Wynnum at a glance
15,144
People
$1,392,500
Median sale
$658/wk
Median rent
2.46%
Suburb gross yield
Median sale from 72 recorded sales (last 12 months) — a Districts calculation.
QLD › Wynnum › Alkoomie St
$2,015,000
Last sold
25 Oct 2025
3
Bedrooms
1
Bathrooms
4
Car spaces
923 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
$2,015,000
25 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Wynnum (last 5 years) with land size have a median of $2,771/m² of land (n=118). Districts calculation from recorded sales — not a valuation.
Wynnum at a glance
15,144
People
$1,392,500
Median sale
$658/wk
Median rent
2.46%
Suburb gross yield
Median sale from 72 recorded sales (last 12 months) — a Districts calculation.
Vs Wynnum
+44.7%
Median sale
Suburb $1,392,500
-0.76 pp
Gross yield
Suburb 2.46%
Suburb median $1,392,500 from 72 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 $658/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
Wynnum at a glance
15,144
People
$1,392,500
Median sale
$658/wk
Median rent
2.46%
Suburb gross yield
Median sale from 72 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath Bayside ManlyThis offers a rare opportunity to secure a premium landholding of 923m², less than 150 metres from the highly desirable Wynnum North Esplanade. This is a blank canvas, offering flexibility for homeowners, investors or developers alike. You can develop and build your dream, or landbank for future redevelopment with confidence.
Owned by the same family since new for the past 72 years, this original 1953 post-war cottage has provided a wonderful lifestyle for generations. Memories here are of fishing, canoeing, kayaking, feeding pelicans, crabbing, sunrise walks along the esplanade, climbing trees in the park, and boating adventures to St Helena Island.
Now it's time for a new chapter, with enormous potential for redevelopment in this tightly-held bayside pocket.
Key Features:
- Cleared, level 923m² block
- 16.4m frontage × 57m depth
- Less than 150m to Wynnum North Esplanade
- Original post-war 1953 cottage (knock down, landbank, or rent)
- Rental return as is: approx. $580–$600 per week
- Fully fenced, with quality neighbouring fencing on one side
- Two existing garden sheds, useful for site office/storage
- Services in place: water to middle of block, sewer to rear
- No bush covenants, easements, vegetation overlays, character or heritage restrictions
- Form 2 available on request
- Redevelopment options (STCA):
- Build your dream home
- Landbank for future growth
-Ppossible potential for two duplexes to maximise profit based on water proximity (STCA)
Set in a prime lifestyle location, this is one of Wynnum's most exciting opportunities - a large land parcel so close to the waterfront, free of restrictions, offering flexibility for homeowners, investors, and developers alike.
With new redevelopment and the highest sale price in the history of Wynnum in Alkoomie Street (82 Alkoomie street, sold by Gaby McEwan from McGrath in 2024 for $4005,000 and the top 5 sales in Wynnum being nearby to this location) this position already has set a new benchmark for luxury new builds. Contact Gaby McEwan today for further information.
Listing description written by Gaby McEwan, McGrath Bayside Manly — 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.