Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

QLD › East Brisbane › Phipps St

15 Phipps St, East Brisbane QLD 4169

For saleHouse

$1,150,000

For sale

$1,150,000

Last sold

13 Apr 2024

2

Bedrooms

1

Bathrooms

2

Car spaces

405 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 28 July 2026)
  • FactLand 405 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in East Brisbane (last 5 years) with land size: median $3,896/m² of land (n=60). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationIf it leased at East Brisbane's advertised median rent ($703/wk), implied gross yield would be 3.18% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

$1,150,000

13 Apr 2024 · derived via latest_sale

Local land rate: recorded House sales in East Brisbane (last 5 years) with land size have a median of $3,896/m² of land (n=60). Districts calculation from recorded sales — not a valuation.

East Brisbane at a glance

6,977

People

$1,740,000

Median sale

$703/wk

Median rent

2.10%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full East Brisbane report →

Vs East Brisbane

-33.9%

Median sale

Suburb $1,740,000

+1.08 pp

Gross yield

Suburb 2.10%

Suburb median $1,740,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,150,000
Stamp Duty (Queensland)
$46,650
Transfer/Registration Fee
$4,764
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
$1,205,114

$55,114 on top of the price (4.8% 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 East Brisbane's advertised median rent — not a rent for this listing.

Net yield
1.68%
Annual cashflow (pre-tax)
$-40,494
Interest cover (DSCR)
0.32
Annual rent
$36,556
Operating expenses
$17,250
Loan amount
$920,000
Annual interest
$59,800
Gross yield
3.18%

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 data is being calculated

Development activity

Data unavailable

Source

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

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. Listedprice unknownavailable28 July 2026
  2. Sold$1,150,00013 Apr 2024
  3. Listedprice unknowncompleted20 Mar 2024
  4. Listedprice unknowncompleted20 Mar 2024

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $703/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

    Planning layers have not been retrieved for this property yet.

  • 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 (pending). 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

    Development applications have not been queried 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

East Brisbane in one glance

East Brisbane at a glance

6,977

People

$1,740,000

Median sale

$703/wk

Median rent

2.10%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full East Brisbane report →

Keep researching

  • Why East Brisbane? Read the area thesis →
  • What else is on the market in East Brisbane →
  • Other records on Phipps St →

Listing material

Listed by Aurora Property Brisbane

Timeless Character, Thoughtfully Reimagined for Modern Family Living

Great homes are rarely defined by what you see first. They are shaped by the decisions made long before the finishing touches are applied-good design, quality workmanship and a genuine understanding of how people want to live.

15 Phipps Street is the result of that thinking.

Beautifully reimagined by respected builder and developer Savbuild, this is a home where nothing feels like an afterthought. Every stage of the renovation has been approached with care, from the structural work through to the final finishes, creating a home that feels substantial, timeless and effortlessly liveable.

Read the full description

What makes this home special isn't simply that it's new inside. It's the way the renovation has respected the character of the original home while introducing the comfort and functionality expected of modern family living. The result feels balanced-warm, inviting and designed to age gracefully rather than follow short-lived trends.

The kitchen sits naturally at the centre of the home, connecting generous living and dining spaces before opening seamlessly onto the rear entertaining deck. It is an easy home to imagine living in, where everyday family life flows just as comfortably as entertaining friends on a Saturday afternoon.

Throughout the home, thoughtful details quietly improve the way it lives. Skylights draw natural light into the bathrooms, the upstairs laundry is exactly where a family wants it to be, and every space has been planned with practicality in mind rather than simply maximising floor area.

Beyond the finishes lies the part of the renovation that many buyers never see, but ultimately appreciate the most. Savbuild's approach extended well beyond appearances, with enhanced insulation, waterproofing and construction detailing completed to a standard that exceeds typical residential expectations. Premium ABI Interiors fixtures, deluxe kitchen appliances and beautiful Spotted Gum timber flooring complete a home where quality is evident in both the visible details and the hidden workmanship.

Outside, the gardens have been professionally landscaped using predominantly native planting, creating a private, low-maintenance setting that complements the home's architecture without demanding constant upkeep.

Offering three generous bedrooms, two beautifully appointed bathrooms and secure accommodation for two vehicles, the home strikes an ideal balance between character, comfort and everyday practicality.

Positioned in one of East Brisbane's most connected pockets, everything that makes inner-city living so appealing is close at hand. The CBD, South Bank and The Gabba are only minutes away, while some of Brisbane's most highly regarded schools, local cafés, parklands and transport options are all within easy reach. It is a location that delivers exceptional convenience without sacrificing the quieter neighbourhood feel that continues to draw families to East Brisbane.

Homes like this are becoming increasingly difficult to find-not because they have been renovated, but because they have been renovated properly. Behind every finish is careful planning, skilled craftsmanship and a clear focus on creating a home that will continue to perform just as well as it looks.

For buyers who value quality over shortcuts, this is a home that speaks for itself.

Property Highlights

-Beautifully reimagined by respected builder and developer Savbuild

-Three generous bedrooms, two beautifully appointed bathrooms and secure accommodation for two vehicles

-Renovated with a focus on longevity, practicality and timeless design

-Beautifully preserves the home's original character and charm

-Premium ABI Interiors fixtures and tapware throughout

-Deluxe kitchen appliances

-Stunning Spotted Gum timber flooring throughout

-Enhanced insulation, waterproofing and construction detailing completed beyond standard building requirements

-Open-plan kitchen, living and dining flowing seamlessly onto the entertaining deck

-Skylights bringing abundant natural light into the bathrooms

-Convenient upstairs laundry designed for modern family living

-Professionally landscaped, low-maintenance native gardens

-Minutes from Brisbane CBD, South Bank and The Gabba

-Close to Brisbane's leading public and private schools

-Easy access to cafés, restaurants, parklands and public transport

-Enquire for the full Build Specifications and Schedule of Finishes

Listing description written by Ryan Lim & Lauren Tang, Aurora Property Brisbane — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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