Kelvin Grove at a glance
9,724
People
$1,520,000
Median sale
$641/wk
Median rent
2.19%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
QLD › Kelvin Grove › Bancroft St
$1,640,000
Last sold
23 May 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
607 m²
Land
305 m²
Building
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
$1,640,000
23 May 2025 · derived via latest_sale
Local land rate: recorded House sales in Kelvin Grove (last 5 years) with land size have a median of $3,605/m² of land (n=53). Districts calculation from recorded sales — not a valuation.
Kelvin Grove at a glance
9,724
People
$1,520,000
Median sale
$641/wk
Median rent
2.19%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Kelvin Grove
+7.9%
Median sale
Suburb $1,520,000
-0.16 pp
Gross yield
Suburb 2.19%
Suburb median $1,520,000 from 13 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 $641/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
Kelvin Grove at a glance
9,724
People
$1,520,000
Median sale
$641/wk
Median rent
2.19%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by SPACE Property South BrisbaneWith its two-street frontage and ideal location opposite a park, this light and airy post war Queenslander on a 607sqm lot in leafy Kelvin Grove is the perfect environment for a growing family to call home.
The house, with lovely street appeal, has its living all on one level plus a large multi-purpose room beneath suitable for home office, studio, consulting rooms or similar, with separate access from Hulme Street behind.
Arrive at the front of the home via a welcoming portico and hedged garden, walk along a pathway onto the large gated front porch. Enter through the double front doorway with glass insets into the hallway to the right where you will be spellbound by the amazing amount of natural light filling the entry space and the centre of the home. Look up and see the large architectural sky light positioned in the middle of the wide hallway, and notice the ornate ceiling details and decorative friezes above, which are truly beautiful. The house is painted white and bright, enhancing the sense of space.
Off the hallway are two large bedrooms spilling out onto an airy and well-lit sun-room at the front of the home. Corner windows in both bedrooms look out on the well established garden, and built-in cupboards and shelves in the second bedroom provide plenty of space for storage. The main bathroom at the end of the hallway features a bath and natural timber cabinetry with stone detail complemented by neutral toned vanity and tiles.
The lounge room provides a central hub in the home. Perfect for family gatherings, this area has windows out to the rear deck and is also open to the kitchen. The spacious kitchen and adjoining dining room flow out to the balcony behind. The kitchen has a gas stove and oven, new Asko dishwasher, timber cabinetry and plenty of bench space and storage. White tiled splash backs add a modern touch.
The master suite comprises a large bedroom opening onto the rear deck through French doors, a full wall of built-in cupboards, drawers and shelves, an office nook or sitting area, plus toilet and powder room. This bedroom is bathed by warming morning sun in wintertime due to its ideal northern aspect.
The enormous north facing entertainers deck spans the length of the back of the house. This fabulous space offers elevated vistas through the canopy of trees across to the park, as well as great sightlines back through the house's lounge room.
Internal stairs next to the kitchen and dining room access the lower level of the home where you will find a laundry with toilet, lock up garage, an adjoining secure enclosed open plan activity area, a gigantic multi-purpose room, and the expansive rear garden. As well as the enclosed car space, there is room for cars to park off street on the long driveway. A pizza oven and Tuscan style courtyard with herb garden take pride of place in the fully fenced rear yard featuring a manicured lawn shaded by large trees. There is an additional huge secure storage area under the front of the house.
This wonderful home features ducted airconditioning for cooling in summer and warming in winter, though its clever design also encourages plenty of cross ventilation. There are also ceiling fans in bedroom and family areas. There are polished hardwood timber floors throughout, with carpet in the master bedroom.
The current owners of this beautiful residence are outgrowing their home but are really sad to be leaving the area where they have strong connections with wonderful neighbours and an amazing lifestyle.
Overlooking Bancroft Park this home is a hub for neighbourhood connections. The park features, bikeways connecting all the way to Ashgrove and Herston. The City is under 10 minutes away by car and there are local busways galore.
This home is within the sought after Kelvin Grove State College catchment, as well as close to some of Brisbane's best private schools.
Beautifully cared for by its current owners, the home is move-in ready. If someone wanted to renovate further, they could add a swimming pool as the neighbours have done. Bancroft is a quiet street, with plenty of birdsong and lots of families. What more could you want?
It is now time for another family to start creating their own memories here. We do not expect a lovely family home such as this to last long in market. Do not delay your inspection. We look forward to welcoming you to our next open for inspection and to answering any questions you may have via phone or email in the meantime.
Listing description written by Liam Brown, SPACE Property South Brisbane — reproduced as published, not verified by Districts.