70 Archer Street, Upper Mount Gravatt QLD 4122
70 Archer Street, Upper Mount Gravatt QLD 4122
Detached 486m² house | 4-car garage | Land-oriented in unit-heavy pocket | Near schools and Westfield
This house offers a 486m² block with four-car accommodation, a rare configuration in the Archer Street pocket where apartment and townhouse product dominates. That gives it a distinct land-oriented position, practical for families with multiple vehicles, tradespeople, or those planning a shed or extension. Its closeness to Westfield Garden City, bus links, and a cluster of schools widens its buyer pool beyond just house hunters. It serves best as a long-term family property or a land-holding play, given the medium-density zoning context nearby. The four-car garage alone sets it apart from most in the immediate neighbourhood.
The property’s value may be shaped by its redevelopment potential under medium-density zoning, which could attract land-banking interest. The absence of confirmed internal finish details might mean the price reflects land and structure more than finish quality. Streetscape stability could change if neighbouring sites redevelop, so value might hinge on how buyers weigh future density against current liveability. Rental demand in the area shows moderate vacancies, but the house’s configuration may hold its appeal better than units. Condition, orientation, and any easements could adjust the final price either way.
Detailed Independent Property Report prepared by PropCred Analyst team for 70 Archer Street, Upper Mount Gravatt QLD 4122
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
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Market Insight
Upper Mount Gravatt is a mid-ring Brisbane suburb defined by its young professional demographic, with the 20–29 age band dominant and most residents working as professionals. Demand is driven by the suburb’s strategic location and ongoing infrastructure and amenity investment, which attracts both renters and investors. Over the past year, house values rose 5.4% to a median near $1.34 million, while units outperformed with 20.2% growth to $800,000. Market conditions are brisk: houses average 23 days on market and units 22, with 32 house and 56 unit sales in the latest quarter. Rental demand is firm, with house rents up 5.8% to $680 per week and unit rents up 3.8% to $675. Future growth is supported by faster selling times than nearby suburbs and continued local development. The key constraint is affordability: the median dwelling price is $1.069 million, and one data source puts house selling time at 87 days, well above the state average, signalling price sensitivity at the top end.
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PropCred Estimated Value
Comparable Sales: 28 Archer Street (5 bed, 486m²) sold at $1.25M | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, four-car garage, redevelopment upside
Bedrooms
4
Bathroom
2
Parking
4
Land
486m²
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