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QLD › Parkwood › Irwin St

17 Irwin St, Parkwood QLD 4214

For saleHouse for Sale

$1,400,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

1,024 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,400,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,400,000(Listing record · 24 June 2026)
  • FactLand 1,024 m²; no building size recorded.(Property record)
  • CalculationAsk is 4% above the Parkwood median recorded sale ($1,347,500, n=60, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Parkwood's advertised median rent ($943/wk), implied gross yield would be 3.50% — 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

$1,400,000

Asking · $1,367/m² of land

No recorded sale for this property.

Parkwood at a glance

9,138

People

$1,347,500

Median sale

$943/wk

Median rent

3.64%

Suburb gross yield

Median sale from 60 recorded sales (last 12 months) — a Districts calculation.

See the full Parkwood report →

Vs Parkwood

+3.9%

Median sale

Suburb $1,347,500

-0.14 pp

Gross yield

Suburb 3.64%

Suburb median $1,347,500 from 60 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,400,000
Stamp Duty (Queensland)
$61,025
Transfer/Registration Fee
$5,928
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
$1,470,653

$70,653 on top of the price (5.0% 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 Parkwood's advertised median rent — not a rent for this listing.

Net yield
2.00%
Annual cashflow (pre-tax)
$-44,764
Interest cover (DSCR)
0.39
Annual rent
$49,036
Operating expenses
$21,000
Loan amount
$1,120,000
Annual interest
$72,800
Gross yield
3.50%

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$1,400,000available24 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 $943/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 3.5%. 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

Parkwood in one glance

Parkwood at a glance

9,138

People

$1,347,500

Median sale

$943/wk

Median rent

3.64%

Suburb gross yield

Median sale from 60 recorded sales (last 12 months) — a Districts calculation.

See the full Parkwood report →

Keep researching

  • Why Parkwood? Read the area thesis →
  • What else is on the market in Parkwood →
  • Other records on Irwin St →

Listing material

Listed by @realty

Established Classic; Space, Privacy & Convenience

Perfectly positioned on a generous 1,024m2 block, this residence offers a rare combination of space, privacy, and convenience in a prime Parkwood location. Held by the original owner and rich with potential, the home presents an exciting opportunity to renovate, personalise, and elevate an already impressive estate.

A thoughtful, custom-designed floor plan creates a harmonious balance between functionality and comfort. The central kitchen, family and casual dining areas connect seamlessly, while the separate formal dining and lounge rooms provide refined spaces for entertainment. Each bedroom retreat is peacefully tucked away, offering quiet separation from the main living areas. The main bedroom has ample wardrobe space and the ensuite, with carpet in all the bedrooms for added comfort. The well-maintained family bathroom caters to daily routines with ease.

Outdoors, the expansive level backyard unfolds to a natural haven beyond the alfresco patio with an inviting canvas for relaxation, recreation and future enhancements. With it’s larger than average parcel, creative possibilities abound, making this an exclusive Parkwood offering with lifestyle appeal and long-term value.

Read the full description

The spacious double car garage (& further parking) allows more storage space, and the laundry provides easy external access.

You will enjoy easy access to the key Education centres (Schools & University), Hospitals (Public & Private), Transport (Bus, Rail & Airport), Shopping Centres (Multiple), Parks, Sporting Facilities, M1 motorway (& M9 under construction) and the Broadwater to the beaches.

The legacy of this estate is confirmed by its one and only vendor who cherished this property well over three decades.

Property Features:

Block Size @ 1,024m2

Bedrooms x 4 - Master with Ensuite

Kitchen with Electrical Appliances & Rangehood

Formal Lounge & Dining with carpet

Family Room & Dining

Family Bathroom with Separate Bath & Shower

Separate Toilet

Air Conditioning & Ceiling Fans

Laundry with external access

Double lock-up Garage with Internal Access

Ample Storage

Alfresco Entertainment Patio

Brick & Tile

Garden Shed

Gated Driveway & Parking

Dare to consider further development potential.

Disclaimer: While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must satisfy themselves by inspection or otherwise. Although high standards have been used in preparing this document, no legal responsibility can be accepted for any loss or damage resulting from the content or use of this information. Any photographs show only certain parts of the property as they appeared when taken. Areas, amounts, measurements, distances, and all other numerical information are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take necessary action to satisfy themselves with any pertinent matters.

Listing description written by Brett Stackpole, @realty — reproduced as published, not verified by Districts.

Property features

  • Dishwasher
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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.