OFF MARKET

527 Newnham Road
Upper Mount Gravatt QLD 4122

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 124m2
Land area: 546m2
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Property Details for 527 Newnham Rd, Upper Mount Gravatt

527 Newnham Rd, Upper Mount Gravatt is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 546m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in July 2010.

Building Type
House
Year Built
1970
Floor Size
124m2
Land Size
546m2
Local Government
Brisbane
Lot/Plan
8/RP133907

Last Listing description (January 2015)

Right Location for the Future- Develop or Invest
With approval under the Mount Gravatt Corridor Neighbourhood Plan the opportunity exists to build apartments with the council approval.
This area has become one of the best areas in Brisbane south side for development.

Three bed room house is currently tenanted. The land size is over 540sqm. The location is very central and in the close proximity of Westfield garden city, local schools, Upper Mount Gravatt bus station.
CBD is only 12 minutes away by Motorway.
Only 20 minutes away from the Airport.
Only 5 minutes to all major motorways.
If you are not ready to develop now this is a great opportunity to land bank and rent this very large house for future gains.
With adjoining two properties which are for sale you have a huge opportunity to develop over 3500 square metres of mixed use zoned residential property in Upper Mount Gravatt.

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Property History for 527 Newnham Rd, Upper Mount Gravatt, QLD 4122

A timeline of how this property has performed in the market
Last Sold
$427,500
30 Jul 2010
  • 17 Aug 2014
    Listed for Sale P.O.A
  • 30 Jul 2010
    Sold for $427,500
  • 26 Apr 2010
    Listed for Sale $439,000
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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 5,435 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 39 properties listed for sale, and 18 properties listed for rent in Upper mount gravatt on OnTheHouse. According to CoreLogic's data, 234 properties were sold in the past 12 months in Upper mount gravatt.

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