Redland Bay at a glance
19,544
People
$1,192,500
Median sale
$768/wk
Median rent
3.35%
Suburb gross yield
Median sale from 148 recorded sales (last 12 months) — a Districts calculation.
QLD › Redland Bay › Grevillea St
$1,599,000
For sale
Asking
5
Bedrooms
3
Bathrooms
4
Car spaces
2,000 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
Asking
$1,599,000
Asking · $800/m² of land
No recorded sale for this property.
Redland Bay at a glance
19,544
People
$1,192,500
Median sale
$768/wk
Median rent
3.35%
Suburb gross yield
Median sale from 148 recorded sales (last 12 months) — a Districts calculation.
Vs Redland Bay
+34.1%
Median sale
Suburb $1,192,500
-0.85 pp
Gross yield
Suburb 3.35%
Suburb median $1,192,500 from 148 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$83,028 on top of the price (5.2% extra)
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.
Pre-filled with Redland Bay's advertised median rent — not a rent for this listing.
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.
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 $768/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.
Gross yield if leased at the suburb aggregate is 2.5%. 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
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
Redland Bay at a glance
19,544
People
$1,192,500
Median sale
$768/wk
Median rent
3.35%
Suburb gross yield
Median sale from 148 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate ClevelandProperties like this are becoming almost impossible to find.
Privately positioned on a magnificent 2,000m² allotment, this peaceful lifestyle retreat offers not only an exceptional family home but an exciting opportunity to create something truly special for generations to come.
Imagine a property where multiple generations can live together while still enjoying their own space and privacy. With a home already offering exceptional flexibility across two spacious levels and the potential (subject to council approval) to create an additional dwelling at the rear of the property, this could become the ultimate family compound-perfect for parents, adult children, grandparents or extended family.
In today's world, where housing affordability and caring for loved ones are becoming increasingly important, opportunities like this are incredibly rare.
The current home has been thoughtfully designed to accommodate large or extended families. Upstairs is the welcoming heart of the home, where soaring vaulted ceilings, polished timber floors and light-filled open-plan living create an inviting atmosphere. Large windows frame the leafy surrounds, while the expansive entertaining deck provides the perfect place to relax with your morning coffee or entertain family and friends surrounded by nature.
The well-appointed kitchen overlooks the living areas, ensuring you're always part of the conversation.
Downstairs delivers remarkable versatility with a spacious media room, large multipurpose room, dedicated office or potential fifth bedroom, together with a third bathroom. Whether you're creating private accommodation for teenagers, elderly parents, guests, or a work-from-home business, the options are endless.
Step outside and discover your own private sanctuary. Established gardens, winding pathways, abundant birdlife, a fire pit and an above-ground pool with timber decking combine to create a lifestyle that feels more like a private retreat than suburban living.
Perhaps the most exciting feature is the enormous backyard.
The owners have obtained an indicative estimate of approximately $30,000 to selectively clear part of the rear of the property, potentially opening up space for a secondary dwelling (subject to council approval and buyer investigations).
Just imagine the possibilities:
* A home for Mum and Dad while maintaining everyone's independence.
* A place for adult children saving for their first home.
* Comfortable accommodation for grandparents needing extra care.
* Separate living for extended family.
* Additional rental income (subject to approvals).
* A true multi-generational estate where everyone has room to live, gather and support one another.
Opportunities to create this style of lifestyle property are becoming increasingly difficult to secure.
Features You'll Love
* 2,000m² private lifestyle allotment
* Incredible future potential for a secondary dwelling (STCA)
* Indicative estimate of approximately $30,000 to selectively clear the rear portion of the block
* Ideal for multi-generational living
* Four generous bedrooms plus office or potential fifth bedroom
* Spacious master suite with walk-in robe and ensuite
* Three bathrooms
* Multiple living areas including media room and multipurpose room
* Flexible floorplan with excellent dual living potential
* Soaring vaulted ceilings
* Beautiful polished timber flooring
* Spacious family kitchen with Butlers Pantry overlooking the living areas
* Expansive covered entertaining deck
* Above-ground pool with timber decking
* Air conditioning
* Solar power
* Established gardens offering exceptional privacy
* Peaceful setting surrounded by abundant birdlife
* Minutes to schools, shopping centres, transport and the waterfront
This is far more than just another acreage property.
It is a home that offers flexibility for today, possibilities for tomorrow and the chance to keep generations of your family together while still enjoying privacy and independence.
Rarely does a property offer so much space, versatility and future potential. Inspect today and discover what your family's future could look like.
ARRANGE YOUR PRIVATE INSPECTION TODAY!
Listing description written by Kim Healy, First National Real Estate Cleveland — reproduced as published, not verified by Districts.
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