SOLD
Sold on 24 Oct 2023 for $525,000

306/40 Mascar Street
Upper Mount Gravatt QLD 4122

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 86m2
Land area: 90m2
Sold By
J & B Property Management Eight Mile Plains
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Property Details for 306/40 Mascar St, Upper Mount Gravatt

306/40 Mascar St, Upper Mount Gravatt is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 90m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Upper Mount Gravatt in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
86m2
Land Size
90m2
Local Government
Brisbane
Lot/Plan
306/SP281537

Last Listing description (December 2023)

Proudly presenting this stunning 2 bedroom apartment offering incredible opportunity at excellent value, apartment offering an incredible opportunity at excellent value. Located on a well - sought after street within heart of Upper Mount Gravatt.

Whether you are looking for low-maintained investment property to grow your investment portfolio or move into this unique spacious apartment in one of the best pockets of Upper Mount Gravatt, this is one for you.

This apartment is perfect for investors, first home buyers and families

The body corporate is organised and the fees are reasonable (available upon request)

Features:
- 2 well sized bedroom + study
- Ceiling fan in all bed room and study
- Modern Kitchen with stone benchtop
- Open floor-plan with balcony

*Rent Appraisal : $580-595 p/w

Location:
- 1km to Westfield Garden City
- 2.5 km to Griffith University
- 1.4 km to Palmdale shopping centre
- 3.5 km to Sunnybank Plaza
- 1km to Upper Mount Gravatt State School
- 1.4km to Macgregor State High School
- 15km to Brisbane City

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 306/40 Mascar St, Upper Mount Gravatt, QLD 4122

A timeline of how this property has performed in the market
Last Sold
$525,000
24 Oct 2023
Listed for Rent
$480/w
17 Jul 2019
  • 24 Oct 2023
    Sold for $525,000
  • 18 Jul 2023
    Listed for Sale Not Disclosed
  • 27 May 2022
    Sold for $430,000
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About Upper Mount Gravatt 4122

The size of Upper Mount Gravatt is approximately 4.3 square kilometres. It has 11 parks covering nearly 5.9% of total area. The population of Upper Mount Gravatt in 2011 was 8,852 people. By 2016 the population was 9,227 showing a population growth of 4.2% in the area during that time. The predominant age group in Upper Mount Gravatt is 20-29 years. Households in Upper Mount Gravatt are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Upper Mount Gravatt work in a professional occupation. In 2011, 59.9% of the homes in Upper Mount Gravatt were owner-occupied compared with 56.2% in 2016.

Upper Mount Gravatt has 5,471 properties. Over the last 5 years, Houses in Upper Mount Gravatt have seen a 78.11% increase in median value, while Units have seen a 67.97% increase. As at 31 August 2024:

  • The median value for Houses in Upper Mount Gravatt is $1,083,471 while the median value for Units is $617,470.
  • Houses have a median rent of $618 while Units have a median rent of $630.
There are currently 39 properties listed for sale, and 28 properties listed for rent in Upper mount gravatt on OnTheHouse. According to CoreLogic's data, 236 properties were sold in the past 12 months in Upper mount gravatt.

Suburb Insights for Upper Mount Gravatt 4122

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.