Salisbury at a glance
7,510
People
$1,365,000
Median sale
$606/wk
Median rent
2.31%
Suburb gross yield
Median sale from 50 recorded sales (last 12 months) — a Districts calculation.
QLD › Salisbury › Nicholson Ave
$1,475,000
Last sold
11 Nov 2025
0
Bedrooms
0
Bathrooms
0
Car spaces
1,012 m²
Land
Districts View
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
$1,475,000
11 Nov 2025 · derived via latest_sale
Local land rate: recorded Land sales in Salisbury (last 5 years) with land size have a median of $2,010/m² of land (n=4). Districts calculation from recorded sales — not a valuation.
Salisbury at a glance
7,510
People
$1,365,000
Median sale
$606/wk
Median rent
2.31%
Suburb gross yield
Median sale from 50 recorded sales (last 12 months) — a Districts calculation.
Vs Salisbury
+8.1%
Median sale
Suburb $1,365,000
-0.17 pp
Gross yield
Suburb 2.31%
Suburb median $1,365,000 from 50 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Brisbane City Plan 2014
Zone
Low-medium density residential (Up to 3 storeys)
LMR
Jurisdiction
Brisbane City Council
Brisbane, QLD
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
QLDZoned Low-medium density residential (Up to 3 storeys) · LMR (Brisbane City Plan 2014). Official parcel area about 1,020 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.
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
No advertised rent is recorded. Suburb median rent $606/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low-medium density residential (Up to 3 storeys) · LMR (Brisbane City Plan 2014). Official parcel area about 1,020 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
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?
KnownmediumOfficial parcel about 1,020 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
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Salisbury at a glance
7,510
People
$1,365,000
Median sale
$606/wk
Median rent
2.31%
Suburb gross yield
Median sale from 50 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker Property Partners | Sunnybank HillsPresenting a rare landholding of size and scale, this 1,012m2 parcel in the heart of Salisbury offers exceptional potential for both developers and home builders. Zoned LMR3 for low-medium density residential (up to three storeys), it's an opportunity that promises strong growth and enviable lifestyle convenience.
Top 5 Features at a Glance
1. Expansive 1,012m2 allotment with LMR3 zoning (up to 3 storeys).
2. Blue-chip potential for multi-unit development or a grand new home (STCA).
3. Premium position in Salisbury's growth corridor.
4. Walk to train, buses, schools, parks and local cafes.
5. Minutes to Griffith University, QEII Hospital and Westfield Garden City.
This substantial block represents one of the most versatile land opportunities to hit the Salisbury market in years. With its wide frontage and generous 1,012m2 footprint, it invites a variety of possibilities - whether that's a boutique townhouse project, a multi-dwelling site, or the chance to design and build your forever home with space to spare (STCA).
The zoning (LMR3) further enhances the appeal, opening doors to up to three-storey development in line with Salisbury's evolving urban landscape. For astute buyers, it's a chance to secure a holding in a suburb that continues to attract strong interest from both investors and families alike.
Lifestyle convenience underpins this address. Just a 3-minute stroll brings you to Salisbury train station, while multiple bus routes are within 4 minutes on foot - connecting you directly to Garden City, Fortitude Valley, and the PA Hospital. Within 5 minutes' drive you'll find Griffith University and the QEII Hospital, making this location ideal for professionals, students, and healthcare workers. Westfield Garden City, with its dining, fashion, and entertainment precinct, is only 10 minutes away.
Education options are another standout. Families will appreciate proximity to Brisbane Christian College (Senior and Junior Campuses), Salisbury State School, St Pius, and a range of other sought-after schooling options just minutes from your door. Cafes, childcare, and everyday essentials are also within close distance, ensuring an effortless daily rhythm.
Salisbury is one of Brisbane's most liveable and connected suburbs, combining leafy residential pockets with excellent transport links and growing amenities. For developers, it offers a strong rental and resale market. For owner-occupiers, it's the perfect canvas to create a home of true scale in a community-minded neighbourhood.
Whether you're envisioning a modern multi-dwelling project or a single prestige home with gardens, pool, and room to grow, this parcel of land is ready to deliver. Don't miss this exceptional opportunity - secure your stake in Salisbury's future today.
AEAF Investments Pty Ltd T/A Peter Florentzos Properties with Sunnybank Districts P/L T/A LJ Hooker Property Partners ABN 50 133 677 319 / 21 107 068 020
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
Listing description written by Peter Florentzos, LJ Hooker Property Partners | Sunnybank Hills — reproduced as published, not verified by Districts.