Kelso at a glance
11,067
People
$628,750
Median sale
$513/wk
Median rent
4.24%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
QLD › Kelso › Riverway Dr
$599,000
For sale
Asking
3
Bedrooms
2
Bathrooms
3
Car spaces
1,619 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
Asking
$599,000
Asking · $370/m² of land
No recorded sale for this property.
Kelso at a glance
11,067
People
$628,750
Median sale
$513/wk
Median rent
4.24%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
Vs Kelso
-4.7%
Median sale
Suburb $628,750
+0.21 pp
Gross yield
Suburb 4.24%
Suburb median $628,750 from 60 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$25,884 on top of the price (4.3% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Kelso's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $513/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.
Gross yield if leased at the suburb aggregate is 4.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
Kelso at a glance
11,067
People
$628,750
Median sale
$513/wk
Median rent
4.24%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White KirwanPositioned on an expansive 1,619m block with dual street access, this property presents a rare, value-packed opportunity for savvy investors, renovators, developers, and growing families alike. Offering exceptional bones and legal height downstairs area, this high-set home is the ultimate blank canvas ready for transformation.
For all inspections, please access the property via the back of the block entrance on Miles Avenue, as Riverway Drive access is very limited due to roadworks. Currently, access is easiest from Allambie Lane, turning onto Miles Avenue.
This well-lived-in home will require some freshening up and maintenance before tenancy or occupancy. The property is selling "as is" , including numerous furniture items remaining in the house and shed.
Upstairs Layout
• Living & Dining: Bright, open living and dining area featuring polished hardwood floors and direct access to a quiet front porch.
• Kitchen & Amenities: An updated kitchen with ample cabinetry and bench space, serving 3 comfortable bedrooms and a central family bathroom.
• Access: Internal stairs currently connect the upper and lower levels.
Downstairs Layout
• Legal-Height Space: The ground floor is fully legal height and currently configured with 2 large multi-purpose rooms along with a combined bathroom/laundry.
• Dual-Occupancy Conversion: By enclosing the internal stairs and adding external access, this property can easily be split into two independent, self-contained living spaces-creating a high-yielding dual-rental stream or ideal multi-generational setup.
Grounds & External Highlights
• Massive 1,619m block: Endless space with huge upside potential for subdivision or building a second independent dwelling (subject to council approval).
• Rear Access via Miles Avenue: Direct, wide access from the rear makes maneuvering large vehicles, caravans, boats, or machinery effortless.
• 3-Bay Block Shed: Solid block construction provides a secure, versatile space ideal for a home workshop, storage, or car enthusiast.
• Endless Backyard Space: Substantial room remains for a resort-style swimming pool, second dwelling, and plenty of lawn for children and pets to run free.
Whether you are a developer looking for your next profitable project, an investor seeking maximum yield, or a large family wanting space, storage, and room to grow, this home is packed with options. Contact us today to arrange your inspection and explore the possibilities!
Listing description written by Cameron McDougall, Ray White Kirwan — reproduced as published, not verified by Districts.