2/40 Raffles Street, Mount Gravatt East, QLD 4122 | Property Value & History | OnTheHouse
OFF MARKET

2/40 Raffles Street
Mount Gravatt East QLD 4122

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 101m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 6 Jul 2026
Low

High
Save

Property Details for 2/40 Raffles St, Mount Gravatt East

2/40 Raffles St, Mount Gravatt East is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 101m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in May 2025.

Building Type
Unit
Year Built
1975
Floor Size
66m2
Land Size
101m2
Local Government
Brisbane
Lot/Plan
2/BUP11710

Last Listing description (July 2026)

Positioned in a quiet complex of just four residences, this well-presented two-bedroom unit offers comfortable, low-maintenance living in a highly convenient location. Featuring a spacious open-plan layout, a functional kitchen, generous bedrooms and a private balcony, this home is ideal for those seeking an easy-care lifestyle with everyday amenities just moments away. Enjoy the convenience of being within walking distance to local shops, cafs and public transport, while still enjoying the peace and privacy of this elevated position.

Property Features:
Two generously sized bedrooms

Spacious open-plan living and dining area
Functional kitchen with ample cupboard space, freestanding gas cooktop
Private balcony with an elevated outlook
Air-conditioned living area for year-round comfort
Well-appointed bathroom with separate toilet
Single lock-up garage with laundry facilities and additional storage space
Small, quiet complex of only four residences
Low-maintenance lifestyle in a convenient location

Location Highlights:
Ideally situated in the heart of Mount Gravatt East, this home places you within easy reach of local cafs, shopping precincts, public transport and parklands. Westfield Carindale and Westfield Mt Gravatt are both just a short drive away, while nearby schools, Griffith University, the Pacific Motorway and Brisbane CBD provide exceptional convenience for commuters, students and professionals alike. With everything you need close to home, this location offers an outstanding balance of lifestyle and accessibility.

To stay up to date with new Open Home times or changes at the property, please register your interest by clicking "request an inspection". For additional information, please contact the team on the details provided.

DISCLAIMER: Every effort has been made to ensure the accuracy of the information provided in this marketing material; however Harcourts Property Centre accepts no responsibility for any errors, omissions or inaccuracies. Prospective tenants are encouraged to conduct their own independent enquiries to verify the details contained herein.

Property History for 2/40 Raffles St, Mount Gravatt East, QLD 4122

A timeline of how this property has performed in the market
Last Sold
$580,000
14 May 2025
Listed for Rent
$630/w
01 Jul 2026
  • 01 Jul 2026
    Listed for Rent $630 / week
  • 30 Jun 2025
    Listed for Rent $600 / week
  • 14 May 2025
    Sold for $580,000
Sign in to see more transactions
Commute Calculator

About 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 5,487 properties. Over the last 5 years, Houses in Mount Gravatt East have seen a 80.39% increase in median value, while Units have seen a 107.33% increase. As at 30 June 2026:

  • The median value for Houses in Mount Gravatt East is $1,450,802 while the median value for Units is $906,046.
  • Houses have a median rent of $750 while Units have a median rent of $675.
There are currently 25 properties listed for sale, and 6 properties listed for rent in Mount gravatt east on OnTheHouse. According to Cotality's data, 228 properties were sold in the past 12 months in Mount gravatt east.

Suburb Insights for Mount Gravatt East 4122

Market Insights
Mount Gravatt East Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mount Gravatt East Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.