53 Broadwater Road, Mount Gravatt East, QLD 4122 | Property Value & History | OnTheHouse
OFF MARKET

53 Broadwater Road
Mount Gravatt East QLD 4122

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 267m2
Land area: 607m2
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Property Details for 53 Broadwater Rd, Mount Gravatt East

53 Broadwater Rd, Mount Gravatt East is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2020. The property has a land size of 607m2 and floor size of 267m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
House
Year Built
2020
Floor Size
267m2
Land Size
607m2
Local Government
Brisbane
Lot/Plan
11/RP71858

Last Listing description (July 2019)

THIS SOLID 3 BED + STUDY HOME on a flat 607m2 block, offers lifestyle and location plus an opportunity to own a property around the city fringe. This is your rare opportunity for the investors alike with lot of value add potential.
It has a large flat block with potential to build a granny flat (subject to council approval) behind the existing dwelling. A similar dwelling has been built next door on 51 Broadwater as well. The granny flats prices start from $80k from several builders. Ask us and we can suggest a few options to you. Prelim search indicates that there is no sewer and stormwater infrastructure running thru the property and it is conveniently located at the front of the property. This allows for easy approvals renovation and building.
The spot is perfect to add extra value as there is open land behind with no neighbours. Mt Gravatt Showgrounds, right behind, offers a green and peaceful outlook. A secondary dwelling added here subject to council approval will offer good lifestyle for its residents. Buses are literally right at your door step and Logan road is so close too.

Once built, the home owner can get extra income from rent or use it as a home office, parent/teenager retreat, and man-cave. There are plenty of opportunities. The investors can enjoy multiple income from 2 properties on the same block. The value of land in this area has always seen positive growth.
There is also plenty on offer in this solid, north facing, lowset home. It features:
- 3 bedrooms plus 1 study/additional single bedroom,
- Near new bathroom & separate Toilet,
- Large air-conditioned lounge room and a good sized eat in kitchen,
- Internal Laundry and Single lock up garage and plenty of driveway space to accommodate a few more cars,
- Large fully fenced yard perfect for the kids and the pets.
- Water tank and new roof.
The home also offers wonderful scope and potential to renovate to add huge value in the future.
It is currently tenanted with good tenants for $350/wk on a periodic lease.
Located on Broadwater Rd, close to Mt Gravatt Plaza, perfectly positioned for the CBD commuter (Buses 170 & 184) and situated just moments to an assortment of prominent schools, golf range, local shops and Westfield Garden City. On a Sunday take a short stroll to the Mt Gravatt farmers markets to get your fresh produce. It doesn't get better than this!
Mt Gravatt East is in high demand right now. This simply has to be one of the best affordable positions south of the CBD.
Don t miss this opportunity to secure this gem of a property.
Disclaimer - All information and suggested development options contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries. All listed development options above require the buyer's own due diligence and are subject to satisfaction of the subdivision code & subject to council approval.

Property History for 53 Broadwater Rd, Mount Gravatt East, QLD 4122

A timeline of how this property has performed in the market
Last Sold
$530,000
19 Jun 2019
Listed for Rent
$350/w
26 Jun 2018
  • 19 Jun 2019
    Sold for $530,000
  • 18 Apr 2019
    Listed for Sale Not Disclosed
  • 02 May 2018
    Listed for Rent $385 / 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 5,511 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 17 properties listed for rent in Mount gravatt east on OnTheHouse. According to Cotality's data, 224 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.