Wavell Heights at a glance
11,245
People
$1,570,000
Median sale
$656/wk
Median rent
2.17%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
QLD › Wavell Heights › Newman Rd
$1,147,500
Last sold
30 Apr 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
711 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
$1,147,500
30 Apr 2025 · derived via latest_sale
Local land rate: recorded House sales in Wavell Heights (last 5 years) with land size have a median of $2,489/m² of land (n=141). Districts calculation from recorded sales — not a valuation.
Wavell Heights at a glance
11,245
People
$1,570,000
Median sale
$656/wk
Median rent
2.17%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Vs Wavell Heights
-26.9%
Median sale
Suburb $1,570,000
+0.80 pp
Gross yield
Suburb 2.17%
Suburb median $1,570,000 from 75 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 $656/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
UnknownArea
Wavell Heights at a glance
11,245
People
$1,570,000
Median sale
$656/wk
Median rent
2.17%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by TG Property Group Real EstateNestled in one of Wavell Heights' most sought-after pockets, 23 Newman Road offers a rare opportunity to secure a beautifully updated post-war home on a spacious 711sqm block. This property is perfect for families, investors, or property developers seeking a home with cottage charm, modern upgrades, and endless potential. With recent improvements including new solar panels with a backup battery, freshly painted interiors, and a new fence, this home is move-in ready, while also providing ample opportunity for further growth and development.
The Home -
Inside, you will discover a spacious, open-plan living and dining area that's bathed in natural light, thanks to the abundance of casement windows surrounding the home. High ceilings, polished hardwood floors, and ornate cornices add to the home's timeless post-war charm. The modern kitchen, centrally located, features quality appliances, including a gas cooktop, oven, and dishwasher, along with ample storage and preparation space. The home offers three generously sized bedrooms, two of which include built-in wardrobes. All bedrooms are equipped with ceiling fans and split-system air conditioners, ensuring year-round comfort. The living room also features a split-system air conditioner, providing comfort throughout the main living space. The beautifully renovated bathroom boasts a large walk-in shower, providing a modern touch to this classic home.
The Outdoors -
The property's outdoor space is equally impressive, offering a large, level backyard with endless possibilities for further development. There's ample room to add a pool, expand the home, or create a private garden oasis. A new fence securely encloses the property, with electric gates at the front and side of the house for added convenience and security. The spacious rear deck, shaded for added privacy, is perfect for entertaining or relaxing while enjoying the expansive backyard. Additional outdoor features include a double lock-up garage with remote control, a separate storage shed, and an external laundry room, providing added convenience and functionality.
Potential Development -
With a 17m frontage and 41m depth, the land offers incredible potential for development. Whether you're considering renovating the existing home, raising/extending it, or removing it to make way for something new (subject to council approval), the possibilities are endless. The property retains its charming post-war features, including casement windows, hardwood flooring, and ornate cornicing, all while ensuring peace of mind with professionally removed asbestos materials. Additionally, the property has strong rental and tax depreciation potential, making it an attractive investment opportunity.
The Area -
Situated in one of the most desirable pockets of Wavell Heights, this home is ideally located for convenience and lifestyle. Within walking distance, you'll find local parks, the Downfall Creek Bikeway, cafes, and shopping districts. A bus stop right at your doorstep offers direct routes to the Toombul Interchange, and it's just a short 3-minute drive to both Wavell Heights State School and Wavell State High School. 7th Brigade Park is only 500m away, while Shaw Park, North Rugby Club, Shaw Park Tennis Centre, and Kedron AFL Club are all within a 5-minute drive. For those needing to commute, Virginia Railway Station is just a 5-minute drive away, offering easy access to Brisbane City and Brisbane Airport. Additionally, Chermside Shopping Centre and The Prince Charles Hospital are both less than 5 minutes by car.
Make your move with confidence - this is space, lifestyle & development practicality at its absolute best. The location and neighbourhood are superb, so avoid disappointment and act quickly.
For further information or to arrange your inspection, please contact Tamara Gannon on 0457 299 689.
Disclaimer: This property is advertised for sale/for auction without a price and as such, a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Please do not make any assumptions about the sale price of this property based on website price filtering.
Listing description written by Tamara Gannon, TG Property Group Real Estate — reproduced as published, not verified by Districts.
Nearby 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.