Raceview at a glance
10,782
People
$860,000
Median sale
$589/wk
Median rent
3.56%
Suburb gross yield
Median sale from 119 recorded sales (last 12 months) — a Districts calculation.
$959,999
Last sold
17 July 2026
5
Bedrooms
3
Bathrooms
2
Car spaces
413 m²
Land
210 m²
Building
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
$959,999
17 July 2026 · derived via latest_sale
Local land rate: recorded House sales in Raceview (last 5 years) with land size have a median of $1,276/m² of land (n=149). Districts calculation from recorded sales — not a valuation.
Raceview at a glance
10,782
People
$860,000
Median sale
$589/wk
Median rent
3.56%
Suburb gross yield
Median sale from 119 recorded sales (last 12 months) — a Districts calculation.
Vs Raceview
+11.6%
Median sale
Suburb $860,000
-0.37 pp
Gross yield
Suburb 3.56%
Suburb median $860,000 from 119 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 $589/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
Raceview at a glance
10,782
People
$860,000
Median sale
$589/wk
Median rent
3.56%
Suburb gross yield
Median sale from 119 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White IpswichDual Income Opportunity in the Heart of Raceview
Positioned in a peaceful street within one of Raceview's most sought-after pockets, 24 Valma Street presents an outstanding opportunity to secure a well-maintained duplex offering immediate rental income and long-term investment potential.
Set on a low-maintenance 413m² allotment, this quality low-set brick property comprises two well-presented residences, both currently tenanted, making it an ideal addition to any investment portfolio. Whether you're looking to expand your portfolio or secure a set-and-forget investment in a high-demand location, this property delivers the perfect combination of quality, convenience and reliable returns.
Designed for comfortable everyday living, both residences have been thoughtfully maintained and feature practical, light-filled layouts. The tiled living and dining areas provide a modern, low-maintenance finish, while air conditioning ensures year-round comfort. Each bedroom is complete with built-in wardrobes, offering excellent storage and functionality for tenants.
In total, the property offers five generous bedrooms, three well-appointed bathrooms and accommodation for two vehicles, providing broad tenant appeal for families, couples and professionals alike.
Raceview continues to be one of Ipswich's strongest-performing suburbs, renowned for its family-friendly atmosphere, excellent schools, shopping centres, parks and convenient access to major transport links. Situated in a quiet, established street, this property enjoys the benefits of peaceful living while remaining only minutes from all essential amenities.
Investment opportunities of this calibre are becoming increasingly difficult to find. With both dwellings already tenanted, low-maintenance construction, and a location that continues to experience strong rental demand, 24 Valma Street represents an exceptional opportunity to secure a quality income-producing asset in a thriving community.
Property Features:
• 5 bedrooms | 3 bathrooms | 2 car spaces
• 210sqqm under roof on a 413sqm block
• Quality low-set brick duplex
• Both residences currently tenanted, providing immediate rental income
• Air conditioning for year-round comfort
• Built-in wardrobes to all bedrooms
• Tiled living and main traffic areas
• Well-maintained and beautifully presented throughout
• Quiet, family-friendly street in a highly desirable Raceview location
Located Nearby (*Approximate):
• 8 minutes to Amberley District State School*
• 2 minutes to Bethany Lutheran Primary School*
• 2 minutes to Raceview State School*
• 8 minutes to University of Southern Queensland*
• 5 minutes to Winston Glades Shopping Centre*
• 11 minutes to Yamanto Central*
• 15 minutes to Riverlink Shopping Centre*
• 9 minutes to Ipswich Hospital*
• 8 minutes to Ipswich CBD*
• 42 minutes to Brisbane CBD*
If you would like more information or wish to book a private inspection, please don't hesitate to get in touch.
Chevy Sukkar | 0478 181 001
Alix Smith | 0431 326 867
We look forward to meeting you!
Disclaimer: Ray White has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accepts no responsibility and disclaims all liability with 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 Chevy Sukkar, Ray White Ipswich — reproduced as published, not verified by Districts.