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 › Frank St
$1,370,000
Last sold
17 Feb 2024
2
Bedrooms
1
Bathrooms
2
Car spaces
607 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
$1,370,000
17 Feb 2024 · derived via latest_sale
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
-16.0%
Median sale
Suburb $1,630,000
+0.46 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 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 $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.
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
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 Poulsen PropertyClose to Graceville's popular dining precinct, on a prized 607sqm north-facing block, is this 1950's low-set brick cottage that offers endless opportunities.
The cottage is ideal for entry-level buyers or investors seeking a solid home close to amenities or those looking for an extension/renovation or rebuild project - subject to Council approval.
With traditional polished timber floors and casement windows, the functional floor plan features an undercover patio at the front, a spacious living room and a kitchen/dining area and two well-sized bedrooms. The kitchen and bathroom have also been updated, and the laundry and a second WC are at the rear.
Featuring a level flood free backyard, the block boasts plenty of room and opportunity to add.
Property features:
• Solid 2 bedroom cottage with a north-facing 607sqm block with 16 meter frontage
• Recently painted internally and in excellent condition
• Kitchen has been updated and has laminex cabinetry, dishwasher, electric cooktop and oven
• Traditional timber floors and casement windows and plaster ceilings/walls
• Spacious living room and an updated kitchen/dining area
• Double garage to the rear - separate laundry and a second WC
• Private flood free backyard
Located in the popular lifestyle precinct of Graceville, this property is only 380m from Local Café's, restaurants, coffee shops, the post office, and medical facilities.
Graceville station and Regent Cinemas are 300m away, and buyers will love the easy access to parklands, schools, sporting fields and walking paths along the riverfront.
A prime location for families, with the best educational facilities locally - Graceville State School, Corinda State High School catchments and minutes from childcare, Christ the King, St Aidan's, St Peter's and Brigidine College.
For sale by Public Auction 17/02/2024 on site 11am
Listing description written by Tony Poulsen, Poulsen Property — reproduced as published, not verified by Districts.