28 Banksia Place, Mount Gravatt East, QLD 4122 sold on 01 July 2026 | OnTheHouse
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Sold on 01 Jul 2026 for $1,500,000

28 Banksia Place
Mount Gravatt East QLD 4122

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 1074m2
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Property Details for 28 Banksia Pl, Mount Gravatt East

28 Banksia Pl, Mount Gravatt East is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2001. The property has a land size of 1074m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 5 bedroom House sold in Mount Gravatt East in the last 12 months.

Building Type
House
Year Built
2001
Land Size
1074m2

Last Listing description (July 2026)

This home has sustained termite damage and is being offered as a renovator's project, presenting an excellent opportunity for builders, renovators or buyers looking to restore or reimagine the property.

The owners have clear, immediate plans and are ready to move on, meaning this premium piece of real estate will not be on the market for long. Opportunities of this scale in such a tightly held pocket are incredibly rare, and with the sellers eager to secure a result, buyers looking to capitalise on a premium location will need to prioritise this inspection.

Step inside and you'll immediately appreciate the sheer space and impressive ceiling heights on offer. Designed with practical dual-living potential, the ground floor features air-conditioned living, a well-appointed kitchen boasting a Westinghouse stainless steel oven, gas cooktop, Miele dishwasher, and floor-to-ceiling storage. This level hosts four nearby bedrooms with built-in robes, serviced by a family bathroom complete with a bathtub, shower, separate toilet, and vanity. The master bedroom serves as a true retreat, flowing seamlessly to the outdoor patio and blending with a spacious walk-in closet and ensuite featuring a corner spa bath and separate shower.

Ascend the hardwood stairs, topped by a striking ceiling void, to discover the second storey. This level opens up to a second air-conditioned living room, bordered by a fifth bedroom and a third bathroom-perfect for teenagers, extended family, or guest accommodation.

Surrounded by a peaceful, leafy neighborhood on a massive 1,074m² allotment, this property delivers a rare scale of land that is becoming increasingly hard to find. While the home requires some renovation flair, the foundations here are immense. The owners are ready to sign a contract, making timing absolutely critical for serious buyers.

Key Features:

• Massive 1,074m² elevated allotment capturing cool breezes and a commanding street presence
• Substantial rendered brick construction with 2.64m ceiling heights throughout
• Functional dual-living design featuring air-conditioned living areas both upstairs and downstairs
• Central kitchen with Westinghouse stainless steel oven, gas cooktop, Miele dishwasher, and floor-to-ceiling storage
• Grand master suite flowing to the patio, complete with a spacious walk-in robe and ensuite with a corner spa bath
• Four additional bedrooms with built-in robes, including a private fifth bedroom upstairs
• Three full bathrooms, including a main family bathroom downstairs with a bathtub and separate toilet
• Hardwood stairs topped by an impressive ceiling void leading to the second living zone
• Double lock-up garage with internal access and dedicated storage space
• Sweeping backyard with unlimited room for landscaped gardens, tiered decks, or an outdoor entertaining oasis
• Positioned in a quiet, tightly held cul-de-sac pocket

Location Highlights:

• Located within the highly sought-after Cavendish Road State High School catchment area
• Just minutes to Loreto College and other top-tier private and public schooling options
• Close to local parks, walking tracks, and local cafés
• Easy access to public transport links straight to the Brisbane CBD
• Short drive to both Westfield Carindale and Westfield Mt Gravatt (Garden City)

Come and experience the incredible scope and potential this fantastic property has to offer - the owners are highly motivated to secure a prompt result, and opportunities of this scale do not last long.

Disclaimer:
While we have made every effort to ensure the accuracy and truthfulness of the information provided in this advertisement, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements. Prospective buyers are advised to conduct their own inquiries to verify the information presented.

Property History for 28 Banksia Pl, Mount Gravatt East, QLD 4122

A timeline of how this property has performed in the market
Last Sold
$1,500,000
01 Jul 2026
  • 01 Jul 2026
    Sold for $1,500,000
  • 03 Jun 2026
    Listed for Sale Offers Over $1,500,000
  • 24 Apr 2020
    Listed for Sale For Sale
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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 5,507 properties. Over the last 5 years, Houses in Mount Gravatt East have seen a 68.77% increase in median value, while Units have seen a 96.94% increase. As at 31 July 2026:

  • The median value for Houses in Mount Gravatt East is $1,397,175 while the median value for Units is $889,307.
  • Houses have a median rent of $725 while Units have a median rent of $680.
There are currently 39 properties listed for sale, and 14 properties listed for rent in Mount gravatt east on OnTheHouse. According to Cotality's data, 218 properties were sold in the past 12 months in Mount gravatt east.

Suburb Insights for Mount Gravatt East 4122

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Tanaz Ayra
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Darren Bonehill
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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.