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QLD › Indooroopilly › Payne St

121 Payne St, Indooroopilly QLD 4068

House

$1,880,000

Last sold

18 Apr 2026

3

Bedrooms

2

Bathrooms

2

Car spaces

405 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 $1,880,000 (18 Apr 2026).(Recorded sale)
  • FactLand 405 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Indooroopilly (last 5 years) with land size: median $2,529/m² of land (n=53). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$1,880,000

18 Apr 2026 · derived via latest_sale

Local land rate: recorded House sales in Indooroopilly (last 5 years) with land size have a median of $2,529/m² of land (n=53). Districts calculation from recorded sales — not a valuation.

Indooroopilly at a glance

15,660

People

$1,855,000

Median sale

$752/wk

Median rent

2.11%

Suburb gross yield

Median sale from 46 recorded sales (last 12 months) — a Districts calculation.

See the full Indooroopilly report →

Vs Indooroopilly

+1.3%

Median sale

Suburb $1,855,000

-0.03 pp

Gross yield

Suburb 2.11%

Suburb median $1,855,000 from 46 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$1,880,00018 Apr 2026
  2. Listedprice unknowncompleted23 Mar 2026
  3. Listedprice unknowncompleted23 Mar 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?

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 $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.

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

Indooroopilly in one glance

Indooroopilly at a glance

15,660

People

$1,855,000

Median sale

$752/wk

Median rent

2.11%

Suburb gross yield

Median sale from 46 recorded sales (last 12 months) — a Districts calculation.

See the full Indooroopilly report →

Keep researching

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

Listing material

Listed by Ray White Indooroopilly

Tri-Level Home - Perfectly Positioned & Move in Ready!

Positioned in an elevated and leafy pocket of Indooroopilly, this beautifully presented tri-level residence offers a superb blend of space, privacy and lifestyle. Designed to embrace its peaceful surrounds, the home delivers generous proportions, multiple living areas and effortless indoor-outdoor entertaining - perfectly suited to modern family living.

Set back from the street and framed by established greenery, the home immediately feels private and welcoming. The thoughtful tri-level design creates excellent separation between living, entertaining and accommodation areas, allowing families to spread out while still enjoying connected living.

The main living level is bright, open and inviting, highlighted by a soaring vaulted ceiling that enhances the sense of space and natural light. The kitchen, dining and living areas flow seamlessly together, forming the true heart of the home. Large bi-fold doors open directly to the covered outdoor entertaining area, creating a seamless connection between indoor comfort and outdoor relaxation.

Read the full description

Overlooking the swimming pool, the expansive covered entertaining space is ideal for hosting family and friends or enjoying relaxed weekends at home. With its elevated position capturing breezes and leafy outlook, this outdoor area offers a private and tranquil setting for year-round enjoyment.

• Spacious open-plan living and dining area with bi-fold doors connecting seamlessly to the outdoor entertaining area

• Vaulted ceiling through the middle level creates a wonderful sense of light and space

• Modern kitchen with ample Caesarstone bench space, generous storage and functional layout

• Premium appliances including a V-ZUG Oven and 90cm Bosch Induction Cooktop

• Bi-fold servery window connecting the kitchen to the outdoor entertaining area

• Large covered outdoor entertaining area overlooking the swimming pool

• Sparkling in-ground swimming pool with low-maintenance surrounds

• Oversized master bedroom with generous built-in robes and ensuite

• Two additional bedrooms, both opening onto the elevated balcony with a leafy suburban outlook

• Dedicated home office or study, connected to the third bedroom - ideal for working from home or as a nursery

• Separate rumpus/family room providing additional living space and flexibility

• Well-appointed main bathroom with bath, shower and separate toilet

• Internal laundry and additional powder room

• Double lock-up electric garage with space for shelving

• Incredible storage throughout the home, including a separate storage room in the attic, under stair cupboard and floor to ceiling robes

• Air-conditioning to the main living area, master bedroom and bedroom two

• Plantation shutters installed throughout, enhancing both privacy and natural light control

• Bamboo flooring throughout and stylish renovations, all you need to do is move in!

• Elevated position capturing natural light and breezes

Location Highlights:

• 1.0 km to Indooroopilly Shopping Centre

• 1.6 km to Indooroopilly Train Station

• 850m to Indooroopilly State School (In Catchment)

• 2.2 km to Indooroopilly State High School (In Catchment) & St Peters College

• 4.1 km to the University of Queensland

• Close to local parks, cafes, bus stops and walking tracks

Listing description written by Jessica King, Ray White Indooroopilly — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Dishwasher
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Study
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.