Parkinson at a glance
12,093
People
$1,432,500
Median sale
$750/wk
Median rent
2.72%
Suburb gross yield
Median sale from 54 recorded sales (last 12 months) — a Districts calculation.
$1,225,000
Last sold
15 Apr 2025
5
Bedrooms
2
Bathrooms
2
Car spaces
762 m²
Land
285 m²
Building
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
$1,225,000
15 Apr 2025 · derived via latest_sale
Local land rate: recorded House sales in Parkinson (last 5 years) with land size have a median of $1,825/m² of land (n=83). Districts calculation from recorded sales — not a valuation.
Parkinson at a glance
12,093
People
$1,432,500
Median sale
$750/wk
Median rent
2.72%
Suburb gross yield
Median sale from 54 recorded sales (last 12 months) — a Districts calculation.
Vs Parkinson
-14.5%
Median sale
Suburb $1,432,500
+0.46 pp
Gross yield
Suburb 2.72%
Suburb median $1,432,500 from 54 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 $750/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
Parkinson at a glance
12,093
People
$1,432,500
Median sale
$750/wk
Median rent
2.72%
Suburb gross yield
Median sale from 54 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker Browns PlainsWelcome to 23 Otway Street, a remarkable family residence nestled in the heart of the peaceful and coveted suburb of Parkinson, QLD 4116. This exceptional house is the epitome of spacious living and has been meticulously designed to cater to the needs of the growing family looking to upscale or the astute investor.
Boasting five generously proportioned bedrooms, each comes complete with built-in wardrobes, ensuring that storage will never be an issue. The master bedroom serves as a true haven, offering a private ensuite and walk-in robe for a touch of luxury. The heart of the home is the expansive kitchen, where ample bench space and a large pantry cupboard make it a joy to cook and entertain in. A dedicated media room offers the perfect setting for family movie nights or a tranquil escape from the hustle and bustle.
The rumpus room provides an adaptable area that could be utilised as a teen retreat, children's playroom, or a space for hobbies. The main bathroom is designed with a family in mind, featuring a bath, shower, and a separate toilet for added convenience. A separate laundry room enhances the functionality of the home, while outside, the property doesn't disappoint with a substantial alfresco entertaining area, perfect for social gatherings or relaxing barbecues.
Set on a generous 762 square metre block, this home offers a double lock-up garage with ample storage, and the added benefit of a serene locale with low-maintenance gardens.
For investors and families looking to upscale to a property with space, comfort, and versatility, 23 Otway Street presents an opportunity not to be missed.
Property Features:
* 5 Generous Bedrooms: All equipped with built-in wardrobes,
* Master retreat with an ensuite and walk-in robe.
* Media Room: Ideal for family movie nights or a quiet retreat.
* Spacious Kitchen: Plenty of bench space and a pantry cupboard and top of the line appliances , perfect for the ardent home chef
* Rumpus Room: A versatile space for teenagers, kids' play, or a hobby area.
* Main Bathroom: Featuring a bath, shower, and a separate toilet for convenience.
* Separate Laundry Room: Adding practicality to your daily routine.
* Outdoor Entertaining Area: A large alfresco space for hosting gatherings or enjoying family barbecues.
* Double Lock-Up Garage: Secure parking with additional storage options.
* Roof Restoration carried out
* Nestled in a quiet and family-friendly neighbourhood, this property offers plenty of room both inside and out, with low-maintenance gardens and a layout that flows effortlessly.
Besides the Parkinson Recreational Reserve, residents can enjoy other nearby amenities such as the Algester Sports Club, which offers a range of activities and social events for the community. Healthcare: Quality healthcare is just around the corner, with nearby medical centers, pharmacies, and the Sunnybank Private Hospital within easy reach. Community Feel: Parkinson is known for its family-friendly atmosphere, safe streets, and strong sense of community, making it an ideal place to raise a family or enjoy a peaceful lifestyle. These location highlights add to the appeal of 23 Otway Place making it not just a home, but a lifestyle choice that offers the best of suburban living.
Disclaimer: We have in preparing this information used our best endeavors to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur.
Listing description written by Bala Rajan, LJ Hooker Browns Plains — reproduced as published, not verified by Districts.