Hemmant at a glance
3,657
People
$1,225,000
Median sale
$673/wk
Median rent
2.86%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
$450,000
Last sold
13 Oct 2019
3
Bedrooms
1
Bathrooms
3
Car spaces
407 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
$450,000
13 Oct 2019 · derived via latest_sale
Local land rate: recorded House sales in Hemmant (last 5 years) with land size have a median of $2,010/m² of land (n=86). Districts calculation from recorded sales — not a valuation.
Hemmant at a glance
3,657
People
$1,225,000
Median sale
$673/wk
Median rent
2.86%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs Hemmant
-63.3%
Median sale
Suburb $1,225,000
+4.92 pp
Gross yield
Suburb 2.86%
Suburb median $1,225,000 from 24 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 $673/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
Hemmant at a glance
3,657
People
$1,225,000
Median sale
$673/wk
Median rent
2.86%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Social RealtyLocated in one of the highest growth suburbs in Brisbane, 103 Gross Avenue, Hemmant has the perfect combination of convenience, value and rapid growth. Positioned on a 407m2 flat block, ready to move in today with plenty of potential to add value in the future.
This air-conditioned home showcases an open plan layout, with hardwood timber floors throughout the residence. It is practical and generously proportioned, providing functional and entertaining living to enjoy all year round.
The three well-appointed bedrooms have been cleverly planned to maximise privacy. All three bedrooms are spacious, the master bedroom with its own built-in wardrobe and all bedrooms with ceiling fans, all within close proximity to the renovated main bathroom.
The kitchen boasts ample bench and storage space, overlooking the open plan living and dining room. The living room is open, bright and functional, offering you and your family plenty of space for the whole family.
Downstairs hosts a generously sized rumpus area to suit all your entertaining needs. Take full advantage of the multi-purpose room, ideal for a study space or fourth bedroom for the guests. Both rooms easily accessible to the downstairs separate toilet and laundry.
Venture outside to the huge open grass yard, optimal for summer BBQs and ideal for the little ones to kick a ball around. You'll have plenty of space for tools and toys with the added convenience of the backyard storage shed.
Features at glance
3 Bedrooms
1.5 Bathrooms
Air-conditioning
Open plan living/dining
Hardwood timber floors
Single lock up garage
Large shed
Double carport
Brisbane Bayside State College catchment
Wynnum West State School catchment
14km to Brisbane CBD
407m2 (approx.)
Walking distance to parks and public transport, with easy access to the Gateway Motorway. If you are looking for your next family home or a perfect investment, look no further. Call Steve Song today to arrange your inspection.
Listing description written by Steve Song, Social Realty — reproduced as published, not verified by Districts.