Riverview at a glance
3,595
People
$772,500
Median sale
$582/wk
Median rent
3.92%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
QLD › Riverview › Tessman St
$265,000
Last sold
4 Feb 2021
3
Bedrooms
1
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
$265,000
4 Feb 2021 · derived via latest_sale
Local land rate: recorded House sales in Riverview (last 5 years) with land size have a median of $749/m² of land (n=119). Districts calculation from recorded sales — not a valuation.
Riverview at a glance
3,595
People
$772,500
Median sale
$582/wk
Median rent
3.92%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Vs Riverview
-65.7%
Median sale
Suburb $772,500
+7.50 pp
Gross yield
Suburb 3.92%
Suburb median $772,500 from 28 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 $582/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
UnknownArea
Riverview at a glance
3,595
People
$772,500
Median sale
$582/wk
Median rent
3.92%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Premierre Group Forest LakePremierre Group welcome all serious buyers to this charming character home positioned in the heart of Riverview.
Located within minutes driving distance to all the necessary amenities including shopping, schools (both private and public) medical and major transport not forgetting to mention only 30mins to Brisbane CBD and just a stone's throw from Ipswich CBD.
located on a very quiet and private street you will simply fall in love with this home the moment you arrive. Situated on a fully fenced AND generous 597sqm block this renovated gem will not last long as there is practically nothing more to do apart from move in and enjoy the quiet lifestyle.
This current owner has conducted major improvements to this property including a fully modernised bathroom with floor to ceiling tiles, Air-conditioning, security screens to all windows, polished timber floors throughout and not forgetting to mention it has also recently painted just to name only a few of the improvements.
To add to the long list of inclusions this home also features a double garage with motorised access and also a sliding door at the rear, the garage also sits on a concrete slab.
This home is complemented by landscaped gardens which surround the entire home and is also fully fenced for privacy and security.
• 3 large bedrooms
• Modern Bathroom with separate toilet
• Spacious open plan living dining area
• very spacious kitchen
• Polished Floorboards
• balcony off the main living area.
• double garage with motorised door and side access
• Loads of storage space under the house
• landscaped gardens
• Fully fenced
• 650m walk to Riverview train station
• currently tenanted at $320 per week
To save yourself the disappointment of missing out on this truly wonderful opportunity to secure a very tidy and great quality home at an entry level price, be sure to contact our office today.
* PLEASE NOTE: COVID 19 restrictions apply. Viewings by private inspection only.
DISCLAIMER: Whilst every care is taken in the preparation of the information contained in this marketing. Premierre Group will not be held liable for any errors in typing or information. All interested parties should rely upon their own enquiries in order to determine whether or not this information is in fact accurate.
Listing description written by Adam Jordan, Premierre Group Forest Lake — reproduced as published, not verified by Districts.
Nearby 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.