Carina Heights at a glance
7,832
People
$1,637,500
Median sale
$718/wk
Median rent
2.28%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
QLD › Carina Heights › Winstanley St
$1,035,000
Last sold
21 Sept 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
675 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
$1,035,000
21 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Carina Heights (last 5 years) with land size have a median of $2,146/m² of land (n=49). Districts calculation from recorded sales — not a valuation.
Carina Heights at a glance
7,832
People
$1,637,500
Median sale
$718/wk
Median rent
2.28%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs Carina Heights
-36.8%
Median sale
Suburb $1,637,500
+1.33 pp
Gross yield
Suburb 2.28%
Suburb median $1,637,500 from 24 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 $718/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
Carina Heights at a glance
7,832
People
$1,637,500
Median sale
$718/wk
Median rent
2.28%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Tobin Real Estate Tobin Real EstateAuction: 5.00pm, Saturday 21 September
Location: On-site
Deposit: $10,000 upon fall of the hammer, then 5% of purchase price by 23 September 2024
Settlement: 30 days from auction day
At a glance:
- Post-war home on 675sqms; rear north facing; expansive 16.3m frontage
- Less than 250 metres/ a 4-minute walk or 1 min drive to Westfield Shopping Centre
- Private leafy setting; beautiful Palm, Eucalyptus and bamboo outlooks
- Brilliant renovator; well-maintained with ultra spacious, easy-to-reconfigure floorplan
- Classic 1950's charm- hardwood floors and large casement windows
- Options: low-cost modern update; extend/raise & build-in; knock-down-rebuild; landbank
- 3 enormous bedrooms; large eat-in kitchen; separate family/lounge
- Outstanding scope to create open-plan living entertaining deck; 2nd bathroom/ensuite
- Fully fenced grounds with room for a pool; lock-up under-croft storage for bikes etc
- Carport plus endless secure space for boat, caravan, fleet of trade vehicles
- Prized high capital-growth location; many new homes; building blocks hard to come by
- Close to bus, Whites Hill Reserve, top schools; Camp Hill Marketplace; 7km to CBD
- Current rental appraisal approximately $600-$650pw
Representing the ultimate in "position and potential", this expansive post-war property boasts an ideal rear northern aspect, private leafy setting, and convenient address less than 250 metres stroll from Westfield Carindale. Currently accommodating a delightful high-set 1950's home, the site offers an irreplaceable opportunity to undertake a quick low-cost modern update, full renovation, or lease out and landbank within this coveted Inner-East postcode.
Alternatively, take advantage of the option for a complete knock-down-rebuild, and construct a brand-new luxury home* either immediately or in the future as your family grows.
Brilliantly positioned just metres from bus stops and local parks it is a short 4-minute stroll to Westfield Carindale with its fresh food grocers, cafes, extensive retail and cinemas. Your will also enjoy easy access to the walking trails of Whites Hill Reserve, as well as excellent proximity to a choice of state and private schools, childcare/kindergartens, Camp Hill Marketplace (with Woolworths supermarket and boutiques) and arterial roads connecting with the Airport, Coast and CBD just 7km away.
Come along to any of our open homes in the lead up to auction day or contact the agent, Craig Loudon, if you have any questions.
*Subject to Brisbane City Council Approval
Disclaimer: This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Disclaimer: Any information provided has not been verified. We advise you to confirm the accuracy of details before entering into a contract. Tobin Real Estate and its employees cannot be held responsible for any inaccurate details supplied here.
Listing description written by Craig Loudon, Tobin Real Estate Tobin Real Estate — reproduced as published, not verified by Districts.