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QLD › Leichhardt › Kynance St

12 Kynance St, Leichhardt QLD 4305

House

$582,000

Last sold

23 May 2024

3

Bedrooms

1

Bathrooms

0

Car spaces

625 m²

Land

100 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $582,000 (23 May 2024).(Recorded sale)
  • CalculationLand 625 m² against a 100 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Leichhardt (last 5 years) with land size: median $976/m² of land (n=178). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

What this lot has actually traded at

Last sold

$582,000

23 May 2024 · derived via latest_sale

Local land rate: recorded House sales in Leichhardt (last 5 years) with land size have a median of $976/m² of land (n=178). Districts calculation from recorded sales — not a valuation.

Leichhardt at a glance

4,791

People

$766,000

Median sale

$503/wk

Median rent

3.41%

Suburb gross yield

Median sale from 57 recorded sales (last 12 months) — a Districts calculation.

See the full Leichhardt report →

Vs Leichhardt

-24.0%

Median sale

Suburb $766,000

+1.08 pp

Gross yield

Suburb 3.41%

Suburb median $766,000 from 57 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$582,00023 May 2024
  2. Listedprice unknowncompleted14 May 2024
  3. Listedprice unknowncompleted14 May 2024

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 $503/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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.

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

Leichhardt in one glance

Leichhardt at a glance

4,791

People

$766,000

Median sale

$503/wk

Median rent

3.41%

Suburb gross yield

Median sale from 57 recorded sales (last 12 months) — a Districts calculation.

See the full Leichhardt report →

Keep researching

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

Listing material

Listed by People Estate Agents

Superb First Home or Investment on 625m2 - Just a Stroll to Ipswich Golf Course

- Sold in 1 week

- 5 Offers negotiated

- 1 Open home

Read the full description

- 1000+ online views

- Sold for a Street Record

Selling for everyone, everywhere, achieving record prices, and delivering world class service. To sell your property for more, please call Jake and the team 0423 733 882

Situated in a family friendly suburb, 12 Kynance Street is the perfect first home or investment, offering a highset post war residence, on a fully fenced 625m2 block.

The home is ready to move in now, or there is the option to re-let the property to the current tenants (the lease is expiring soon). The suburb has enjoyed continued capital growth over the last several years, and there are plenty of new families moving into the area, plus millions of dollars being spend on infrastructure.

The cute post war residence boasts an open plan lounge and dining, nice kitchen with lots of storage and plenty of bench space to enjoy cooking and entertaining.

You have three bedrooms with built-ins, plus one bathroom, plus the laundry downstairs, and plenty of space to securely store items under the house.

A snapshot of the property includes:

- High-set post war offering approximately 85m2 of living

- 625m2 fully fenced block

- Open plan lounge and dining

- Nice kitchen with lots of storage space

- Three bedrooms

- Side access to the rear of the block

- Air conditioning

- Polished timber floors

- Currently tenanted, with the tenants looking to continue their lease.

About the location:

Leichhardt is a family friendly suburb, located in Ipswich. The area has all the amenities, plus plenty more coming, including shopping, quality schooling and transport. If you like a hit of golf, you can enjoy the Ipswich Golf and Sports Club are just a stroll away.

Make sure you act quickly to secure this rare opportunity.

For all enquiries, please contact Jake Dwyer on 0423 733 882.

Disclaimer: Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

Listing description written by Jake Dwyer, People Estate Agents — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 1
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.