42 Archer Street, Upper Mount GravattPrice Withheld
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42 Archer Street

Upper Mount Gravatt, QLD 4122, Australia
Price Withheld
3 bed 1 bath 1 car486 m²

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About this property

BLUE-CHIP UPPER MT GRAVATT Positioned in one of Brisbane's most tightly held and rapidly evolving pockets, 42 & 40 Archer Street, Upper Mount Gravatt present a rare chance to secure two adjoining properties offered together or separately with a clear upside for developers, land-bankers, and strategic buyers. Combined, the site offers 972m² of premium land in a high-demand growth corridor. Each block is 486m², sitting side by side to create a clean, highly usable parcel something that's becoming increasingly difficult to find in this area. Opportunities like this, where neighbouring properties align at the same time, are extremely rare. While both can be purchased individually, the real value is in securing the full site and taking control of the entire 972m². The existing homes include a 3-bedroom property at 40 Archer Street and a 3-bedroom home at 42 Archer Street. Both are very liveable and rentable as they are, providing the option to generate holding income while future plans are considered. The location is a major part of the appeal. You're just minutes from Westfield Mt Gravatt, close to The Village Upper Mount Gravatt, and within easy reach of the Brisbane CBD. Mount Gravatt Lookout is nearby, along with a range of well-regarded schools including Wishart State School, Upper Mount Gravatt State School, and Clairvaux MacKillop College. Market Square Sunnybank and its dining precinct are also close by, with convenient access to major roads and transport links. This is the kind of location that continues to see strong buyer and tenant demand, making it well suited to both development (STCA) and long-term holding. Most sites like this require time, negotiation, and the challenge of bringing multiple owners together. Here, that work has already been done. Two side-by-side blocks, aligned and ready, in a high-demand suburb offering a straightforward opportunity for those who recognise the upside. Buy one or secure both. Sellers are open to discussions, but opportunities like this don't come around often. Disclaimer: All information contained herewith, including but not limited to the general property description, price and the address, is provided to Ray White Springwood & Shailer Park by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.

Property Details

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

Repayment calculator

$6,302/month
$3,151 /fortnight
Loan $1,040,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$260,000
Stamp duty$55,275
Conveyancing (est.)$2,000
Total upfront$317,275
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 Upper Mount Gravatt

This 3-bedroom house in Upper Mount Gravatt, QLD 4122 sits within reach of public transport, local shops and nearby schools.

Schools near Upper Mount Gravatt

  • St Bernard's Schoolprimary · Prep-6 · CoEd
  • St John of Kronstadt Academyprimary · Prep-4 · CoEd
  • Upper Mount Gravatt State Schoolprimary · Prep-6 · CoEd
  • Clairvaux MacKillop Collegesecondary · 7-12 · CoEd

What's nearby

  • Dawson Rd at Gerty Street, stop 79 (bus)195 m away
  • Tesla Service Centre262 m away
  • Mount Gravatt Park356 m away
  • Shingai Park386 m away
  • Dennis Webb Park474 m away

Upper Mount Gravatt at a glance

Full suburb profile
Population
10,800
Median age
33
Household income
$1,657/wk
Median rent
$415/wk
Median mortgage
$1,954/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Upper Mount Gravatt price trend

Median sold · House 3 bed

Compound growth +9.3% / yr over 4 yrs

$1.22mcurrent median

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Full Upper Mount Gravatt market

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1 price change recorded for this property

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