Karalee at a glance
6,042
People
$1,175,000
Median sale
$670/wk
Median rent
2.97%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
QLD › Karalee › Waterfront Dr
$805,000
Last sold
6 June 2024
5
Bedrooms
3
Bathrooms
2
Car spaces
4,764 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
$805,000
6 June 2024 · derived via latest_sale
Karalee at a glance
6,042
People
$1,175,000
Median sale
$670/wk
Median rent
2.97%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
Vs Karalee
-31.5%
Median sale
Suburb $1,175,000
+1.36 pp
Gross yield
Suburb 2.97%
Suburb median $1,175,000 from 55 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 $670/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
Karalee at a glance
6,042
People
$1,175,000
Median sale
$670/wk
Median rent
2.97%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by JJ Property Brisbane* Information about outgoings, rent return and how to make an offer can be found towards the bottom of the advert blurb *
Inspection Information: For inspections, meet at the top of the driveway on Waterfront Drive.
Nestled on a generous block, this dual occupancy home offers the perfect blend of tranquillity and investment potential. Boasting excellent rental returns and currently tenanted to July 2024 for $750 per week, this property promises financial stability. With its spacious layout and serene surroundings, seize the opportunity to own a slice of Karalee's hidden gem. *sheep not included*
Property Details:
4,764m2 battle-axe block
Built 2015 approx
Private block backing onto nature strip next to Brisbane River
No rear neighbours
Split into two attached dwellings with completely separate access to each
Unit 1 - 3 bed, 2 bath, 1 car
Unit 2 - 2 bed, 1 bath, 1 car
Large shared fenced yard
BioCycle System - www.biocycle.com.au
Gas hot water
Security Screens
Air-conditioning
Ceiling fans
Fitted wardrobes
Stainless steel kitchen appliances
Location:
Karalee Shopping Village (Coles + Woolworths) - 7 min drive
Tivoli Drive in Theatre - tivolidrivein.com.au - 10 min drive
Karalee Tavern - 6 min drive
Karalee Kindergarten and Early Years Learning - 3 min drive
Costco Ipswich - 14 min drive
Public BBQ Area on the river - (Joseph Brady Park) - 9 min drive
Colleges Crossing & Boat Ramp - 10 min drive
Lake Manchester - 25 min drive
Ipswich CBD - 15 min drive
Brisbane CBD - 45 min drive
School Zones:
Karalee State School (Prep to Year 6) - 4 min drive
Ipswich State High School (Year 7 to Year 12) - 15 min drive
Rental:
Currently rented as one property until 18/07/2024 for $750.00 per week
Rental Appraisal:
$750.00 - $800.00 per week unfurnished
Costs:
Council Rates - $1,165.00 per quarter approx
Water - $230.00 per quarter approx
Interested in making an offer?
At JJ Property, we ensure transparency with our online offer portal. You will be in the loop throughout the process, know if your offer is the top offer and know when bids are closing.
Contact us or copy and paste this link to get started: https://shorturl.at/kxFR9
Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, JJ Property will not be held liable (financially or otherwise) for any errors or omissions relating to the property, contents and/or facilities in the property or complex. All interested parties should rely upon their own investigations to determine whether the property is suitable for their needs and all contents and facilities are present.
Listing description written by John Rohde, JJ Property Brisbane — reproduced as published, not verified by Districts.