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QLD › Red Hill › Waterworks Rd

20 Waterworks Rd, Red Hill QLD 4059

House

3

Bedrooms

2

Bathrooms

2

Car spaces

522 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLand 522 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Red Hill (last 5 years) with land size: median $4,231/m² of land (n=60). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Character residential (Infill housing) (CR) under the Brisbane City Plan 2014.(Brisbane City Council · 2 Sept 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Red Hill (last 5 years) with land size have a median of $4,231/m² of land (n=60). Districts calculation from recorded sales — not a valuation.

Red Hill at a glance

6,603

People

$2,310,000

Median sale

$667/wk

Median rent

1.50%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Red Hill report →

Planning

Planning and development

Planning scheme

Brisbane City Plan 2014

Zone

Character residential (Infill housing)

CR

Jurisdiction

Brisbane City Council

Brisbane, QLD

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: Brisbane City Council
  • Dataset: City Plan 2014 Zoning
  • Retrieved: 2 Sept 2026
  • Version: 2014
  • Parcel: 4SP128087

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Soldprice unknown15 Aug 2024
  2. Listedprice unknowncompleted8 July 2024
  3. Listedprice unknowncompleted8 July 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned Character residential (Infill housing) · CR (Brisbane City Plan 2014). Official parcel area about 529 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $667/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Knownmedium

    Zoned Character residential (Infill housing) · CR (Brisbane City Plan 2014). Official parcel area about 529 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

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    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

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Red Hill in one glance

Red Hill at a glance

6,603

People

$2,310,000

Median sale

$667/wk

Median rent

1.50%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Red Hill report →

Keep researching

  • Why Red Hill? Read the area thesis →
  • What else is on the market in Red Hill →
  • Other records on Waterworks Rd →

Listing material

Listed by Oikos Real Estate

UNDER CONTRACT WITH MULTIPLE OFFERS

Nestled in the heart of the charming suburb of Red Hill, this tastefully renovated Queenslander offers a perfect blend of classic elegance and modern convenience. With three spacious bedrooms, two bathrooms, and ample parking for two vehicles on a generous 522m2 lot. The timeless appeal of VJ walls and timber floorboards runs throughout the home, providing a warm and inviting atmosphere, high ceilings and plenty of natural light provides an airy and spacious feel.

Step out onto the expansive decks at the rear of the house and be captivated by the stunning panoramic views. Overlooking the picturesque suburbs of Red Hill, Paddington, and beyond to Mt. Coot-Tha, these newly renovated decks are the ideal spots for entertaining guests or simply unwinding with a glass of wine at the end of the day. The lush gardens, complete with a cozy fire pit, offer a private oasis for relaxation and enjoyment.

Cooking in the well-appointed kitchen becomes a delight as you gaze out at the incredible views, making meal preparation a truly inspiring experience. Underneath the house, you'll find an abundance of dry and secure storage space, perfect for keeping your belongings safe and organised. Additionally, this property offers room to extend, allowing you to utilise the space under the house for more bedrooms or additional living areas in the future. This flexibility makes the home a perfect long-term investment.

Read the full description

Despite its location on Waterworks Road, this home provides a serene and peaceful environment. The thoughtful design ensures you do not hear the road, and the lush surroundings create a sense of seclusion, making you feel far from the neighbours and the hustle and bustle of city life.

Safety and security are paramount, and this home comes equipped with a secure access from the street and security system, ensuring peace of mind for you and your family. The thoughtful renovations have maintained the property's charming character while incorporating modern touches for a comfortable lifestyle.

Convenience is another hallmark of this home. Located within walking distance to the popular Red Hill Cinemas and Paddington Central, you'll have an array of dining, shopping, and entertainment options right at your doorstep. Public transport is just a short stroll away, making commuting a breeze, and with the CBD only five minutes away, you’ll have more time to enjoy the things you love.

Don't miss out on the opportunity to own this charming property. Whether you're a growing family, a couple looking for a stylish retreat, or an investor seeking a prime location, 20 Waterworks Road is the perfect place to call home.

For more information or to arrange you own private inspection, please contact Harrison 0452 070 020 or Angela 0407 000 225 today!

DISCLAIMER: The Property Occupations Act 2014 states a price guide cannot be provided for non-priced sales. The website has filtered this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide. 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 OIKOS Real Estate is provided as a convenience to clients.

Listing description written by Harrison Mastrapostolos, Oikos Real Estate — reproduced as published, not verified by Districts.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.