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Back 3/40 Raffles St
Off Market

3/40 Raffles St

Mount Gravatt East QLD 4122

2
1
1
Unit
Last sold for $593,000
Piers CrawfordPiers Crawford, last sold this property on 30 July 2025 after 30 days on market.

Overview

ANOTHER SOLD BY THE PIERS CRAWFORD TEAM!

Positioned in an elevated and ultra-convenient location, this renovated two-bedroom unit is the perfect blend of low-maintenance living, value, and lifestyle. Whether you're a first-home buyer, savvy investor, or downsizer, this well-presented home offers an unbeatable opportunity in a small, quiet complex of just four units. Step inside to discover a spacious open-plan lounge and dining area, complemented by a modern kitchen with ample bench and cupboard space, a freestanding gas stove, range hood, and a pleasant leafy outlook. Both bedrooms are generously sized and feature built-in storage, with a functional bathroom. Downstairs, you'll find a secure lock-up garage with a laundry facility and additional off-street parking available. Set within walking distance to Mount Gravatt Plaza, Central Fair, local cafes, supermarkets, public transport, and more, the location couldn't be better. You're just minutes from both Westfield Carindale and Garden City, with direct bus routes to the city, universities, hospitals, and schools. At just 7km to the Brisbane CBD, this is a central and highly sought-after pocket of 4122. Property Features: - Solid brick construction in a small complex of 4 - Two large bedrooms with built-in robes - Open-plan living and dining - Renovated kitchen with gas stove, range hood, and ample storage - Large lock-up garage with laundry - Security screens on doors and windows - Low body corporate fees (approx. $1,100 per quarter) - Currently tenanted at $460.00 per week till January 2026 With affordable body corporate fees and strong rental potential, this is a fantastic opportunity to secure a quality property in a thriving, central location.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Mount Gravatt East over the last 12 months, the estimated median property value of 3/40 Raffles St is $655k.

Median value
$655k
Estimated value range
$580k - $880k
Median days on market
19
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mount Gravatt East. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3/40 Raffles St

2025
Sold
$593,000
Private Sale/Treaty on 30 Jul 2025 by Piers Crawford, of Ray White Holland Park
2025
Rented
Undisclosed
Leased on 19 Jan 2025 by Ray White Holland Park
2021
Sold
$301,000
11 Oct 2021 by Damian Cochrane, of Ray White Holland Park

Happy sellers in Mount Gravatt East

95%
95% of sellers in Mount Gravatt East reported that their sale price either exceeded or met their price expectations.

Mount Gravatt East stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 29 reviews in Mount Gravatt East over the last 12 months.

Local market activity for 2 bedroom units in Mount Gravatt East

In the last 12 months, 9 two-bedroom units similar to 3/40 Raffles St, have been sold.

This represents a 53% increase in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mount Gravatt East

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Zoe Hinton

Sellers who recommend Zoe Hinton have praised them for being local expert, clear communication, well-prepared, responsive, friendly, stress-free process and honest

  •   4.9   (48 reviews)
  •  3 Reviews in Mount Gravatt East
  •  2 Sales in Mount Gravatt East
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Dayne Evans

Dayne Evans is a recommended agent for Mount Gravatt East.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   4.8   (113 reviews)
  •  2 Reviews in Mount Gravatt East
  •  3 Sales in Mount Gravatt East
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Andrew Oostenbrink

Sellers who recommend Andrew Oostenbrink have praised them for being clear communication, local expert, great negotiation, responsive, honest, supportive and reliable

  •   4.9   (401 reviews)
  •  2 Reviews in Mount Gravatt East
  •  2 Sales in Mount Gravatt East
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Jag Singh

Jag Singh is a recommended agent for Mount Gravatt East.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   5   (19 reviews)
  •  2 Reviews in Mount Gravatt East
  •  2 Sales in Mount Gravatt East
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