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QLD › Ascot › Butler St

15 Butler St, Ascot QLD 4007

For saleHouse

$1,595,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

405 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,595,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,595,000(Listing record · 25 May 2026)
  • CalculationRecorded House sales in Ascot (last 5 years) with land size: median $5,355/m² of land (n=42). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 42% below the Ascot median recorded sale ($2,750,000, n=21, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Ascot's advertised median rent ($726/wk), implied gross yield would be 2.37% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • FactZoned Low-medium density residential (2 or 3 storey mix) (LMR) under the Brisbane City Plan 2014.(Brisbane City Council · 31 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,595,000

Asking · $3,938/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Ascot (last 5 years) with land size have a median of $5,355/m² of land (n=42). Districts calculation from recorded sales — not a valuation.

Ascot at a glance

7,399

People

$2,750,000

Median sale

$726/wk

Median rent

1.37%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Ascot report →

Vs Ascot

-42.0%

Median sale

Suburb $2,750,000

+1.00 pp

Gross yield

Suburb 1.37%

Suburb median $2,750,000 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,595,000
Stamp Duty (Queensland)
$72,238
Transfer/Registration Fee
$6,860
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,677,798

$82,798 on top of the price (5.2% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Ascot's advertised median rent — not a rent for this listing.

Net yield
0.87%
Annual cashflow (pre-tax)
$-69,113
Interest cover (DSCR)
0.17
Annual rent
$37,752
Operating expenses
$23,925
Loan amount
$1,276,000
Annual interest
$82,940
Gross yield
2.37%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning scheme

Brisbane City Plan 2014

Zone

Low-medium density residential (2 or 3 storey mix)

LMR

Jurisdiction

Brisbane City Council

Brisbane, QLD

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: Brisbane City Council
  • Dataset: City Plan 2014 Zoning
  • Retrieved: 31 Aug 2026
  • Version: 2014
  • Parcel: 4RP34409

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$1,595,000available25 May 2026
  2. Soldprice unknown27 Aug 2021
  3. Listedprice unknowncompleted13 July 2021
  4. Listedprice unknowncompleted13 July 2021

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned Low-medium density residential (2 or 3 storey mix) · LMR (Brisbane City Plan 2014). Official parcel area about 401 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $726/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Knownmedium

    Zoned Low-medium density residential (2 or 3 storey mix) · LMR (Brisbane City Plan 2014). Official parcel area about 401 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

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    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

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Ascot in one glance

Ascot at a glance

7,399

People

$2,750,000

Median sale

$726/wk

Median rent

1.37%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Ascot report →

Keep researching

  • Why Ascot? Read the area thesis →
  • What else is on the market in Ascot →
  • Other records on Butler St →

Listing material

Listed by Coronis Ascot

Timeless Family Charm Steps from St Margaret's

Resonant with charm and perfectly placed for families, this triple-gabled character home rests on a private 405sqm parcel just 150m from St Margaret's, offering an enviable lifestyle in an esteemed Ascot setting. Alive with light and life, the house delights in leafy outlooks, lofty interiors and timeless appeal while presenting exceptional future potential for growing families.

Rich in classic detail, the residence reveals soaring ceilings, traditional timber and brick accents, beautiful leadlight glass, picture rails and decorative fretwork, creating a warm ambience infused with character and heritage elegance. Spacious interiors invite effortless living across multiple zones, with an expansive upstairs living room featuring air-conditioning, an additional lounge and dining area beside the kitchen, and further flexibility downstairs with a sitting room and multipurpose retreat.

Designed to embrace Queensland living, the residence encourages time outdoors amongst the open-air courtyards, where entertaining, quiet afternoons and family gatherings unfold beneath the arboured patio in complete privacy.

Read the full description

Three bedrooms and a multipurpose room upstairs are serviced by bathrooms on both floors, while excellent storage and secure parking provide everyday practicality.

Property features include:

- Charming character Queenslander at a sought-after Ascot address

- Multiple living, dining and multipurpose rooms across the home

- Well-appointed kitchen with a gas cooktop and abundant storage

- Open-air courtyards, plus an arboured gatehouse and patio

- Three bedrooms upstairs, two bathrooms (one on each floor)

- Extensive storage and utility space across the lower level

- Single-car secure garage and additional driveway parking

- Split system air-conditioning

Matching an exclusive lifestyle and family allure, this Ascot address offers exceptional living. Children can walk 150m to the highly sought-after St Margaret's, you are within the Ascot State School catchment, and renowned childcare, St Rita's, St Agatha's Primary and Clayfield College are just moments from your door.

Days can begin and end with playtime at Oriel Park and Crosby Park, followed by coffee and dining at the surrounding cafes and restaurants at Racecourse Road, Oriel Marketplace and Sandgate Road. Only 160m from bus stops, 5.5km from the CBD and 14 minutes from the airport, central convenience and lifestyle esteem await.

Disclaimer

"Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property. If this property is being sold by auction or without a price, a price guide cannot be provided. The website may have filtered the property into a price bracket for functionality purposes"

Listing description written by Oliver Jonker, Coronis Ascot — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Floorboards
  • Fully Fenced
  • Outdoor Entertaining
  • Rumpus Room
  • Secure Parking
  • Toilets: 2
  • Workshop
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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.