Paddington at a glance
9,311
People
$2,100,000
Median sale
$775/wk
Median rent
1.92%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
QLD › Paddington › Kennedy Tce
$4,000,000
Last sold
8 Apr 2026
5
Bedrooms
4
Bathrooms
2
Car spaces
698 m²
Land
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
$4,000,000
8 Apr 2026 · derived via latest_sale
Local land rate: recorded House sales in Paddington (last 5 years) with land size have a median of $5,146/m² of land (n=53). Districts calculation from recorded sales — not a valuation.
Paddington at a glance
9,311
People
$2,100,000
Median sale
$775/wk
Median rent
1.92%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Vs Paddington
+90.5%
Median sale
Suburb $2,100,000
-0.91 pp
Gross yield
Suburb 1.92%
Suburb median $2,100,000 from 35 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Brisbane City Plan 2014
Zone
Character residential (Character)
CR
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 Character residential (Character) · CR (Brisbane City Plan 2014). Official parcel area about 234 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 $775/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 Character residential (Character) · CR (Brisbane City Plan 2014). Official parcel area about 234 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.
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?
KnownmediumNo 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.
Area
Paddington at a glance
9,311
People
$2,100,000
Median sale
$775/wk
Median rent
1.92%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White AshgroveUnveiling breathtaking elevation with sweeping vistas across the Brisbane City skyline and leafy surrounds, this residence presents a statement in character-rich luxury and inspired family living. Resting on 698sqm, the home has been masterfully transformed by Keiron Gait Architects, with heritage charm and contemporary design coalescing into timeless elegance.
Spanning three levels serviced by a striking glass lift, the home is immersed in natural light that pours through expansive windows. Original features are beautifully reinvigorated, while cathedral ceilings and bespoke lighting introduce a dramatic sense of scale and style.
Ascending upstairs, the top floor reveals an open oasis where lounge, dining and meals areas unfold around a statement kitchen designed to inspire the resident chef. An expansive island bench flows to a breakfast bar, while integrated window seating creates a spectacular vantage point overlooking the glittering city skyline.
Glass doors extend this living retreat to an elevated deck, and another deck rests below, where ornate iron balustrades frame views across the meticulously manicured gardens and lawns, inviting children's play. Beyond, a stunning swimming pool is encircled by floating stepping stones that lead to a private gazebo and sun deck, forming a serene sanctuary for relaxation and unforgettable gatherings.
The house offers large-scale living with five bedrooms, a rumpus, and a multipurpose room/study. The top-floor master suite is a haven with a walk-in robe and a luxurious ensuite, and the house includes three additional bathrooms and a powder room.
Elevated at Paddington's peak, this address combines lifestyle and location within 4km of the CBD. Ithaca Creek State School is only 550m away, Avenues Early Learning is 180m from your door, and you are in proximity to the city's prestigious private schools and QUT. Bus stops and the local cafe are conveniently placed 70m away, and parks, bikeways and Broncos Leagues Club are all within walking distance. With Paddington's famed shopping and dining precinct within 800m, everything you could ask for is on your doorstep.
Property Summary:
• Elevated heritage home renovated by Keiron Gait Architects on 698sqm
• Lounge, dining, meals space, kids' rumpus, multipurpose room/study
• Luxury entertainer's kitchen with double ovens and high-end appliances
• Dual decks, sun deck, gazebo, swimming pool, landscaped lawns
• 5 bedrooms, 4.5 bathrooms, secure 2-car garage, dedicated storeroom
• Top-floor master suite with a walk-in robe and luxurious ensuite
• Secure keypad gate, glass lift, ducted and split system air-conditioning
• Energy-efficient 12.45kW solar system (30x LONGi green energy panels)
• Tesla Powerwall battery with 13.5kW storage installed in Dec 2023
• Walk to Ithaca Creek State School, childcare, cafe and bus stops
Don't miss your chance to secure this exquisite sanctuary. Enquire today to schedule a viewing and see what this property offers.
Listing description written by Adam Downes, Ray White Ashgrove — reproduced as published, not verified by Districts.