12 Gracemere Street, Newmarket, QLD 4051 | Property Value & History | OnTheHouse
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12 Gracemere Street
Newmarket QLD 4051

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 176m2
Land area: 607m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Medium Confidence
Last updated 26 May 2025
Low

High
$1.80M
$2.00M
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Property Details for 12 Gracemere St, Newmarket

12 Gracemere St, Newmarket is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 607m2 and floor size of 176m2. While the property is not currently for sale or for rent, it was last sold in January 2012.

Building Type
House
Year Built
1930
Floor Size
176m2
Land Size
607m2
Local Government
Brisbane
Lot/Plan
1/RP84001

Last Listing description (March 2012)

Contract Crashed! Result is paramount!
Owner occupiers, savvy investor or first home buyers looking for a project, this is it! On offer are two separate residences with their own separate entries in one Queenslander. Priced to sell and returning $620/wk rent all told.
Upstairs, you will find the original house boasting classic features such as VJs, high ceilings, timber fretwork and polished timber floors, adding warmth and charm. Featuring 3 bedrooms, sun room, 1 bathroom, original kitchen and 2 decks overlooking own fenced private backyard. Renting at $360/week on a periodic lease.

Below is a fully self-contained unit featuring 2 bedrooms, 1 bathroom, huge lounge, separate laundry, renovated kitchen and another private fenced backyard. Renting at $260/week.
Options abound! Rent both. Rent one and live in the other. Live in both - simply enjoy the separate living arrangements this home offers. The self-contained unit provides the ideal teenage retreat or elderly parent abode.
Brilliantly positioned a 5 min walk from the train station and a 15 min ride to the City, the home offers great convenience.
Calling all astute buyers! Here's not one chance but two - dual living, dual income calling!
Features:
Upstairs - Original Queenslander, separate entry
Classic features: fretwork, VJs, polished timber floors & high ceilings
3 bedrooms, carpeted, 2 with built-ins and the main is air conditioned
Lounge spills out onto 1 deck overlooking backyard
Separate dining off the kitchen
Original kitchen with opportunity to add value; gas cooking
Second deck off the kitchen with stairs to backyard
Sun room , possible study/office
Rents: $360/wk
Downstairs - 2 bedroom self contained unit, separate entry
High ceilings and tiled for easy care
Renovated kitchen
Generous lounge, opening onto private fenced backyard
2 bedrooms, with the main a large size and featuring built-ins
Bathroom features shower
Separate laundry room outside unit, with room for storage
Security-screened throughout
Rents: $260/wk
Quiet street, No Demolition Control Precinct
5 minute walk to train & bus and Wilston State School
20 metre frontage, 607n2 block
Brisbane City Council rates: $599.13 per quarter
Last quarterly water charge: $184.11
Year built: Pre-war
Sustainability Declaration available from agent.

Property History for 12 Gracemere St, Newmarket, QLD 4051

A timeline of how this property has performed in the market
Last Sold
$542,500
21 Jan 2012
Listed for Rent
$360/w
05 Feb 2011
  • 21 Jan 2012
    Sold for $542,500
  • 24 Sep 2011
    Listed for Sale Not Disclosed
  • 14 Jan 2011
    Listed for Rent - Price not available
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About Newmarket 4051

The size of Newmarket is approximately 1.7 square kilometres. It has 10 parks covering nearly 9.3% of total area. The population of Newmarket in 2011 was 4,444 people. By 2016 the population was 4,986 showing a population growth of 12.2% in the area during that time. The predominant age group in Newmarket is 20-29 years. Households in Newmarket are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newmarket work in a professional occupation. In 2011, 51.2% of the homes in Newmarket were owner-occupied compared with 46.8% in 2016.

Newmarket has 2,498 properties. Over the last 5 years, Houses in Newmarket have seen a 59.78% increase in median value, while Units have seen a 78.26% increase. As at 30 April 2025:

  • The median value for Houses in Newmarket is $1,516,870 while the median value for Units is $752,329.
  • Houses have a median rent of $650 while Units have a median rent of $535.
There are currently 8 properties listed for sale, and 7 properties listed for rent in Newmarket on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in Newmarket.

