Kelvin Grove at a glance
9,724
People
$1,520,000
Median sale
$641/wk
Median rent
2.19%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
QLD › Kelvin Grove › Rusden St
$960,000
Last sold
5 Mar 2025
2
Bedrooms
1
Bathrooms
0
Car spaces
202 m²
Land
Districts View
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
$960,000
5 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in Kelvin Grove (last 5 years) with land size have a median of $3,506/m² of land (n=53). Districts calculation from recorded sales — not a valuation.
Kelvin Grove at a glance
9,724
People
$1,520,000
Median sale
$641/wk
Median rent
2.19%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Kelvin Grove
-36.8%
Median sale
Suburb $1,520,000
+1.28 pp
Gross yield
Suburb 2.19%
Suburb median $1,520,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Brisbane City Plan 2014
Zone
Character residential (Infill housing)
CR
Jurisdiction
Brisbane City Council
Brisbane, QLD
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
QLDZoned Character residential (Infill housing) · CR (Brisbane City Plan 2014). Official parcel area about 203 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $641/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Character residential (Infill housing) · CR (Brisbane City Plan 2014). Official parcel area about 203 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumNo material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Kelvin Grove at a glance
9,724
People
$1,520,000
Median sale
$641/wk
Median rent
2.19%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Aurora Property BrisbaneSet in an ultra-convenient and quiet pocket of Kelvin Grove, this charming home is full of character and potential. Behind its pretty street appeal, the interior offers a blank canvas for creative minds - whether you're a savvy investor, a developer looking for your next project, or a first-home buyer eager to make your mark.
A welcoming front veranda introduces you to the home, offering a peaceful spot to take in the tranquil views overlooking Red Hill & Paddington before stepping inside. From here, a fluid living and dining area leads through to a functional kitchen, offering plenty of scope for a contemporary update. The home's two well-proportioned bedrooms are serviced by one bathroom, making it comfortable as is while still presenting an exciting opportunity to modernise. The rear of the home opens to a generous backyard - ideal for those considering an extension, a lush outdoor entertaining area, or a garden retreat.
Features include:
• Pretty character façade
• Scope to renovate or extend
• Elevated front veranda
• Tranquil views overlooking Red Hill & Paddington
• Fluid living and dining spaces
• Functional, neat & tidy kitchen
• Private rear alfresco zone
• 2 generous sized bedrooms
• Air-conditioning throughout
• Original period details
• Backyard with room to extend or landscape
• Fully fenced for privacy & security
Superbly located, this home is just a three-minute walk to Kelvin Grove State College, making it an ideal option for those wanting to be near highly regarded primary and secondary schooling. It's also moments from QUT Kelvin Grove, Victoria Park, and the vibrant Kelvin Grove Urban Village, with easy access to shops, cafes, public transport, and the CBD. A rare opportunity to secure a character home in a prime location. This is one to inspect - bring your vision and make it your own.
Disclaimer
Whilst all reasonable attempts have been made to verify the accuracy of the information provided, the Selling agents confirm that they cannot guarantee accuracy of the same and accept no liability (express or implied)in the event that any information contained in the document or provided within is inaccurate. Parties must ensure they make their own due diligence enquiries to satisfy themselves about the accuracy of the information. This information provided is indicative only and must not be relied upon unless confirmed by a party through their own due diligence.
Aurora Property Newmarket acknowledges the traditional custodians of the land on which we deliver our services. We pay respects to Elders past, present and emerging and recognise their cultural heritage, beliefs, and relationships with the land.
Listing description written by Mario Sultana, Aurora Property Brisbane — reproduced as published, not verified by Districts.