Kelvin Grove at a glance
9,724
People
$1,520,000
Median sale
$641/wk
Median rent
2.19%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
QLD › Kelvin Grove › Gibb St
$870,000
Last sold
4 Jan 2021
3
Bedrooms
1
Bathrooms
1
Car spaces
513 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
$870,000
4 Jan 2021 · derived via latest_sale
Local land rate: recorded House sales in Kelvin Grove (last 5 years) with land size have a median of $3,556/m² of land (n=54). Districts calculation from recorded sales — not a valuation.
Kelvin Grove at a glance
9,724
People
$1,520,000
Median sale
$641/wk
Median rent
2.19%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Kelvin Grove
-42.8%
Median sale
Suburb $1,520,000
+1.64 pp
Gross yield
Suburb 2.19%
Suburb median $1,520,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Brisbane City Plan 2014
Zone
Character residential (Infill housing)
CR
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 Character residential (Infill housing) · CR (Brisbane City Plan 2014). Official parcel area about 516 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 $641/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 Character residential (Infill housing) · CR (Brisbane City Plan 2014). Official parcel area about 516 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?
KnownmediumNo 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
Kelvin Grove at a glance
9,724
People
$1,520,000
Median sale
$641/wk
Median rent
2.19%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Aurora Property BrisbaneOnly 4kms from the CBD and boasting unbeatable access to the best features inner-city Brisbane has to offer, this home is the perfect opportunity for a savvy buyer!
The property has amazing potential for development thanks to its fully livable upper level - create your ideal downstairs renovation with no impact on your lifestyle!
The upper level features classic Queenslander traits including high ceilings, VJ walls and original timber floors. Thanks to a new roof and fresh coat of paint, the house looks almost brand new! Living features include air-conditioning and bedrooms complete with ceiling fans and built-in wardrobes to two of the bedrooms, with the master room and second bedroom offering attached spaces perfect for use as a home office or nursery, or for renovating into an ensuite! The rest of the upper level is open plan and incorporates some brilliant modern features, such as a contemporary kitchen with stone island bench with waterfall edge and high-quality european appliances. From here the home flows into the open living space and out onto a massive back deck perfect for entertaining family and friends with sunset drinks and nibbles overlooking Newmarket.
The downstairs space is a blank canvas ready for you to make your mark! Currently featuring a laundry and oodles of storage space, there is so much potential here to craft a custom living experience. Add extra bedrooms and a rumpus to offer more space for the family, or even turn the whole level into self-contained living and rent out for additional income! Thanks to the home's proximity to QUT, this option is guaranteed to provide a reliable income stream and allow you choice in tenants.
The spacious backyard provides an additional undercover space and plenty of grassed area. Driveway access to the huge backyard shed offers convenient storage for additional vehicles, while the shed itself is perfect for a tradie, handyman or tinkerer. The easy care gardens provide a vibrant setting and offer privacy from the neighbours, creating a peaceful inner city green space just for you and your family.
The local area is jam-packed with fantastic features and things to do. Kelvin Grove Urban Village and Victoria Park are just a short walk away, offering shopping, markets, and heaps of outdoor fun practically on your doorstep. A five minute drive will take you to Newmarket Village or Windsor Homezone for even more shopping, dining and cinema experiences! Proximity to major roads and reliable public transport offers east access to dining hubs such as King Street and James Street, along with RBWH and the new Herston Quarter just down Herston Road. QUT and Kelvin Grove State College are both within walking distance, while inner city private schools are only a few bus stops away.
Don't miss this fantastic opportunity to own a slice of inner Brisbane. Make it your Place and book an inspection today!
**Property Disclaimer** This property is being sold by auction or 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.
Listing description written by Mario Sultana, Aurora Property Brisbane — reproduced as published, not verified by Districts.