42 Bentham Street, Mount Gravatt QLD 4122
42 Bentham Street, Mount Gravatt QLD 4122
Classic 3/1/2 on 607m² | 241m² internal | school catchment | lockable workshed | future potential
A rare mix of scale and simplicity is offered by this house: a 241 m² floorplan on a 607 m² block, giving generous indoor and outdoor space within a classic low-density Mount Gravatt setting. The single-level detached form, combined with a central bathroom and separate living area, is suited to families who value function over pretension. A position within the Mount Gravatt State School and High School catchments, and close to the university and major retail, strengthens demand from both owner-occupiers and long-term investors. Practical utility is added by the lockable workshed and carport. The property is best suited to buyers seeking an established family home with room to modernise or potentially redevelop later, rather than those wanting a finished designer product.
The property’s appeal may be tempered by its single bathroom and older presentation against renovated competitors, but a premium might be supported by its substantial land and flexible layout for redevelopment-minded buyers. Final value will likely be driven more by condition than raw potential, given the absence of confirmed contemporary finishes. When forming a view on price, the cost of updating should be weighed, along with the opportunity to add a second bathroom or reconfigure internal space, by which long-term value could be materially lifted if executed well.
Detailed Independent Property Report prepared by PropCred Analyst team for 42 Bentham Street, Mount Gravatt QLD 4122
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Mount Gravatt, a mid-sized Queensland suburb with a 20–39 average age, has a tight house market. Annual growth of 20.8–30.0% pushed house medians to $1.30–$1.42M; units remain subdued at $689K (1.32% growth). Strong owner-occupier demand is visible in 42–49 house sales, with 3-bedroom homes at $1.2625M and 4-bedroom at $1.7M, and 16–28 days on market. Rental yields are 3.03% for houses and 4.49% for units, with weekly rents of $675–$700 and $640 respectively. Future growth depends on limited rental supply (15 listings) and infrastructure-linked activity; the major constraint is affordability after sustained double-digit price gains.
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PropCred Estimated Value
Comparable Sales: 41 Bentham Street (3/2/2, 683m²) sold $1.28M; 46 Bentham Street (3/1/1) sold $1.19M | Property Price Band: $1.2M–$1.3M | Value Drivers: land size, internal area, school catchment
Bedrooms
3
Bathroom
1
Parking
2
Land
609m²
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