Victoria Point at a glance
16,282
People
$1,175,000
Median sale
$752/wk
Median rent
3.33%
Suburb gross yield
Median sale from 101 recorded sales (last 12 months) — a Districts calculation.
QLD › Victoria Point › Colburn Ave
$1,035,000
Last sold
9 Oct 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
809 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
$1,035,000
9 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Victoria Point (last 5 years) with land size have a median of $1,607/m² of land (n=126). Districts calculation from recorded sales — not a valuation.
Victoria Point at a glance
16,282
People
$1,175,000
Median sale
$752/wk
Median rent
3.33%
Suburb gross yield
Median sale from 101 recorded sales (last 12 months) — a Districts calculation.
Vs Victoria Point
-11.9%
Median sale
Suburb $1,175,000
+0.45 pp
Gross yield
Suburb 3.33%
Suburb median $1,175,000 from 101 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 $752/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
Victoria Point at a glance
16,282
People
$1,175,000
Median sale
$752/wk
Median rent
3.33%
Suburb gross yield
Median sale from 101 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX On PointUnlock the potential of one of Victoria Point's most sought-after pockets with this exceptional development site. Perfect for developers, investors, or visionary buyers, 113 Colburn Avenue offers the rare chance to demolish and rebuild or subdivide and create multiple brand-new homes, delivering phenomenal financial returns in a thriving bayside market.
Key Development Highlights:
• Zoned Low-Medium Density Residential - ideal for townhouses, duplexes, subdivision, or a custom multi-unit project (subject to council approval).
• 809 sqm block with a generous 20-metre frontage - provides maximum flexibility in design and site layout.
• Level, easy-to-build site - ready for a knockdown and rebuild, minimising construction challenges.
• Strong development upside - take advantage of Victoria Point's high demand for modern, low-maintenance homes.
• Currently owner occupied, with the owners planning to move in November, providing a clear timeline for settlement and redevelopment.
Prime Location Advantages:
• Nestled in a family-friendly, highly desirable neighbourhood with quiet, tree-lined streets.
• Just minutes from Thompsons Beach, offering parks, BBQ facilities, and water access.
• Close to Pelicans Nest Shopping Village, cafés, restaurants, and essential services.
• Easy access to schools, public transport, boat ramps, and the vibrant Victoria Point Lakeside precinct.
• Quick connections to Moreton Bay and surrounding areas, ideal for buyers seeking lifestyle and convenience.
This is a rare chance to secure a sizeable block in a premium bayside location, perfectly positioned to capitalise on the demand for contemporary living. With endless possibilities for redevelopment, this site represents a smart investment with high potential returns.
Take a moment to view the aerial shots showcasing the block and its enviable position. Call Leanne today to discuss this outstanding development opportunity.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Listing description written by Leanne Bojarski, RE/MAX On Point — reproduced as published, not verified by Districts.