Back 8 John Street
Off Market

8 John Street

Gracemere QLD 4702

3
1
1
120 m²
2127 m²
House
Last sold for $558,500
Todd BrandonTodd Brandon, last sold this property on 16 October 2025 after 17 days on market.

Overview

Fix It Up, Invest or Develop

For sale by Openn Negotiation (flexible conditions online auction). Set on a generous 2,127 sqm block, this Gracemere property presents an outstanding opportunity for developers, investors or renovators. Its size, location and proximity to local parklands and amenities combine to create a site with excellent potential for future capital growth or an exciting redevelopment project. The existing home is a three-bedroom, one-bathroom residence with classic features. A wraparound verandah provides character and charm, while timber floors, ceiling fans and built-in robes add everyday convenience. The home also includes an internal laundry, a spacious living area and a walk-in pantry. It is currently vacant and move-in ready. Outdoors, the fenced yard offers space for families or pets, while the property's size opens doors for subdivision or further development. Investors will recognise the value in either renovating the current home, leasing it out, or optimising the land by adding a duplex or collection of townhouses. With its blend of modern and older homes, strong rental demand and steady growth, Gracemere is among the top markets listed in Smart Property Investment's 2026 FAST 50 report. Over the past 12 months, the district's dwelling values rose by 27.40 per cent, and they are forecast to grow further, so savvy investors and developers will recognise the potential of this rare chance to buy an oversized block in the suburb. Features: - 2,127sqm block in central Gracemere - Three bedrooms, one bathroom - Wraparound verandah - Timber floors and ceiling fans throughout - Generous walk-in pantry - Built-in robes and internal laundry - Fenced property with spacious backyard - Close to local parklands and amenities - Vacant, move-in ready home - Fantastic development opportunity

Features

3 bedrooms
1 bathroom
1 carspace
1 open car space
120 m² floor area
2127 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Gracemere over the last 12 months, the estimated median property value of 8 John Street is $587.5k.

Median value
$587.5k
Estimated value range
$400k - $880k
Median days on market
28
Estimated value trend
21%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Gracemere. 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 8 John Street

2025
Sold
$558,500
16 Oct 2025 by Todd Brandon, of The Agency CQ

Happy sellers in Gracemere

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

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

This is based on voluntary sentiment collected from 25 reviews in Gracemere over the last 12 months.

Local market activity for 3 bedroom houses in Gracemere

In the last 12 months, 52 three-bedroom houses similar to 8 John Street, have been sold.

This represents a 45% increase in three-bedroom houses sales when compared to the previous 12 months.

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