The Gap at a glance
18,470
People
$1,408,750
Median sale
$741/wk
Median rent
2.74%
Suburb gross yield
Median sale from 62 recorded sales (last 12 months) — a Districts calculation.
QLD › The Gap › Nargong St
$1,400,000
Last sold
28 Oct 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
504 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
$1,400,000
28 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in The Gap (last 5 years) with land size have a median of $1,974/m² of land (n=91). Districts calculation from recorded sales — not a valuation.
The Gap at a glance
18,470
People
$1,408,750
Median sale
$741/wk
Median rent
2.74%
Suburb gross yield
Median sale from 62 recorded sales (last 12 months) — a Districts calculation.
Vs The Gap
-0.6%
Median sale
Suburb $1,408,750
+0.01 pp
Gross yield
Suburb 2.74%
Suburb median $1,408,750 from 62 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 $741/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
The Gap at a glance
18,470
People
$1,408,750
Median sale
$741/wk
Median rent
2.74%
Suburb gross yield
Median sale from 62 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White AshgroveDiscover a timeless blend of Art Deco character and modern convenience at 12 Nargong Street, The Gap. With its graceful curved walls, feature cornices, solid construction and thoughtfully renovated interiors, this home has been designed for effortless single level living upstairs, with versatile spaces and abundant storage below. Fully updated and renovated throughout, this home is perfect for downsizers, families or investors and offers a rare balance of style, practicality and location in one of Brisbane's most desirable suburbs.
Key Features Include:
• Effortless single level living upstairs, with side ramp access ideal for downsizers
• Coveted location in The Gap, within walking distance to The Gap Village, public transport and The Ashgrove Golf Club
• Three generous bedrooms including a private master retreat
• The master bedrooms offers a brand new ensuite with walk in robe and air conditioning
• Spacious and light filled living room with working fireplace and air-conditioning
• Separate dining area connecting the lounge and kitchen
• Modern kitchen complete with a premium Falcon electric stove, dishwasher and microwave
• Updated family bathroom featuring the original terrazzo floors
• Updated internal laundry that also functions as a butler's pantry
• Freshly updated throughout with new paint, polished floors, lights, fans and curtains
• Expansive downstairs storage including a dedicated wine cellar
• Versatile utility rooms downstairs, perfect for a workshop, home office or hobby space
• Single remote lock up garage with room for additional off street parking
• Additional features include multiple water tanks, an upgraded switchboard, and new fencing
• Low maintenance and established garden offering privacy and ease of care
Whether you're seeking a downsizers haven, a functional family home or a smart investment, 10 Nargong Street delivers the perfect combination of character, convenience and liveability.
Why You'll Love Living in The Gap:
The Gap is celebrated for its perfect balance of bushland serenity and suburban convenience. With the Enoggera Reservoir and scenic walking trails nearby, it's a haven for outdoor enthusiasts. Enjoy peaceful weekends immersed in nature while being just minutes from local cafes, shopping villages, and quality schools. You'll be within the catchment zones for Payne Road State School and The Gap State High School, and only a short drive to leading private schools including Marist College Ashgrove, Stuartholme, Mt St Michael's and Mater Dei Primary.
Contact Jack Dangerfield today, as this one won't last long.
Listing description written by Jack Dangerfield, Ray White Ashgrove — reproduced as published, not verified by Districts.