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QLD › North Booval › Gledson St

17/40-56 Gledson St, North Booval QLD 4304

For saleTownhouse

$625,000

For sale

Asking

3

Bedrooms

2

Bathrooms

1

Car spaces

139 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $625,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $625,000(Listing record · 25 June 2026)
  • FactLand 139 m²; no building size recorded.(Property record)
  • CalculationAsk is 17% below the North Booval median recorded sale ($752,250, n=40, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at North Booval's advertised median rent ($503/wk), implied gross yield would be 4.18% — 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

$625,000

Asking · $4,496/m² of land

No recorded sale for this property.

North Booval at a glance

3,183

People

$752,250

Median sale

$503/wk

Median rent

3.48%

Suburb gross yield

Median sale from 40 recorded sales (last 12 months) — a Districts calculation.

See the full North Booval report →

Vs North Booval

-16.9%

Median sale

Suburb $752,250

+0.70 pp

Gross yield

Suburb 3.48%

Suburb median $752,250 from 40 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$625,000
Stamp Duty (Queensland)
$21,150
Transfer/Registration Fee
$2,343
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
$652,193

$27,193 on top of the price (4.4% 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 North Booval's advertised median rent — not a rent for this listing.

Net yield
2.68%
Annual cashflow (pre-tax)
$-15,719
Interest cover (DSCR)
0.52
Annual rent
$26,156
Operating expenses
$9,375
Loan amount
$500,000
Annual interest
$32,500
Gross yield
4.18%

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$625,000available25 June 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 $503/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 4.2%. 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

North Booval in one glance

North Booval at a glance

3,183

People

$752,250

Median sale

$503/wk

Median rent

3.48%

Suburb gross yield

Median sale from 40 recorded sales (last 12 months) — a Districts calculation.

See the full North Booval report →

Keep researching

  • Why North Booval? Read the area thesis →
  • What else is on the market in North Booval →
  • Other records on Gledson St →

Listing material

Listed by Century 21 Josie Smith and Co

Deck & Pool & Lifestyle Convenience!

Positioned within the secure and highly sought-after Azzura Village, this well-presented townhouse offers the perfect combination of space, comfort and low-maintenance living. Designed across two levels and featuring a practical floorplan, this property is ideal for first home buyers, downsizers, or investors looking to secure a quality property in a convenient location. With generous indoor and outdoor living spaces, a bonus rear timber deck plus an outdoor patio, and all the essentials for comfortable everyday living, this home presents an outstanding opportunity to enjoy a relaxed lifestyle without compromising on convenience.

Enjoy all the benefits of resort-style living with exclusive access to the complex's sparkling inground swimming pool, relaxing spa, BBQ facilities and beautifully maintained grounds. With onsite management, secure gated entry and a lock-up-and-leave lifestyle, this property offers both peace of mind and everyday convenience.

Features of This Property:

Read the full description

* Space for a 2nd vehicle in front of the single lock up garage

* Spacious open-plan living and dining area with air-conditioning

* Well-appointed kitchen with dishwasher, electric cooktop, oven, rangehood, breakfast bar and ample storage

* 3 generous bedrooms, all with built-in wardrobes and ceiling fans

* Master bedroom complete with private ensuite, built-in robe and air-conditioning

* Rear timber deck off the upper level, providing the perfect space to relax and unwind

* Main bathroom featuring both shower and bathtub

* Convenient third toilet downstairs

* Separate internal laundry

* Covered outdoor entertaining patio area overlooking the private courtyard

* Low-maintenance yard and gardens

* Single lock-up garage plus additional parking space in the driveway

* Secure gated complex with onsite manager

* Access to the large inground pool, spa, grassed recreation areas and BBQ facilities

The Location:

The Azzura Village Complex really hits the mark when it comes to location and convenience. Positioned directly across the road from a bus stop and within easy walking distance to both Bundamba and Booval train stations, commuting is simple whether you're travelling locally or into Brisbane. Ipswich CBD and Riverlink Shopping Centre are only a short drive away, while a variety of public and private schools are all within easy reach.

* Booval Train Station (1km)

* Bundamba Train Station (1.1km)

* Booval Fair Shopping Centre (1.4km)

* Silkstone Village Shopping Centre (3.1km)

* Costco Bundamba (4.2km)

* Ipswich CBD (4.5km)

Offering a fantastic combination of lifestyle, convenience and value, this townhouse presents an outstanding opportunity to secure a home within one of North Booval's most popular complexes. Whether you're looking to move straight in or add a quality investment to your portfolio, this property is one you won't want to miss.

Do not hesitate—contact Josie Smith, the listing agent, as soon as humanly possible!

DISCLAIMER: Miljose Pty Ltd t/a Century 21 Josie Smith and Co has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accepts no responsibility and disclaims all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. All distances, measurements, and timeframes contained within this advertisement are approximate only. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Listing description written by Josie Smith, Century 21 Josie Smith and Co — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Outdoor Entertaining
  • In-Ground Pool

Also look at

Also for sale in North Booval

  • 93/40-56 Gledson St, North Booval QLD 4304

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  • 43/40-56 Gledson St, North Booval QLD 4304

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  • U77, 40-56 Gledson St, North Booval QLD 4304

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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