The Gap at a glance
18,470
People
$1,408,750
Median sale
$741/wk
Median rent
2.74%
Suburb gross yield
Median sale from 62 recorded sales (last 12 months) — a Districts calculation.
4
Bedrooms
1
Bathrooms
1
Car spaces
713 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in The Gap (last 5 years) with land size have a median of $1,979/m² of land (n=92). Districts calculation from recorded sales — not a valuation.
The Gap at a glance
18,470
People
$1,408,750
Median sale
$741/wk
Median rent
2.74%
Suburb gross yield
Median sale from 62 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 $741/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
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
The Gap at a glance
18,470
People
$1,408,750
Median sale
$741/wk
Median rent
2.74%
Suburb gross yield
Median sale from 62 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White City Living BrisbaneLocated on the high side of sought-after Romea Street, this charming 1950s post war home has plenty of potential whether you are a first home buyer looking to take your first step on the real estate ladder, someone looking for your next renovation project or you are hoping to secure a great block of land with future development potential (STCA), the opportunity this property presents is an opportunity to good to not to miss. '
The home features 2 levels of living. Upstairs you have four bedrooms , Kitchen with a combined lounge dining with beautiful polished timber floors. Front entrance balcony with a back balcony leading off the main living area. Downstairs there are 2 MPR rooms, a kitchenette, the laundry and a large garage with a workshop.
On 713m of land, there is a heap of room for children to kick a footy around or for a large swimming pool.
A fantastic Location:
The property is within the school catchment for The Gap State School, The Gap State High School, and St Peter Chanel Catholic Primary School. All are just a few minutes walk to/from.
The Gap Village Shopping Centre is a short walk or bike ride away, and just over the hill is the Great Western shopping centre, giving you a choice of Aldi and Woolworths. There are also many specialty shops, restaurants, and cafes.
The local activities to enjoy include swimming, walking, running, mountain biking, dog walking, bmx biking, horse riding along local trails, cricket in the park and a round of golf at the Ashgrove Golf Course.
Walkabout Creek Discovery Centre located at Brisbane's historic Enoggera Reservoir is a great place to enjoy a meal, swim, kayak, or even bring your own paddle board. For fitness fanatics there are many local gyms, and The Gap Health and Racquet Club which has multiple tennis courts & caters for much more than just a gym.
Well located in a walk-to-everywhere pocket of The Gap, just minutes from The Gap Village retail precinct & The Gap State Primary & High Schools, 20 Romea Street is the perfect combination of position & potential, and is being offered to market for the first time in over 30 years . With an abundance of potential this is an incredible opportunity for the person looking to enter the market or the astute buyer to secure quality real estate in the trending area of The Gap.
The seller has moved out and is determined to sell. The seller will entertain offers before the auction. For further details contact Karon Yesberg or enquire through the site.
DISCLAIMER: This property may be sold without a price and therefore a price guide cannot be provided. In preparing this information, we have used our best endeavours to ensure that the information contained therein is true and accurate, and accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein. All information contained by Ray White City Living is provided as a convenience to clients.
Listing description written by Karon Yesberg, Ray White City Living Brisbane — reproduced as published, not verified by Districts.