Chelmer at a glance
3,276
People
$1,890,000
Median sale
$837/wk
Median rent
2.30%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
QLD › Chelmer › Richmond St
$1,500,000
For sale
$1,500,000
Last sold
10 June 2023
3
Bedrooms
1
Bathrooms
1
Car spaces
612 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
Asking
$1,500,000
10 June 2023 · derived via latest_sale
Local land rate: recorded House sales in Chelmer (last 5 years) with land size have a median of $2,945/m² of land (n=59). Districts calculation from recorded sales — not a valuation.
Chelmer at a glance
3,276
People
$1,890,000
Median sale
$837/wk
Median rent
2.30%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Vs Chelmer
-20.6%
Median sale
Suburb $1,890,000
+0.60 pp
Gross yield
Suburb 2.30%
Suburb median $1,890,000 from 19 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$76,869 on top of the price (5.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Chelmer's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $837/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
Chelmer at a glance
3,276
People
$1,890,000
Median sale
$837/wk
Median rent
2.30%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Place New FarmHeld on a generous 612sqm parcel with a wide 15-metre frontage, this elevated 1950s post-war home occupies a prized position within one of Chelmer's most tightly held elevated pockets. Set behind an expansive front lawn with established gardens, the home offers immediate comfort while presenting exceptional scope to renovate, extend, raise, or reimagine entirely (STCA). Surrounded by premium residences and benefiting from a north-facing rear aspect, the address combines strong present-day liveability with outstanding long-term potential.
A secure front porch introduces a spacious separate lounge, generous in scale and designed for comfortable family living, which extends through to a private deck with internal garage access. A dedicated dining room sits centrally within the floorplan, linking seamlessly to the updated U-shaped kitchen, appointed with ample bench space and cabinetry, together with an electric cooktop and wall-mounted oven.
Three north-facing bedrooms are positioned privately away from the living spaces, serviced by a central bathroom with separate powder room. An internal laundry, ceiling fans, split-system air conditioning, side ramp access, semi-detached garage and additional under-house storage further enhance everyday practicality.
The yard wrapping around the home is a genuine standout. Large, level and exceptionally usable, it offers rare family-sized outdoor space in this blue-chip inner-west location. The north-facing rear aspect enhances natural light throughout the day, creating an ideal setting for children, pets and future entertaining, with clear scope for a swimming pool, extension or further landscaping enhancements (STCA).
Positioned within a quiet, tree-lined street, the home enjoys exceptional convenience to transport options, local cafés, Sherwood Village and Indooroopilly Shopping Centre. River walks, cycling paths and Sherwood Arboretum are all close by, reinforcing the lifestyle appeal of this highly regarded inner-west address. The home falls within the catchment for Graceville State School and Indooroopilly State High School, while also offering excellent access to nearby private schooling including St Aidan's Anglican Girls' School and St Peters Lutheran College.
Offering immediate liveability with exceptional future upside, this is an outstanding opportunity to secure a substantial landholding in one of Chelmer's most tightly held pockets. Contact us today to arrange your inspection.
Listing description written by Ann-Karyn Fraser, Place New Farm — reproduced as published, not verified by Districts.