Mount Gravatt East, QLD 4122
Compare Part of Brisbane
8.24 km
Distance from Brisbane CBD
39 k
Population
Median Sale Price
House
$645K
Updated on Jul 2020
2 BR $569K | 3 BR $626K | 4 BR $735K |
Unit
$410K
Updated on Jul 2020
1 BR - | 2 BR $370K | 3 BR $460K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $453,000 | 0.0% | $310,000 | $1,340,000 | 110 |
| 2010 | $472,000 | +4.0% | $300,000 | $1,340,000 | 146 |
| 2011 | $466,000 | -1.3% | $57,750 | $1,719,490 | 138 |
| 2012 | $470,000 | +0.9% | $200,000 | $1,250,000 | 182 |
| 2013 | $500,000 | +6.0% | $220,000 | $2,050,000 | 253 |
| 2014 | $558,000 | +10.4% | $365,000 | $1,294,850 | 178 |
| 2015 | $575,000 | +3.0% | $361,000 | $3,200,000 | 204 |
| 2016 | $585,500 | +1.8% | $426,000 | $1,450,000 | 170 |
| 2017 | $670,000 | +12.6% | $310,500 | $1,800,000 | 137 |
| 2018 | $630,000 | -6.3% | $485,000 | $1,166,000 | 49 |
| 2019 | $602,500 | -4.6% | $487,000 | $930,000 | 42 |
| 2020 | $519,000 | -16.1% | $519,000 | $519,000 | 4 |
Median Sale Price
$811K
Based on 13 recorded sales within the last 12 months
Updated on 11 Aug 2020
Suburb Growth
+26.0%
Current Median Price: $811,000
Previous Median Price: $600,000
Based on 48 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jul 2020)
Price Range Segments (12 months ending Jul 2020)
Median Weekly Rent Price
House
$440
Updated on Jul 2020
2 BR $395 | 3 BR $428 | 4 BR $550 |
Unit
$410
Updated on Jul 2020
1 BR $270 | 2 BR $400 | 3 BR $450 | 4 BR $550 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $395 | 0.0% | $220 | $950 | 118 |
| 2012 | $415 | +4.8% | $160 | $980 | 114 |
| 2013 | $400 | -3.8% | $155 | $1,200 | 165 |
| 2014 | $410 | +2.4% | $145 | $1,050 | 138 |
| 2015 | $410 | 0.0% | $125 | $900 | 243 |
| 2016 | $435 | +5.7% | $190 | $1,500 | 213 |
| 2017 | $425 | -2.4% | $155 | $1,090 | 226 |
| 2018 | $425 | 0.0% | $250 | $895 | 218 |
| 2019 | $430 | +1.2% | $270 | $900 | 180 |
| 2020 | $450 | +4.4% | $290 | $2,922 | 103 |
Median Rent Price
$450
per week
Based on 152 recorded rent within the last 12 months
Updated on 11 Aug 2020
Rent Price Growth
+4.4%
Current Median Rent: $450
Previous Median Rent: $430
Based on 362 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.9%
Current Median Price: $811,000
Current Median rent: $450
Based on 165 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jul 2020)
Auction Results For Mount Gravatt East
Houses sold in Last 12 months ends 8 Aug 2020
$796K
Median Sale Price
67%
Clearance Rate
14/21
Sold/Reported
$925K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $800 K - $1 M | 4 | |
| $600 K - $800 K (Median Price Range) | 2 | |
| $400 K - $600 K | 3 | |
Similar Suburbs to Mount Gravatt East 4122
Based on median house sale price sold in last 12 months
Schools closest to Mount Gravatt East, QLD 4122
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Seville Road State School | CNR OATES AVENUE & ROSCOE STREETHolland Park 4121 | Primary | Government | 0.99 km |
| Cavendish Road State High SchoolTop 100 | CNR CAVENDISH AND HOLLAND ROADSHolland Park 4121 | Secondary | Government | 1.18 km |
| St Agnes School | 29 TUDOR STREETMount Gravatt 4122 | Primary | Catholic | 1.33 km |
| Seton College | 1158 CAVENDISH ROADMount Gravatt East 4122 | Secondary | Catholic | 1.32 km |
| Mount Gravatt State School | LOGAN ROADMount Gravatt 4122 | Primary | Government | 1.4 km |
| Mount Gravatt East State School | NEWNHAM ROADMount Gravatt East 4122 | Primary | Government | 1.4 km |
| Mount Gravatt State High SchoolTop 100 | LOREBURN STREETMount Gravatt 4122 | Secondary | Government | 1.7 km |