Highgate Hill at a glance
7,436
People
$2,030,000
Median sale
$788/wk
Median rent
2.02%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
QLD › Highgate Hill › Prospect Tce
$2,585,000
Last sold
29 Aug 2024
7
Bedrooms
2
Bathrooms
3
Car spaces
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
$2,585,000
29 Aug 2024 · derived via latest_sale
Highgate Hill at a glance
7,436
People
$2,030,000
Median sale
$788/wk
Median rent
2.02%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Highgate Hill
+27.3%
Median sale
Suburb $2,030,000
-0.43 pp
Gross yield
Suburb 2.02%
Suburb median $2,030,000 from 11 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 $788/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
Highgate Hill at a glance
7,436
People
$2,030,000
Median sale
$788/wk
Median rent
2.02%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Property IncDiscover an unparalleled opportunity to own a magnificent property at 20 Prospect Terrace, Highgate Hill offering endless potential and versatility. This unique estate, featuring two quality homes on a single title, is a rare find in today's market and presents a wealth of possibilities for the discerning buyer.
Step into the front house and be welcomed by glorious hardwood floors and stunning bespoke cabinetry. This home, never before offered in its current condition, exudes charm and sophistication. It features four spacious bedrooms. The stylish stone top kitchen is perfect for culinary enthusiasts, and the open plan living and dining zone is designed for entertaining. The chic bathroom includes a separate toilet. Additional features include a downstairs garage, storage, workshop space, laundry, and powder room. The inviting front veranda leads you into a beautiful living space that seamlessly combines traditional elegance with modern amenities.
The rear residence is a character-filled gem, boasting traditional VJ walls and beautiful light fittings. With three charming bedrooms and a delightful front porch, this home blends timeless charm with contemporary comforts. The well-appointed kitchen includes a cozy meals area, and the sunroom at the rear is an ideal retreat to unwind and connect with family. The well-maintained bathroom and separate laundry add to the convenience of this lovely home.
Beyond the existing homes, this property offers remarkable development potential. You can subdivide the lot into two separate titles, allowing for the creation of individual residences, or reimagine the estate into multiple terrace homes with rooftop views to maximise the spectacular city vistas. The north-facing rear provides an ideal orientation for capturing natural light and enhancing the living experience. The possibilities are indeed endless. Live in one home and rent out the other or accommodate extended family members in a multi-generational living arrangement. With ample space for redevelopment, you can transform this estate into a dream community, maximising its value and appeal.
Situated in the highly sought-after suburb of Highgate Hill in Brisbane, this property is perfectly positioned to take advantage of the vibrant local lifestyle. Known for its leafy streets, eclectic mix of cafes, and close proximity to the Brisbane CBD, Highgate Hill offers a unique blend of urban convenience and suburban tranquillity. Excellent schools, parks, and public transport options are all within easy reach, making this an ideal location for families, professionals, and investors alike. The property is in the Brisbane State High School catchment and is a short walk from both St Laurence's and Sommerville House.
Investors will appreciate the potential rental return and the potential for future capital growth. Developers will see the opportunity to create a sought-after residential enclave in a prime location. Homebuyers will envision their dream residence taking shape in this versatile and expansive property.
Embrace the chance to own a property with such immense potential at 20 Prospect Terrace. With its myriad of development opportunities and prime location, this estate is a rare gem waiting to be transformed into something truly spectacular.
*This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
*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 Leon Iconomidis, Property Inc — 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.