Graceville at a glance
4,993
People
$1,630,000
Median sale
$762/wk
Median rent
2.43%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
QLD › Graceville › Lorna St
$1,505,000
Last sold
4 June 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
703 m²
Land
Districts View
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
$1,505,000
4 June 2026 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Graceville (last 5 years) with land size have a median of $2,619/m² of land (n=68). Districts calculation from recorded sales — not a valuation.
Graceville at a glance
4,993
People
$1,630,000
Median sale
$762/wk
Median rent
2.43%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs Graceville
-7.7%
Median sale
Suburb $1,630,000
+0.20 pp
Gross yield
Suburb 2.43%
Suburb median $1,630,000 from 29 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Brisbane City Plan 2014
Zone
Low density residential
LDR
Jurisdiction
Brisbane City Council
Brisbane, QLD
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
QLDZoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 737 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $762/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 737 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 737 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Graceville at a glance
4,993
People
$1,630,000
Median sale
$762/wk
Median rent
2.43%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Place New FarmDefined by solid construction, generous proportions and a setting that enhances everyday life, this elevated family home occupies a prized 703sqm corner allotment opposite Girraween Park, moments from the river. Designed in line with mid-century principles, it has been extensively renovated, introducing modern comfort without erasing its character. Surrounded by established greenery and refreshed landscaping, the home offers privacy and calm within one of Graceville's most tightly held pockets.
The main living level is reached via an internal staircase, opening into freshly painted interiors with beautifully restored hardwood floors. Wide windows frame leafy outlooks across the pool and backyard, while updated lighting and excellent cross ventilation create a relaxed, welcoming atmosphere. Sliding doors extend living to a long balcony, ideal for entertaining or unwinding, while a second balcony captures an eastern aspect with park views, offering a peaceful spot for morning coffee.
Centrally positioned, the kitchen balances size with everyday practicality. Large stone benchtops with a waterfall edge provide generous workspace and casual seating, complemented by ample cabinetry, electric cooktop, wall-mounted oven and dishwasher. Direct access to the rear deck allows meals and gatherings to flow easily.
Accommodation is arranged in a separate wing and comprises four well-proportioned bedrooms, each with built-in wardrobes and air-conditioning. The main bathroom and powder room have been stylishly renovated, with the bathroom featuring a semi-freestanding bathtub, separate shower, generous vanity with mirrored cabinetry and heated towel rail.
Downstairs, a substantial multipurpose living area offers exceptional flexibility. Tiled floors, large louvres and garden outlooks create a bright, sun-filled space suited to a media room, kids' retreat, gym or future self-contained living, supported by a nearby two-way bathroom and laundry. This level opens directly to a covered terrace and expansive outdoor entertaining area, flowing through to a lagoon-style swimming pool and fully fenced level lawn framed by established tropical and native gardens. Externally, the home has been fully repainted, enhancing its street presence and long-term appeal.
Practicality is well addressed with an oversized double garage, additional off-street parking, excellent storage, water tank, and a security system with cameras and alarm.
Positioned opposite Girraween Park and moments from the Brisbane River, riverwalks, cycling paths, dog parks and sporting fields form part of daily life. Riverside Shopping Centre, local cafés, public transport and highly regarded schools, including Graceville State School, are all close by. A home of enduring quality, flexibility and lifestyle appeal, this is a rare opportunity to secure a thoughtfully renovated family residence in one of Graceville's most cherished settings.
Listing description written by Ann-Karyn Fraser, Place New Farm — reproduced as published, not verified by Districts.