3/40 Raffles StreetMount Gravatt East QLD 4122
Property Details for 3/40 Raffles St, Mount Gravatt East
3/40 Raffles St, Mount Gravatt East is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom Unit sold in Mount Gravatt East in the last 12 months.
Last Listing description (July 2025)
Positioned in an elevated and ultra-convenient location, this renovated two-bedroom unit is the perfect blend of low-maintenance living, value, and lifestyle. Whether you're a first-home buyer, savvy investor, or downsizer, this well-presented home offers an unbeatable opportunity in a small, quiet complex of just four units.
Step inside to discover a spacious open-plan lounge and dining area, complemented by a modern kitchen with ample bench and cupboard space, a freestanding gas stove, range hood, and a pleasant leafy outlook.
Both bedrooms are generously sized and feature built-in storage, with a functional bathroom. Downstairs, you'll find a secure lock-up garage with a laundry facility and additional off-street parking available.
Set within walking distance to Mount Gravatt Plaza, Central Fair, local cafes, supermarkets, public transport, and more, the location couldn't be better. You're just minutes from both Westfield Carindale and Garden City, with direct bus routes to the city, universities, hospitals, and schools. At just 7km to the Brisbane CBD, this is a central and highly sought-after pocket of 4122.
Property Features:
- Solid brick construction in a small complex of 4
- Two large bedrooms with built-in robes
- Open-plan living and dining
- Renovated kitchen with gas stove, range hood, and ample storage
- Large lock-up garage with laundry
- Security screens on doors and windows
- Low body corporate fees (approx. $1,100 per quarter)
- Currently tenanted at $460.00 per week till January 2026
With affordable body corporate fees and strong rental potential, this is a fantastic opportunity to secure a quality property in a thriving, central location.
Property History for 3/40 Raffles St, Mount Gravatt East, QLD 4122
- 26 Jul 2025Sold for $593,000
- 30 Jun 2025Listed for Sale Offers Over $570,000
- 13 Jan 2025Listed for Rent $460 / week
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 5,496 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.
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