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QLD › Pallara › Bill Watson Way

12 Bill Watson Way, Pallara QLD 4110

House

$1,055,000

Last sold

13 May 2026

4

Bedrooms

2

Bathrooms

2

Car spaces

325 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,055,000 (13 May 2026).(Recorded sale)
  • FactLand 325 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Pallara (last 5 years) with land size: median $2,808/m² of land (n=138). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Low-medium density residential (Up to 3 storeys) (LMR) under the Brisbane City Plan 2014.(Brisbane City Council · 30 Aug 2026)

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. 1No 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

What this lot has actually traded at

Last sold

$1,055,000

13 May 2026 · derived via latest_sale

Local land rate: recorded House sales in Pallara (last 5 years) with land size have a median of $2,808/m² of land (n=138). Districts calculation from recorded sales — not a valuation.

Pallara at a glance

9,211

People

$1,159,000

Median sale

$804/wk

Median rent

3.61%

Suburb gross yield

Median sale from 76 recorded sales (last 12 months) — a Districts calculation.

See the full Pallara report →

Vs Pallara

-9.0%

Median sale

Suburb $1,159,000

+0.35 pp

Gross yield

Suburb 3.61%

Suburb median $1,159,000 from 76 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Brisbane City Plan 2014

Zone

Low-medium density residential (Up to 3 storeys)

LMR

Jurisdiction

Brisbane City Council

Brisbane, QLD

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: Brisbane City Council
  • Dataset: City Plan 2014 Zoning
  • Retrieved: 30 Aug 2026
  • Version: 2014
  • Parcel: 40SP308512

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. Sold$1,055,00013 May 2026
  2. Listedprice unknowncompleted8 Apr 2026
  3. Listedprice unknowncompleted8 Apr 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?

Confidence: medium

Zoned Low-medium density residential (Up to 3 storeys) · LMR (Brisbane City Plan 2014). Official parcel area about 326 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $804/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

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

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Low-medium density residential (Up to 3 storeys) · LMR (Brisbane City Plan 2014). Official parcel area about 326 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

    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?

    Knownmedium

    No 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

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Pallara in one glance

Pallara at a glance

9,211

People

$1,159,000

Median sale

$804/wk

Median rent

3.61%

Suburb gross yield

Median sale from 76 recorded sales (last 12 months) — a Districts calculation.

See the full Pallara report →

Keep researching

  • Why Pallara? Read the area thesis →
  • What else is on the market in Pallara →
  • Other records on Bill Watson Way →

Listing material

Listed by Image Property Brisbane Northside

Vacant And Ready To Occupy!

Whether you are looking for the ideal investment, wanting to purchase your first home or are looking for your forever home, 12 Bill Watson Way is a must inspect!

Property features include:

# Master bedroom with private ensuite, air conditioning and walk in robe

Read the full description

# All bedrooms well sized and with built in wardrobes and ceiling fans

# Large open plan living space with air conditioning

# Separate carpeted living space, perfect for added seclusion

# Sleek and modern kitchen with ample bench and cupboard space featuring stone bench tops and stainless steel appliances including a dishwasher

# Covered alfresco situated off the main living area opening the property to cool flowing breezes, perfectly connecting the indoor to the outdoor

# Main bathroom with separate bath and shower

# Low maintenance block with a fully fenced backyard

# Internal laundry

# Remote double lock up garage

Situated perfectly to take full advantage of the surrounded amenities including local schools, shops, public transport and local parks. Be sure to reach out to Jamie to schedule your inspection today!

Listing description written by Jamie Rivett, Image Property Brisbane Northside — reproduced as published, not verified by Districts.

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.