Mount Gravatt is the name of both a suburb of Brisbane, Queensland, Australia and a prominent hill in this suburb. It is 10 km from Brisbane CBD. The suburb is situated in the south-east of the city and was one of Brisbane’s largest.
The Mount Gravatt district comprises three suburbs adjoining Logan Road, extending from Nursery Road (the boundary with Holland Park) southwards to the western branch of the Bulimba Creek (the boundary with Eight Mile Plains). ‘Mount Gravatt’ is a rise (195m) to the west of Logan Road in a reserve that was set aside in 1893.
The area has many schools with the Mount Gravatt East State School , Mount Gravatt state High School, St Agnes Catholic Primary School and the Mount Gravatt Library.
Griffith University is nearby.
The median house price in Mount Gravatt last year was $648,500. If you are looking for an investment property, consider houses in Mount Gravatt rent out for $400 PW with an annual rental yield of 3.2% and units rent for $400 PW with a rental yield of 5.3%. Based on five years of sales, Mount Gravatt has seen a compound growth rate of 3.2% for houses and 1.0% for units.