Bowen Hills at a glance
6,072
People
$1,350,000
Median sale
$755/wk
Median rent
2.91%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
QLD › Bowen Hills › Primrose St
32
Bedrooms
32
Bathrooms
3
Car spaces
427 m²
Land
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
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
No recorded sale price for this property yet.
Bowen Hills at a glance
6,072
People
$1,350,000
Median sale
$755/wk
Median rent
2.91%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
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 $755/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
Bowen Hills at a glance
6,072
People
$1,350,000
Median sale
$755/wk
Median rent
2.91%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Inner Brisbane RealtyPresenting a purpose-built structure featuring 32 self-contained studio units spanning three floors, nestled in a cul-de-sac just off St. Pauls Terrace in Bowen Hills. Constructed less than two decades ago, this property has received meticulous care and remains in impeccable condition.
Sitting on a 427m² plot, the land holds a single title, resulting in minimal land tax responsibilities tailored to your circumstances. The studio units boast an average size of 17m² each, complemented by a communal space of approximately 40m², a coin-operated laundry facility and secure parking for up to three vehicles. Historically devoted to long-term rentals, this property also offers potential for short-term accommodations.
There is no body corporate, so no fees and the associated overheads of running it. Though the studio units can be strata titled if required.
The studio units are able to be leased at an average of $300 per week, inclusive of power (within reasonable usage) and basic internet services. Notably, the occupancy rate is consistently high, contributing to low turnover.
Each studio unit is thoughtfully outfitted with:
* Well-equipped kitchen area featuring a fridge, hot plate, rangehood, microwave, sink and cupboards
* Sleeping arrangements include single, king single, or double beds, along with bedside table/desk and wardrobe
* Bathroom zone complete with shower, sink, and toilet
* Comfort is ensured by air-conditioning and a ceiling fan
The communal area offers a fully-furnished kitchenette/dining/living space, complete with television, exercise bike, air-conditioning and a shaded outdoor spot furnished with tables and chairs.
Noteworthy enhancements and maintenance of superior quality encompass:
* Comprehensive repainting of the building
* Implementation of security cameras in common zones
* Upgraded showers in all units
* Modernized hot water systems
* Renewal of hot plates, range hoods, air-conditioning units, keylocks
* Upgraded front door intercom system
* Fire alarm system upgrade with new fire indicator panel and installation of Hochiki analogue smoke detectors throughout
* Individually metered electricity for each studio unit, aligning with the fair-use policy
Supervising the property since its inception, a dedicated caretaker collaborates closely with the owners to ensure the property maintains its optimal state.
Embrace this remarkable investment opportunity, guaranteeing a stable and foreseeable return minus the customary overheads (and effort) often associated with property investment. For enquiries or to schedule a private viewing, reach out to Matt McHugh on 0428 383 950
Listing description written by Matt McHugh, Inner Brisbane Realty — reproduced as published, not verified by Districts.