Kelvin Grove at a glance
9,724
People
$1,520,000
Median sale
$641/wk
Median rent
2.19%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
QLD › Kelvin Grove › Normanby Tce
6
Bedrooms
4
Bathrooms
0
Car spaces
357 m²
Land
292 m²
Building
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Kelvin Grove (last 5 years) with land size have a median of $3,556/m² of land (n=54). Districts calculation from recorded sales — not a valuation.
Kelvin Grove at a glance
9,724
People
$1,520,000
Median sale
$641/wk
Median rent
2.19%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
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 $641/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
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
Kelvin Grove at a glance
9,724
People
$1,520,000
Median sale
$641/wk
Median rent
2.19%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by One Percent PropertyWelcome to 2 Normanby Terrace in Kelvin Grove! This unique property has the potential to be set up as rooming accommodation and represents a perfect opportunity for investors looking to expand their portfolio or a home owner who wants to supplement their mortgage by renting out part of the property. Within walking distance to QUT Kelvin Grove, Normanby Bus Interchange and The Village Shopping Centre plus the weekend markets, it's perfectly located!
The six bedrooms are well sized, with several featuring built-in robes and two with ensuite bathrooms. An additional two bathrooms ensure that everyone is catered for. The ground floor features a spacious living and kitchen space with an electric cooktop and stainless steel appliances. Plenty of storage space, an external patio and a laundry room complete the lower level.
Upstairs features a massive astroturfed patio space - ideal for having friends for drinks or household dinners together - whilst an additional laundry room makes washing easier with such a big household. There's also a large multi-purpose room - just off legal height - for you to use as you wish. The upstairs kitchen is large, with a gas cooktop, stainless steel appliances, and a huge amount of under-counter storage space. Completing the upstairs is an additional living/dining area, ensuring plenty of separation across both levels for the tenants.
With ceiling fans and/or air-conditioning throughout, your tenants will be kept cool through the summer months, whilst the original Queenslander features in the home provide charm and comfort. With strong rental demand, fantastic lifestyle appeal and located in a major growth precinct, this is a rare opportunity to secure a premium property in one of Brisbane's most desirable suburbs.
Beautifully maintained by the current owner and tenants, 2 Normanby Terrace in Kelvin Grove will not be on the market for long! Add to your investment portfolio and ensure it's on your open home schedule for this weekend!
Property Features:
- Six well-sized bedrooms, two with ensuite bathrooms, four with built-in robes.
- Two additional family bathrooms.
- Two large living and kitchen spaces - lower kitchen with electric cooktop, upper kitchen with gas cooktop.
- Two laundry rooms, one on each level.
- Downstairs patio.
- Upstairs massive patio and entertainment space.
- Character features throughout the property.
- Solar panels.
- Air-conditioning and/or ceiling fans throughout.
Location Features:
- 2.5km to Brisbane CBD.
- 260m to Victoria Park [proposed Olympic Stadium site].
- 500m to QUT Kelvin Grove.
- 250mto Normanby Bus Interchange.
- 250m to The Normanby Hotel.
- 650m to The Village Shopping Centre.
- 1.8km to Kelvin Grove State College.
- 2.1km to Royal Brisbane Hospital.
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 Daniel Hooper, One Percent Property — reproduced as published, not verified by Districts.
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