Herston at a glance
2,909
People
$1,350,000
Median sale
$628/wk
Median rent
2.42%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
QLD › Herston › Butterfield St
$612,900
Last sold
11 Mar 2016
3
Bedrooms
1
Bathrooms
1
Car spaces
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
$612,900
11 Mar 2016 · derived via latest_sale
Herston at a glance
2,909
People
$1,350,000
Median sale
$628/wk
Median rent
2.42%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
Vs Herston
-54.6%
Median sale
Suburb $1,350,000
+2.91 pp
Gross yield
Suburb 2.42%
Suburb median $1,350,000 from 9 recorded sales (last 24 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 $628/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
Herston at a glance
2,909
People
$1,350,000
Median sale
$628/wk
Median rent
2.42%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Harcourts Solutions Inner CityYou are going to fall in love with this gorgeous Queenslander. Situated inner city, this bright and spacious three bedroom home offers the perfect balance between convenience and peaceful living. The house is surrounded by recreational parkland, bikeways, weekend markets, shops, the hospital, QUT Kelvin Grove and Victoria Park Golf Course.
A classic Queenslander cottage, this beautiful home still retains it's original charm; the ornate fretwork, picture rails, wide wooden floorboards and VJ walls. The bright and welcoming kitchen offers plenty of space making it perfect for casual entertaining or a home-cooked meal. The kitchen leads into a sunken living area featuring a lovely sloped wooden ceiling (a beautiful cottage detail) complete with skylight. The living space opens out to the rear deck offering park outlook and a super-sized backyard. This tropical retreat is comfortably shaded and perfectly sized for children playing and active pets.
Property Features:
- A well-proportioned 531sqm block situated in the beautiful Herston with tree lined streets full of Workers cottages and Queenslanders.
- The original features have been lovingly maintained including fretwork, VJ walls, picture rails and wide wooden floors throughout the home (some hidden under carpet).
- The 3 large bedrooms all fit double or queens sized beds and all include ceiling fans.
- The kitchen, whilst slightly retro in style, is in great condition. It could be easily updated if you would prefer something more modern.
- The upper level is completed with a dining zone which fits a large dining table and chairs and the family bathroom.
- Down a couple of stairs is the large lounge room with a beautiful sloping wooden ceiling and wooden floors. The renovations were completed with a great blend of pre-war and post-modern styling.
- Off the lounge room is a lovely big undercover balcony which looks out over the backyard.
- The backyard is one of the best parts of this home, full of trees, lovely and private, and over the fence is a huge parkland and bikeways.
- Underneath the house includes parking for 1 car, and plenty of storage as well as a completely built-in laundry room.
- The yard is fully fenced and has plenty of grassed area for children and pets to play.
The Location:
Butterfield St is incredibly popular with families and young couples looking to get into the inner city market and most of the properties have undergone fantastic renovations over the past few years.
Herston is a small Inner City suburb with a population of about 1,800 residents. It is dominated by the Royal Brisbane and Women's Hospital. The hospital campus is also shared by the Queensland Institute of Medical Research, New Dental Hospital and the Royal Children's Hospital.
The suburb is also well known for the Victoria Park Golf Complex, a favourite amongst Brisbane golfers (and mini-golfers too!) and a beautiful complex for weddings and events. It is the always the home of a major Bus way making transport anyway is Brisbane for Herston super easy.
Herston is mostly a residential suburb; many of Herston's residents are employed by the hospital, the nearby at the Queensland University of Technology in Kelvin Grove or make the short 3km trip to the CBD. There is also a significant student population that studies at the university.
The nearby Kelvin Grove Urban Village offers great shopping including many Restaurants and Cafes, a local Supermarket, Butcher, Chemist and with many other great amenities and services such as banking with the local BOQ, Dentists, Doctors, and a fantastic Gym. Every Saturday the Village holds a Farmers market from 6am-1pm. You are also only moments away from the Newmarket shops. Also, you can make great use of the Northey Street Organic farmers markets every Sunday - arguably Brisbane's best markets.
For more information prior to the inspection please call Bridget.
Listing description written by Bridget Gabites, Harcourts Solutions Inner City — reproduced as published, not verified by Districts.