Wakerley at a glance
9,118
People
$1,660,000
Median sale
$870/wk
Median rent
2.73%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
QLD › Wakerley › Underwood St
$1,850,000
Last sold
8 Mar 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
701 m²
Land
Districts View
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
$1,850,000
8 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Wakerley (last 5 years) with land size have a median of $2,286/m² of land (n=116). Districts calculation from recorded sales — not a valuation.
Wakerley at a glance
9,118
People
$1,660,000
Median sale
$870/wk
Median rent
2.73%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Vs Wakerley
+11.4%
Median sale
Suburb $1,660,000
-0.28 pp
Gross yield
Suburb 2.73%
Suburb median $1,660,000 from 25 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Brisbane City Plan 2014
Zone
Low density residential
LDR
Jurisdiction
Brisbane City Council
Brisbane, QLD
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
QLDZoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 704 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.
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
No advertised rent is recorded. Suburb median rent $870/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 704 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
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?
KnownmediumOfficial parcel about 704 m² — land size can look like optionality. 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
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Wakerley at a glance
9,118
People
$1,660,000
Median sale
$870/wk
Median rent
2.73%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Sold Property GroupCommanding an elevated 701m² parcel just footsteps from Wakerley Park, this distinguished four-bedroom plus study residence showcases grand proportions, timeless elegance and exceptional craftsmanship across two expansive levels. Beautifully renovated and impeccably maintained, the home delivers a refined, yet welcoming atmosphere designed for growing families who value space, style and comfort.
A set of statement double doors opens to an impressive entrance hall where soaring ceilings, deep hybrid timber flooring and a calming neutral palette create an immediate sense of volume and grace. The formal living room enjoys an expansive full-length window, capturing leafy outlooks and abundant natural light. At the centre of the home, the beautifully appointed farmhouse-style kitchen is both substantial and striking, appointed with premium appliances including a 900mm freestanding gas cooker, oversized island bench and extensive storage designed for effortless functionality.
The adjoining dining area provides a generous gathering space, flowing seamlessly into the family living room where raked ceilings and elegant VJ paneling further enhance the home’s architectural finesse. Siding doors extend the living domain to an expansive alfresco entertaining deck — a superb setting for hosting on any scale while overlooking the landscaped yard.
A dedicated study positioned at the front of the home offers a quiet and refined workspace, while the lower level also includes a well-appointed laundry with internal garage access and a powder room for guests.
Upstairs, the sense of space continues with a children’s retreat opening to a charming front veranda where you will love to watch the sun set and capture city glimpses. The king-sized master suite is privately positioned and impressively proportioned, complete with a walk-in robe and a luxurious ensuite featuring a twin floating vanity and oversized shower.
Bedrooms two, three and four are all generously queen-sized, providing genuine comfort and flexibility for family living, and are serviced by a beautifully appointed family bathroom with separate bath and shower.
Throughout the home, quality detailing including VJ walls, floating cabinetry, hardwood accents and decorative tiling reinforces the sense of enduring elegance.
Set within secure fencing and offering ample yard space for children and pets — with potential to add a pool (STCA*) — this exceptional residence combines scale, craftsmanship and everyday livability. Positioned within walking distance to Gumdale State School and moments from the bayside lifestyle of Wynnum and Manly, this is a home of distinction in one of Wakerley’s most sought-after family friendly pockets.
• Elevated 701m² position metres from Wakerley Park
• Fully renovated four-bedroom residence plus dedicated study
• Two expansive levels offering exceptional family proportions
• Multiple generous living zones for family flexibility
• Substantial farmhouse-style kitchen with 900mm freestanding gas cooker
• Expansive alfresco entertaining deck
• King-sized master suite with walk-in robe and luxurious ensuite
• Three additional genuinely queen-sized bedrooms
• Upstairs children’s retreat with veranda access
• Abundant storage throughout the home
• Secure, fully fenced yard with space for children and pets
• Potential to add a pool (STCA)
• Walk to Gumdale State School
• Moments to bayside lifestyle, shopping and major transport links
Listing description written by Keryn Osgerby, Sold Property Group — reproduced as published, not verified by Districts.
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