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15 Doheny Street, Mt Gravatt, QLD 4122

Investment Strategy


Development Timeline

Property Purchased
Property Sold

About the Property

This property is a project for someone who wants to renovate or build a new home on a 1,290m2 block. It has two levels with legal height and plenty of room for creativity. The upstairs has a family-friendly layout with multiple living spaces, a kitchen, and three bedrooms. The downstairs has the option to set up at least another two legal height bedrooms or use the rumpus/multi-purpose spaces for a home business, break away zone, music den… The sky is the limit!

There is also a functional bathroom and laundry. The property is located in a catchment zone for Mt Gravatt State School and Mt Gravatt State High School. It is also nearby Clairvaux Mackillop College, St Bernard’s Catholic Primary School, various childcare centres and Griffith University Nathan and Mt Gravatt campuses. It is serviced by the South East Busway which goes direct to the CBD and surrounding suburbs, and you’ll love the fast and easy access to the M3.

From the domain.com.au listing

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About the Suburb

Overview: Nestled in the southern suburbs of Brisbane, Mt Gravatt East offers a peaceful yet vibrant community environment. With a population of approximately 3,733 residents and 1,640 dwellings, this suburb provides a cozy and close-knit atmosphere.

Residential Landscape: Mt Gravatt East presents a diverse residential landscape, with approximately 51% of residents being owner-occupiers. The IQR % Median of 21% suggests a range of property prices, accommodating various budgets. Properties in Mt Gravatt East typically spend an average of 26 days on the market, reflecting an active and balanced real estate market.

Education Excellence: Education is highly regarded in Mt Gravatt East, with a commendable ICSEA School Score of 70.5. This score signifies the presence of quality educational institutions, making the suburb a compelling choice for families.

Property Market: The median property price in Mt Gravatt East stands at $995,000, indicating its status as an attractive residential area. The recent % growth rate of -3.4% suggests a relatively stable real estate market. Rental properties in the suburb offer a yield of 3.0%, making it an appealing option for investors seeking rental income. With a vacancy rate of 0.7%, Mt Gravatt East experiences consistent demand for rental properties.

Market Activity: The Market Absorption rate of 11% indicates that properties in Mt Gravatt East are absorbed into the market at a steady pace, showcasing its desirability among homebuyers and investors.

Mt Gravatt East is a charming and welcoming suburb, combining tranquility with accessibility. Its diverse community, focus on education, and stable property market make it an attractive destination for those seeking a balanced and harmonious living experience.

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