Kelvin Grove at a glance
9,724
People
$1,520,000
Median sale
$641/wk
Median rent
2.19%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
QLD › Kelvin Grove › Rusden St
0
Bedrooms
0
Bathrooms
1
Car spaces
197 m²
Land
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
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
No recorded sale price for this property yet.
Kelvin Grove at a glance
9,724
People
$1,520,000
Median sale
$641/wk
Median rent
2.19%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
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 $641/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Kelvin Grove at a glance
9,724
People
$1,520,000
Median sale
$641/wk
Median rent
2.19%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Paddington (Qld)Opportunities like this rarely come to market! This is your chance to secure 13-15 Rusden Street, Kelvin Grove, an exceptional property with endless potential. Whether you're looking to land bank, develop, or renovate, this is truly a once-in-a-lifetime investment.
With a DA/BA already in place, you can move the charming Queensland cottage at 13 Rusden and transform it into your 4-bedroom dream home. Additionally, there's the exciting possibility to build an additional brand-new, modern 4-bedroom home with a double garage on lot 15 Rusden.
Currently, set on a 404m2 block, this character-filled 3-bedroom Queenslander captures the true spirit of Kelvin Grove. With its traditional VJ walls, high ceilings, and original features, including a welcoming front verandah, this cottage offers timeless appeal and a solid foundation for future enhancements.
Option 1.
Be a passive investor. Rent out the 3-bedroom house "as is" and land bank 404m2 for the future and see your investment grow.
Option 2.
A Prime Development Opportunity with DA and BA Approvals in place. Building Approval Plans for 13 Rusden Street, which checks all the boxes, are available upon request.
Seize this incredible opportunity to bring your dream home to life! All the hard work has been done, with DA and BA approvals in place, making this "shovel-ready" project a rare find. Transform the original cottage into an exceptional two-level 4 Bedroom residence, featuring an impressive street frontage, secure garaging, and off-street parking.
In addition, you have the option to unlock even more potential: Once the cottage is lifted, moved and renovated, the adjoining Lot 15 Rusden becomes a valuable asset. You can choose to sell the vacant lot, build a brand-new modern home, or simply keep it as an extended garden for your newly renovated residence. Concept Plans and Drawings are available for the Contemporary New Build House on Lot 15.
As for the location, you are just 3km from the Brisbane CBD, there is easy access to Kelvin Grove State College (Prep to Year 12), Kelvin Grove QUT Campus, Urban Village, parks, shops, restaurants, public transport and a stone's throw away from Red Hill and Paddington.
This is a truly unique opportunity to create your ideal living space and maximize your investment. Don't miss out! So many choices for owner occupiers, renovators, investors, developers and or builders. This unique and rare opportunity will not last long. For further information and to inspect the property, please contact Anne Gunson on 0407 114 189.
This property is being sold without a price therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Land dimensions and information are sourced from CoreLogic & B.C.C and should be used as a guide only.
Whilst all reasonable attempts have been made to verify the accuracy of the information provided, the Selling agents confirm that they cannot guarantee accuracy of the same and accept no liability (express or implied) in the event that any information provided here is inaccurate. Parties must ensure they make their own due diligence enquiries to satisfy themselves about the accuracy of the information. This information provided is indicative only and must not be relied upon unless confirmed.
Listing description written by Anne Gunson, Ray White Paddington (Qld) — reproduced as published, not verified by Districts.