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QLD › Arundel › Olsen Ave

2/210 Olsen Ave, Arundel QLD 4214

For saleSemi-detached

$800,000

For sale

Asking

2

Bedrooms

1

Bathrooms

3

Car spaces

357 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $800,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $800,000(Listing record · 10 Aug 2026)
  • FactLand 357 m²; no building size recorded.(Property record)
  • CalculationAsk is 37% below the Arundel median recorded sale ($1,271,500, n=52, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Arundel's advertised median rent ($886/wk), implied gross yield would be 5.76% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

The ask against the evidence

Asking

$800,000

Asking · $2,241/m² of land

No recorded sale for this property.

Arundel at a glance

12,072

People

$1,271,500

Median sale

$886/wk

Median rent

3.62%

Suburb gross yield

Median sale from 52 recorded sales (last 12 months) — a Districts calculation.

See the full Arundel report →

Vs Arundel

-37.1%

Median sale

Suburb $1,271,500

+2.14 pp

Gross yield

Suburb 3.62%

Suburb median $1,271,500 from 52 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$800,000
Stamp Duty (Queensland)
$29,025
Transfer/Registration Fee
$3,135
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$835,860

$35,860 on top of the price (4.5% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Arundel's advertised median rent — not a rent for this listing.

Net yield
4.26%
Annual cashflow (pre-tax)
$-7,528
Interest cover (DSCR)
0.82
Annual rent
$46,072
Operating expenses
$12,000
Loan amount
$640,000
Annual interest
$41,600
Gross yield
5.76%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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. Listed$800,000available10 Aug 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?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $886/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

Gross yield if leased at the suburb aggregate is 5.8%. 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

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Arundel in one glance

Arundel at a glance

12,072

People

$1,271,500

Median sale

$886/wk

Median rent

3.62%

Suburb gross yield

Median sale from 52 recorded sales (last 12 months) — a Districts calculation.

See the full Arundel report →

Keep researching

  • Why Arundel? Read the area thesis →
  • What else is on the market in Arundel →
  • Other records on Olsen Ave →

Listing material

Listed by Australian Property Management Alliance

PRIME ARUNDEL DUPLEX - RENTAL INCOME, TRANSPORT CONVENIENCE & VALUE-ADD POTENTIAL

Positioned in a highly convenient Arundel location, this solid brick-and-tile duplex presents an excellent opportunity for investors, renovators and value-focused buyers looking for an income-producing property with scope to improve over time.

Just moments from the local public transport bus stop, the property offers excellent everyday convenience, while its position along a potential future Light Rail main route provides an additional long-term consideration for buyers.

Currently leased at $650 per week on a fixed-term tenancy until 11 December 2026, the property provides immediate rental income while allowing the next owner time to plan future improvements.

Read the full description

The property is currently presented in rental condition and would benefit from some TLC and cosmetic updating. With some modernisation and improvements, there is potential to enhance its presentation, appeal and future value.

PROPERTY FEATURES

Half share of approximately 715sqm land

Solid brick-and-tile duplex

Currently leased at $650 per week

Fixed-term tenancy until 11 December 2026

Conveniently located close to a public transport bus stop

Potential future Light Rail main route location

Large, fully fenced backyard

Modern kitchen with generous island benchtop

Spacious, fully tiled living area

Air conditioning to living area

Bedrooms with ceiling fans

Bathroom with both shower and bathtub

Fully tiled bathroom

Covered pergola and BBQ area for outdoor entertaining

Off-street parking for 2 vehicles

Excellent scope for cosmetic improvements and modernisation

INVEST NOW. IMPROVE LATER. ADD VALUE.

For investors, the existing tenancy provides an opportunity to secure a rental income stream immediately.

For buyers with a longer-term vision, the property offers the flexibility to consider improvements and renovation once the current tenancy ends. Cosmetic upgrades could potentially transform the presentation and improve the property's future appeal.

The combination of solid construction, generous land, rental income, public transport convenience and future value-add potential makes this a property worth considering for buyers seeking an affordable entry into the Arundel market.

RATES & OUTGOINGS

Council rates: $1,529.42 (1 July - 31 December 2026)

Water rates: $525.20 (4 February - 11 May 2026)

Levy / insurance: $1,298.05

(Half share: $2,596.10)

Whether you're looking for an investment with an existing tenant or a property where you can renovate, improve and add value over time, this Arundel duplex offers plenty of possibilities.

Don't miss this opportunity to secure a well-positioned duplex close to public transport, with rental income and genuine value-add potential.

Contact Great Ocean Realty - Feng Gao at f.gao@greatoceanrealty.com.au for further information or to arrange your inspection.

Listing description written by Feng Gao, Australian Property Management Alliance — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Courtyard
  • Floorboards
  • Fully Fenced
  • Living Areas: 1
  • Reverse Cycle Aircon
  • Secure Parking
  • Shed
  • Study
  • Toilets: 1
  • Workshop
Districts

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

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