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QLD › Scarborough › Landsborough Ave

159 Landsborough Ave, Scarborough QLD 4020

For saleHouse for Sale

$4,950,000

For sale

Asking

5

Bedrooms

2

Bathrooms

2

Car spaces

1,322 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $4,950,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $4,950,000(Listing record · 5 May 2026)
  • FactLand 1,322 m²; no building size recorded.(Property record)
  • CalculationAsk is 281% above the Scarborough median recorded sale ($1,300,000, n=71, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Scarborough's advertised median rent ($703/wk), implied gross yield would be 0.74% — 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

$4,950,000

Asking · $3,744/m² of land

No recorded sale for this property.

Scarborough at a glance

10,502

People

$1,300,000

Median sale

$703/wk

Median rent

2.81%

Suburb gross yield

Median sale from 71 recorded sales (last 12 months) — a Districts calculation.

See the full Scarborough report →

Vs Scarborough

+280.8%

Median sale

Suburb $1,300,000

-2.07 pp

Gross yield

Suburb 2.81%

Suburb median $1,300,000 from 71 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$4,950,000
Stamp Duty (Queensland)
$265,150
Transfer/Registration Fee
$22,457
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
$5,241,307

$291,307 on top of the price (5.9% 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 Scarborough's advertised median rent — not a rent for this listing.

Net yield
-0.76%
Annual cashflow (pre-tax)
$-295,094
Interest cover (DSCR)
-0.15
Annual rent
$36,556
Operating expenses
$74,250
Loan amount
$3,960,000
Annual interest
$257,400
Gross yield
0.74%

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. Listed$4,950,000available5 May 2026

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

Gross yield if leased at the suburb aggregate is 0.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Scarborough in one glance

Scarborough at a glance

10,502

People

$1,300,000

Median sale

$703/wk

Median rent

2.81%

Suburb gross yield

Median sale from 71 recorded sales (last 12 months) — a Districts calculation.

See the full Scarborough report →

Keep researching

  • Why Scarborough? Read the area thesis →
  • What else is on the market in Scarborough →
  • Other records on Landsborough Ave →

Listing material

Listed by One Agency Redcliffe

Development site/luxury home - Scarborough Waterfront Property on 1,322m² (over 3 lots)

ALERT to Developers, Land-bankers and big block admirers. This property sits in a PRIME DEVELOPMENT location with beautiful views of Moreton bay, the islands and beyond. The block comprises 3 x separate lots and would be ideal for new houses or a luxury unit development (STCA). Alternatively, live in the property as it is and enjoy this premiere Scarborough location just moments north of the village.

A little bit more about the property:

159 Landsborough Avenue is located in one of Scarborough’s most sought-after waterfront locations, offering breathtaking views across the bay to Moreton Island. Set over THREE lots, this property provides an excellent opportunity for a large or multi-generational family seeking a generous block with a premium coastal lifestyle, plus the added benefit of future potential.

Read the full description

Key Features of the Home:

Prime Waterfront Location: Enjoy unobstructed water and island views that are never to be built out, with the beach, parks, cafés, restaurants, and Scarborough Village just a short stroll away. This unbeatable location offers a relaxed, convenient lifestyle with local amenities at your doorstep.

Spacious Living Areas: The home offers functional living spaces, including a large open-plan rumpus room downstairs with kitchenette, three substantial bedrooms, and a family bathroom & laundry. The main living areas and kitchen are upstairs to make the most of the views. The master suite is also located to the front of the first floor and it positioning allows you to watch the sunrise from your bed!

Freshly Painted Exterior: The exterior of the home has been freshly painted, giving it a neat and well-maintained appearance.

External Features:

Scarce 1,322m² Block on 3 Lots with 25m frontage: This size property, especially in a prime waterfront location, is rare and offers great potential for future development (subject to council approval).

Inground Pool & Entertaining Areas: Enjoy the inground pool with a water fountain, plus two covered entertaining areas—perfect for hosting guests or relaxing outdoors.

Fully Fenced & Gated with Dual Access: The fully fenced yard, with dual side access, provides easy access for storage of boats or caravans.

Manicured Gardens & Lock-up Garages: The property includes beautifully maintained lawns and gardens, along with two single lock-up garages and a carport for ample vehicle storage.

Location & Lifestyle:

Waterfront Living: With unobstructed bay views across to Moreton Island, this location offers an idyllic coastal lifestyle. Morning walks along the waterfront with stunning sunrises will become part of your everyday routine!

Convenience at Your Doorstep: The property is within walking distance of Scarborough Village, offering shops, cafés, restaurants, and local amenities. Public transport is easily accessible, and quality schools are nearby.

While the home is very comfortable and well-located, the rare 1,322m² block on three lots offers future development potential, making this property an exceptional long-term investment or family home in an enviable location.

Call Stephan or Jo today to arrange your private inspection.

Listing description written by Stephan Siegfried, One Agency Redcliffe — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • In-Ground Pool
  • Toilets: 3

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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.