Riverhills at a glance
4,267
People
$1,244,444
Median sale
$687/wk
Median rent
2.87%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
QLD › Riverhills › Balaton St
$890,000
Last sold
3 Aug 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
583 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
$890,000
3 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Riverhills (last 5 years) with land size have a median of $1,451/m² of land (n=114). Districts calculation from recorded sales — not a valuation.
Riverhills at a glance
4,267
People
$1,244,444
Median sale
$687/wk
Median rent
2.87%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Vs Riverhills
-28.5%
Median sale
Suburb $1,244,444
+1.14 pp
Gross yield
Suburb 2.87%
Suburb median $1,244,444 from 22 recorded sales (last 12 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 $687/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
Riverhills at a glance
4,267
People
$1,244,444
Median sale
$687/wk
Median rent
2.87%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker Property Partners | Sunnybank HillsIf you're after a versatile first home or investment, you've struck gold here! This 2-storey boasts a light-filled upper level with 3 bedrooms, a bathroom, kitchen/dining, lounge and outdoor entertaining, and a self-contained ground floor space comprising its own kitchen/dining, a lounge/bedroom, bathroom and covered patio.
Highlights:
- Elevated private position on the high side of the street behind established front gardens
- Ideal layout for accommodating extended family, growing teens, guests, or as a rental
- Secure double garage with dual roller doors and laundry at the rear
- Bill-busting 4-5kW solar system, 5000L water tank, leafy gardens front/back, storage shed
- Walk to parks, river trails, Middle Park State School; 4 min drive to Metro shopping centre
Access to the first floor is off 2 external staircases. Out front, stairs lead to a lovely covered verandah opening into the lounge. The other staircase is out back, leading to a covered timber entertaining deck that opens through a screened slider into a tiled dining area and the kitchen.
A sweet archway connects the lounge and dining areas, and the kitchen look is country-style with a subway-tile splashback and moulded timber cabinetry embracing all-electric appliances including a dishwasher. Catering to parties on the rear deck from here will be a breeze!
The gorgeous original polished timber floors that grace the air-conditioned lounge continue through all 3 upstairs bedrooms. Each has a sliding door robe, the master with double the capacity and A/C, and share a full bathroom with a clean white colour palate, shower, bath, and separate toilet.
The downstairs set-up is flanked front and back by alfresco patios. The front one opens into a lounge room with hybrid timber floors. You could set this room up with a space-saving fold-out couch, or configure the whole areas as a bedroom with just an armchair or two in the corner.
Dual sliders separate this lounge from a tiled combined kitchen/dining area opening onto a covered rear patio overlooking a plant-filled, timber fenced yard. This kitchen might not be as big as the one above but it has adequate countertop space, an electric cooker/oven combo and ample storage. There's a full bathroom behind it, with a shower, vanity and toilet.
This leafy street is well-located for easy walks to child and dog-friendly parks and playgrounds, as well as waterside bushland trails along the Brisbane River. By car, it's only 2 minutes to Middle Park State School, 4 to Coles and speciality stores at Metro Middle Park, 5 to McLeod Country Golf Club, and 9 to Centenary State High.
Call Alex Fan today to get yourself some of the best buying in Brisbane's south-west!
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
Fans Real Estate Pty Ltd with Sunnybank Districts P/L T/A LJ Hooker Property Partners
ABN 74 512 885 661 / 21 107 068 020
Listing description written by Alex Fan, LJ Hooker Property Partners | Sunnybank Hills — reproduced as published, not verified by Districts.