Carina Heights at a glance
7,832
People
$1,637,500
Median sale
$718/wk
Median rent
2.28%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
QLD › Carina Heights › Olivia Dr
$1,475,000
Last sold
7 May 2025
5
Bedrooms
2
Bathrooms
2
Car spaces
920 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$1,475,000
7 May 2025 · derived via latest_sale
Local land rate: recorded House sales in Carina Heights (last 5 years) with land size have a median of $2,146/m² of land (n=49). Districts calculation from recorded sales — not a valuation.
Carina Heights at a glance
7,832
People
$1,637,500
Median sale
$718/wk
Median rent
2.28%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs Carina Heights
-9.9%
Median sale
Suburb $1,637,500
+0.25 pp
Gross yield
Suburb 2.28%
Suburb median $1,637,500 from 24 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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
QLDPlanning 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.
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
No advertised rent is recorded. Suburb median rent $718/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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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
Carina Heights at a glance
7,832
People
$1,637,500
Median sale
$718/wk
Median rent
2.28%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Coronis Inner SouthNestled in one of Carina Heights' most tightly held and serene pockets, 24 Olivia Drive offers the perfect blend of comfort, space, and convenience. This expansive lowset brick and tile home, built in the early 1990s, sits on a generous 920m² north-east-facing block, directly opposite Olivia Drive Park.
The moment you step inside, you're greeted by a light-filled open-plan layout designed to meet the needs of large family living. The home features ducted air conditioning throughout, ensuring year-round comfort. The spacious kitchen boasts ample storage with two large pantries, an electric cooktop, oven, and dishwasher. Multiple living and dining areas provide flexibility for family gatherings, while the main family space overlooks the sprawling backyard.
The master bedroom is a private retreat with a walk-in robe, a large ensuite featuring a shower and separate toilet. Bedrooms 2, 3, and 4 all include built-ins, and the fifth bedroom offers the versatility to double as a study. The main bathroom is generously sized with a bathtub and shower, while the separate laundry with external access adds to the home's functionality.
Outside, the enormous fully fenced backyard is a family haven, offering space for a pool, dual side access, a garden shed, and a massive undercover entertaining area ideal for hosting guests or unwinding in privacy. Additional features include security screens throughout, a double remote-controlled lock-up garage with internal access, and peace of mind in this safe and quiet neighbourhood.
This property presents a possible opportunity for future development potential, with the possibility of subdivision (subject to council approval). Buyers are encouraged to conduct their own inquiries with the local council to explore the options available.
Positioned within the coveted Cavendish Road State High School and Mount Gravatt East State School catchments, the location is second to none. Enjoy easy access to the nearby reserve with walking tracks and scenic lookouts, as well as proximity to Metropol Shopping Centre, Pacific Golf Course, and Westfield Carindale. The Gateway Motorway is only minutes away for seamless travel, while public transport options ensure an easy city commute.
LOCATION:
-Approx. 7.5km to Brisbane CBD
-Approx. 10km to Brisbane Airport
-Approx. 400m to Metropol Shopping Centre
-Approx. 500m to Pacific Golf Course
-Approx. 1.5km to Seton College
-Approx. 2km to Cavendish Road State High School
-Approx. 2km to Mount Gravatt East State School
-Approx. 1.6km to Whites Hill State College
-Approx. 1km to Mount Gravatt TAFE
-Approx. 1.2km to Westfield Carindale
-Approx. 3km to Gateway Motorway
FEATURES:
-Ducted air conditioning
-Rear undercover entertainment area
-Dual side access
-Fully fenced yard
-Garden shed
-NBN connectivity
-Double remote controlled garage
Rental Appraisal $900-$950 per week
Don't miss the chance to make it your own as properties in this tightly held pocket of Carina Heights do not come by often. Contact Tony King on 0416847686 to find out more.
Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.
Listing description written by Tony King, Coronis Inner South — reproduced as published, not verified by Districts.
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