Wavell Heights at a glance
11,245
People
$1,570,000
Median sale
$656/wk
Median rent
2.17%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
QLD › Wavell Heights › Pedley St
$1,506,000
Last sold
9 Dec 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
607 m²
Land
607 m²
Building
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
$1,506,000
9 Dec 2025 · derived via latest_sale
Local land rate: recorded House sales in Wavell Heights (last 5 years) with land size have a median of $2,489/m² of land (n=141). Districts calculation from recorded sales — not a valuation.
Wavell Heights at a glance
11,245
People
$1,570,000
Median sale
$656/wk
Median rent
2.17%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Vs Wavell Heights
-4.1%
Median sale
Suburb $1,570,000
+0.10 pp
Gross yield
Suburb 2.17%
Suburb median $1,570,000 from 75 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 $656/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
Wavell Heights at a glance
11,245
People
$1,570,000
Median sale
$656/wk
Median rent
2.17%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White NundahRegister & Stream the Auction live online through the following link: https://raywhitenundah.com.au/watch-our-auctions-live
Original to the area & beautifully looked after, on a short street front where each neighbour shares a proud history of being the first few homes established in this pocket of Wavell Heights.
Awaiting new owners to love, occupy & grow from one generation to the next, continuing its purpose & tradition. Attributed with special location & block size, the potential for further improvements is almost limitless for this homestead in blue-ribbon Wavell Heights.
Features:
• Genuine Post-War home
• Nesting upon its original Elevated & Eastern 607sqm allotment
• Vast frontage, with a 9.4m set-back from the letterbox to the road
• Immaculately maintained home, internally & externally with light internal updates of fixtures throughout
• Ornate highlights on the ceilings & newly refurbished, original, timber flooring all through
• Spacious living & dining area with ceiling fan & air-con
• Maintained & classic kitchen. Electric oven, dishwasher, with ample cabinetries & stainless benching
• 3 bedrooms, each with ceiling fans & the main with own air-con
• Formal entry space & sunroom that can be easily utilised as a media room, large office or a social & sitting space
• Original & quaint bathroom; vanity with shower & bath combination
• Dedicated full laundry room that could also be shared for other uses such as an internal hobby space or smart storage
• Separate toilet
• Covered rear patio zone at the rear of the home
Underneath:
• Underneath; lock-up garage, internal access with multiple workshop spaces & dry storage options
• Carport & additional driveway parking
• Conventional backyard, great space with plumbed storage shed & side access(s)
• Three-phase power (workshop)
Additional:
• Internal repaint of the home, completed 2025
• Timber flooring professionally sanded & refurbished, completed 2025
• Tool & garden shed
• Water tank
• Fully fenced block with front to back side access
• Renovate further, extend, lift, shift and/or remove (STCA)
Rent Potential:
• $695 to $720 per-week
Lifestyle:
• On the cusp of both Wavell Heights & the heart of Virginia
• 10km to Brisbane CBD (15 minute drive)
• Nundah Rail & Bus system within a short drive | 5 train stops to Brisbane CBD
• Brisbane Airport & Precinct - 10 minute drive
• Westfield Chermside Shopping Centre - 15 minute drive
• Stones throw to Nundah Village; cafes, evening hospitality, gyms, bars & specialty shops
• Variety of quality schooling within the circumference
• Access to excellent bicycle & walkways, lifestyle
For further information or to arrange a viewing, please contact Mathew Watene on 0428 188 789 or Hannah Bush on 0458 206 208
Our genuine sellers have set an auction date of Tuesday the 9th of December, from 11:00am, online, if not sold prior. A price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes
These images have been digitally styled with items & furniture for the purpose of visual portrayal
Listing description written by Mathew Watene, Ray White Nundah — reproduced as published, not verified by Districts.