2/48 Grays Rd, Gaythorne is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2005. The property has a land size of 128m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in July 2025.
If you've been searching for a set-and-forget investment that ticks all the boxes, this fantastic Gaythorne townhouse is the one you've been waiting for. With a great tenant already in place and a secure lease until March 2026, you can enjoy instant rental returns from day one. What makes this property really special is its position; it's tucked away at the very back of a small, private complex of only four homes, giving you a wonderful sense of peace and quiet.
Come on in and you'll immediately appreciate the light and airy feel. The open-plan living and dining area is a welcoming space, designed for easy living with both air-conditioning and a ceiling fan to keep things comfortable no matter the season. The kitchen is neat and practical, with plenty of cupboard space and a dishwasher to make life easier. It's the kind of layout that just works, making it a place tenants will love to call home.
But the real showstopper here is the backyard. It's not just a courtyard; it's a massive 86 square metre private outdoor space that's all yours. There's a covered patio perfect for a weekend barbecue, plus a generous lawn area - a rare and valuable feature for a townhouse. Upstairs, you'll find comfortable bedrooms, including a master with its own ensuite. The property also comes with a secure garage, so parking is never an issue.
The location is simply brilliant. You're in the heart of Gaythorne, a friendly neighbourhood where everything you need is just around the corner. Take a short walk to the train station for an easy commute to the city, or wander down to the local cafes and the bustling Blackwood Street precinct for a coffee or a bite to eat. With Brookside Shopping Centre nearby and the city only 8km away, it's the perfect blend of suburban tranquility and urban convenience. This isn't just a smart investment on paper; it's a wonderful property in a location people love to live in.
The size of Gaythorne is approximately 1.0 square kilometres. There are 9 parks, covering nearly 10.6% of the total area. The population of Gaythorne in 2016 was 3023 people. By 2021 the population was 3158 showing a population growth of 4.5% in the area during that time. The predominant age group in Gaythorne is 30-39 years. Households in Gaythorne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gaythorne work in a professional occupation.In 2021, 42.60% of the homes in Gaythorne were owner-occupied compared with 39.20% in 2016.
Gaythorne has 1,945 properties. Over the last 5 years, Houses in Gaythorne have seen a 65.94% increase in median value, while Units have seen a 104.86% increase. As at 31 July 2026:
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