Edge Hill at a glance
4,027
People
$906,000
Median sale
$575/wk
Median rent
3.30%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
QLD › Edge Hill › Greenslopes St
$1,150,000
For sale
Asking
4
Bedrooms
2
Bathrooms
4
Car spaces
769 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
Asking
$1,150,000
Asking · $1,495/m² of land
No recorded sale for this property.
Edge Hill at a glance
4,027
People
$906,000
Median sale
$575/wk
Median rent
3.30%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Vs Edge Hill
+26.9%
Median sale
Suburb $906,000
-0.70 pp
Gross yield
Suburb 3.30%
Suburb median $906,000 from 25 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$55,114 on top of the price (4.8% extra)
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.
Pre-filled with Edge Hill's advertised median rent — not a rent for this listing.
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.
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 $575/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.
Gross yield if leased at the suburb aggregate is 2.6%. 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
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
Edge Hill at a glance
4,027
People
$906,000
Median sale
$575/wk
Median rent
3.30%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White CairnsSecure a blue-chip 769m² duplex landholding in Cairns' top lifestyle pocket-complete with secure $1,210/wk income stream, an extensive backyard and a massive powered workshop/double-bay garage.
Superbly positioned at 196 Greenslopes Street, Edge Hill this exceptional full duplex represents an elite real estate acquisition on a single title with zero body corporate fees. Offering total spatial independence with separate driveways, independent entry points and completely segregated yards, there is absolutely no shared common property or common land between the units. Meticulously configured to cater equally to smart investors, forward-thinking developers, lifestyle-driven buyers and tradespeople, this rare asset delivers a level of space and structural versatility that is virtually impossible to find in standard duplex living.
For the Investor & Developer: Lock in immediate financial security with rock-solid, long-term tenancies extending well into 2027. This high-performing asset delivers a secure dual-income stream scaling to a massive $1,210 per week. Positioned within a highly desirable Flexible Medium Density Zoning pocket, the underlying land value of this 769m² footprint is heavily protected. The extensive yard space behind Unit 1 and the established powered workshop offer an exceptional canvas to explore future structural value-add reconfigurations (STCA).
For the Owner-Occupier, Tradie & Vehicle Lover: Enjoy the internal space, secure storage and outdoor freedom typically only found with a traditional house, combined with the low-maintenance footprint of a duplex.
Unit 1 features a welcoming entry foyer that opens into a spacious, seamless open-plan living, dining, and kitchen area alongside two oversized bedrooms. The kitchen opens directly onto a massive 21m² covered rear timber deck. This outdoor living area features an integrated laundry zone with built-in cupboards. The deck overlooks your own expansive, exclusive-use backyard of approx. 300m²-offering a rare cleared canvas for future extensions or property additions Subject to Council Approval (STCA). A standout addition is the standalone, double-bay powered workshop/garage, providing the perfect secure setup for multiple vehicles, hobby gear, camper trailers or a dedicated tradesperson's workspace.
Unit 2 Features: An equally impressive, modern open-plan layout featuring a beautifully renovated kitchen, a bright combined living and dining area, two light-filled bedrooms, and a central main bathroom with a separate toilet. Step outside to its own completely private, fully undercover rear patio area and integrated laundry setup-perfect for effortless, low-maintenance living.
Positioned footsteps from the vibrant Edge Hill Village cafés, elite schools, and the iconic Botanic Gardens, this property offers the perfect opportunity to live in one residence while generating a steady rental income from the other.
The Figures & Cash Flow Breakdown:
Unit 1: Securely leased at $630.00 per week until June 2027.
Unit 2: Leased at $550.00 per week, increasing to $580.00 per week on 24 July 2026 through to October 2027.
Total Return: $1,210.00 per week from July 2026.
Council Rates: Approx. $3,449.01 half-yearly.
Body Corporate: $0 (Single Title).
Contact 'The Ray Murphy Team' today to register your interest!
Disclaimer:
All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.
Listing description written by Ray Murphy, Ray White Cairns — reproduced as published, not verified by Districts.