11/29 Raffles Street, Mount Gravatt East QLD 4122

11/29 Raffles Street, Mount Gravatt East QLD 4122
Modern apartment | quiet complex | extra-large balcony | built 2017 This unit offers a rare configuration advantage in Mount Gravatt East: a full second toilet alongside the main bathroom, which lifts its practical appeal for sharers or small families. The 2017 build and extra-large balcony give it a newer-stock edge in a suburb where most apartments are older and smaller. It suits first-time buyers wanting low-maintenance living or investors targeting tenants who value modern finishes and dual toilet convenience over raw square metres. The bushfire overlay is a real but manageable risk—it may affect insurance premiums and lender appetite for high-LVR loans. The recent July 2025 sale at $595k sets a clear floor, and the estimated $610k–$720k range suggests upside if auction competition emerges. Rental yield at mid $635 per week supports a hold strategy for investors. Buyers should treat this as a well-located, well-configured unit for steady capital growth and reliable rental demand, not a flip.
Detailed Independent Property Report prepared  by PropCred Analyst team for 11/29 Raffles Street, Mount Gravatt East QLD 4122
Checks found:
Value Risk ! 1
Liquidity Risk ✕ 2
Planning Risk ✓
Income Risk ✕ 2
Execution Risk ✓
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Market Insight

Mount Gravatt East is a high-performing, professionally-dominated suburb within Brisbane’s strong south-eastern corridor. Demand is driven by owner-occupiers and investors attracted to its established family appeal and access to quality amenities, reflected in rapid sales and constrained supply. The market exhibits robust growth momentum, with houses and units showing significant annual appreciation. Future performance is underpinned by sustained regional migration and limited stock, though this very supply constraint and broader affordability pressures present key sensitivities to economic conditions.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

70m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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