48 Carrara Street, Mount Gravatt East, QLD 4122 | Property Value & History | OnTheHouse
FOR SALE

48 Carrara Street
Mount Gravatt East QLD 4122

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 622m2
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Property Details for 48 Carrara St, Mount Gravatt East

48 Carrara St, Mount Gravatt East is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 622m2.This Property is currently listed for sale with Ray White Mt Gravatt

Building Type
House
Year Built
1980
Land Size
622m2
Local Government
Brisbane
Lot/Plan
413/RP116874

Last Listing description (August 2026)

DO NOT MISS THIS INCREDIBLE OPPORTUNITY TO SECURE A DA APPROVED SUBDIVISION READY BLOCK! WITH ALL THE HARD WORK IS ALREADY COMPLETE AND A SIGNIFICANT CHANGE IN CIRCUMSTANCES THIS PROPERTY MUST BE SOLD!

Auction via In-Room and Online - 02/09/2026 @ 6:00pm, if not sold prior
Auction Location - Ray White Mt Gravatt (1450 Logan Road, Mount Gravatt)

Registrations start from 5:30pm
(Phone & Online Registrations must be complete day of auction by 3:00pm)

Welcome to 48 Carrara Street, Mount Gravatt East, a superbly positioned residence set proudly on an elevated 622mallotment in the heart of one of the suburb's most sought-after pockets. Perfectly located, this home offers outstanding convenience, with Carrara St trendy local shops and restaurants, public transport, schools and major arterial roads all within easy reach, ensuring seamless connectivity to Brisbane CBD and surrounding lifestyle precincts.

Now vacant and ready for its next chapter, this well presented, very liveable low-set home presents an exceptional opportunity for families, first-home buyers and investors alike. Offering low maintenance holding income with a potential rental return of $700-$725/week. Designed with effortless living in mind, the expansive open-plan living and dining area creates a welcoming hub where family and friends can gather, while still offering the flexibility to tailor the space to your own lifestyle.

At the heart of the home, the well-appointed kitchen has been thoughtfully positioned to overlook the living areas, making entertaining a breeze. Boasting an abundance of bench space and excellent functionality, it is perfectly suited to busy family life and those who love to cook.

Soaring high ceilings enhance the sense of space throughout the home, while natural light floods the interiors to create a bright and inviting atmosphere. Complete with air conditioning, comfort is assured all year round.

Privately positioned away from the main living zones, three generously sized bedrooms provide excellent separation and peaceful accommodation. Each bedroom is conveniently serviced by a well-maintained central bathroom, thoughtfully designed to cater to the needs of the household.

Stepping outside, you'll discover a spacious covered patio that extends the living space outdoors. Whether you're entertaining guests, hosting weekend barbecues or simply relaxing in the sunshine with your morning coffee, this inviting outdoor area offers the perfect setting to enjoy Queensland's lifestyle.

Positioned on a generous 622m block in a blue-chip Mount Gravatt East location, this is an outstanding opportunity to secure a quality home with endless potential in a suburb renowned for its convenience, strong community feel and continued growth.

Key Features Include:
622m2 Block (DA APPROVED SUBDIVISION)
Walking Distance to Carrara Street Shops
Elevated Position
Three Bedrooms
Air Conditioned Living Space
Potential rental return $700-$725/week
Single Car Garage
180m Walk to Carrara Street Shops
1.7km^ to Mt Gravatt Plaza
2.4km^ to Mt Gravatt Outlook
2.9km^ Westfield Carindale
4.2km^ to Westfield Mt Gravatt
8.3km^ to Brisbane CBD
Seville Road State School Catchment
Cavendish Road State High School Catchment

*subject to reserve price
^direct line

PARKING FOR OUR IN-ROOM AUCTIONS:
Anytime Fitness carpark (entrance via Bothwell Street) provides 2-hour parking and pedestrian laneway shortcut up to Logan Road
Central Fair Shopping Centre (entrance via Creek Road, after the bus stop)
Side streets such as Bothwell Street, Selborne Street, Gowrie Street etc

This property is being sold by auction or without a price and therefore a price guide cannot be provided. This website may have filtered the property into a price bracket for website functionality purposes. Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.

Property History for 48 Carrara St, Mount Gravatt East, QLD 4122

A timeline of how this property has performed in the market
Last Sold
$918,000
31 Oct 2023
Listed for Rent
$625/w
23 Jan 2024
  • 05 Aug 2026
    Listed for Sale INVESTOR LIQUIDATES | DA APPROVED SUBDIVISION
  • 16 Mar 2026
    Listed for Sale Buyers in the $1.4m's
  • 11 Jan 2024
    Listed for Rent $625 / week
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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 5,512 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 34 properties listed for sale, and 16 properties listed for rent in Mount gravatt east on OnTheHouse. According to Cotality's data, 222 properties were sold in the past 12 months in Mount gravatt east.

Suburb Insights for Mount Gravatt East 4122

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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.