Leichhardt at a glance
4,791
People
$766,000
Median sale
$503/wk
Median rent
3.41%
Suburb gross yield
Median sale from 57 recorded sales (last 12 months) — a Districts calculation.
QLD › Leichhardt › Southland St
$825,000
Last sold
2 Dec 2024
5
Bedrooms
3
Bathrooms
2
Car spaces
469 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$825,000
2 Dec 2024 · derived via latest_sale
Local land rate: recorded Semi-detached sales in Leichhardt (last 5 years) with land size have a median of $1,288/m² of land (n=8). Districts calculation from recorded sales — not a valuation.
Leichhardt at a glance
4,791
People
$766,000
Median sale
$503/wk
Median rent
3.41%
Suburb gross yield
Median sale from 57 recorded sales (last 12 months) — a Districts calculation.
Vs Leichhardt
+7.7%
Median sale
Suburb $766,000
-0.24 pp
Gross yield
Suburb 3.41%
Suburb median $766,000 from 57 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $503/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Leichhardt at a glance
4,791
People
$766,000
Median sale
$503/wk
Median rent
3.41%
Suburb gross yield
Median sale from 57 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RealWay Property Consultants IpswichPresenting a 5 bed dual key property offering flexibility and great rental potential. Perfect for investors or extended families, this property features two separate units under one roof, each with its own private entry, ensuring independence and privacy. Having sold quite a number of dual key properties this year I would say the quality of this property is second to none.
Located within walking distance to the local golf course where you can enjoy a round of golf or a refreshing ale and meal with friends, it offers unmatched convenience. The dual key setup provides multiple options: live in one unit while renting the other, or maximize income by renting both. The easy-care outdoor spaces and prime location close to schools, shops, and transport make this an appealing choice.
Unit 1 Features:
3 spacious bedrooms with built-in robes and ceiling fans in all rooms, 2 bedrooms upstairs and main bedroom downstairs.
2 well-appointed bathrooms, including an ensuite to the master, both with stone benchtops
Air-conditioned open-plan living, dining, and kitchen area
Modern kitchen with stone benchtops, ample storage, and quality appliances
Covered outdoor entertaining area, ideal for relaxing or hosting guests
Awesome side yard with plenty of room for the kids to play.
Two street access.
Secure 1 car accommodation
Unit 2 Features:
2 comfortable bedrooms with built-in robes and ceiling fans in all rooms
1 modern bathroom with stone benchtop, corner shower and separate bath.
Air-conditioned open planned area of kitchen and lounge room.
Bright and spacious open-plan living and dining space.
Contemporary kitchen with stone benchtops, ample storage, and quality appliances
Covered outdoor entertaining area for alfresco enjoyment
Secure 1 car accommodation, two street access.
This property generates a combined rental income of $850 per week with no body corporate fees and with the potential for future growth making it a highly attractive investment.
Unit 1 $450 per week, tenanted until 28/07/2025 last rent increase was 29/07/2024
Unit 2 $400 per week, tenanted until 04/11/2025 last rent increase was 05/11/2024.
Don't miss out on this fantastic opportunity—schedule your inspection today!
Contact the listing agent, Rodney Rapmund, Rodney.rapmund@realwayipswich.com.au
Your local Leichhardt Area Specialist for the past 17 years.
Any inspections on the property we will need 48hrs notice and all inspection will have to be after 4.30pm weekdays.
Disclaimer:
Realway Property Consultants has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, accuracies, omissions, or misstatements contained. Prospective Buyers are encouraged to make their own enquiries to verify the relevant information contained in this advertisement and obtain professional advice if necessary.
Realway Property Consultants Ipswich – Real Service Real Results
Listing description written by Rodney Rapmund, RealWay Property Consultants Ipswich — reproduced as published, not verified by Districts.