Wynnum at a glance
15,144
People
$1,385,000
Median sale
$658/wk
Median rent
2.47%
Suburb gross yield
Median sale from 71 recorded sales (last 12 months) — a Districts calculation.
QLD › Wynnum › Alkoomie St
For sale
For sale
2
Bedrooms
1
Bathrooms
6
Car spaces
923 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
Asking
No recorded sale price for this property yet.
Wynnum at a glance
15,144
People
$1,385,000
Median sale
$658/wk
Median rent
2.47%
Suburb gross yield
Median sale from 71 recorded sales (last 12 months) — a Districts calculation.
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 $658/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
Wynnum at a glance
15,144
People
$1,385,000
Median sale
$658/wk
Median rent
2.47%
Suburb gross yield
Median sale from 71 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath Bayside ManlyAuction : onsite 5th September at 11 AM
Deceased Estate Auction means this must be sold.
Located less than 80 metres from the sparkling foreshore in one of Wynnum's most tightly held waterfront precincts, this exceptional NE-facing 923m2 landholding presents an increasingly rare opportunity to secure a premium parcel in the coveted Wynnum North Esplanade enclave. Whether you're dreaming of creating an extraordinary family residence, land banking for future growth or exploring redevelopment potential (STCA), this blue-chip address offers flexibility in a location renowned for its relaxed bayside lifestyle.
Held by the same local family since the 1970s, the property has a rich history as both a cherished family home and a working boatyard and fishing business. Today, the original post-war highset home offers a modest rental income whilst future plans are considered, or the site can be cleared to make way for a spectacular new residence or redevelopment (STCA).
Boasting a generous 15.9-metre frontage, an expansive north-facing backyard and services already in place, the level allotment provides an outstanding blank canvas for your vision.
- Exceptional 923sqm near-level block just 80 metres from Wynnum North Esplanade
- 1970s post-war home with 2 bedrooms, 1 bathroom, meal and living upstairs
- Additional storage area downstairs with bathroom for small boat storage/cars
- Positioned in one of Wynnum's most premium streets for proximity to the water
- Generous 15.9-metre frontage with approximately 56.7-metre depth
- North-facing backyard providing the ideal orientation for a future dream home
- Original post-war highset home offering rental potential of approximately $650 per week
- Ideal opportunity to build, landbank or explore redevelopment potential (STCA)
- Improve the front house, subdivide the back (STCA), build up and enjoy sea views & this prime position.
- Existing shedding and services in place, including water and rear sewer connection
- No character or heritage restrictions- build what you like (subject to council approval)
- Form 2; Seller Disclosure Statement, available on request
- Prestigious waterfront precinct experiencing significant luxury redevelopment
- Moments to the foreshore, parks, cafés, wine bar Adelita boat ramps and the best of Wynnum's bayside lifestyle.
This Deceased Estate Auction marks the end of an era for a much-loved Wynnum local in amongst the best Wynnum location, and is genuinely for sale.
Contact Gaby on 0401 781 116 for further information.
Disclaimer: All information provided in the above property advertisement is presented to the best of our knowledge. McGrath Wynnum | Manly and its employees do not assume any responsibility for inaccuracies or errors in the information provided. We recommend that prospective buyers independently verify all details.
Listing description written by Gaby McEwan, McGrath Bayside Manly — reproduced as published, not verified by Districts.