Mount Gravatt East, a bustling suburb in Brisbane, Queensland, is known for its diverse real estate offerings and dynamic housing market. Over recent years, the suburb has experienced steady growth, buoyed by robust demand from both first-time homebuyers and investors. The housing landscape here is characterized by an eclectic mix of post-war homes, modern apartment complexes, and charming Queenslanders, reflecting the suburb’s historical evolution and modern development. This diversity in housing types also points to a varied price range, making the area appealing to a wide array of buyers. With its strategic location only about 10 kilometers from Brisbane’s central business district, Mount Gravatt East remains an attractive option for those seeking a balanced lifestyle that blends suburban tranquility with convenient urban access.
Living in Mount Gravatt East offers residents a rich combination of amenities and lifestyle opportunities. The area is adorned with leafy streets and an abundance of green spaces, such as the popular Mount Gravatt Lookout, providing stunning panoramic views of the city and a peaceful retreat for nature lovers. The suburb is well-serviced by public transport and has easy access to major roads, making commuting convenient for residents. Families are drawn to the area due to its proximity to highly regarded schools and a range of recreational facilities, including sports clubs, shopping centers, and cafes, promoting a vibrant community atmosphere. Overall, Mount Gravatt East offers a blend of comfort, convenience, and community, creating an appealing living environment for a diverse population.
Median Weekly Rent | $419.41 |
Median Monthly Mortgage | $2118.56 |
Median Persons Per bed houseroom | 0.80 |
Average Household Size | 2.78 |
Average Age | 37.63 |
Average Income | $965.07 |
Average Cars Per Dwelling | 1.80 |
Average Properties Within 50M | 21 |
Typical 1 bed house | $673,000 |
Typical 2 bed house | $664,000 |
Typical 3 bed house | $983,000 |
Typical 4 bed house | $1,292,000 |
Typical 5 bed house | $1,703,000 |
Typical 6 bed+ house | $1,744,000 |
Housing Stock
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Thinking about buying in Mount Gravatt East? Now could not be a better time, with 6673 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $944,000 with prices in this suburb ranging from $271,000 to $7,291,000. The aproximate distance to the coast is 10 Km.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Mount Gravatt East are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Mount Gravatt East classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Mount Gravatt East requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Instant Property Valuation119 Grenfell Street, Mount Gravatt East, QLD, 4122 | 3 | 1 | 1 | UNDER CONTRACT | |
79 Ballarat Street, Mount Gravatt East, QLD, 4122 | 3 | 1 | 2 | Auction | |
Unit 2, 5 Springwood Street, Mount Gravatt East, QLD, 4122 | 1 | 1 | 1 | For Sale | |
7 Enderby Street, Mount Gravatt East, QLD, 4122 | 3 | 1 | 1 | Please Call | |
Unit 9, 11 Raffles Street, Mount Gravatt East, QLD, 4122 | 2 | 2 | 1 | 550000 | |
Unit 1, 23 Gordon Parade, Mount Gravatt East, QLD, 4122 | 3 | 2 | 1 | 700000 | |
32 Clausen Street, Mount Gravatt East, QLD, 4122 | 6 | 4 | 2 | 1200000 | |
29 Westbrooke Street, Mount Gravatt East, QLD, 4122 | 4 | 2 | 4 | 1000000 | |
15 Rise Street, Mount Gravatt East, QLD, 4122 | 3 | 1 | 2 | 800000 | |
6 Blackpool Street, Mount Gravatt East, QLD, 4122 | 4 | 2 | 2 | 1500000 | |
5 Tarrant Street, Mount Gravatt East, QLD, 4122 | 3 | 1 | 2 | 850000 | |
Unit 18, 10 Kaija Street, Mount Gravatt East, QLD, 4122 | 3 | 2 | 1 | 650000 | |
Unit 20, 19 Springwood Street, Mount Gravatt East, QLD, 4122 | 3 | 2 | 2 | Under Contract by Anni.. | |
Unit 6, 17 Tick Street, Mount Gravatt East, QLD, 4122 | 3 | 2 | 2 | By Negotiation |
Mount Gravatt East State School
Seton College
Mount Gravatt State School
St Agnes School
Mount Gravatt State High School
Seville Road State School
Brisbane Adventist College
Wishart State School
St Catherine's Catholic Primary School
Nursery Road State Special School
(While the above schools are located with the suburb of Mount Gravatt East there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 5.8 | 21.6 | 30.4 | 51.8 | 87.6 | 2.2 | 24.8 |
Feb | 7.2 | 21.7 | 30.1 | 52.6 | 87.5 | 1.9 | 21.2 |
Mar | 5.6 | 20.6 | 29.5 | 52.8 | 90.3 | 1.6 | 17.6 |
Apr | 2.8 | 17.6 | 27.3 | 49.7 | 89.6 | 1.5 | 16.1 |
May | 2.2 | 13.8 | 24.0 | 46.9 | 88.2 | 1.4 | 13.9 |
Jun | 2.4 | 12.4 | 22.2 | 49.1 | 88.2 | 1.3 | 11.9 |
Jul | 0.8 | 10.7 | 22.4 | 41.2 | 87.4 | 1.3 | 13.4 |
Aug | 0.3 | 11.1 | 24.6 | 32.3 | 85.7 | 1.5 | 17 |
Sept | 0.6 | 14.0 | 26.1 | 37.4 | 86.1 | 1.7 | 20.2 |
Oct | 2.8 | 16.1 | 27.1 | 42.2 | 86.1 | 1.8 | 22.9 |
Nov | 2.5 | 19.1 | 28.9 | 45.9 | 85.5 | 1.9 | 25.5 |
Dec | 5.5 | 21.1 | 29.9 | 50.0 | 85.7 | 2.0 | 23.0 |
source: Australian Government Bureau of Meteorology
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