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QLD › Stretton › Penson St

105 Penson St, Stretton QLD 4116

For saleHouse for Sale

$1,450,000

For sale

Asking

5

Bedrooms

3

Bathrooms

2

Car spaces

744 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,450,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,450,000(Listing record · 2 June 2026)
  • FactLand 744 m²; no building size recorded.(Property record)
  • CalculationAsk is 21% below the Stretton median recorded sale ($1,835,888, n=17, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Stretton's advertised median rent ($706/wk), implied gross yield would be 2.53% — 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

$1,450,000

Asking · $1,949/m² of land

No recorded sale for this property.

Stretton at a glance

5,143

People

$1,835,888

Median sale

$706/wk

Median rent

2.00%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Stretton report →

Vs Stretton

-21.0%

Median sale

Suburb $1,835,888

+0.53 pp

Gross yield

Suburb 2.00%

Suburb median $1,835,888 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,450,000
Stamp Duty (Queensland)
$63,900
Transfer/Registration Fee
$6,161
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
$1,523,761

$73,761 on top of the price (5.1% 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 Stretton's advertised median rent — not a rent for this listing.

Net yield
1.03%
Annual cashflow (pre-tax)
$-60,438
Interest cover (DSCR)
0.20
Annual rent
$36,712
Operating expenses
$21,750
Loan amount
$1,160,000
Annual interest
$75,400
Gross yield
2.53%

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$1,450,000available2 June 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 $706/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 2.5%. 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

Stretton in one glance

Stretton at a glance

5,143

People

$1,835,888

Median sale

$706/wk

Median rent

2.00%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Stretton report →

Keep researching

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

Listing material

Listed by Ray White Rochedale

Elevated Family Living in Prestigious Stretton with Views & Privacy

Positioned in one of Stretton's most sought-after pockets, 105 Penson Street presents an outstanding opportunity for growing families seeking space, comfort, convenience, and long-term value. Offering 5 bedrooms, 3 bathrooms, a double garage, multiple living zones, and an expansive family-friendly layout, this beautifully maintained home combines modern upgrades with an exceptional location close to schools, transport, and everyday amenities.

Step inside to discover a thoughtfully designed floor plan. The lower level features a welcoming formal lounge, a spacious open-plan meals area, and a separate entertainment room, providing multiple spaces for the family to relax, gather, or entertain. The heart of the home is the beautifully renovated kitchen, complete with quality finishes, ample storage, and excellent connection to the indoor and outdoor living areas.

The flexible floor plan is ideal for multi-generational living or guests, with a fifth bedroom and full bathroom conveniently located on the ground floor. Upstairs, the spacious master suite is complemented by a walk-in robe and ensuite, while three additional bedrooms are serviced by a central family bathroom. A dedicated study offers an excellent work-from-home space or homework zone for growing families.

Read the full description

Adding to the home's appeal, both the master bedroom and one of the upstairs bedrooms enjoy elevated district views, creating a wonderful sense of openness and natural light. The private backyard outlook further enhances the peaceful atmosphere rarely found in such a convenient location.

A standout feature is the seamless flow to the expansive covered outdoor entertaining area. Surrounded by a private backyard setting, this space is perfect for family gatherings, weekend barbecues, or simply enjoying peaceful outdoor living with minimal maintenance.

Whether you're upsizing, accommodating a large family, or simply looking for a quality home in one of Brisbane's most desirable southern suburbs, this property offers the perfect combination of space, functionality, and location.

Opportunities like this in Stretton are always in high demand-inspect today and experience everything this exceptional family home has to offer.

Property Highlights:

- 5 spacious bedrooms and 3 well-appointed bathrooms

- Double garage with practical family-friendly layout

- Renovated kitchen with quality finishes and modern functionality

- Stylishly renovated bathrooms with contemporary updates

- Multiple living and entertaining areas for growing families

- Elevated area views from two bedrooms

- Private backyard offering peace, privacy, and outdoor enjoyment

- Generous land size with excellent family appeal

- Ideal for large or multi-generational families

- Bus stop conveniently located near the home

- Located within highly sought-after school catchment areas

- Easy access to shops, parks, schools, and major roads

- Positioned in a premium and tightly held Stretton location

Location Features:

- Within Runcorn Heights State School and Calamvale Community College school catchment

- Bus stop conveniently located just near the home for easy daily commuting

- Minutes to Sunnybank Hills Shoppingtown, Calamvale Central, and local shopping villages

- Easy access to major roads including Gateway Motorway and Logan Motorway

- Short drive to Market Square Sunnybank, Westfield Mt Gravatt, and Garden City precinct

- Close to local parks, playgrounds, and walking tracks

- Nearby childcare centres, schools, and community facilities

- Convenient access to restaurants, cafés, medical centres, and fitness facilities

- Approx. 20 minutes to Brisbane CBD and Brisbane Airport via major motorway connections

Contact Michelle Lee (0422 880 923) or Sophie Huang (0430 633 124) today for more information. Don't miss out on this exceptional opportunity!

Disclaimer: All information contained herein is gathered from sources deemed reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must conduct their own inquiries to verify the accuracy of the details.

Listing description written by Michelle Lee, Ray White Rochedale — reproduced as published, not verified by Districts.

Districts

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

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