5 Leichhardt Drive, Gracemere, QLD 4702 | House for sale | OnTheHouse
 
FOR SALE
Offers over $689,000

5 Leichhardt Drive
Gracemere QLD 4702

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 636m2
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Perfectly Positioned 4 bedroom home in Gracemere

Positioned in an established residential area of Gracemere, 5 Leichhardt Drive presents a practical investment opportunity with immediate rental income and future growth potential.
The property is currently tenanted at $540 per week until early November, providing an immediate return for investors. A current rental appraisal indicates an estimated rental range of $600-$630 per week, highlighting the potential to increase returns at the end of the current lease.
The home comprises four bedrooms and two bathrooms, offering a functional layout suited to families and professionals alike. The master bedroom includes an ensuite.
The open-plan living and dining area provides a practical living space, complemented by a well-positioned kitchen designed for everyday functionality.
Located within easy access to local schools, shopping facilities, parks and other essential amenities, the property is well placed to attract long-term tenants seeking convenience and lifestyle.
Property Features:
* Four-bedroom home
* Two bathrooms, including ensuite to the master bedroom
* Functional open-plan living and dining area
* Practical kitchen layout
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Property Details for 5 Leichhardt Dr, Gracemere

5 Leichhardt Dr, Gracemere is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 636m2. The place is currently for sale with Ray White Rockhampton.

Building Type
House
Land Size
636m2
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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 5,106 properties. Over the last 5 years, Houses in Gracemere have seen a 112.82% increase in median value, while Units have seen a 117.33% increase. As at 31 July 2026:

  • The median value for Houses in Gracemere is $718,643 while the median value for Units is $511,687.
  • Houses have a median rent of $560 while Units have a median rent of $480.
There are currently 55 properties listed for sale, and 36 properties listed for rent in Gracemere on OnTheHouse. According to Cotality's data, 312 properties were sold in the past 12 months in Gracemere.

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Sylvia Godwin
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Ray White Rockhampton
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