Norman Park at a glance
7,408
People
$1,852,500
Median sale
$758/wk
Median rent
2.13%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
QLD › Norman Park › Macrossan Ave
$1,461,000
Last sold
14 Dec 2023
3
Bedrooms
2
Bathrooms
3
Car spaces
597 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
$1,461,000
14 Dec 2023 · derived via latest_sale
Local land rate: recorded House sales in Norman Park (last 5 years) with land size have a median of $3,654/m² of land (n=87). Districts calculation from recorded sales — not a valuation.
Norman Park at a glance
7,408
People
$1,852,500
Median sale
$758/wk
Median rent
2.13%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
Vs Norman Park
-21.1%
Median sale
Suburb $1,852,500
+0.57 pp
Gross yield
Suburb 2.13%
Suburb median $1,852,500 from 46 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 $758/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
Norman Park at a glance
7,408
People
$1,852,500
Median sale
$758/wk
Median rent
2.13%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by SPACE Property - AshgroveAuction Location: Onsite
* Renovated for the modern family
* Large open plan living spaces
* Spacious entertaining deck with suburban views
* Within Seven Hills SS & Coorparoo SC catchments
* Moments to shops, cafes and transport
Positioned desirably within the esteemed avenues of Norman Park, this property is the perfect purchase opportunity for growing families looking to secure an executive character home amongst beautiful surrounds. Whether you are drawn to the suburb location, modern renovation or retained character features, this property is sure to impress!
The entry to the property is framed with flat manicured lawns and a charming facade, welcoming you into a truly special residence. Unfolding over a single level, the over sized open plan layout creates a harmonious space that is geared towards easy living and seamless entertaining. The well-positioned windows and doors capture the natural breezes and light to create an airy and welcoming space which continues throughout the property with a host of character features including polished timber floors, high ceilings and traditional ornate decoration.
The open plan lounge and dining areas adjoin the updated kitchen which features sleek modern cabinetry, a gas cooktop, stone bench tops and plenty of storage space to satisfy the family Masterchef. Moving outside, the property boasts a large flat fenced backyard, perfect for children and four-legged friends to enjoy.
Accommodation comprises three generous bedrooms. The master suite stands separate, creating the perfect parent retreat complete with a walk-in wardrobe and private ensuite. The remaining two bedrooms are serviced by the family bathroom with shower, separate bath, vanity and toilet.
Designed with comfort & modern convenience in mind, this property is packed with additional features. As it currently stands, the property offers solar panels, water tanks and two lock up garages - one single and one double car accommodation - with automatic gates and electronic remote controlled doors. The property also has a unique separate gated entrance to the rear yard which is perfect for those with a caravan or boat.
Offering an executive lifestyle just 7kms from the CBD, Macrossan Avenue is close to a range of shopping and dining options in Oxford Street, Bulimba, Coorparoo Square and Morningside High Street, a range of beautiful family parks, riverside walkways, the Norman Park Train Station and numerous bus routes.
Highly-sought after by growing families, this property is close to numerous schools including Anglican Church Grammar School, Lourdes Hill College, Loreto College and Villanova College, St Thomas Catholic Primary School, Seven Hills State School and Coorparoo Secondary College.
With so much to offer, your personal inspection of 106 Macrossan Avenue is highly recommended.
Be quick - this stunning residence won't last long!
Listing description written by Michael Shean, SPACE Property - Ashgrove — reproduced as published, not verified by Districts.