Newmarket at a glance
5,498
People
$1,830,000
Median sale
$664/wk
Median rent
1.89%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
$1,950,000
Last sold
20 Aug 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
923 m²
Land
Districts View
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
$1,950,000
20 Aug 2021 · derived via latest_sale
Local land rate: recorded House sales in Newmarket (last 5 years) with land size have a median of $2,958/m² of land (n=51). Districts calculation from recorded sales — not a valuation.
Newmarket at a glance
5,498
People
$1,830,000
Median sale
$664/wk
Median rent
1.89%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Newmarket
+6.6%
Median sale
Suburb $1,830,000
-0.12 pp
Gross yield
Suburb 1.89%
Suburb median $1,830,000 from 27 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Brisbane City Plan 2014
Zone
Low-medium density residential (2 or 3 storey mix)
LMR
Jurisdiction
Brisbane City Council
Brisbane, QLD
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
QLDZoned Low-medium density residential (2 or 3 storey mix) · LMR (Brisbane City Plan 2014). Official parcel area about 954 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $664/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low-medium density residential (2 or 3 storey mix) · LMR (Brisbane City Plan 2014). Official parcel area about 954 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 954 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Newmarket at a glance
5,498
People
$1,830,000
Median sale
$664/wk
Median rent
1.89%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Solutions AlderleyProperties with a large parcel of land so close to the city like this one very rarely come on the market.
The Home
This beautiful Queenslander is welcoming from first glance with its charming character and timeless details including wide beaded VJ's, polished hardwood timber floors, 3 metre ceilings and custom leadlights. This home has been lovingly restored and maintained with the perfect blend of classic charm and modern conveniences. The presentation is absolutely immaculate, inside and out. The home features a master suite with an oversized walk-in robe, another three generous built-in bedrooms, a spacious, well-appointed kitchen with granite benchtops and a family friendly floor plan. The open plan living areas boasts a flawless indoor/outdoor integration to the impressive covered alfresco area overlooking the large yard that has potential to create an outdoor play area for the kids or further indulge the Queensland lifestyle. Year-round comfort is ensured with air conditioning and a freestanding slow combustion fireplace. This is an amazing home for family and friends to come together, you will love living here! Please make an online enquiry for a detailed List of Features and for further details of everything the home has to offer.
The Position
Located just 4 kilometres from the CBD, and is as close to a cul de sac as you can get! There is no through traffic, and direct access at the end of the street to the Enoggera Creek Bikeway. You can walk or cycle to the Royal Brisbane Hospital Precinct, Victoria Park, Kelvin Grove College and Queensland University of Technology.
If public transport is more your speed, the busway on Enoggera Road is a 2-minute walk-away and just over 10 minutes' walk to the Newmarket Train Station. The Newmarket Reading Shopping Centre is practically at your doorstep, located at the end of the street and it offers a cinema, restaurant precinct, a selection of specialty shops, Coles supermarket, doctors, dentist, gyms and so much more. Conveniences are a literal stone's throw away!
For families with children, the property is situated within the school catchments for several in-demand state and private schools including Newmarket State Primary School, Kelvin Grove College, and St Ambrose School, just 400 metres away.
The Land
Offers an Easterly aspect to the front, and is perfectly positioned in the middle of the street. There is a gentle slope towards the road which gives 100% level access to the rear of the home. The property has automated gated entries leading to a fully enclosed yard, giving you security and safety for children and pets while having plenty of space to play.
What Next?
Tightly held in the same family for nearly 30 years, homes like 24 Foster Street are rare to find, highly sought after and seldom available. Extremely liveable as it is, yet brimming with potential. This immaculate family home with the huge added benefit of development and land banking is unlike any other home you'll find - an extraordinary opportunity that you have to see. Call Andrew Cowan today!
Attributes include, but are not limited to:
· Master with ensuite & air-conditioned walk-in robe
· Main bathroom includes separate bath, shower, bidet and marble benchtop
· Study features built in desk and exceptional storage
· Kitchen with granite benchtops, Silky Oak cabinetry, and generous corner pantry.
· The fireplace is housed in a hand beaten copper casing on a granite base.
· Laundry includes additional toilet, extensive cabinetry, and fold out ironing board.
· Under house storage
· Huge Double remote lock up garage with space for storage and workbench
· Large secure yard with raised garden beds and fruit trees.
· Liveable as is with upside potential
A host of extra features include:
· Video Intercom System to front Gate
· Security Alarm System
· Vacuum-Maid
· Mains Gas Hot Water & Cooking
· 5-Kilowatt Solar System with Wi-Fi Connectivity
. Smart lighting to formal entrance light posts
. 3000 Litre Water Tank
Listing description written by Andrew Cowan, Harcourts Solutions Alderley — reproduced as published, not verified by Districts.
Also look at
U1, 10 Garden Tce, Newmarket QLD 4051
1-bed apartment. Currently listed.
U8, 53 Erneton St, Newmarket QLD 4051
2-bed unit. Asking $875K.
52 Willmington St, Newmarket QLD 4051
4-bed house. Currently listed.
U3, 6 Garden Tce, Newmarket QLD 4051
2-bed townhouse. Currently listed.