Annerley at a glance
13,103
People
$1,535,000
Median sale
$646/wk
Median rent
2.19%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
QLD › Annerley › Somervell St
$1,800,000
Last sold
9 Dec 2025
10
Bedrooms
6
Bathrooms
0
Car spaces
810 m²
Land
347 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
$1,800,000
9 Dec 2025 · derived via latest_sale
Local land rate: recorded Block of Units sales in Annerley (last 5 years) with land size have a median of $2,455/m² of land (n=3). Districts calculation from recorded sales — not a valuation.
Annerley at a glance
13,103
People
$1,535,000
Median sale
$646/wk
Median rent
2.19%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Vs Annerley
+17.3%
Median sale
Suburb $1,535,000
-0.32 pp
Gross yield
Suburb 2.19%
Suburb median $1,535,000 from 26 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 $646/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Annerley at a glance
13,103
People
$1,535,000
Median sale
$646/wk
Median rent
2.19%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Prowealth PaddingtonThis fully tenanted block of 6 internal units on 810sqm (2 titles of 405sqm each) and zoned LMR2 Low-medium density residential (2 or 3 storey mix) is offered for sale to the astute investor looking for strong rental return and redevelopment growth potential.
Please read the entire listing for answers to most questions.
Note - Video Inspection available, please submit an enquiry.
Built pre war with a total annual gross rental income of around $103,000 and no body corporate you will be fully in control of your investment. Further cosmetic renovations could increase your return, or you could look to redevelop the site.
Unit 1 - $350pw
2 bed, 1 bath + Study
Lease End 2/5/26
Unit 2 - $330pw
2 bed, 1 bath
Lease End 6/2/26
Unit 3 - $300pw
1 bed, 1 bath
Lease End 23/7/26
Unit 4 - $300pw
1 bed, 1 bath or 2 bed combined living area.
External Bathroom
Lease End 28/1/26
Unit 5 - $400pw
2 bed, 1 bath
Lease End 3/7/26
Unit 6 - $300pw
1 bed, 1 bath or 2 bed combined living area.
Lease End 3/11/26
Current Yield
$1,980 per week /
$102,960 per year
• 810sqm consisting of 2 titles of 405sqm each.
• Separate electricity meters, combined water.
• BCC Rates approx $2,113 per quarter
• Water approx $1,687 per quarter (not separately metered).
• No Body Corporate Fees
Located in a great pocket of Annerley the units are walking distance to public transport (Fairfield Train Station) and Ipswich Road. Close to cafes, shops, eateries, kindergarten/childcare services and schools, as well as easy access to major arterials.
An 8-minute drive to the City and a 10-minute drive to Southbank.
For Sale Now.
Provide your details for access to
- Disclosure Statement.
- Private video inspection link.
- Offer Document.
Note physical inspections are available AFTER viewing the inspection link and submitting an EOI.
Acceptable Terms
• 7 Business days Building and Pest
• 10 Business days Finance.
• 30 Day Settlement
Recent Sales yields of apartment blocks for information purposes only -
412 Annerley Road, Annerley
4.31% Return
$1,500,000
Sold May 2025
708sqm
3 x 2 bed units
Gross rental return $64,740
Weatherboard Walk Up
752 Ipswich Road, Annerley
4.81% Return
$1,917,000
Sold on 31 Mar 2025
809m2
Unit Details (Separately titled)
- 1 x 4-bed / 1-bath / 2-car
- 3 x 2-bed / 1-bath / 1-car
- 1 x 1-bed / 1-bath / 1-car
Gross rental return $92,300 per year
Brick and tile walk up.
*Note Images have been modified with AI for tenant privacy.
Listing description written by Daniel Goodwin, Prowealth Paddington — reproduced as published, not verified by Districts.