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QLD › Tarragindi › Fernvale Rd

24 Fernvale Rd, Tarragindi QLD 4121

House

$1,450,000

Last sold

14 Sept 2024

4

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,450,000 (14 Sept 2024).(Recorded sale)

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

What this lot has actually traded at

Last sold

$1,450,000

14 Sept 2024 · derived via latest_sale

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

-14.0%

Median sale

Suburb $1,686,000

+0.33 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.

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. Sold$1,450,00014 Sept 2024
  2. Listedprice unknowncompleted5 Aug 2024
  3. Listedprice unknowncompleted5 Aug 2024

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

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

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 Fernvale Rd →

Listing material

Listed by Ray White West End

RARE OPPORTUNITY: EXCEPTIONAL PROPERTY WITH DUAL STREET FRONTAGES - SUBDIVIDE, INVEST OR MOVE IN & ENJOY 893SQM

Unlock the potential of this exceptional 893sqm property located in the sought-after neighbourhood of Tarragindi. This is a rare opportunity with prime dual street frontages on Salkeld Street and Fernvale Road. The expansive parcel offers endless options for savvy investors and future homeowners alike. Perfectly positioned 7km from Brisbane's CBD, in a leafy, vibrant community, this property stands out with its remarkable size and prime location.

Key Features:

- Prime Location: Enjoy the best of both worlds with two prominent street frontages Salkeld Street and Fernvale Road, providing unparalleled accessibility and visibility. Tarragindi offers access to highly sought after catchment schools such as St Elizabeth's Catholic Primary School and Loreto College. Located only 9 minutes from Brisbane CBD with easy access to public transport and only minutes away from Toohey Forest.

Read the full description

- Generous Land Size: Spanning an impressive 893sqm, this property offers ample space for your creative vision. Whether you're looking to build your dream home or undertake a redevelopment project, the possibilities are endless.

- Redevelopment Potential: Currently featuring an existing home, this property is ideal for those looking to knock down and rebuild, redevelop or subdivide. Create a modern masterpiece or a classic family retreat in a neighborhood known for its charm, character and high-growth potential.

71 Salkeld Street Options:

- Leave the existing home on 400sqm on Fernvale Road and subdivide the vacant 493sqm lot on Salkeld Street

- Demolish and Build two large homes and reap the strength of the high-end Tarragindi market

- Move-into the existing home & Enjoy the large rear deck and yard with access for caravans, boats or even build a tennis court

The property's dual street access not only enhances its functionality but also opens up exciting possibilities for design and development. Imagine a contemporary home with street appeal, or a mixed-use development that could cater to the needs of the growing community. This is an opportunity to create a space that truly reflects your vision and meets the demands of modern living.

Additionally, Tarragindi's close-knit community, café scene and its proximity to key amenities ensure that your new development will be both desirable and well-connected. Whether you are looking to create a standout residential property or explore innovative development options, this land provides a canvas ready for transformation.

Don't miss out on this rare chance to secure a prime piece of real estate in Tarragindi. Contact us today to learn more and take the first step toward realizing your vision!

Listing description written by Michael Nolan, Ray White West End — reproduced as published, not verified by Districts.

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.