Herston at a glance
2,909
People
$1,350,000
Median sale
$628/wk
Median rent
2.42%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
QLD › Herston › Hetherington St
5
Bedrooms
3
Bathrooms
1
Car spaces
415 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Herston (last 5 years) with land size have a median of $2,943/m² of land (n=18). Districts calculation from recorded sales — not a valuation.
Herston at a glance
2,909
People
$1,350,000
Median sale
$628/wk
Median rent
2.42%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
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 $628/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
Herston at a glance
2,909
People
$1,350,000
Median sale
$628/wk
Median rent
2.42%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Ray White Spring HillThis home offers an incredible opportunity to buy a huge Character home in one of Brisbane's best suburbs. Over the past number of years this great house has served as a large family home as well as a fantastic high income investment property. With five bedrooms, two kitchens, three living rooms, three bathrooms, a huge patio and a great man cave or lady cave out the back, this property offers plenty of space for even the largest of families. If you don't need all the space right away you can separate off the granny flat to the side of the ground floor and rent it out for a little extra income.
For the investors, the total rent per week is currently $825.00 - this is broken into two leases (one for the main house and the other the granny flat). With some minor cosmetic updates this rent could be increased even further. It's a popular rental for employees and students at the Royal Brisbane Hospital and the Queensland University of Technology.
Property Features:
- A well proportioned 415sqm block with plenty backyard space. Currently the yard includes a large shed that has been converted into a rumpus room, it would make a great home office, artists studio or workshop.
- The house is currently separated into a 4 bedroom, 2 bathroom main house plus a separated 1 bedroom, 1 bathroom granny flat.
- Upon entry from the front door you walk into the open plan living and dining space which includes a large kitchen and all leads out to the undercover patio and the backyard.
- The kitchen is a lovely country style with a huge amount of storage, plenty of bench space and a large pantry. It includes stainless steel appliances and a gas stove.
- Also downstairs is a separate entry to the separate unit. This unit has a doorway to the main house also so the whole space can be opened up. It includes one bedroom, an open plan living space and small kitchen, a bathroom and its own laundry with access to the backyard.
- In between the two spaces is a room currently allocated to the granny flat, it makes a great extra lounge room or media room.
- Upstairs is the original workers cottage complete with VJ walls and ceilings, and original timber flooring (underneath the carpet).
- The upstairs includes 4 large bedrooms. The master bedroom includes a walk-in-robe and ensuite.
- The main bathroom is quite spacious and includes a bath and two storage cupboards. The toilet is separate.
- At the top of the stairway holds a great office/study space.
With a little TLC this home would make the perfect family residence and would sit beautifully with all the other incredibly well renovated properties on the street. Hetherington St is a sought after address in Herston so you can buy here with confidence.
The Location:
Herston is a small Inner City suburb with a population of about 1,800 residents. It is dominated by the Royal Brisbane and Women's Hospital. The hospital campus is also shared by the Queensland Institute of Medical Research, New Dental Hospital and the Royal Children's Hospital.
The suburb is also well known for the Victoria Park Golf Complex which is soon to be converted into the largest inner-city greenspace in Brisbane. Other infrustructre projects coming to the area include the Brisbane Metro Rail Link Herston Station and the Herston Quarter upgrade of the Royal Brisbane Hospital.
Herston is mostly a residential suburb; many of Herston's residents are employed by the hospital, the nearby at the Queensland University of Technology in Kelvin Grove or make the short 3km trip to the CBD. There is also a significant student population that studies at the university.
The nearby Kelvin Grove Urban Village offers great shopping including many Restaurants and Cafes, a local Supermarket, Butcher, Chemist and with many other great amenities and services such as banking with the local BOQ, Dentists, Doctors, a fantastic Gym. Every Saturday the Village holds a Farmers market from 6am-1pm. You are also only moments away from the Newmarket shops. Also, you can make great use of the Northey Street Organic farmers markets every Sunday - arguably Brisbane's best markets.
Listing description written by Sam Alroe, Ray White Spring Hill — reproduced as published, not verified by Districts.