14/106 Norton Street Upper Mount Gravatt QLD 4122
14/106 Norton Street Upper Mount Gravatt QLD 4122
3 bed townhouse |139m² lot |$921k est value |$700pw rental|School catchment |Bushfire/flood overlays |Secure parking + pool. This three-bedroom townhouse on a 139sqm lot suits professionals or small families prioritising school access and low-maintenance living. Its compact footprint delivers practical courtyard space and an in-ground pool for everyday enjoyment,while the single secure garage addresses parking needs in a street of similar units. Positioned on a quiet road within walking distance to Upper Mount Gravatt State School, it aligns neatly with neighbouring townhouses that appeal to downsizers avoiding larger block upkeep. Buyers drawn to these setups often include young couples or investors eyeing steady rental yields around $700 weekly, given the reliable NBR and 5G coverage. Comparable properties on the street, like those with smaller 72sqm lots, hold values near $868k, suggesting this one’s larger land enhances its edge in a market favouring functional townhouses over houses. Bushfire and flood overlays introduce due diligence for risk-averse purchasers, yet proximity to MacGregor State High tempers that with lifestyle upsides. Long-term, the residential zoning and established complex support holding value, as demand persists for entry-level options in school zones without the premiums of detached homes. Overall, it occupies a solid mid-tier spot, balancing affordability with proven income potential in a selective buyer pool.
Detailed Independent Property Report prepared by PropCred Analyst team for 14/106 Norton Street Upper Mount Gravatt QLD 4122
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Insight: 14/106 Norton Street Upper Mount Gravatt QLD 4122
Upper Mount Gravatt is drawing buyers thanks to the Garden City retail and transport hub, the busway interchange, and close proximity to Griffith University and the Brisbane CBD, keeping demand for both units and family homes high. Strong competition for stock has kept prices firm, with houses roughly 5% higher and units near 23% higher over the past 12 months, sustaining similar momentum through the prior six months. Risks center on Logan Road apartment oversupply, yet steady rental gains near 45% and demand from students, professionals, and renters who prize transport access support selective growth opportunities.