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 › Penrith St
$1,478,000
Last sold
15 Apr 2026
3
Bedrooms
2
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
$1,478,000
15 Apr 2026 · derived via latest_sale
Local land rate: recorded House sales in Salisbury (last 5 years) with land size have a median of $1,870/m² of land (n=118). 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
+8.3%
Median sale
Suburb $1,365,000
-0.18 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 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 $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.
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
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 Mark Ward PropertyHeld and cherished by the same owner for nearly 41 years, this warm and welcoming 3-bedroom, 2-bathroom home sits proudly on a generous 607m2 block, offering a lifestyle that feels both practical and truly inviting. Step inside through the terracotta tile entry and you are immediately greeted by a sense of comfort, where timber flooring flows throughout and natural light pours in through plentiful windows and skylights, framing stunning views of surrounding greenery.
The heart of the home is the open living and dining space, complete with a split system air conditioning unit and a cozy wood burning stove, perfect for year-round comfort. The kitchen is equally impressive, featuring a 5-burner gas cooktop, integrated microwave, oven and dishwasher, rangehood, and a large walk-in pantry. A powered island bench with eye catching pendant lighting anchors the space, complemented by abundant storage that makes everyday living effortless.
The main bedroom offers a peaceful retreat with its own air conditioning unit, ceiling fan, soft carpet underfoot, and direct access to your very own private balcony, an ideal spot for a quiet morning coffee. Bedrooms two and three are well sized, both with ceiling fans, with bedroom two also featuring carpet. The main bathroom showcases modern tiles, a sleek vanity, toilet, and both large and smaller shower heads for added comfort. Practical touches such as linen cupboards, security screens on doors, and rear access to downstairs via the living and dining area further enhance functionality.
Outdoors, the property truly shines. An undercover entertainment area flows seamlessly to an outdoor patio featuring an imported Italian pizza oven and low maintenance synthetic turf. Multiple outdoor zones create a private sanctuary, surrounded by mature trees and lush tropical plantings, delivering a tranquil oasis to unwind in. The fully fenced yard also includes garaging for two cars with ample storage, plus a convenient bathroom with toilet, vanity and shower, offering potential for renovation to add further value. With solar hot water already in place, this home blends comfort, charm and efficiency in one beautiful package.
Key Features
• Same owner nearly 41 years, 607m² fully fenced
• Terracotta entry, timber floors, skylights, abundant light
• Open living dining, air conditioning, wood burning stove
• Kitchen gas cooktop, appliances, pantry, island, pendant lighting
• Ample storage, linen cupboards, security screens throughout
• Main bedroom air conditioning, fan, carpet, private balcony
• Bedrooms with ceiling fans, bedroom two carpeted
• Modern bathroom dual showers, vanity, toilet, tiled finishes
• Rear access downstairs from living and dining
• Outdoor entertaining, patio, Italian pizza oven, synthetic turf
• Multiple outdoor zones, tropical gardens, mature trees
• Double garage with storage, bathroom ready for renovation
• Energy efficient solar hot water system installed
Salisbury is a well-connected and family friendly suburb known for its leafy streets and strong sense of community. Just minutes from 22 Penrith Street, you will find easy access to public transport including train and bus services, making commuting to Brisbane CBD or surrounding suburbs simple. Major arterials such as Toohey Road and the Pacific Motorway are close by, providing convenient travel options in all directions.
Families are drawn to Salisbury for its excellent schooling options. Nearby public schools include Salisbury State School and Yeronga State High School, while private options such as St Pius X Primary School and Brisbane Christian College are within easy reach. The area also offers medical facilities, parks, walking tracks, breweries, and a range of dining options, along with C and K and early childhood centres, creating a balanced and convenient lifestyle.
Opportunities like this are rare, especially a home that has been so lovingly held for over four decades. To experience the warmth, charm and lifestyle this property offers, contact Mark today on 0434 917 766 or AJ on 0450 056 766.
Listing description written by Mark Ward, Mark Ward Property — reproduced as published, not verified by Districts.