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QLD › Railway Estate › Eighth St

15 Eighth St, Railway Estate QLD 4810

Land

$575,000

Last sold

1 Oct 2024

3

Bedrooms

1

Bathrooms

1

Car spaces

406 m²

Land

91 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $575,000 (1 Oct 2024).(Recorded sale)
  • CalculationLand 406 m² against a 91 m² dwelling — the land is most of what is being bought.(Districts calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

What this lot has actually traded at

Last sold

$575,000

1 Oct 2024 · derived via latest_sale

Railway Estate at a glance

3,034

People

$650,000

Median sale

$502/wk

Median rent

4.02%

Suburb gross yield

Median sale from 54 recorded sales (last 12 months) — a Districts calculation.

See the full Railway Estate report →

Vs Railway Estate

-11.5%

Median sale

Suburb $650,000

+0.52 pp

Gross yield

Suburb 4.02%

Suburb median $650,000 from 54 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data unavailable for this jurisdiction (no_adapter:QLD)

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1
  • Parcel: 2SP282320

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. Sold$575,0001 Oct 2024
  2. Listedprice unknowncompleted26 Sept 2024
  3. Listedprice unknowncompleted26 Sept 2024
  4. Soldprice unknown12 Sept 2023
  5. Listedprice unknowncompleted10 Aug 2023
  6. Listedprice unknowncompleted10 Aug 2023

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?

Zoning is not available (no_adapter). 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (no_adapter). Missing layer is unknown, not “no.” 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 $502/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

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

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Zoning is not available (no_adapter).

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (no_adapter). 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

Railway Estate in one glance

Railway Estate at a glance

3,034

People

$650,000

Median sale

$502/wk

Median rent

4.02%

Suburb gross yield

Median sale from 54 recorded sales (last 12 months) — a Districts calculation.

See the full Railway Estate report →

Keep researching

  • Why Railway Estate? Read the area thesis →
  • What else is on the market in Railway Estate →
  • Other records on Eighth St →

Listing material

Listed by Need Property

Charming Inner City Cottage

Nestled in the heart of Railway Estate, this charming 3-bedroom house offers an unbeatable opportunity for first-time buyers and investors alike.

Packed with character and highlighted by designer finishes this stunning home has all the hard work done offering a true turn key solution for its new owners.

The Location:

Read the full description

Railway Estate is known for its friendly community and proximity to essential amenities. You'll be just a short distance from local parks, perfect for weekend picnics or casual strolls. The suburb's close-knit atmosphere makes it an ideal place to raise a family or settle down in a peaceful environment.

The Opportunity:

Don't miss out on this incredible chance to secure a home in a desirable location at an affordable price. With the market moving quickly, now is the time to act. Schedule your visit today and take the first step toward making this lovely house your new home.

Need To Knows:

- Recent Renovation Including New Roof and Stumps.

- 3 Generous Bedrooms

- Entertainers Kitchen Feat. Modern Appliances And Island Bench

- Well Appointed Family Bathroom W/Tub

- Ample Storage

- Internal Laundry Space

- Undercover Deck

- Jam Packed With Classic Features

- Fully Fenced Turfed Yard

- Off Street Parking

- Private Locale On Quiet Street.

Luke Need | 0432 773 223

Kya Faust | 0432 486 900

Listing description written by Luke Need, Need Property — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Deck
  • Floorboards
  • Fully Fenced
  • Outdoor Entertaining
  • Pay TV
Districts

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.