Narangba at a glance
24,560
People
$1,060,000
Median sale
$623/wk
Median rent
3.06%
Suburb gross yield
Median sale from 207 recorded sales (last 12 months) — a Districts calculation.
For sale
For sale
3
Bedrooms
1
Bathrooms
2
Car spaces
1,406 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
No recorded sale price for this property yet.
Narangba at a glance
24,560
People
$1,060,000
Median sale
$623/wk
Median rent
3.06%
Suburb gross yield
Median sale from 207 recorded sales (last 12 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 $623/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
Narangba at a glance
24,560
People
$1,060,000
Median sale
$623/wk
Median rent
3.06%
Suburb gross yield
Median sale from 207 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Altora GlobalBEST OFFERS CLOSE 29 MAY | MUST BE SOLD
23 Thomas Street, Narangba – Strategic Growth Site with Clear Medium-Density Planning Signals
All Offers Must Be Submitted by 29 May – Property Will Be Sold.
This is not a “wait and see” campaign — this property is being released with clear instructions to sell and a firm deadline that creates genuine urgency in the market.
Positioned within one of Narangba’s designated growth areas, this site sits within the Urban Neighbourhood Place Type under the Moreton Bay Planning Scheme, an area specifically identified for increased housing diversity and long-term urban intensification.
For buyers who understand planning frameworks, this immediately signals future flexibility beyond traditional residential use (STCA).
Key Planning Signals Buyers Will Recognise Immediately
This site includes several attributes that place it firmly on the radar for forward-thinking buyers:
- Urban Neighbourhood Place Type designation
(planning intent supporting medium-density residential outcomes over time)
- General Residential Zone
(allowing a broad range of residential development forms subject to approval)
- Building Height Overlay up to 27m
(indicative of long-term urban consolidation potential within the broader corridor)
Density framework guidance in surrounding precincts supporting higher residential yield outcomes (STCA)
Individually, these are important — combined, they create a clear planning narrative of future intensification potential that warrants serious investigation by developers and land bankers.
What This Site Naturally Lends Itself To (STCA)
Without over-stating approvals, the planning framework suggests the site may be suitable for:
- Duplex or dual-occupancy configuration
- Townhouse or terrace-style redevelopment
- Low-rise multiple dwelling concepts
- Longer-term redevelopment or land amalgamation strategies
These are not claims of approval — they are logical outcomes consistent with Urban Neighbourhood zoning intent and surrounding precinct evolution, subject to council approval and design outcomes.
Holding Income + Immediate Use
The existing dwelling provides an immediate holding option while future plans are assessed.
The home includes:
- Three-bedroom layout with functional separation
- Balcony access from master bedroom
- Separate living and dining zones
- Downstairs multipurpose area with separate entry potential
- Solid structure suitable for renovation, rental or interim holding strategy
This allows the asset to perform today while positioning for tomorrow.
Why This Location Is Already on the Radar
Narangba continues to be one of Moreton Bay’s most active growth corridors, supported by:
- Strong population expansion
- Ongoing residential subdivision and infill pressure
- Transport connectivity to Brisbane employment hubs
- Increasing demand for higher-density housing forms
This combination is exactly what drives future zoning uplift interest and redevelopment feasibility over time.
THE REALITY: THIS IS A TIME-DRIVEN SALE
This campaign is structured around urgency and competition:
- Best Offers Close 29 May
There is no extended campaign period. No waiting for “the right buyer.” The instructions are clear — the property will be sold.
FINAL WORD
This is a site that experienced buyers will immediately recognise as a planning-influenced landholding in a transitioning residential corridor, with multiple future pathways available depending on strategy.
Opportunities in this category are not sitting on the market for long in the current climate — especially when they are priced and structured for a fast result.
Enquire immediately to secure your position before Best Offers close on 29 May.
Listing description written by Thomas Dennis, Altora Global — 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.