Runcorn at a glance
15,927
People
$1,260,000
Median sale
$677/wk
Median rent
2.79%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
QLD › Runcorn › Penarth St
4
Bedrooms
2
Bathrooms
2
Car spaces
449 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Runcorn (last 5 years) with land size have a median of $2,158/m² of land (n=64). Districts calculation from recorded sales — not a valuation.
Runcorn at a glance
15,927
People
$1,260,000
Median sale
$677/wk
Median rent
2.79%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
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 $677/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
UnknownArea
Runcorn at a glance
15,927
People
$1,260,000
Median sale
$677/wk
Median rent
2.79%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Sunnybank HillsAuction in room - Tenancy 2G, 1 Miles Platting Road, Eight Mile Plains QLD 4113
Auction time: Saturday 26th July 2025 at 2:30pm
Nestled in one of Runcorn's most family-oriented and convenient streets, this stylishly updated home offers the perfect balance of space, comfort, and opportunity. Whether you're a first home buyer, a growing family, or an astute investor, 138 Penarth Street represents an exceptional opportunity in a highly sought-after location.
Situated on a generous, level block and surrounded by quality homes, this residence boasts spacious interiors, abundant natural light, and a private backyard-ideal for children, pets, or future improvements. Renovated with modern finishes throughout, the home features timber flooring in all living areas and tiled bathrooms for a clean, contemporary look.
The well-appointed kitchen is designed for practicality and style, offering ample storage, an electric cooktop, and a breakfast bar-perfect for casual dining or entertaining. The open-plan living and dining zones provide excellent flow and flexibility for everyday living or hosting family and friends. Outdoors, you'll find a covered patio and an upstairs balcony, creating versatile spaces for relaxing or enjoying the fresh air. Upstairs, the landing area has been smartly utilised as a study nook or home office, providing additional functionality without compromising space.
Key Features:
- Well-presented family home on a generous, level block
- Multiple living and dining spaces to suit a variety of needs
- Spacious bedrooms with built-in wardrobes
- Functional kitchen with ample bench space, storage, and breakfast bar
- Covered outdoor entertaining area overlooking a private backyard
- Covered carport & private backyard, ideal for families or future expansion
Location Highlights:
- Short walk to parks, schools, and childcare centres
- Close to Runcorn Plaza, Sunnybank Hills Shopping town & Warrigal Square
- Excellent public transport access - walk to nearby bus and train stations
- Within catchment of well-regarded local schools, Runcorn state and Runcorn state high.
- Just 20 minutes to Brisbane CBD via M3 or public transport
Move-In Ready with Endless Potential
Offering both lifestyle and location, this home is a fantastic opportunity to secure a foothold in one of Brisbane's most popular family suburbs.
Whether you're looking to move in immediately, lease out, or renovate in the future - 138 Penarth Street has the potential to grow with you.
Disclaimer: Due to QLD legislation which prohibits a seller or agent from providing a price guide for auction properties, a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
Listing description written by Kai kang, Ray White Sunnybank Hills — reproduced as published, not verified by Districts.
Nearby 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.