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12 McCarthy Street, Gracemere$490,000
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For Salehouse

12 McCarthy Street

Gracemere, QLD 4702, Australia
$490,000
3 bed 1 bath 4 car792 m²

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About this property

Renovator's Delight on a Generous Corner Block Packed with potential and positioned on a generously sized corner block, this three-bedroom, one-bathroom home presents an exciting opportunity for renovators, investors, and buyers eager to create something truly their own. Offering solid foundations and a practical layout, the home is ready for a fresh vision. Whether you're planning a cosmetic refresh, a full transformation, or simply looking to add value over time, the possibilities here are plentiful. Outside is where the opportunity continues. The large corner allotment provides flexibility rarely found at this price point, while the substantial two-bay shed offers ample space for vehicles, storage, hobbies, or your next project. With plenty of yard space remaining, there is room to further enhance the property and maximise its potential. Properties that combine renovation upside, usable land, and excellent functionality are becoming increasingly difficult to find. For those with an eye for opportunity, this could be the project you've been waiting for. Enquire today and unlock the potential for yourself. Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspections or otherwise.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
4
Land Area
792 m²
Listed
3 months ago

Repayment calculator

$2,375/month
$1,188 /fortnight
Loan $392,000 at 6.10% over 30 years

Upfront costs

Deposit$98,000
Stamp duty$15,575
Conveyancing (est.)$2,000
Total upfront$115,575
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Gracemere

This 3-bedroom house in Gracemere, QLD 4702 sits within reach of public transport, local shops and nearby schools. It is listed 29% below the $691,000 median of 66 comparable houseswithin 5 km.

Schools near Gracemere

  • Gracemere State Schoolprimary · Prep-6 · CoEd
  • St Paul's Catholic Primary Schoolprimary · Prep-6 · CoEd
  • Waraburra State Schoolprimary · Prep-6 · CoEd

What's nearby

  • Unnamed (bus)1.2 km away
  • Gracemere's Hidden Treasure1.2 km away
  • Christy Seierup Park330 m away
  • Bland Street Park346 m away
  • Memorial Park648 m away

Gracemere at a glance

Full suburb profile
Population
12,023
Median age
32
Household income
$1,711/wk
Median rent
$340/wk
Median mortgage
$1,517/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Gracemere price trend

Median sold · House 3 bed

Compound growth +18.8% / yr over 4 yrs

$595kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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Within 5km

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