20 Reservoir Street, Gracemere, QLD 4702 | House for sale | OnTheHouse
 
FOR SALE
Offers Over $439,000

20 Reservoir Street
Gracemere QLD 4702

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 832m2
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Classic Character, Endless Potential

Nestled on a generous 832m² allotment, this charming Queenslander offers the perfect blend of timeless character, practical living and exciting future potential. Rich in history and built to last, this is the kind of home that continues to stand the test of time while offering plenty of opportunity for its next owners to make it their own.
A traditional front verandah welcomes you into the home, where classic Queenslander features and a practical floorplan provide the foundation for comfortable everyday living. Offering well-sized bedrooms plus a large sleepout, the home provides flexibility for growing families, guests or a home office.
The functional kitchen adjoins the dining area, creating a practical layout for everyday living, while the bathroom features a beautiful claw-foot bathtub that adds to the home's timeless appeal.
Underneath the home offers an abundance of storage space, while the generous backyard provides plenty of room for children and pets to play. Set on an expansive 832m² block, there is ample space to add a large shed, swimming pool or further improvements to truly make the property your own.
Conveniently positioned just minutes from Gracemere Shopping Centre, local schools and everyday amenities, this property presents an outstanding opportunity for first home buyers, renovators or investors looking to secure a character-filled home with endless potential.
Property Features:
- Charming Queenslander filled with character
- Spacious living room filled with natural light from skylight
- Functional kitchen and adjoining dining area
- Bathroom with two showers and a claw-foot bathtub
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Property Details for 20 Reservoir St, Gracemere

20 Reservoir St, Gracemere is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 832m2. The place is currently for sale with McGrath Rockhampton.

Building Type
House
Land Size
832m2
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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 5,075 properties. Over the last 5 years, Houses in Gracemere have seen a 116.30% increase in median value, while Units have seen a 97.93% increase. As at 30 June 2026:

  • The median value for Houses in Gracemere is $721,680 while the median value for Units is $496,757.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 54 properties listed for sale, and 23 properties listed for rent in Gracemere on OnTheHouse. According to Cotality's data, 289 properties were sold in the past 12 months in Gracemere.

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Flynn Phelan
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McGrath Rockhampton
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