OFF MARKET

44 Dowrie Street
Upper Mount Gravatt QLD 4122

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 190m2
Land area: 597m2
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Property Details for 44 Dowrie St, Upper Mount Gravatt

44 Dowrie St, Upper Mount Gravatt is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 597m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in August 2018.

Building Type
House
Year Built
1950
Floor Size
190m2
Land Size
597m2
Local Government
Brisbane
Lot/Plan
21/RP97890

Last Listing description (September 2018)

All comparative homes in the area and even a recent bank valuation have come up with a value of $740,000...so why are we selling so cheap?
Come to the open home this Saturday and Junaid will tell you why!
Open SATURDAY

Take your pick...with this fantastic property in Upper Mount Gravatt.
With an oversupply of units and a tightening of lending policies from the banks, savvy investors are looking for new ways to maximize their returns through property.
Junaid Ally is excited to present this fantastic property for the smart, modern investor. With a potential return of over $50,000 per annum, 44 Dowrie Street is ideally set up to take advantage of Brisbane's booming student accommodation market.
Set over two floors, it offers 2 bedrooms, a full bathroom and kitchen on the ground floor with a further 3 bedrooms, a second kitchen and another bathroom on the top floor. Each floor has its own entry, as well as their own lounge, dining and outdoor deck.
The bathrooms feature high-quality floor to ceiling tiling, while the kitchens also offer high-quality finishes and stainless steel appliances. Polished timber floors and fresh paintwork mean this property is ready to welcome its new guests. Each room has a rental potential of $200 a week, and with student rooming in such high demand, 44 Dowrie Street represents a real opportunity for the investor who thinks outside of the box.
Located just a 15-minute walk and 5 minutes drive to two of Griffith University 's busiest campuses, it is the ideal base for students, and with great transport links to the city, opens up a range of future opportunities too. If you're more likely to invest in Bitcoin than ASX and can see a strong investment when presented, contact Junaid today for more information.
At A Glance
5 bedroom 2 bathroom residence over 2 floors
Kitchen, bathroom and living space on both levels
Recent renovations throughout mean no money to be spent
Decks on both levels and great sized gardens
Fantastic location, close to 2 Uni campuses and walking distance to Westfield
Perfect investment for student accommodation, potentially over $50k pa

Property History for 44 Dowrie St, Upper Mount Gravatt, QLD 4122

A timeline of how this property has performed in the market
Last Sold
$655,000
06 Aug 2018
  • 06 Aug 2018
    Sold for $655,000
  • 17 Nov 2017
    Listed for Sale Not Disclosed
  • 19 Feb 2005
    Sold for $285,000
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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 5,443 properties. Over the last 5 years, Houses in Upper Mount Gravatt have seen a 76.56% increase in median value, while Units have seen a 58.07% increase. As at 30 September 2024:

  • The median value for Houses in Upper Mount Gravatt is $1,096,359 while the median value for Units is $628,844.
  • Houses have a median rent of $620 while Units have a median rent of $630.
There are currently 35 properties listed for sale, and 18 properties listed for rent in Upper mount gravatt on OnTheHouse. According to CoreLogic's data, 232 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.