1/16 Thomas Street, Gracemere, QLD 4702 | DuplexSemi-detached for sale | OnTheHouse
 
FOR SALE
Offers Over $480,000

1/16 Thomas Street
Gracemere QLD 4702

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 112m2
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Double the Opportunity: Buy One, Buy Both!

This well-built brick duplex offers comfortable, low-maintenance living with the bonus flexibility of a strata-titled second unit, all set on a generous 1217m² block.
3 bedrooms, all with fans and built-in robes
Air conditioning to the main bedroom and living area
Security screens throughout for peace of mind
Spacious kitchen designed for those who love to cook
Solar hot water system
Lowset brick duplex, strata titled — opportunity to purchase one or both units
Unit 2 features a second bathroom as an ensuite and is currently tenanted month-to-month
Unit 2 priced at Offers Over $499,000
With its solid construction, practical layout, and investment potential, this is a property worth seeing for yourself. Contact me today to arrange a private inspection.

Property Details for 1/16 Thomas St, Gracemere

1/16 Thomas St, Gracemere is a 3 bedroom, 1 bathroom DuplexSemi-detached with 1 parking spaces and was built in 2007. The property has a floor size of 112m2. The place is currently for sale with Pat O'Driscoll Real Estate.

Building Type
DuplexSemi-detached
Year Built
2007
Floor Size
112m2
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About Gracemere 4702

The size of Gracemere is approximately 70.0 square kilometres. There are 13 parks, covering nearly 1.3% of the total area. The population of Gracemere in 2016 was 11315 people. By 2021 the population was 12023 showing a population growth of 6.3% in the area during that time. The predominant age group in Gracemere is 0-9 years. Households in Gracemere are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gracemere work in a trades occupation.In 2021, 58.60% of the homes in Gracemere were owner-occupied compared with 53.10% in 2016.

Gracemere has 5,063 properties. Over the last 5 years, Houses in Gracemere have seen a 117.21% increase in median value, while Units have seen a 116.91% increase. As at 31 May 2026:

  • The median value for Houses in Gracemere is $715,549 while the median value for Units is $484,985.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 47 properties listed for sale, and 19 properties listed for rent in Gracemere on OnTheHouse. According to Cotality's data, 290 properties were sold in the past 12 months in Gracemere.

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Lyn Deasy
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Pat O'Driscoll Real Estate
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