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QLD › Kin Kora › Grevillea Cres

21 Grevillea Cres, Kin Kora QLD 4680

For saleHouse for Sale

$222,026

For sale

Asking

3

Bedrooms

2

Bathrooms

1

Car spaces

632 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $222,026 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $222,026(Listing record · 7 Aug 2026)
  • FactLand 632 m²; no building size recorded.(Property record)
  • CalculationAsk is 62% below the Kin Kora median recorded sale ($577,000, n=32, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Kin Kora's advertised median rent ($513/wk), implied gross yield would be 12.01% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

The ask against the evidence

Asking

$222,026

Asking · $351/m² of land

No recorded sale for this property.

Kin Kora at a glance

2,429

People

$577,000

Median sale

$513/wk

Median rent

4.62%

Suburb gross yield

Median sale from 32 recorded sales (last 12 months) — a Districts calculation.

See the full Kin Kora report →

Vs Kin Kora

-61.5%

Median sale

Suburb $577,000

+7.39 pp

Gross yield

Suburb 4.62%

Suburb median $577,000 from 32 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$222,026
Stamp Duty (Queensland)
$6,196
Transfer/Registration Fee
$481
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$232,403

$10,377 on top of the price (4.7% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Kin Kora's advertised median rent — not a rent for this listing.

Net yield
10.51%
Annual cashflow (pre-tax)
$11,800
Interest cover (DSCR)
2.02
Annual rent
$26,676
Operating expenses
$3,330
Loan amount
$177,621
Annual interest
$11,545
Gross yield
12.01%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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. Listed$222,026available7 Aug 2026

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $513/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

Gross yield if leased at the suburb aggregate is 12.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Kin Kora in one glance

Kin Kora at a glance

2,429

People

$577,000

Median sale

$513/wk

Median rent

4.62%

Suburb gross yield

Median sale from 32 recorded sales (last 12 months) — a Districts calculation.

See the full Kin Kora report →

Keep researching

  • Why Kin Kora? Read the area thesis →
  • What else is on the market in Kin Kora →
  • Other records on Grevillea Cres →

Listing material

Listed by Ray White Gladstone

READY TO SELL - READY FOR AUCTION... !

There is no holding back the owner's instructions are clear... MUST BE SOLD! NOW going to Auction! Get yourself Auction ready to purchase this home in a prime location. Privately tucked away behind mature foliage you will find this lowset brick home boasting additional space under roof for extended family members or guests.

Get ready for summer! Yes. There is a pool with this home. Though in need of work. It is currently empty. The agent has been advised when last filled with water the pool was in working order. A little love and attention will bring the pool back to life for the summer holidays!

A surprise package waits under roof. Tasmanian Oak kitchen with walk-in-pantry with adjoining dining area. Low maintenance central living space. Follow the hallway to the three bedrooms, family bathroom, and separate toilet. Glass sliding doors will take you from the dining space to an outdoor undercover area with access to the laundry.

Read the full description

From the front door turn right and take a step down to discover a tiled open plan space with ample storage and natural light. Second bathroom facilities are on offer, PLUS a multi-purpose room. Separate access to a second outdoor undercover area! This space could be closed off to enhance privacy.

Perfectly positioned within the popular area of Kin Kora. With Sun Valley Shopping Central walking distance as well as Kin Kora Primary School. Backing onto Tigalee Creek and the golf course…. No rear neighbours! BONUS!

Snapshot!

• Lowset brick home with additional space under roof - potential dual living

• Tasmanian Oak kitchen with dishwasher and walk-in-pantry

• Low maintenance living space with air-conditioning

• Three bedrooms. Two with built-in storage and air-conditioning

• Family bathroom with separate toilet facilities

• Additional tiled multi-purpose space with second bathroom facilities

• Ample storage throughout the home

• Security screens and ceiling fans

• Inground concrete pool - in need of love

• No rear neighbours…. BONUS!

• Solar panels

• Fenced 632m2 (approx.) block with garden shed

• Prime location - walking distance to shopping and schools

Important Information:

• Rates: $3,800/year (approx.)

• Anticipated Rent: $590-$610/week

• To be sold as vacant possession

• B&P Reports available upon request

Auction Terms:

• $10,000 at the fall of the hammer

• Balance of 10% of the purchase price due within 2 business days

• 30 Day settlement

Plenty of potential to add your own personality.

Make no mistake. The owner's instructions are clear. MUST SELL!

Listing description written by Melissa O'Donovan, Ray White Gladstone — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Outdoor Entertaining
  • In-Ground Pool
  • Shed
Districts

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

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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.