Back 42 Grayson St
Off Market

42 Grayson St

Morningside QLD 4170

3
1
1
House
Qianru ZhuQianru Zhu, last sold this property on 15 July 2026 after 76 days on market.

Overview

Family Home on 622m2 in Prime Morningside Location

Positioned on a notably elevated 622m2 allotment in one of Morningside established inner-east pockets, this property enjoys a commanding position well above many surrounding streets, capturing breezes and a strong sense of openness rarely found in the area. Set within LMR2 zoning, the property presents exceptional flexibility for investors, land-bank buyers, renovators, or those exploring future redevelopment potential (STCA). The existing three-bedroom home is currently tenanted at $600 per week until November 2026, providing immediate holding income while future plans are considered. Located approximately 650 metres from Morningside Train Station, the property offers quick access to the Brisbane CBD, with cafes, shopping, schools, and lifestyle amenities all nearby. Key Features: Elevated 622m2 allotment Positioned noticeably higher than surrounding streets LMR2 zoning Existing three-bedroom home Tenanted at $600 per week until November 2026 Excellent holding income Strong future upside potential (STCA) Approximately 15 minutes to Brisbane CBD by train Morningside continues to experience strong long-term demand due to its accessibility, lifestyle appeal, and ongoing transformation within Brisbane inner east. ID:21173267

Features

3 bedrooms
1 bathroom
1 carspace
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Morningside over the last 12 months, the estimated median property value of 42 Grayson St is $1.38m.

Median value
$1.38m
Estimated value range
$950k - $1.74m
Median days on market
30
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Morningside. 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 42 Grayson St

2026
Sold
Undisclosed
Private Sale/Treaty on 15 Jul 2026 by Qianru Zhu
2025
Rented
Undisclosed
Leased on 26 Nov 2025 by Raine & Horne Onsite Sales
2018
Rented
Undisclosed
Leased on 09 Jan 2018 by Maryanne Birch Real Estate

Happy sellers in Morningside

82%
82% of sellers in Morningside reported that their sale price either exceeded or met their price expectations.

Morningside stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 83 reviews in Morningside over the last 12 months.

Local market activity for 3 bedroom houses in Morningside

In the last 12 months, 47 three-bedroom houses similar to 42 Grayson St, have been sold.

This represents a 16% increase in three-bedroom houses 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 Morningside

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent