Booval at a glance
2,904
People
$840,000
Median sale
$503/wk
Median rent
3.11%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
QLD › Booval › Macquarie St
$505,050
Last sold
27 Sept 2023
2
Bedrooms
1
Bathrooms
1
Car spaces
1,012 m²
Land
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
$505,050
27 Sept 2023 · derived via latest_sale
Local land rate: recorded House sales in Booval (last 5 years) with land size have a median of $867/m² of land (n=122). Districts calculation from recorded sales — not a valuation.
Booval at a glance
2,904
People
$840,000
Median sale
$503/wk
Median rent
3.11%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Vs Booval
-39.9%
Median sale
Suburb $840,000
+2.07 pp
Gross yield
Suburb 3.11%
Suburb median $840,000 from 33 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 $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.
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
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?
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.
Area
Booval at a glance
2,904
People
$840,000
Median sale
$503/wk
Median rent
3.11%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by House Property Agents IpswichPlenty of options here and obviously, the following suggestions are after speaking to Ipswich City Council & the sellers and would be subject to each person's individual ideas and specific Ipswich City Council Approval. Currently zoned as Character housing, mixed density (50 dwellings per hectare) which equates to max of 5 on this property.
Some options but not limited to, would be:
1. For those colonial lovers, retain the house and enjoy the space that is rarely offered in this leafy popular suburb.
2. Land bank and enjoy the rent that it is currently collecting ($250pwk cash, direct to the owner)
Each potential buyer needs to do their own due diligence prior to putting any offers forward.
All the above information is subject to Ipswich City Council Approval.
As you can see this one is pretty original but still in great condition, considering its age. Obviously, the value is the 1012sqm block of prime land in prime location right in the middle of the ever-popular leafy suburb of Booval.
The house itself has plenty of charm and nice street appeal with its bullnose roof (front & back) verandahs. Internally it's been kept updated with its occupant’s needs and presents well. Consisting of front sleep out (easily convert to a small 3rd bedroom), two large bedrooms, large lounge/living area, bathroom and descent electric kitchen (all as pictured). There is gas to the house (h/water) so a gas kitchen swap out would be easy. Nice high VJ walls and timber flooring adds to the appeal.
Zoning regulations have changed a lot in parts of Booval and councils are looking at denser developments, more so than in previous years due public transport and these large blocks. But as like they say about land..... “Once there gone…they’re gone for good” & "they can't make any more land".
KEY POINTS
: Prime leafy Booval location in great street.
: Huge 1012sqm block with options.
: Early-Mid 1900's workers cottage in good condition.
: Two bedrooms, front sleep out, large living/lounge area and good size kitchen.
: Currently renting via a private cash rental agreement of $250 pwk.
: Future development options due to its size and subject to ICC approvals.
: Easiest, would be a dual access development.
: Sewer line at or near the front boundary
: The above options are all subject to council approval.
: Current ICC rates are $667 gross or $635 after discount.
**Disclaimer: All information is provided in good faith and is accurate to the best of our knowledge, but House Property Agents takes no responsibility for any error or omission. Buyers are encouraged to conduct their own enquiries and should satisfy themselves as to all aspects of the property prior to making any purchasing decision.
Listing description written by Tina Swales, House Property Agents Ipswich — reproduced as published, not verified by Districts.