Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

QLD › Aspley › Spencer St

18 Spencer St, Aspley QLD 4034

House

$1,050,000

Last sold

2 June 2026

4

Bedrooms

2

Bathrooms

2

Car spaces

594 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,050,000 (2 June 2026).(Recorded sale)
  • FactLand 594 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Aspley (last 5 years) with land size: median $1,936/m² of land (n=126). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Low density residential (LDR) under the Brisbane City Plan 2014.(Brisbane City Council · 31 Aug 2026)

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. 1No 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

What this lot has actually traded at

Last sold

$1,050,000

2 June 2026 · derived via latest_sale

Local land rate: recorded House sales in Aspley (last 5 years) with land size have a median of $1,936/m² of land (n=126). Districts calculation from recorded sales — not a valuation.

Aspley at a glance

13,770

People

$1,325,000

Median sale

$694/wk

Median rent

2.72%

Suburb gross yield

Median sale from 92 recorded sales (last 12 months) — a Districts calculation.

See the full Aspley report →

Vs Aspley

-20.8%

Median sale

Suburb $1,325,000

+0.72 pp

Gross yield

Suburb 2.72%

Suburb median $1,325,000 from 92 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Brisbane City Plan 2014

Zone

Low density residential

LDR

Jurisdiction

Brisbane City Council

Brisbane, QLD

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: Brisbane City Council
  • Dataset: City Plan 2014 Zoning
  • Retrieved: 31 Aug 2026
  • Version: 2014
  • Parcel: 2SP131911

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. Sold$1,050,0002 June 2026
  2. Listedprice unknowncompleted6 Apr 2026
  3. Listedprice unknowncompleted6 Apr 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?

Confidence: medium

Zoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 576 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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 $694/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

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

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 576 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • 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?

    Knownmedium

    No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Aspley in one glance

Aspley at a glance

13,770

People

$1,325,000

Median sale

$694/wk

Median rent

2.72%

Suburb gross yield

Median sale from 92 recorded sales (last 12 months) — a Districts calculation.

See the full Aspley report →

Keep researching

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

Listing material

Listed by Watt Realty

Spacious Low-Set Home with Expansive Outdoor Entertaining

Positioned in one of Aspley's most desirable pockets, this original low-set home offers a practical and spacious layout, perfect for families seeking comfort and convenience. Built in 2007, the residence combines timeless appeal with functional design, offering plenty of room to live, relax, and entertain.

Inside, the large living and dining areas offer ample space for everyday life. The practical kitchen features generous storage, bench space, and a clever passthrough to the living area, keeping you connected - ideal for serving meals or chatting with guests.

The master bedroom is a private retreat at one end of the home, complete with a walk-in robe and a generous ensuite. At the opposite end, three well-sized bedrooms share a central bathroom, with a separate toilet providing added convenience for busy family life. A separate laundry adds further functionality to the layout.

Read the full description

Outdoor living is a true highlight. Start your day on the sunny front deck enjoying the views, or head to the expansive rear entertaining area framed by lush greenery - perfect for BBQs, social gatherings, or simply relaxing with family and friends.

Located close to schools, shops, and public transport, this home offers the ideal combination of lifestyle, convenience, and space. Whether you're looking to upsize, downsize, renovate, or invest, this is a standout opportunity.

Watt Faves:

* Low-set, 4-bedroom, 2-bathroom layout

* Master bedroom with walk-in robe and generous ensuite

* Three additional bedrooms sharing a central bathroom and separate toilet

* Practical kitchen with ample storage, bench space, and passthrough to living area

* Large living and dining spaces, ideal for everyday life and entertaining

* Separate laundry for added functionality

* Large front deck with views

* Expansive rear entertaining area framed by lush greenery

* Prime Aspley location close to schools, shops, and public transport

* Perfect for upsizing, renovating, or investing

Listing description written by Justin Watt, Watt Realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Outdoor Entertaining
  • Secure Parking
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.