Wavell Heights at a glance
11,245
People
$1,570,000
Median sale
$656/wk
Median rent
2.17%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
QLD › Wavell Heights › Frankit St
$1,600,000
Last sold
23 Feb 2026
3
Bedrooms
2
Bathrooms
6
Car spaces
607 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
$1,600,000
23 Feb 2026 · derived via latest_sale
Local land rate: recorded House sales in Wavell Heights (last 5 years) with land size have a median of $2,481/m² of land (n=141). Districts calculation from recorded sales — not a valuation.
Wavell Heights at a glance
11,245
People
$1,570,000
Median sale
$656/wk
Median rent
2.17%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Vs Wavell Heights
+1.9%
Median sale
Suburb $1,570,000
-0.04 pp
Gross yield
Suburb 2.17%
Suburb median $1,570,000 from 75 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 $656/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
Wavell Heights at a glance
11,245
People
$1,570,000
Median sale
$656/wk
Median rent
2.17%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White AspleySet on a prized corner block in one of Wavell Heights' most sought-after pockets, 2 Frankit Street offers the ideal blend of renovated style, everyday comfort and next-level lifestyle features. Impeccably presented throughout, the home showcases warm polished timber floors, quality finishes and a bright neutral palette that feels welcoming from the moment you arrive.
Inside, light-filled living spaces are complemented by plantation shutters and air-conditioning, with a functional layout that suits families, professionals and entertainers alike. The home flows effortlessly, creating relaxed, practical living with a refined feel.
Step outside to a true standout: a spacious undercover entertaining deck with built-in BBQ, perfect for weekend gatherings and easy outdoor dining. Overlooking the heated pool, this is an exceptional indoor-outdoor setup designed to be enjoyed year-round. The pool is also WiFi controlled and supported by an automated self-maintaining system, making it as easy to own as it is to enjoy-while the automated lawn irrigation/sprinkler system keeps the grounds looking their best with minimal effort.
Adding serious versatility is the approx. 6m x 9m shed, which is insulated, air-conditioned and plumbed-currently set up as an impressive home gym with an office zone. Whether you need a workshop, studio space, storage, or a dedicated work-from-home setup, this is a rare inclusion that adds real value and flexibility.
With approximately 13kW solar, an EV fast charger, and three-phase power to the home, this is a future-ready property that combines lifestyle and practicality in one premium Wavell Heights package. You'll also love the parking capacity for up to 6 cars, ideal for families, visitors, tradies, or those with extra vehicles and toys.
Notable features
- Beautifully renovated home with stylish, modern finishes
- Polished timber floors and light-filled interiors
- Plantation shutters and air-conditioning for year-round comfort
- Expansive undercover entertaining deck with built-in BBQ
- Heated swimming pool with WiFi control and automated, low-maintenance system
- Automated lawn irrigation / grass sprinkler system
- Approx. 13kW solar PV system
- EV Fast charger
- Three-phase power to the home
- Fully fenced with dual access electric gates
- Samsung Smart Home keyless entry
- Approx. 6m x 9m shed that is insulated, air-conditioned and plumbed (powered)
- Parking for up to 6 cars (excellent on-site capacity)
- Prime corner block position close to cafes, parks, schools, transport and major shopping precincts
Listing description written by Chris Rhode, Ray White Aspley — 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.