48 Rakeevan Road, Graceville, QLD 4075 sold on 14 May 2026 | OnTheHouse
SOLD
Sold on 14 May 2026 for $1,620,000

48 Rakeevan Road
Graceville QLD 4075

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 405m2
Sold By
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Belle Property Sherwood
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Property Details for 48 Rakeevan Rd, Graceville

48 Rakeevan Rd, Graceville is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 405m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 2 bedroom House sold in Graceville in the last 12 months.

Building Type
House
Floor Size
88m2
Land Size
405m2
Local Government
Brisbane
Lot/Plan
49/RP29404

Last Listing description (June 2026)

Positioned within one of Graceville's most tightly held and picturesque pockets, 48 Rakeevan Road presents an exceptional opportunity to secure a charming character home in a blue-chip lifestyle location.This classic two-bedroom residence showcases all the warmth and appeal of a traditional Queenslander, complemented by a functional layout suited to modern living. Inside, the home offers two well-proportioned bedrooms, a central bathroom and a light-filled living and dining arrangement. At the front of the home, an enclosed verandah provides valuable additional space ideal as a home office, study or relaxed sitting area, perfectly catering to today's flexible lifestyle needs.Set on an elevated allotment of approximately 405m, the home offers immediate comfort while also presenting outstanding scope to renovate, extend or raise (STCA), capitalising on the strong underlying land value and continued growth of the area. With character zoning in place, the property sits within a pocket defined by beautiful period homes and high-quality renovations. Rakeevan Road itself is widely regarded as one of Graceville's most desirable and tightly held streets as it offers an exceptional lifestyle. Just moments away, the vibrant Honour Avenue precinct provides a selection of popular cafs and dining options, including the much-loved Hunter and Scout and Three Girls Skipping, offering everything from relaxed brunches to quality coffee and boutique dining experiences. For commuters, convenience is second to none, with Graceville Railway Station just a short stroll away, providing direct access to the Brisbane CBD approximately 10km away. This easy connectivity, combined with the suburb's village feel, continues to underpin strong buyer demand.Graceville itself is one of Brisbane's most sought-after inner-west suburbs, prized for its character homes, leafy streets, proximity to the river and strong community atmosphere. With continued growth and limited supply, opportunities in locations of this calibre are becoming increasingly rare.Whether you are looking to move straight in, renovate or secure a blue-chip landholding in an elite street, 48 Rakeevan Road represents a compelling opportunity in the heart of Graceville.

Property History for 48 Rakeevan Rd, Graceville, QLD 4075

A timeline of how this property has performed in the market
Last Sold
$1,620,000
14 May 2026
Listed for Rent
16 Feb 2021
  • 14 May 2026
    Sold for $1,620,000
  • 06 May 2026
    Listed for Sale Price on Request
  • 01 Feb 2021
    Listed for Rent - Price not available
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About Graceville 4075

The size of Graceville is approximately 2.1 square kilometres. There are 8 parks, covering nearly 17.7% of the total area. The population of Graceville in 2016 was 4634 people. By 2021 the population was 4764 showing a population growth of 2.8% in the area during that time. The predominant age group in Graceville is 40-49 years. Households in Graceville are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Graceville work in a professional occupation.In 2021, 76.60% of the homes in Graceville were owner-occupied compared with 74.40% in 2016.

Graceville has 1,901 properties. Over the last 5 years, Houses in Graceville have seen a 64.81% increase in median value, while Units have seen a 81.79% increase. As at 31 May 2026:

  • The median value for Houses in Graceville is $1,837,185 while the median value for Units is $904,333.
  • Houses have a median rent of $888 while Units have a median rent of $750.
There are currently 13 properties listed for sale, and 5 properties listed for rent in Graceville on OnTheHouse. According to Cotality's data, 122 properties were sold in the past 12 months in Graceville.

Suburb Insights for Graceville 4075

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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.