Mount Gravatt East, QLD 4122
Compare Part of Brisbane
8.24 km
Distance from Brisbane CBD
39 k
Population
Median Sale Price
House
$638K
Updated on Jan 2020
2 BR $550K | 3 BR $591K | 4 BR $750K |
Unit
$394K
Updated on Jan 2020
1 BR - | 2 BR $351K | 3 BR $409K |
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 | - | - | - | - | - |
Median Sale Price
$603K
Based on 43 recorded sales within the last 12 months
Updated on 26 Feb 2020
Suburb Growth
-7.6%
Current Median Price: $602,500
Previous Median Price: $648,000
Based on 77 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$425
Updated on Jan 2020
2 BR $398 | 3 BR $415 | 4 BR $533 |
Unit
$400
Updated on Jan 2020
1 BR $300 | 2 BR $390 | 3 BR $435 | 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 | $435 | +2.3% | $270 | $900 | 180 |
| 2020 | $430 | -1.2% | $345 | $850 | 12 |
Median Rent Price
$430
per week
Based on 158 recorded rent within the last 12 months
Updated on 26 Feb 2020
Rent Price Growth
+1.2%
Current Median Rent: $430
Previous Median Rent: $425
Based on 367 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.7%
Current Median Price: $602,500
Current Median rent: $430
Based on 201 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)
Auction Results For Mount Gravatt East
Houses sold in Last 12 months ends 22 Feb 2020
$690K
Median Sale Price
81%
Clearance Rate
58/72
Sold/Reported
$1.18M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1 M - $1.2 M | 1 | |
| $800 K - $1 M | 10 | |
| $600 K - $800 K (Median Price Range) | 10 | |
| $400 K - $600 K | 12 | |
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 |