42 Archer Street, Upper Mount Gravatt, QLD 4122 | House for sale | OnTheHouse
 
FOR SALE
Offers Over $1,025,000

42 Archer Street
Upper Mount Gravatt QLD 4122

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 486m2
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BUY ONE OR BUY BOTH! PRIME DUAL-LOT OPPORTUNITY - 972m²

BLUE-CHIP UPPER MT GRAVATT
Positioned in one of Brisbane's most tightly held and rapidly evolving pockets, 42 & 40 Archer Street, Upper Mount Gravatt present a rare chance to secure two adjoining properties offered together or separately with a clear upside for developers, land-bankers, and strategic buyers.
Combined, the site offers 972m² of premium land in a high-demand growth corridor. Each block is 486m², sitting side by side to create a clean, highly usable parcel something that's becoming increasingly difficult to find in this area.
Opportunities like this, where neighbouring properties align at the same time, are extremely rare. While both can be purchased individually, the real value is in securing the full site and taking control of the entire 972m².
The existing homes include a 3-bedroom property at 40 Archer Street and a 3-bedroom home at 42 Archer Street. Both are very liveable and rentable as they are, providing the option to generate holding income while future plans are considered.
The location is a major part of the appeal. You're just minutes from Westfield Mt Gravatt, close to The Village Upper Mount Gravatt, and within easy reach of the Brisbane CBD. Mount Gravatt Lookout is nearby, along with a range of well-regarded schools including Wishart State School, Upper Mount Gravatt State School, and Clairvaux MacKillop College. Market Square Sunnybank and its dining precinct are also close by, with convenient access to major roads and transport links.
This is the kind of location that continues to see strong buyer and tenant demand, making it well suited to both development (STCA) and long-term holding.
Most sites like this require time, negotiation, and the challenge of bringing multiple owners together. Here, that work has already been done. Two side-by-side blocks, aligned and ready, in a high-demand suburb offering a straightforward opportunity for those who recognise the upside.
Buy one or secure both. Sellers are open to discussions, but opportunities like this don't come around often.
Disclaimer: All information contained herewith, including but not limited to the general property description, price and the address, is provided to Ray White Springwood & Shailer Park by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.

Property Details for 42 Archer St, Upper Mount Gravatt

42 Archer St, Upper Mount Gravatt is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 486m2. The place is currently for sale with Ray White - Springwood.

Building Type
House
Land Size
486m2
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About Upper Mount Gravatt 4122

The size of Upper Mount Gravatt is approximately 4.3 square kilometres. There are 11 parks, covering nearly 5.9% of the total area. The population of Upper Mount Gravatt in 2016 was 9241 people. By 2021 the population was 10800 showing a population growth of 16.9% in the area during that time. The predominant age group in Upper Mount Gravatt is 20-29 years. Households in Upper Mount Gravatt are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Upper Mount Gravatt work in a professional occupation.In 2021, 51.40% of the homes in Upper Mount Gravatt were owner-occupied compared with 56.20% in 2016.

Upper Mount Gravatt has 5,600 properties. Over the last 5 years, Houses in Upper Mount Gravatt have seen a 96.95% increase in median value, while Units have seen a 104.00% increase. As at 30 April 2026:

  • The median value for Houses in Upper Mount Gravatt is $1,476,332 while the median value for Units is $860,555.
  • Houses have a median rent of $713 while Units have a median rent of $650.
There are currently 41 properties listed for sale, and 20 properties listed for rent in Upper mount gravatt on OnTheHouse. According to Cotality's data, 253 properties were sold in the past 12 months in Upper mount gravatt.

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Lindsay Battley
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Lachlan Jones
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Ray White - Springwood
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