Kedron at a glance
10,535
People
$1,600,000
Median sale
$648/wk
Median rent
2.11%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
QLD › Kedron › Somerset Rd
For sale
For sale
13
Bedrooms
8
Bathrooms
9
Car spaces
1,310 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
Asking
No recorded sale price for this property yet.
Kedron at a glance
10,535
People
$1,600,000
Median sale
$648/wk
Median rent
2.11%
Suburb gross yield
Median sale from 31 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 $648/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
Kedron at a glance
10,535
People
$1,600,000
Median sale
$648/wk
Median rent
2.11%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Havig & JacksonPositioned in the heart of highly sought-after Kedron, 16 Somerset Road presents an exceptional opportunity to secure a well-maintained block of eight apartments in one of Brisbane's most connected inner-north locations. Fully tenanted and generating immediate rental income of approximately $209,040 per annum, this is a rare blue-chip investment offering only minutes from the Brisbane CBD, Airport Link, public transport, cafes and major shopping precincts.
Comprising a mix of 1, 2 and 3 bedroom apartments, the complex has been thoughtfully updated over time and offers functional layouts, modern kitchens, updated bathrooms, polished timber flooring and open-plan living throughout. With onsite parking and strong tenant appeal, the property is ideally suited to investors seeking a secure holding with long-term upside.
Set within a quiet complex with elevated suburban outlooks, 16 Somerset Road combines convenience, income security and future potential in one outstanding location.
Property Features:
- Fully tenanted investment returning approximately $209,040 per annum
- 8 fully leased apartments, consisting of 1 three-bedroom apartment, 3 two-bedroom apartments and 4 one-bedroom apartments
- Modern kitchens and updated bathrooms
- Polished timber flooring throughout
- Allocated onsite car accommodation
- LMR2 Low-Medium Density Residential zoning (2 or 3 storey mix)
- Minutes to Westfield Chermside, Airport Link and public transport
- Easy access to Brisbane CBD
Opportunities to acquire a fully leased apartment complex in such a tightly held inner-north location are exceptionally rare. Enquire today for further information or to arrange an inspection.
Tony Mower - 0419 233 783 Jo Mower - 0419 233 787
Listing description written by Tony Mower, Havig & Jackson — reproduced as published, not verified by Districts.