Wavell Heights at a glance
11,245
People
$1,570,000
Median sale
$656/wk
Median rent
2.17%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
QLD › Wavell Heights › Frankit St
$1,356,500
Last sold
23 May 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
401 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
$1,356,500
23 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Wavell Heights (last 5 years) with land size have a median of $2,481/m² of land (n=141). Districts calculation from recorded sales — not a valuation.
Wavell Heights at a glance
11,245
People
$1,570,000
Median sale
$656/wk
Median rent
2.17%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Vs Wavell Heights
-13.6%
Median sale
Suburb $1,570,000
+0.34 pp
Gross yield
Suburb 2.17%
Suburb median $1,570,000 from 75 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 $656/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
UnknownArea
Wavell Heights at a glance
11,245
People
$1,570,000
Median sale
$656/wk
Median rent
2.17%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White AspleyPositioned on a generous corner block in a quiet, leafy pocket of Wavell Heights, this charming home blends mid-century character with a warm cottage feel, creating an inviting private oasis surrounded by established greenery. From the moment you arrive, the home's unique street appeal is evident, framed by mature trees and a wide, open frontage that welcomes natural light, cooling breezes and a strong connection to the outdoors. The peaceful setting is enhanced by the abundance of birdlife and nearby green spaces, offering a lifestyle that feels both relaxed and connected.
Inside, the home showcases a beautiful mix of original charm and thoughtful functionality, with hardwood floors, intricate plaster ceiling details and plantation shutters adding warmth and character throughout. Aluminium security casement windows with integrated flyscreens provide both comfort and practicality, while the open plan kitchen and living area forms the heart of the home. Designed for effortless indoor-outdoor living, the space flows seamlessly through original French doors onto a private alfresco area, where a bifold servery connects the kitchen to the outdoors, perfect for entertaining family and friends.
The home's accommodation is equally inviting, with three well-proportioned bedrooms, including a spacious main bedroom that captures stunning sunrise views through the surrounding trees, creating a peaceful retreat to start each day. Large windows throughout the home frame leafy outlooks from every angle, reinforcing the sense of privacy and tranquillity while allowing natural airflow to keep the home cool year-round.
Outdoors, the property truly shines with a beautifully landscaped mix of native and tropical gardens that create a serene, low-maintenance environment. The north-facing alfresco area offers a private space to relax or entertain, overlooking lush greenery, while a dedicated fire pit area provides the perfect setting for evenings under the stars. The secure, pet-friendly yard ensures peace of mind, and the practical garden shed adds further convenience for storage.
Completing the home is a large double garage featuring epoxy flooring and an EV charger, along with a spacious, private frontage offering dual access for added flexibility. A large laundry with ample storage further enhances everyday practicality, making this home as functional as it is charming. All of this is set within a quiet street surrounded by walking paths and green spaces, delivering a lifestyle that is both peaceful and highly desirable.
• 3 bedrooms, 1 bathroom, 2 car accommodation on a corner block
• Private, leafy setting with established trees and abundant birdlife
• Open plan kitchen and living with seamless indoor-outdoor flow
• North-facing alfresco area with bifold servery and entertaining space
• Landscaped native and tropical gardens with fire pit area
• Secure, pet-friendly yard with garden shed
• Double garage with epoxy flooring and EV charger
• Only 5 minutes to Westfield Chermside
• Walking distance to public transport
Listing description written by Chris Rhode, Ray White Aspley — reproduced as published, not verified by Districts.
Nearby 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.