Salisbury at a glance
7,510
People
$1,365,000
Median sale
$606/wk
Median rent
2.31%
Suburb gross yield
Median sale from 50 recorded sales (last 12 months) — a Districts calculation.
QLD › Salisbury › Lillian Ave
$1,550,000
Last sold
14 Apr 2025
3
Bedrooms
1
Bathrooms
3
Car spaces
1,591 m²
Land
Districts View
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
$1,550,000
14 Apr 2025 · derived via latest_sale
Local land rate: recorded House sales in Salisbury (last 5 years) with land size have a median of $1,873/m² of land (n=118). Districts calculation from recorded sales — not a valuation.
Salisbury at a glance
7,510
People
$1,365,000
Median sale
$606/wk
Median rent
2.31%
Suburb gross yield
Median sale from 50 recorded sales (last 12 months) — a Districts calculation.
Vs Salisbury
+13.6%
Median sale
Suburb $1,365,000
-0.28 pp
Gross yield
Suburb 2.31%
Suburb median $1,365,000 from 50 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Brisbane City Plan 2014
Zone
Low density residential
LDR
Jurisdiction
Brisbane City Council
Brisbane, QLD
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
QLDZoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 1,597 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.
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
No advertised rent is recorded. Suburb median rent $606/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 1,597 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
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?
KnownmediumOfficial parcel about 1,597 m² — land size can look like optionality. 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
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Salisbury at a glance
7,510
People
$1,365,000
Median sale
$606/wk
Median rent
2.31%
Suburb gross yield
Median sale from 50 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Mark Ward Property*** INSPECTIONS BY PRIVATE APPOINTMENT ONLY ***
A truly rare and versatile opportunity, this expansive 1,591m² property in the heart of Salisbury offers two separate dwellings on one lot—a highset home positioned at the rear and a large hall at the front. Properties of this size so close to Brisbane CBD are incredibly hard to come by, making this an exciting prospect for homeowners, investors, or developers looking to secure a substantial landholding with future potential (STCA). Whether you choose to landbank, generate rental income, or explore redevelopment options, this property presents endless possibilities.
Nestled at the rear of the block, the highset three-bedroom home is both private and functional, featuring polished timber floors, a spacious lounge and dining area, and a spa bath in the bathroom. The lower level includes a rumpus/family room, a large laundry with storage, and under-house storage, offering additional space and flexibility. The fully fenced, leafy yard provides a peaceful retreat, while solar hot water enhances efficiency, (currently generating $550 rent per week in rental income). With a generous block size, there’s potential to extend, reconfigure, or explore further development options (STCA).
At the front of the property sits “The Salisbury Centre”, a large, fully equipped hall that has been rented to a long-standing community group for personal growth for over 40 years, currently generating $1,220 per month in rental income. Featuring a kitchen, air-conditioning units, ceiling fans, and expansive open space, this versatile building presents a unique opportunity. Whether you continue leasing, operate a business, establish a creative space, or convert it to dual living accommodation (STCA), the options are vast. The sheer size of this property, coupled with its rare configuration, makes it an exceptional opportunity to invest, develop, or hold for future gains.
Key Features:
House (Rear Dwelling):
• Highset home positioned privately at the rear
• 3 bedrooms upstairs with polished timber floors
• Lounge and dining area filled with natural light
• Rumpus/family room downstairs for extra living space
• Spa bath in bathroom for added comfort
• Large laundry with built-in storage
• Under-house storage for extra convenience
• Solar hot water to reduce energy costs
• Fully fenced, leafy yard offering privacy and space
• Currently generating $550 per week in rental income
Hall (Front Dwelling - "The Salisbury Centre"):
• Large separate hall with kitchen, air-conditioning, and ceiling fans
• Expansive open space adaptable for various uses
• Ideal for continued rental, business operations, or dual living conversion (STCA)
• Currently leased for $1,220 per month (long-term community tenant)
Additional Features:
• Two separate properties on one expansive 1,591m² lot
• Off-street parking for multiple vehicles for added convenience
• Rare landholding with development potential (STCA)
• Prime location in Salisbury, close to Brisbane CBD
Salisbury is a thriving suburb with a perfect blend of convenience and tranquillity, offering easy access to a range of amenities. Whether it’s the nearby schools, parks, or the bustling local scene, this suburb has something for everyone. For families, Salisbury State School, St Pius X School, and Brisbane Christian College are all within close reach, making school runs a breeze. Toohey Forest, a beautiful natural reserve, provides a peaceful escape for outdoor enthusiasts and nature lovers, with walking tracks and abundant wildlife right on your doorstep.
Transport links are excellent, with Salisbury Railway Station just a short distance away, offering quick access to the Brisbane CBD. Major roads and highways also make commuting a breeze, and with local medical facilities and shopping centres nearby, convenience is never far away. For those who enjoy leisure, the suburb is home to a selection of cafes, breweries, and parks, offering the perfect mix of relaxation and recreation. With all these amenities and the exceptional location, this property is perfectly positioned to provide both a comfortable lifestyle and investment potential.
For a closer look at this rare opportunity, contact Mark Ward today to arrange a private inspection!
Listing description written by Mark Ward, Mark Ward Property — reproduced as published, not verified by Districts.