14 Raffles Street Mount Gravatt East QLD 4122

4 / 2 / 1 / 696 m2

Here you can find what you need to know about 14 Raffles Street , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Mount Gravatt East, QLD and much more.

Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122
Property photo of 14 Raffles Street Mount Gravatt East QLD 4122

Property Insights

14 Raffles Street Estimated Value

$631,000 - $804,000

About Estimated Values

An automated valuation model estimate (AVM Estimate) is a statistically derived estimate of the sale or rental value (as the context requires) of the subject property. An AVM Estimate is generated (i) by a computer driven mathematical model in reliance on available data; (ii) without the physical inspection of the subject property; (iii) without taking into account market conditions which may, together or separately, affect the value.

An AVM Estimate is current only at the date of publication or supply and must not be relied upon as a professional valuation or an accurate representation of the market sale or rental value of the subject property.

CoreLogic does not warrant the accuracy, currency or completeness of the AVM Estimate and to the full extent permitted by law, CoreLogic excludes all liability for any loss or damage howsoever arising in connection with an AVM Estimate.
Medium confidence estimate
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Last sold for $0 on 28/07/2020

Sale Type: Unknown

This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated
Rent
High confidence
Gross
Cashflow
Unavailable
Estimated
Gross Yield
High confidence
Natural Hazard Risk
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Pros & Cons

Things to like
  • Above market cashflow potential
  • Cheaper than comparable properties
  • Low risk of losing value
Things to look out for
  • Slower growth than market average

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the property Cashflow Score

Each property is given a score out of 100 based on one factor relating to the specific property and one factor relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has higher than average estimated gross yield and is located in a suburb with similarly high yielding properties.

This property National
Estimated
Gross Yield
Manly, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Capital Growth Score

Each property is given a score out of 100 based on one factor relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

This property National
Change in Property
Value (1 yr)
Manly, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Lower Risk Score

Each property is given a score out of 100 based on two factors relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to command higher rent than average and therefore attract higher income tenants. Furthermore, it is likely to be easier to sell in the future due to strong market health indicators in the suburb it is located in.

This property National
Change in Property
Value (5 yr)
Estimated weekly
rent
Manly, NSW National
Average Days
on Market
Change in Median
Price (5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

About this Property

Details

Bedrooms 4
Bathrooms 2
Car Spaces 1
Land Size 696 m2
Floor Area -
House Type House: One Storey / Lowset
Council Area Brisbane - Belmont
Year Built n/a
Zone RESIDENTIAL B R3
Lot/Plan 51/RP66329 Mount Gravatt East QLD
Property Type House

Last listing description (July 2020)

Expansive Post War Home with Dual Living Potential
Serenely positioned on an elevated 696m2 allotment with views to Mount Gravatt, this generously proportioned post war home offers endless renovation potential. Boasting an impressive 17.3m frontage and perched on the high side of ever popular Raffles Street, the solidly constructed home boasts original features on the upper level and an abundance of space throughout.

With the home having been previously raised in the 1970's, all of the hard work of lifting the house has already been done. On the lower level is an expansive open plan kitchen, living and dining area with soaring ceilings. A functional kitchen with a modern cooktop and oven look out onto the leafy garden beyond. An adjacent lounge and dining area are spacious enough to accommodate the largest of family gatherings.

A bedroom positioned at the rear of this level could easily serve as a study, with room for a bed, desk and freestanding wardrobe. Completing this floor of the home is a tidy family-sized bathroom and a sizeable laundry room with external access.

On the charming upper level of the home are original period features including timber floors, high ceilings and casement windows. Three generously sized bedrooms, including an air conditioned master bedroom, include built in robes. A centrally positioned second living area opens through sliding doors onto a covered balcony--a peaceful place to relax and take in the urban views. There is open study at the top of the stairs, which could be converted to a second kitchen, as well as two enclosed verandas, either of which could serve as sun room or playroom for the kids.

Stepping outside, there is a large, fully fenced garden at the rear of the property with two garden sheds. A majestic mango tree provides shade and privacy. The home also offers a flat grassy area at the front of the property and a single carport at street level.

The location of this exceptional property is second to none, with an abundance of local amenities within easy walking distance. Mount Gravatt Plaza, at the end of the street, provides an extensive selection of shops and services, as well as Woolworths and Coles supermarkets. Garden City Shopping Centre is also just minutes away. Parents and students will love the proximity of local schools, Griffith University and Mt Gravatt TAFE, while those working in the CBD will appreciate the easy access to public transport. Weekends in this much sought after locale can be spent shopping at the local farmers markets, hiking to the nearby mountaintop lookout or dining at one of the many popular local cafes and restaurants on Logan Road.

FEATURES AT A GLANCE
- Raised four bedroom, two bathroom post war home
- Multiple living areas
- Dual living potential, legal height underneath
- Mountain views
- 696m2 land area
- Single lot on one title
- Depth of 40.5m and frontage of 17.3m
- Potential to remove the house, demolish, subdivide or redevelop*
- LMR2 zoning
- Convenient lifestyle location
- Walking distance to local supermarkets, shops, restaurants and cafes
- Close proximity to local schools, TAFE and Griffith University
- Easy access to public transport, short commute to CBD
- Excellent growth potential
- Renovate and take advantage of the new $25,000 HomeBuilder grant program**

* Subject to Brisbane City Council approval.
** Subject to satisfaction of eligibility requirements and government approval.

For further information, call Robyn Tait on 0479 057 907.

Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property Timeline

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Latest Auction Results for Mount Gravatt East as at 09 August 2020

Property Details
Sale Price
3Bed / 2Bath / 2Car / House
-
3Bed / 2Bath / 2Car / House
-
3Bed / 1Bath / 2Car / House
Passed In

State Auction Clearance Rates - August 2020

Auctions Clearance rate
QLD 175 37%
ACT 51 73%
NSW 703 58%
NT 5 60%
SA 47 55%
TAS 0 0%
VIC 308 64%
WA 20 25%

Suburb Insights

Mount Gravatt East, QLD 4122

No data available Part of: Brisbane Council

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Occupancy


Demographic data provided
by Australian Bureau of Statistics


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Here you can find everything you need to know about 14 Raffles Street, including the property sale history and estimated market value as well as insights into Raffles Street and Mount Gravatt East 14 Raffles Street Mount Gravatt East QLD 4122