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QLD › Corinda › Richmond St

25 Richmond St, Corinda QLD 4075

House

$885,000

Last sold

23 Nov 2023

3

Bedrooms

3

Bathrooms

1

Car spaces

405 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 $885,000 (23 Nov 2023).(Recorded sale)
  • FactLand 405 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Corinda (last 5 years) with land size: median $2,471/m² of land (n=45). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

$885,000

23 Nov 2023 · derived via latest_sale

Local land rate: recorded House sales in Corinda (last 5 years) with land size have a median of $2,471/m² of land (n=45). Districts calculation from recorded sales — not a valuation.

Corinda at a glance

5,933

People

$1,540,000

Median sale

$676/wk

Median rent

2.28%

Suburb gross yield

Median sale from 18 recorded sales (last 12 months) — a Districts calculation.

See the full Corinda report →

Vs Corinda

-42.5%

Median sale

Suburb $1,540,000

+1.69 pp

Gross yield

Suburb 2.28%

Suburb median $1,540,000 from 18 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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$885,00023 Nov 2023
  2. Listedprice unknowncompleted6 Sept 2023

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $676/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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Corinda in one glance

Corinda at a glance

5,933

People

$1,540,000

Median sale

$676/wk

Median rent

2.28%

Suburb gross yield

Median sale from 18 recorded sales (last 12 months) — a Districts calculation.

See the full Corinda report →

Keep researching

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

Listing material

Listed by Hood Estate Agents

Garden Splendour

This wonderful bespoke residence from 1970 has a charming ambience throughout and is situated on a 405m2 hillside allotment. The hi-set chamferboard home is perfectly framed by a welcoming greenery entrance via hardwood timber steps that meander down into the easy-care allotment. Blanketed under a canopy of native, tropical plantings offering privacy to the homes’ residents; this appealing dwelling delivers a serene, relaxed quietness.

The home constructed in hardwood is in the central and established suburb of Corinda bordering Sherwood and Oxley and sits in a cul-de-sac amongst other signature existing and brand-new character residences.

With sub-tropical design elements, the porch veranda entrance has painted dark grey timber slats that grant it privacy whilst promoting relaxation and provides a sense of calmness.

Read the full description

Once inside, a formalised living room greets you and during warmer months this area can be easily cooled down with air-conditioning or the ceiling fan. The polished hardwood floors are immediately noticeable, as they shine and can be seen extending throughout the residence.

Continuing down the central hall you pass by 3 individual bedrooms with the main showcasing a new ensuite. Each bedroom is brightened and cooled with either a ceiling fan or air-conditioning. The primary family bathroom contains a full bath with overhead shower and there is a separate toilet. The thriving foliage seen from within this residence at many points in the home continues to add solitude.

Towards the rear of this home the theme continues with an air-conditioned dining, breakfast area and vast kitchen. You will appreciate the openness as this being the central point in the home, it can accommodate for a larger number of people when entertaining family or friends and it conveniently spills out to another covered deck. Again, the beauty of this tranquil residence is that privacy continues to be afforded.

The modern kitchen offers extensive cabinetry and benchtops and include a clean gas cooktop, electric under bench oven, rangehood and dishwasher. The island bench offers the perfect breakfast bar and place to enjoy a casual meal.

Ideally positioned out through sliding French doors and supporting an interplay between inside and outside where the rear deck meets the kitchen. The large back deck faces directly North to capture prevailing summer breezes and warm winter sun. This is the current owners most occupied space with not just entertaining but mainly relaxing, again, made private thanks to the considered layout and advanced plantings of nurtured, tropical palms and hedging.

Here’s the secret; it has all been strategically planted throughout the manicured garden beds which attracts a variety of native birds to watch with wonder. There is plenty of room here to add a children’s trampoline.

The lower level of the dwelling consists of a large painted concrete multipurpose area with laundry and functional third bathroom. This area is clean and airy and provides you extra storage, a home gym or hobby area is possible and there is even a separate workshop. This home currently has accommodation for 1 to 2 vehicles undercover.

In addition, the position hidden away from any school or local traffic flow helps it to remain a quiet and serene locale so you can easily unwind when you arrive home. Oxley train station is within a 15-minute walk and next to Woolworths shopping centre and a variety of cafes and restaurants. Popular schools including St Aidan’s Anglican Girls School and Corinda State Primary and High Schools are less than a 5-minute drive away.

Listing description written by Martin Hood, Hood Estate Agents — reproduced as published, not verified by Districts.

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.