197A Newnham RoadMount Gravatt East QLD 4122
Property Details for 197a Newnham Rd, Mount Gravatt East
197a Newnham Rd, Mount Gravatt East is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2016. The property has a land size of 426m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in February 2019.
Last Listing description (November 2015)
A HOME & INVESTMENT PROPERTY UNDER ONE ROOF!!
Dual Key home available in the booming suburb of Mount Gravatt East!!
Located close to public transport, close to Carindale and Garden City Shopping center s as well as a variety of neighbourhood shops, cafes and restaurants this property is perfect for investors or owner-occupiers.
Essentially a Dual Key home is designed to allow for two separate living areas under the one roof and one land title, each with its own entrance and facilities including laundry, kitchen, bathrooms, bedrooms, living and outdoor areas etc. This allows the occupants to live in each area or rent each area independently.
As well as being properties that provide two sources of income, they also provide strong capital growth, are low risk and in high market demand.
The Dual Key home really is a game changer when it comes to investing. The fact that you can have one property and two incomes fundamentally changes the way you can invest in property.
Key Benefits of a Dual Key Home?
HIGH CASH FLOW
Because the one property features two separate dwellings, you benefit by having a higher rental income opposed to a traditional investment property. With a dual key property, not only will you achieve a higher rental income, by having two rental properties on one land title, you are only paying one set of council rates and no body corporate or strata fees.
CAPITAL GROWTH
Dual Key properties in the right location could expect to achieve similar capital growth to the surrounding residential properties.
COST SAVINGS
Save an estimated $10,000 instantly on stamp duty with our house and land packages
HIGH DEMAND
Due to the increasing needs for affordable living and smarter, more flexible investment opportunities, dual key properties are in high demand from both owner occupiers and investors.
LESS RISK
By having two independent rental sources you are therefore reducing your investment risk, if one dwelling is vacant and the other has a tenant, you still have one source of income.
LARGER TARGET RENTAL MARKET
Dual Key properties appeal to several market segments, including the aging population who are looking to downsize, families who require additional living space for parents or elderly relatives, those who require space for a home office and people looking for more affordable living.
For inspections or to obtain further information please contact us today.
Property History for 197a Newnham Rd, Mount Gravatt East, QLD 4122
- 06 Feb 2019Sold for $655,000
- 22 Jun 2018Listed for Sale Not Disclosed
- 14 Jul 2015Listed for Rent - Price not available
Recent sales nearby
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0About Mount Gravatt East 4122
The size of Mount Gravatt East is approximately 4.6 square kilometres. There are 14 parks, covering nearly 5.9% of the total area. The population of Mount Gravatt East in 2016 was 11838 people. By 2021 the population was 12428 showing a population growth of 5.0% in the area during that time. The predominant age group in Mount Gravatt East is 30-39 years. Households in Mount Gravatt East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Gravatt East work in a professional occupation.In 2021, 60.70% of the homes in Mount Gravatt East were owner-occupied compared with 60.30% in 2016.
Mount Gravatt East has 5,506 properties. Over the last 5 years, Houses in Mount Gravatt East have seen a 60.34% increase in median value, while Units have seen a 95.51% increase. As at 31 August 2026:
- The median value for Houses in Mount Gravatt East is $1,378,947 while the median value for Units is $898,965.
- Houses have a median rent of $735 while Units have a median rent of $675.
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