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QLD › Yeerongpilly › Park Rd

201 Park Rd, Yeerongpilly QLD 4105

Block of Units

$1,410,000

Last sold

2 May 2024

7

Bedrooms

3

Bathrooms

3

Car spaces

607 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,410,000 (2 May 2024).(Recorded sale)
  • FactLand 607 m²; no building size recorded.(Property record)

What could make it worth more?

  • FactZoned Low-medium density residential (2 or 3 storey mix) (LMR) under the Brisbane City Plan 2014.(Brisbane City Council · 30 Aug 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

$1,410,000

2 May 2024 · derived via latest_sale

Yeerongpilly at a glance

2,327

People

$1,700,000

Median sale

$542/wk

Median rent

1.66%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Yeerongpilly report →

Vs Yeerongpilly

-17.1%

Median sale

Suburb $1,700,000

+0.34 pp

Gross yield

Suburb 1.66%

Suburb median $1,700,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Brisbane City Plan 2014

Zone

Low-medium density residential (2 or 3 storey mix)

LMR

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: 30 Aug 2026
  • Version: 2014
  • Parcel: 1RP124761

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. Sold$1,410,0002 May 2024
  2. Listedprice unknowncompleted24 Apr 2024
  3. Listedprice unknowncompleted24 Apr 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 Low-medium density residential (2 or 3 storey mix) · LMR (Brisbane City Plan 2014). Official parcel area about 608 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 $542/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 Low-medium density residential (2 or 3 storey mix) · LMR (Brisbane City Plan 2014). Official parcel area about 608 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

    Official parcel about 608 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

    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

Yeerongpilly in one glance

Yeerongpilly at a glance

2,327

People

$1,700,000

Median sale

$542/wk

Median rent

1.66%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Yeerongpilly report →

Keep researching

  • Why Yeerongpilly? Read the area thesis →
  • What else is on the market in Yeerongpilly →
  • Other records on Park Rd →

Listing material

Listed by Noble Properties Brisbane

Exceptional Investment Opportunity in Yeerongpilly

A savvy investment opportunity awaits with this block of three units, providing solid rental returns and promising future growth potential. Built in 1970, this brick–low maintenance unit block offers a prime location, only 7km from Brisbane CBD, Within walking distance to bus and train services, and easy access to all major Arterials.

Key Features:

* Unit Configuration: One 3-bedroom, 1-bathroom, and two 2-bedroom, 1-bathroom units. Each unit shares a large secure lock-up garage.

Read the full description

* Current Income Stream: Past rent returns of $64,000, with fixed leases in place:

- Unit 1: Fixed lease $385 per week until 23/04/2025

- Unit 2: Vacant- Currently advertised at $430 per week

- Unit 3: Fixed lease $450 per week until 11/04/2025

* Potential for Increased Returns: A recent rental appraisal estimates rental returns of $79,040 plus per year.

* Convenient Amenities: Each unit comes with its own private laundry facility." with additional storage located downstairs in the garage.

* Prime Position: Situated in a quiet, flood-free area, ensuring a desirable living environment for tenants.

* Future Development Potential: Explore further development opportunities on the spacious 607m² block.

* Prime Location: Within close proximity of Shopping and Dining options, education and childcare, health and fitness, and many recreational facilities

If you are looking to expand your portfolio or capitalize on stable rental income with increased potential then look no further.

For a copy of the Information Memorandum and to seize this opportunity, please contact Kristy Noble today at 0416 808 608.

Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.

Listing description written by Kristy Noble, Noble Properties Brisbane — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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