Carina Heights at a glance
7,832
People
$1,637,500
Median sale
$718/wk
Median rent
2.28%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
QLD › Carina Heights › Chataway St
$1,200,000
Last sold
7 Sept 2024
2
Bedrooms
1
Bathrooms
3
Car spaces
630 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
$1,200,000
7 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Carina Heights (last 5 years) with land size have a median of $2,146/m² of land (n=49). Districts calculation from recorded sales — not a valuation.
Carina Heights at a glance
7,832
People
$1,637,500
Median sale
$718/wk
Median rent
2.28%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs Carina Heights
-26.7%
Median sale
Suburb $1,637,500
+0.83 pp
Gross yield
Suburb 2.28%
Suburb median $1,637,500 from 24 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 $718/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.
Nearby
Area
Carina Heights at a glance
7,832
People
$1,637,500
Median sale
$718/wk
Median rent
2.28%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Tobin Real Estate Tobin Real EstateDeceased Estate Auction: 12.30pm, Saturday 7 September
Location: On-site
Deposit: $10,000 on auction day, then 5% of the purchase price by Monday 9 September
Settlement: 30 days from auction date
At a glance:
- Offered to market for the first time ever!
- Well maintained post-war home on an elevated, rear north facing 630sqms; 15.7m frontage
- Outstanding opportunity to renovate, rent out/landbank, or knock-down and rebuild*
- Tranquil, leafy street in a high-capital-growth enclave with many new luxury homes
- Beautiful district views across to nearby mountainous reserves; surrounded by parks
- Large lounge room; separate eat-in kitchen with timber cabinetry & modern appliances
- 3 spacious bedrooms; option to use one as a private home office/retreat with own access
- Original yet tidy bathroom with separate toilet
- Scope to open up/reconfigure the floorplan and for an extension to the front or rear
- Hardwood floorboards protected beneath existing carpets- scope to polish
- High ceilings; classic casement windows and gorgeous French door entry
- Reverse cycle air-conditioning; ceiling fans; security/insect screens capture breezes
- Double lock-up garage plus a covered carport & accommodation for further cars, boat, caravan
- Additional secure lower-level storage for trailer, bikes other recreational equipment
- Large fully fenced grounds/lawns; 2 covered alfresco areas with views; space for pool/deck
- Walk to bus, Westfield, parks, Whites Hill Reserve; near schools, Camp Hill Marketplace, arterials
- Current rental appraisal approximately $600-$650pw with minor improvements
Boasting a perfect rear north-facing aspect and beautiful green vistas from almost every angle, this expansive 630sqm property presents the ultimate opportunity to renovate, rebuild*, or landbank in coveted Carina Heights*.
Offered to market for the first time ever the high-set 1950's home sits in a whisper-quiet street, yet just a 600 metre walk from the spoils of Westfield Carindale.
Follow the lead of countless neighbours who have constructed brand-new luxurious family residences within this thriving enclave* Or take advantage of the existing home's charm by combining its original character details with a stylish modern update. Handy homebuyers and tradies seeking a weekend project should definitely come along to see the incredible potential!
Alternatively, investors may wish to undertake a quick, low-cost refurbishment (think fresh paint, carpet and landscaping) to immediately increase the rental yield, while land banking the property for future development.
Either way, this large block with a 15.7m frontage is brilliantly positioned just footsteps from express bus stops, a 5-minute-walk to Buckley or Gaffney Street Parks/playgrounds and just 1km to the scenic bushland trails of Whites Hill Reserve.
Less than a 10 minutes' stroll (or quick 2-min drive) will have you at Westfield Carindale's major retail, fresh food grocers, cafes, dining, and cinemas, or enjoy access in moments to the popular Camp Hill Marketplace (with Woolworths supermarket and boutiques). Families are surrounded by n choice of excellent state schools, private colleges and childcare/kindergartens, while arterial roads offer swift connectivity with the Airport, Bay, Coast, and CBD just 7km away.
Properties of this type are in high demand and strong interest is anticipated. Come along to one of our upcoming open homes in the lead up to auction day or contact the agent, Craig Loudon, if you have any questions!
*Subject to Brisbane City Council Approval
Listing description written by Craig Loudon, Tobin Real Estate Tobin Real Estate — reproduced as published, not verified by Districts.