10/19 Springwood Street Mount Gravatt East QLD 4122

10/19 Springwood Street Mount Gravatt East QLD 4122
3 bed townhouse |67mΒ² lot |Est $970k-$1.13m |Sold $659k in 2022 | School zone appeal |Low maint living| This three-bedroom townhouse on a 67mΒ² lot suits downsizers or young professionals seeking low-maintenance living near quality schools. Its compact footprint delivers practical space for everyday needs, with two bathrooms and secure double parking minimising upkeep demands. Positioned in a established complex on Springwood Street, it blends seamlessly among similar townhouses that have seen steady value growth. Comparable units in the same development, like 8/19 and 5/19, hold estimates around $960k-$1m, underscoring this property’s alignment with local strata trends. Buyers drawn here often prioritise walkable access to Mount Gravatt State School and High School catchments, just 0.5-0.6km away, over larger land holdings. The 2022 purchase at $659k reflects strong appreciation potential, with recent estimates pushing toward $1m amid balanced market days on market around 47. A bushfire overlay adds minor caution for insurers, yet 5G coverage and air conditioning enhance modern usability. Long-term, its tri-level design and street’s consistent sales history suggest reliable holding value for owner-occupiers or investors eyeing $795pw rental yields.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Mount Gravatt East demand is driven by families chasing established schools, parks and retail upgrades plus reliable bus access, keeping transactions solid while units sell faster than houses and rents are trending higher, showing where buyers are concentrating.) Buyers value the lifestyle mix and infill renovation opportunities even though headline rental yields trail the Brisbane average and no major new infrastructure has been announced, so growth leans on upgrading existing stock amid tight nearby supply.) Prices remain on a gentle uptrack with the most recent quarter showing roughly 3% house growth and 5% for units, so the past six months keep an upward drift but the market stays sensitive to rate pressure or supply shifts.)
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

165mΒ²

Assessments Delivered Today

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