Banyo at a glance
6,687
People
$1,233,000
Median sale
$706/wk
Median rent
2.98%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
QLD › Banyo › Folgate St
$652,000
Last sold
22 Aug 2023
3
Bedrooms
1
Bathrooms
1
Car spaces
607 m²
Land
214 m²
Building
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
$652,000
22 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in Banyo (last 5 years) with land size have a median of $1,973/m² of land (n=83). Districts calculation from recorded sales — not a valuation.
Banyo at a glance
6,687
People
$1,233,000
Median sale
$706/wk
Median rent
2.98%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Banyo
-47.1%
Median sale
Suburb $1,233,000
+2.65 pp
Gross yield
Suburb 2.98%
Suburb median $1,233,000 from 40 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 $706/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
UnknownArea
Banyo at a glance
6,687
People
$1,233,000
Median sale
$706/wk
Median rent
2.98%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts BanyoLocated in the thriving suburb of Banyo, this family home presents a fantastic opportunity to own a solid property in need of an update, that is sure to appeal to enthusiastic renovators and first home buyers, alike. Positioned on a spacious 607m2 block in a welcoming, family-friendly street, moments from Virginia Golf Course, this property definitely requires work, both inside and out, but those prepared to embrace the challenge will no doubt see the potential this property has to offer. Alternatively, the location is also sure to appeal to those looking for an ideal setting to clear and build a dream home to their own exacting requirements.
This split-level home features an open-plan living room and dining area with the kitchen beyond, all with original hardwood flooring. The kitchen itself could perhaps stand some re-invention, allowing you to immediately put your own original stamp on the property. Heading up, the next level features the bathroom and three good-sized bedrooms that would all benefit from a coat of paint for starters. On the ground level, you will find a spacious rumpus room and another multi-purpose room, along with the laundry and access to the rear patio and garden, which features a BBQ area, as well as another storage room and an outside toilet.
Features at a glance:
• Open-plan living and dining area
• 3 Bedrooms, 1 bathroom
• Large 607m block
• Rates - $563 per quarter
• 250m to Virginia Golf Club
• 950m to Banyo Bowls Club
• 1300m Banyo Station
This property is located a short distance to cafés, shops and public transport, with schools, Virginia Golf Club and Banyo Bowls Club also close by, while major shopping centres, the Gateway motorway and Brisbane Airport are just a short drive away.
DISCLAIMER
The website may have filtered the property into a price bracket for website functionality purposes. Whilst all reasonable attempts have been made to verify the accuracy of the information provided, the selling agents confirm that they cannot guarantee accuracy of the same and accept no liability (express or implied) in the event that any information contained in the document or provided within is inaccurate. Parties must ensure they make their own due diligence enquiries to satisfy themselves about the accuracy of the information. This information provided is indicative only and must not be relied upon unless confirmed by a party through their own due diligence.
Listing description written by Tim Williams, Harcourts Banyo — reproduced as published, not verified by Districts.
Nearby 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.