2/48 Grays Road, Gaythorne, QLD 4051 | Property Value & History | OnTheHouse
OFF MARKET

2/48 Grays Road
Gaythorne QLD 4051

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 107m2
Land area: 128m2
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Property Details for 2/48 Grays Rd, Gaythorne

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.

Building Type
Townhouse
Year Built
2005
Floor Size
107m2
Land Size
128m2
Local Government
Brisbane
Lot/Plan
2/SP187775

Last Listing description (February 2026)

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.

Property History for 2/48 Grays Rd, Gaythorne, QLD 4051

A timeline of how this property has performed in the market
Last Sold
$850,000
10 Jul 2025
Listed for Rent
$520/w
07 Mar 2023
  • 10 Jul 2025
    Sold for $850,000
  • 25 Jun 2025
    Listed for Sale Under Contract
  • 16 Feb 2023
    Listed for Rent $520 / week
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About Gaythorne 4051

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:

  • The median value for Houses in Gaythorne is $1,416,418 while the median value for Units is $879,025.
  • Houses have a median rent of $750 while Units have a median rent of $625.
There are currently 7 properties listed for sale, and 5 properties listed for rent in Gaythorne on OnTheHouse. According to Cotality's data, 76 properties were sold in the past 12 months in Gaythorne.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.