Corinda at a glance
5,933
People
$1,540,000
Median sale
$676/wk
Median rent
2.28%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
QLD › Corinda › Devaney Ln
$945,000
Last sold
7 Feb 2023
4
Bedrooms
2
Bathrooms
0
Car spaces
837 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
$945,000
7 Feb 2023 · derived via latest_sale
Local land rate: recorded House sales in Corinda (last 5 years) with land size have a median of $2,471/m² of land (n=45). Districts calculation from recorded sales — not a valuation.
Corinda at a glance
5,933
People
$1,540,000
Median sale
$676/wk
Median rent
2.28%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Corinda
-38.6%
Median sale
Suburb $1,540,000
+1.44 pp
Gross yield
Suburb 2.28%
Suburb median $1,540,000 from 18 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 $676/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Corinda at a glance
5,933
People
$1,540,000
Median sale
$676/wk
Median rent
2.28%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Place GracevilleThis leafy riverside property is positioned on the corner of a quiet cul-de-sac with views into the Brisbane River, across Carrington Rocks Park. With a 1972 model timber home, and an 837m2 single allotment, the property offers a number of investment opportunities.
Options For the Owner Occupier:
Ever contemplated living on the river? Well this property offers you the opportunity to buy a riverside property at the most affordable entry level price.
Option 1: The home is just crying out for a TLC renovation. Buy now and update - update the kitchen and bathrooms, polish the floors, internal and external paint, then enjoy the peace and quiet of a riverfront home. Built over 2 levels the home was clear of flood in 2022.
Option 2: Demolish the dwelling to make way for your brand new dream home. With the right design, and BCC Approval you could potentially build a huge 3-level home with garaging and storage on the ground level and legal living areas on the top 2 floors - so much space, and just 150m from the Brisbane River.
For the Investor:
Option 3: Land bank the property. Update the home to a rentable state, lease it out, reap the rewards, and watch Capital Growth in action.
For the Developer:
Option 4: Potential Subdivision Site: Seek BCC approval to subdivide the allotment, then relocate or demolish the post-war dwelling, and add approx 1.2m of fill to clear the flood level for legal living space, thus readying the allotments for the construction of two brand new, slab-on-ground contemporary homes…both overlooking the Brisbane River.
This is a unique riverside opportunity. Inspect today. Call Gary
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Listing description written by Gary Eaton, Place Graceville — 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.