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QLD › Bulimba › Karthina St

11 Karthina St, Bulimba QLD 4171

For saleHouse

$1,590,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

405 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,590,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,590,000(Listing record · 27 Aug 2026)
  • FactLand 405 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Bulimba (last 5 years) with land size: median $4,543/m² of land (n=43). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 38% below the Bulimba median recorded sale ($2,552,500, n=38, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Bulimba's advertised median rent ($851/wk), implied gross yield would be 2.78% — 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

$1,590,000

Asking · $3,926/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Bulimba (last 5 years) with land size have a median of $4,543/m² of land (n=43). Districts calculation from recorded sales — not a valuation.

Bulimba at a glance

8,209

People

$2,552,500

Median sale

$851/wk

Median rent

1.73%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Bulimba report →

Vs Bulimba

-37.7%

Median sale

Suburb $2,552,500

+1.05 pp

Gross yield

Suburb 1.73%

Suburb median $2,552,500 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,590,000
Stamp Duty (Queensland)
$71,950
Transfer/Registration Fee
$6,813
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
$1,672,463

$82,463 on top of the price (5.2% 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 Bulimba's advertised median rent — not a rent for this listing.

Net yield
1.28%
Annual cashflow (pre-tax)
$-62,278
Interest cover (DSCR)
0.25
Annual rent
$44,252
Operating expenses
$23,850
Loan amount
$1,272,000
Annual interest
$82,680
Gross yield
2.78%

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$1,590,000available27 Aug 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 $851/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 2.8%. 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

Bulimba in one glance

Bulimba at a glance

8,209

People

$2,552,500

Median sale

$851/wk

Median rent

1.73%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Bulimba report →

Keep researching

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

Listing material

Listed by RE/MAX Results Morningside

Queenslander Charm, Poolside Living + City Glimpses

Rich in 1920s character and beautifully presented for modern living, this charming Queenslander combines timeless appeal with a spectacular poolside setting, elevated district and city outlooks, and exciting potential to grow in the future.

An elevated front verandah introduces interiors rich in period detail, with polished timber floors, soaring 3.19m ceilings, VJ panelling, timber fretwork and stained-glass windows. The generous living room provides a welcoming central space, complemented by two bedrooms and a fully renovated bathroom with contemporary finishes.

At the rear, the kitchen and meals area creates a relaxed space for everyday dining, featuring classic cabinetry, timber benchtops and quality stainless-steel appliances, including an oversized gas cooker. From here, the home opens effortlessly outdoors to its standout entertaining zone.

Read the full description

The expansive covered rear deck provides plenty of room for dining, lounging and outdoor cooking, overlooking the sparkling inground pool and beautifully established gardens. Beyond, the elevated position captures district and city skyline glimpses, adding a striking backdrop to an already impressive outdoor setting. A second covered area beneath the deck provides another versatile space to relax, entertain or keep an eye on the pool.

The lower level adds valuable functionality with secure remote car accommodation, a separate laundry and additional storage. With approximately 2.45m ceiling height beneath the home, there is also potential to build in additional living or accommodation in the future, subject to approvals, allowing the home to evolve as needs change.

Highlights

• Circa 1920 Queenslander on approximately 405sqm

• Two bedrooms with spacious living and 3.19m ceilings

• Original VJ panelling, timber fretwork, polished floors and stained glass

• Renovated bathroom and well-appointed kitchen

• Large covered entertaining deck with district and city glimpses

• Inground pool with established gardens and lawn

• Additional covered outdoor entertaining area

• Secure remote car accommodation, laundry and solar power

• Approx. 2.45m undercroft with potential to build in, STCA

• Walk to Oxford Street boutiques, cafes, dining and cinemas

• Close to Brisbane River, riverside walks and CityCat

• Nearby Bulimba State School, Sts Peter and Paul's School and Lourdes Hill College

• Currently leased at $825 p/w until January 2027

The location is already one of Bulimba's great drawcards, with Oxford Street's boutique shopping, cafes, restaurants and cinema within easy walking distance. Local favourites including Darvella Patisserie, Melrose and Oxford 152 are close by, while the Brisbane River and riverside walking paths offer an easy escape for outdoor recreation. Adding another exciting dimension to the location is the transformation of the historic Bulimba Barracks. The former 1943 fabrication workshop is being adaptively reused as a new lifestyle and community precinct, planned to introduce a boutique supermarket, cafes, restaurants, retail and wellness offerings.

The broader redevelopment will also open up previously inaccessible riverfront land, with new public parklands, a riverside pavilion, playgrounds and improved pedestrian and cycling connections. The result will be an exciting new neighbourhood destination adding further amenity to an already highly sought-after part of Bulimba.

Families are well catered for with Bulimba State School, Sts Peter and Paul's School and Lourdes Hill College nearby, while public transport provides convenient connections to the CBD and surrounding suburbs.

With its character-filled interiors, elevated poolside setting, city glimpses and exciting future potential, this is a Queenslander that offers an enviable Bulimba lifestyle today, with even more to look forward to tomorrow.

Currently leased at $825 p/w until January 2027

Listing description written by Kylee Harnisch, RE/MAX Results Morningside — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Deck
  • Dishwasher
  • Floorboards
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Solar Panels
Districts

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

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.