Norman Park at a glance
7,408
People
$1,825,000
Median sale
$758/wk
Median rent
2.16%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
QLD › Norman Park › Morehead Ave
$1,435,000
Last sold
16 Oct 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
506 m²
Land
Districts View
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
$1,435,000
16 Oct 2023 · derived via latest_sale
Local land rate: recorded House sales in Norman Park (last 5 years) with land size have a median of $3,654/m² of land (n=87). Districts calculation from recorded sales — not a valuation.
Norman Park at a glance
7,408
People
$1,825,000
Median sale
$758/wk
Median rent
2.16%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Vs Norman Park
-21.4%
Median sale
Suburb $1,825,000
+0.59 pp
Gross yield
Suburb 2.16%
Suburb median $1,825,000 from 47 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $758/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.
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
Norman Park at a glance
7,408
People
$1,825,000
Median sale
$758/wk
Median rent
2.16%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX Results MorningsideNestled on prestigious Morehead Avenue, this home offers a unique and exciting opportunity. Set on a generous 506sqm block in a serene and family-friendly street, it presents an exceptional canvas for those seeking a lifestyle that combines tranquility with remarkable potential.
As you approach this charming residence, you'll be welcomed by a breezy front deck that sets the tone for what lies within. Step through the entrance into the inviting living area, complete with a cozy fireplace, creating an atmosphere of warmth and comfort that immediately feels like home.
The heart of this property lies in its open-plan layout, where the well-appointed kitchen takes center stage. Fitted with quality fixtures and ample storage, it's a space where culinary creations come to life. The dining area seamlessly flows out to the outdoor entertaining deck, offering a picturesque view of the expansive backyard, where the possibilities are endless. Whether it's hosting gatherings with loved ones or savoring your morning coffee, this outdoor space is destined to be a hub of enjoyment.
The home features four bedrooms, with the master bedroom offering a touch of luxury with its ensuite and direct access to the outdoor deck. This is where you can start your day with a breath of fresh air and tranquility. The main bathroom caters to the needs of the remaining bedrooms, ensuring comfort and convenience for the entire family.
Additional Features:
• A single garage and a carport provide ample space for your vehicles.
• Solar panels ensure energy efficiency and cost savings.
• Two water tanks contribute to eco-conscious living.
• An additional roof storage loft unlocks extra space for your needs.
• Abundant under-house storage allows you to keep your living space clutter-free.
The location of 152 Morehead Avenue is second to none. Situated in the highly sought-after Norman Park area, you'll experience the best of both worlds. This property offers a peaceful, leafy neighborhood, where you can unwind and enjoy the serenity of the surroundings. Yet, you're just minutes away from the bustling Brisbane CBD, making it a perfect retreat for professionals and families alike.
Within walking distance, you'll find charming cafes, including the renowned Grumpy Monkey, and picturesque parks. For your shopping needs, Westfield Carindale is a mere 7 minutes away, ensuring you have all the retail options you desire. Norman Park is also surrounded by excellent schools and provides easy access to various public transport options, making it a hub of convenience.
Opportunities like 152 Morehead Avenue are a rare find, and this property will not last long in the market. Contact Dan today to avoid disappointment - 0431 727 441.
Listing description written by Dan Elliott, RE/MAX Results Morningside — reproduced as published, not verified by Districts.