Chelmer at a glance
3,276
People
$1,890,000
Median sale
$837/wk
Median rent
2.30%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
QLD › Chelmer › Honour Ave
$592,500
Last sold
4 Nov 2020
3
Bedrooms
1
Bathrooms
1
Car spaces
635 m²
Land
Districts View
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
$592,500
4 Nov 2020 · derived via latest_sale
Local land rate: recorded House sales in Chelmer (last 5 years) with land size have a median of $2,942/m² of land (n=60). Districts calculation from recorded sales — not a valuation.
Chelmer at a glance
3,276
People
$1,890,000
Median sale
$837/wk
Median rent
2.30%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Vs Chelmer
-68.7%
Median sale
Suburb $1,890,000
+5.05 pp
Gross yield
Suburb 2.30%
Suburb median $1,890,000 from 19 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Brisbane City Plan 2014
Zone
Low density residential
LDR
Jurisdiction
Brisbane City Council
Brisbane, QLD
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
QLDZoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 303 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $837/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 303 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumNo material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Chelmer at a glance
3,276
People
$1,890,000
Median sale
$837/wk
Median rent
2.30%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Plum Property Plum PropertySpread across two lots this rare opportunity is situated in a high-profile location only a few minutes' walk to Indooroopilly Shopping Centre and Railway station. The 635m2 allotment offers dual frontage with the opportunity to develop now or land bank for the future, as this block has fantastic exposure for a home business. (STCA).
The address enjoys a lovely outlook over the riverside parklands and through to the river. The existing home on the property includes three bedrooms, a renovated kitchen and bathroom, and is currently rented until the 22nd January 2020.
• 635m2 allotment over two lots
• Current tenancy in place until 22/01/2021 at $420 per week
• High exposure position but surprisingly quiet for its location
• Graceville State School Catchment (Prep to Year 6)
• Indooroopilly State High School Catchment (Year 7 to Year 12)
• Council rates $1,877 / annually
Location:
• 450m to Chelmer Train Station
• 600m Indooroopilly Shopping Centre
• 700m to Indooroopilly Train Station
• 1.7km to Indooroopilly State High School
• 1.7km to St Peters College
• 3.5km to Toowong Village
• 7km to the Brisbane CBD
Listing description written by Daniel Lee, Plum Property Plum Property — reproduced as published, not verified by Districts.