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.
QLD › Pallara › Ritchie Rd
$1,940,000
Last sold
22 June 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
12,800 m²
Land
327 m²
Building
Districts View
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
$1,940,000
22 June 2021 · derived via latest_sale
Local land rate: recorded House sales in Pallara (last 5 years) with land size have a median of $2,810/m² of land (n=139). 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.
Vs Pallara
+67.4%
Median sale
Suburb $1,159,000
-1.45 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 scheme
Brisbane City Plan 2014
Zone
Low-medium density residential (Up to 3 storeys)
LMR
Jurisdiction
Brisbane City Council
Brisbane, QLD
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
QLDZoned Low-medium density residential (Up to 3 storeys) · LMR (Brisbane City Plan 2014). Official parcel area about 11,326 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.
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
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.
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low-medium density residential (Up to 3 storeys) · LMR (Brisbane City Plan 2014). Official parcel area about 11,326 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.
Area
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.
Listing material
Listed by Avenue PropertyALL PROPERTIES GROUP / SOLD BY CHRIS GILMOUR 0438 632 459
Nestled in the highly sought-after pocket of Pallara, this executive scale property is exceptionally located and presents a rare opportunity for the astute buyer to move in and develop into the future with subdivision (STCA).
Set on an astounding 1.28 hectares in a high-growth area, this property is designed on a grand scale. With a commanding presence, sophisticated façade, and manicured lawns, it creates an immediate impression of grandeur and charm with a spectacular natural and private backdrop.
Magnificently delivering the idyllic escape with semi-rural living with city conveniences, this elegant home is designed with a superb sense of style, space, and natural light. Exquisite soaring ceilings, cooling tiling, and custom built-in cabinetry are just some of the warm contemporary finishes, with a breathtaking sense of grandeur and fine attention to detail that is sure to impress.
Offering an unparalleled dining and entertaining experience, enjoy the options of two separate alfresco areas both with that picturesque outlook to natural peace and serenity. Enjoy a BBQ with friends, an evening glass of wine or just sit back, relax and take in the scenery as the kids play in their own natural playground! Never short of options for relaxing or areas to spend time with loved ones, this incredible home offers a large open plan dining, kitchen, and lounge, large separate rumpus on the lower level, and an additional living area on the upper level. Plus an enormous shed leaves opportunity for all your cars, caravan, or boat!
Featuring what can only be described as the enviably sized master bedroom, enjoy spectacular tree-lined elevated views from every window, a large walk-in robe, and an ensuite with his and her sinks! There is an additional three bedrooms on the upper level, and a dedicated study on the lower so you can enjoy the option to work from home or pursue further study.
Offering the ultimate culmination of executive lifestyle living with subdivision potential, this incredible estate is a once in a lifestyle opportunity. Close to shopping centers, parks, and schools, this quiet community is fast becoming one of the most sought-after areas for families. With a multitude of options for local schools including walking distance to Pallara Primary and St John’s which is consistently one of the top OP ranked schools in QLD, you are assured of excellent education in close proximity. Perfect for families and developers alike, this property will not last on the market for long.
Contact us for your exclusive viewing!
Features of this property include:
-1.28 hectares, subdivision potential
-Opulently sized master bedroom, walk-in robe, and ensuite
-Three additional large bedrooms plus a dedicated study
-4 entertaining areas
-Dual alfresco dining areas
-Kitchen with modern appliances, open plan design
-Manicured gardens
-Enormous shed (15M x 12M)
-Double lock-up garage
Disclaimer:
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Chris Gilmour, Avenue Property — reproduced as published, not verified by Districts.
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?
KnownmediumOfficial parcel about 11,326 m² — land size can look like optionality. 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
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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.