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QLD › Cleveland › North St

10/43 North St, Cleveland QLD 4163

For saleTownhouse

$1,025,000

For sale

Asking

3

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,025,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,025,000(Listing record · 20 Mar 2026)
  • CalculationAsk is 19% below the Cleveland median recorded sale ($1,270,000, n=81, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Cleveland's advertised median rent ($677/wk), implied gross yield would be 3.43% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,025,000

Asking

No recorded sale for this property.

Cleveland at a glance

17,053

People

$1,270,000

Median sale

$677/wk

Median rent

2.77%

Suburb gross yield

Median sale from 81 recorded sales (last 12 months) — a Districts calculation.

See the full Cleveland report →

Vs Cleveland

-19.3%

Median sale

Suburb $1,270,000

+0.66 pp

Gross yield

Suburb 2.77%

Suburb median $1,270,000 from 81 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,025,000
Stamp Duty (Queensland)
$39,463
Transfer/Registration Fee
$4,206
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,072,369

$47,369 on top of the price (4.6% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Cleveland's advertised median rent — not a rent for this listing.

Net yield
1.93%
Annual cashflow (pre-tax)
$-33,471
Interest cover (DSCR)
0.37
Annual rent
$35,204
Operating expenses
$15,375
Loan amount
$820,000
Annual interest
$53,300
Gross yield
3.43%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$1,025,000available20 Mar 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $677/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Cleveland in one glance

Cleveland at a glance

17,053

People

$1,270,000

Median sale

$677/wk

Median rent

2.77%

Suburb gross yield

Median sale from 81 recorded sales (last 12 months) — a Districts calculation.

See the full Cleveland report →

Keep researching

  • Why Cleveland? Read the area thesis →
  • What else is on the market in Cleveland →
  • Other records on North St →

Listing material

Listed by Queensland Sotheby's International Realty Brisbane

HUGE PRICE REDUCTION - PRICE NOW OFFERS OVER $1,049,000 CONSIDERED

This beautifully presented townhouse has stunning, uninterrupted bay views with direct access to expansive, wide open waterfront parkland. THIS PROPERTY MUST BE SOLD AS THE SELLER NEEDS TO MOVE CLOSER TO HER DAUGHTER and will accept a price lower than she paid. Nestled within a boutique complex of just 14 residences with low body corporate fees, this is without a doubt a rare opportunity to secure a premium bayside lifestyle in a highly sought-after location at a BARGAIN PRICE.

Privately positioned at the rear of the complex, the home enjoys peace, privacy and stunning outlooks across adjoining parkland to Moreton Bay. Constructed with timber frame, brick veneer and a concrete tiled roof, the property has been tastefully renovated and is presented in excellent condition throughout.

Light-filled interiors create a fresh and inviting atmosphere, enhanced by plantation shutters and a new ducted air-conditioning system. The spacious lounge flows to an open-plan kitchen and dining area, while sliding glass doors open to a timber entertaining deck capturing beautiful park and bay views.

Read the full description

The home offers three generous bedrooms, including a master with private balcony overlooking the water. A renovated family bathroom features a twin-head shower and feature bath, while the updated laundry includes a second W.C.

Outdoor living is a highlight with both a front courtyard entertaining area with a large retractable awning and generous rear patio and lawn space – ideal for children and pets. From the backyard, private access leads directly to the park, beach and foreshore.

Perfectly positioned, the property is just footsteps to shopping, childcare, the train station, Raby Bay Harbour, the Grand View Hotel and Lighthouse Restaurant. Ferry services to the Bay Islands and boat ramps are only minutes away, with Brisbane CBD within a 45 minute drive and Airport approximately 30 minutes.

Features Include:

• Boutique complex of only 14 residences with low body corporate fees

• Stunning parkland, bay and island views

• Direct private access to waterfront parkland and foreshore

• Three generous bedrooms

• Balcony off the master bedroom with water views

• Renovated bathroom with feature bath and twin-head shower

• Well-equipped kitchen with stone benchtops and quality appliances

• New ducted air-conditioning system

• Plantation shutters throughout

• Fresh paint and immaculate presentation

• Vinyl plank flooring to living areas and new carpet to bedrooms

• Front timber entertaining deck with bay views

• Rear patio and front courtyard entertaining areas

• Generous front and rear lawn space – ideal for children and pets

• Lock-up garage with storage and shelving

• Covered bike and mower storage area

• Premium walk-to-everything location

All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.

Listing description written by Jan Goetze, Queensland Sotheby's International Realty Brisbane — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Fully Fenced
  • Outdoor Entertaining

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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