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QLD › Graceville › Lorna St

24 Lorna St, Graceville QLD 4075

House

$1,370,000

Last sold

15 Aug 2025

4

Bedrooms

2

Bathrooms

3

Car spaces

690 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,370,000 (15 Aug 2025).(Recorded sale)
  • FactLand 690 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Graceville (last 5 years) with land size: median $2,619/m² of land (n=68). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Low density residential (LDR) under the Brisbane City Plan 2014.(Brisbane City Council · 1 Sept 2026)

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. 1No 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

$1,370,000

15 Aug 2025 · derived via latest_sale

Local land rate: recorded House sales in Graceville (last 5 years) with land size have a median of $2,619/m² of land (n=68). Districts calculation from recorded sales — not a valuation.

Graceville at a glance

4,993

People

$1,630,000

Median sale

$762/wk

Median rent

2.43%

Suburb gross yield

Median sale from 29 recorded sales (last 12 months) — a Districts calculation.

See the full Graceville report →

Vs Graceville

-16.0%

Median sale

Suburb $1,630,000

+0.46 pp

Gross yield

Suburb 2.43%

Suburb median $1,630,000 from 29 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Brisbane City Plan 2014

Zone

Low density residential

LDR

Jurisdiction

Brisbane City Council

Brisbane, QLD

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: Brisbane City Council
  • Dataset: City Plan 2014 Zoning
  • Retrieved: 1 Sept 2026
  • Version: 2014
  • Parcel: 45RP106619

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$1,370,00015 Aug 2025
  2. Listedprice unknowncompleted30 July 2025
  3. Listedprice unknowncompleted30 July 2025

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?

Confidence: medium

Zoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 772 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $762/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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 772 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

    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?

    Knownmedium

    Official parcel about 772 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

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Graceville in one glance

Graceville at a glance

4,993

People

$1,630,000

Median sale

$762/wk

Median rent

2.43%

Suburb gross yield

Median sale from 29 recorded sales (last 12 months) — a Districts calculation.

See the full Graceville report →

Keep researching

  • Why Graceville? Read the area thesis →
  • What else is on the market in Graceville →
  • Other records on Lorna St →

Listing material

Listed by Place Graceville

Exceptional four-bedroom family home in tranquil parkside location

Offered for the first time in 46 years to the market, this dual-level property promises a spectacular lifestyle with its incredible entertainment options, upgraded swimming pool and parkside location. Set on a 690sqm allotment opposite tree-lined Girraween Park, this fantastic residence invites you discover Graceville's many charms.

Lovingly maintained and beautifully presented, the home exudes charm with its established gardens, classic facade and unique roofline. Showcasing modern elegance, the property's interior features timber-look floors, plantation shutters and a calming neutral colour palette.

Flowing from the residence's welcoming entry and covered front porch, a spacious open-plan living and dining area is filled with natural light. Allowing you to relax and host guests in style, an impeccable adjoining kitchen displays a three-metre-long granite breakfast bar boasting a leather-look finish. This outstanding culinary space offers instant hot water, a black granite double sink, crisp white cabinetry with ample cupboard storage, a Miele dishwasher, a VZug combi fan forced steam oven and an induction cooktop with a wok burner. Additionally, an electric oven benefits from a plate warmer.

Read the full description

Continuing the entertainment options outside, the rear garden is fully fenced and private, lined with an array of flowering plants. The in-ground swimming pool's newly installed glass framing provides safe access and a clear view across the grassed pool area, keeping an eye on the kids will be a breeze.

Finishing the ground level is a dedicated study, plus a well-appointed main bathroom with granite benchtops, fitted with a single vanity, shower, toilet and hidden laundry facilities. Two sizeable bedrooms encompass built-in robes.

Upstairs, another two bedrooms featuring oversized built-in robes are accompanied by another family bathroom including a single vanity, shower and toilet.

Complete with a secure three-car garage and a storage shed, the home also includes a dedicated storage space to the right side of the home, which is suitable for a van or trailer. Also worthy of note, the garage is accessed remotely from the street and may also be purposed as a desirable undercover entertaining area. This space is accessible internally via the rear living area of the home and perfect for large family gatherings or safe party area.

Finally, you will appreciate the energy efficiency of the property with 3kw of solar powering the home, along with a separate solar generated hot water system. The 5,000 litre water tank will also help to maintain the attractive garden surrounds.

Only a leisurely stroll from a plethora of popular cafes, restaurants and boutiques, this sensational property overlooks the tranquillity of Girraween Park and playground. A short stroll to the Riverside Shopping Village, the riverfront of Simpsons Playground Reserve and Faulkner Park's sporting facilities, the home is surrounded by walking paths and cycling tracks. Families will appreciate the direct bike pathway nearby to Graceville State School. Honour Avenue's fashionable attractions and the Graceville train station are a stone's throw away. The residence also offers proximity to Indooroopilly Shopping Centre, the scenic Indooroopilly Riverwalk and UQ's Saint Lucia campus.

Falling within the Graceville State School and Corinda State High School catchment areas, this marvellous home is also a short distance from Christ the King Primary School, Saint Aidan's Anglican Girls' School and Saint Joseph's Catholic Primary School. Do not miss this exclusive opportunity – call to arrange an inspection today.

Disclaimer

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

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 Karen Simons, Place Graceville — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Floorboards
  • Living Areas: 2
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Shed
  • Solar Panels
  • Study
  • Water Tank

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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.