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QLD › Tarragindi › Weller Rd

23 Weller Rd, Tarragindi QLD 4121

For saleHouse for Sale

$1,500,000

For sale

Asking

6

Bedrooms

2

Bathrooms

3

Car spaces

573 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,500,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,500,000(Listing record · 30 July 2026)
  • FactLand 573 m²; no building size recorded.(Property record)
  • CalculationAsk is 11% below the Tarragindi median recorded sale ($1,686,000, n=59, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Tarragindi's advertised median rent ($646/wk), implied gross yield would be 2.24% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,500,000

Asking · $2,618/m² of land

No recorded sale for this property.

Tarragindi at a glance

11,732

People

$1,686,000

Median sale

$646/wk

Median rent

1.99%

Suburb gross yield

Median sale from 59 recorded sales (last 12 months) — a Districts calculation.

See the full Tarragindi report →

Vs Tarragindi

-11.0%

Median sale

Suburb $1,686,000

+0.25 pp

Gross yield

Suburb 1.99%

Suburb median $1,686,000 from 59 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,500,000
Stamp Duty (Queensland)
$66,775
Transfer/Registration Fee
$6,394
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,576,869

$76,869 on top of the price (5.1% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Tarragindi's advertised median rent — not a rent for this listing.

Net yield
0.74%
Annual cashflow (pre-tax)
$-66,908
Interest cover (DSCR)
0.14
Annual rent
$33,592
Operating expenses
$22,500
Loan amount
$1,200,000
Annual interest
$78,000
Gross yield
2.24%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$1,500,000available30 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $646/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Tarragindi in one glance

Tarragindi at a glance

11,732

People

$1,686,000

Median sale

$646/wk

Median rent

1.99%

Suburb gross yield

Median sale from 59 recorded sales (last 12 months) — a Districts calculation.

See the full Tarragindi report →

Keep researching

  • Why Tarragindi? Read the area thesis →
  • What else is on the market in Tarragindi →
  • Other records on Weller Rd →

Listing material

Listed by Place Woolloongabba

Spacious Family Home with Exceptional Flexibility

Behind its current use as a small business lies an exciting opportunity to secure a spacious family home in one of Brisbane's most convenient locations. Positioned on a generous block within Low Density Residential zoning, 23 Weller Road offers the rare chance to restore a character-filled property back into a family residence while comfortably living in the home. The versatile home is also suitable for those looking for a live-and-work arrangement.

Spanning approximately 322sqm across two levels, the home's adaptable floorplan provides the space modern families are looking for. Upstairs, the layout offers comfortable family living, featuring three generous bedrooms, a central bathroom, spacious kitchen, open-plan living and dining area, and a huge multipurpose room that could become a children's retreat, games room or oversized family room. A covered rear deck completes the upper level, providing the perfect setting to relax and unwind.

The lower level presents endless possibilities. Currently configured as consulting rooms and reception areas, this level could easily be transformed into additional bedrooms, a home office, media room, teenager's retreat, guest accommodation, gym, workshop or hobby spaces. The flexibility allows buyers to tailor the home to suit their family's lifestyle both now and into the future.

Read the full description

Just moments from quality schools including Holland Park State School, Marshall Road State School and Cavendish Road State High School, the home also enjoys easy access to public transport, the Veloway, parks, cafes and major arterial roads, placing the CBD within easy reach while maintaining the family-friendly atmosphere Tarragindi is renowned for.

Features

- Low-density residential zoning

- Approximately 322sqm of internal space across two levels

- Fully air-conditioned throughout

- Opportunity to convert back into a spacious family residence

- Three generous bedrooms on the upper level

- Large open-plan living and dining area

- Functional kitchen with adjoining covered deck

- Huge upstairs multipurpose room ideal as a family room, games room or home cinema

- Flexible lower level with multiple rooms suitable for additional bedrooms

- Two bathrooms servicing both levels plus a powder room

- Air conditioning throughout much of the home

- Excellent storage options

- Off-street parking

- Walking distance to bus services and the Veloway

- Within catchments for Holland Park State School and Cavendish Road State High School

- Approximately 8km to the Brisbane CBD

Offering plenty of space, versatility and future potential, this is a great opportunity for renovators and larger families. For more information, contact Mitchell Smith and Brendon Hannah.

Disclaimer

This property is being sold without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

*AI has been used to generate how some of the rooms would look furnished as bedrooms and living rooms.

Disclaimer:

We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Listing description written by Mitchell Smith, Place Woolloongabba — reproduced as published, not verified by Districts.

Property features

  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.