What's around 12 Gracemere St, Newmarket

12 Gracemere St, Newmarket is in the school catchment zone for Wilston State School.

Nearby Schools
Comparable Properties
Newmarket State School
0.52km
Newmarket 4051
PrimaryGovernmentP - 6Combined263 Enrolled
Wilston State School
0.67km
Grange 4051
IN CATCHMENTPrimaryGovernmentP - 6Combined858 Enrolled
St Columba's Primary School
0.91km
Wilston 4051
PrimaryNon-GovernmentP - 6Combined608 Enrolled
St Ambrose's Primary School
1.25km
Newmarket 4051
PrimaryNon-GovernmentP - 6Combined273 Enrolled
Enoggera State School
1.94km
Enoggera 4051
PrimaryGovernmentP - 6Combined290 Enrolled
Stafford State School
2.08km
Stafford 4053
PrimaryGovernmentP - 6Combined271 Enrolled
Windsor State School
2.17km
Windsor 4030
PrimaryGovernmentP - 6Combined689 Enrolled
Our Lady of the Assumption School
2.18km
Address not found
PrimaryNon-GovernmentP - 6Combined405 Enrolled
Oakleigh State School
2.26km
Ashgrove 4060
PrimaryGovernmentP - 6Combined498 Enrolled
Arethusa College - Windsor Campus
2.31km
Address not found
SpecialNon-GovernmentCombined Enrolled

Suburb Insights for Newmarket 4051

Market Insights
Newmarket Trends for Houses
Median Value

$1.52M

2.16%
View Trend
Median Growth

4.08%

View Trend
Median Rent

$650/W

1.52%
View Trend
Rental Yield

2.69%

6.27%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (06/24 - 04/25)
Newmarket Trends for Units
Median Value

$752k

12.56%
View Trend
Median Growth

14.42%

View Trend
Median Rent

$535/W

1.42%
View Trend
Rental Yield

4.15%

11.13%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (06/24 - 04/25)
Neighbourhood Insights
Age

Population 4,986

0-9

 

10%

10-19

 

12%

20-29

 

25%

30-39

 

16%

40-49

 

13%

50-59

 

11%

60-69

 

6%

70-79

 

4%

80-89

 

2%

90-99

 

1%

Household Structure
Occupancy
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all liability for any loss or damage arising in connection with the data and information contained in this publication.
Queensland data
Based on or contains data provided by the State of Queensland (Department of Resources) 2025. In consideration of the State permitting use of this data you acknowledge and agree that the State gives no warranty in relation to the data (including accuracy, reliability, completeness, currency or suitability) and accepts no liability (including without limitation, liability in negligence) for any loss, damage or costs (including consequential damage) relating to any use of the data. Data must not be used for direct marketing or be used in breach of the privacy laws; more information at www.propertydatacodeofconduct.com.au
Valuations and Estimates
This estimate is provided by CoreLogic, and is based on statistical market data such as recent local sales, property size, number of bedrooms and many more factors. It comes from public data, which may be incomplete or inaccurate, and should not be used in lieu of a professional appraisal under any circumstances, including for lending purposes or in home loan applications.
School data and Content
Product Data licenced by CoreLogic under a Creative Commons Attribution licence. For details regarding licence, data source, copyright and disclaimers, see https://www.corelogic.com.au/legals/third-party-restrictions
ABS data
This publication contains data and statistics provided by the Australian Bureau of Statistics, available at http://www.abs.gov.au/ and reproduced under Creative Commons Attribution 2.5 http://creativecommons.org/licenses/by/2.5/au/legalcode
Liveability information
The Liveability Score is a rating (out of 10) provided by Propella.ai Pty Ltd as a guide about how "well-connected" properties are in certain local areas. The Liveability Score is based on statistical data about a local area in which a property is located including the distance to and number of available facilities and services (including schools, parklands, health services, shopping and public transport) (Liveability Data). The Liveability Data and Liveability Score has not been verified or confirmed by CoreLogic, is not available for all properties, and is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Given the relative nature of the Liveability Score, propella.ai anticipate that scores for individual properties will change over time.