Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

QLD › Thorneside › Alma St

27 Alma St, Thorneside QLD 4158

For saleHouse for Sale

$1,588,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

460 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,588,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,588,000(Listing record · 6 Aug 2026)
  • CalculationAsk is 20% above the Thorneside median recorded sale ($1,325,000, n=22, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Thorneside's advertised median rent ($640/wk), implied gross yield would be 2.10% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$1,588,000

Asking · $3,452/m² of land

No recorded sale for this property.

Thorneside at a glance

4,020

People

$1,325,000

Median sale

$640/wk

Median rent

2.51%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Thorneside report →

Vs Thorneside

+19.8%

Median sale

Suburb $1,325,000

-0.41 pp

Gross yield

Suburb 2.51%

Suburb median $1,325,000 from 22 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,588,000
Stamp Duty (Queensland)
$71,835
Transfer/Registration Fee
$6,813
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,670,348

$82,348 on top of the price (5.2% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Thorneside's advertised median rent — not a rent for this listing.

Net yield
0.60%
Annual cashflow (pre-tax)
$-73,116
Interest cover (DSCR)
0.11
Annual rent
$33,280
Operating expenses
$23,820
Loan amount
$1,270,400
Annual interest
$82,576
Gross yield
2.10%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$1,588,000available6 Aug 2026

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 $640/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

Gross yield if leased at the suburb aggregate is 2.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Thorneside in one glance

Thorneside at a glance

4,020

People

$1,325,000

Median sale

$640/wk

Median rent

2.51%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Thorneside report →

Keep researching

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

Listing material

Listed by Bayside Property Agents

Is this the tree house? Or the sea house… better yet it’s BOTH!

Designed to embrace natural light, privacy and effortless indoor-outdoor living, this striking residence delivers a lifestyle that's both sophisticated and incredibly functional. Set behind established gardens in one of Thorneside's most desirable pockets, every space has been thoughtfully designed to maximise comfort, flexibility and year-round entertaining.

From the moment you step inside, the home opens into an expansive open-plan living and dining area where soaring ceilings, rich timber flooring and walls of glass create a warm, light-filled atmosphere. The designer kitchen sits at the heart of the home, overlooking the living spaces and flowing seamlessly to the covered alfresco deck, making everyday living and entertaining effortless.

Running alongside the home is a stunning lap pool, creating a true resort-style backdrop that's visible from multiple living areas. Whether you're relaxing with family or entertaining friends, this home has been designed to make the most of Queensland living.

Read the full description

Upstairs offers excellent separation with four generous bedrooms, including a spacious master retreat complete with ensuite, walk-in robe and private balcony. A second living area provides the perfect children's retreat, media room or quiet reading space, while downstairs a large study offers the flexibility to work from home.

Property Features:

- Four generous bedrooms plus large downstairs study/home office

- Master suite with ensuite, walk-in robe and private balcony

- Multiple living areas across two levels

- Open-plan kitchen, living and dining with excellent natural light

- Designer kitchen with island bench and quality appliances

- Covered outdoor entertaining deck with built-in BBQ

- Resort-style lap pool with adjoining spa

- Double lock-up garage with internal access

- Ground floor powder room

- Separate laundry

- Beautiful timber flooring throughout the main living areas

- High ceilings and excellent cross ventilation

- Low-maintenance landscaped gardens

Located just moments from the waterfront, this home offers the best of Bayside living. Enjoy morning walks along the foreshore, nearby parks, boat ramps and scenic cycling paths, while Thorneside Train Station provides an easy commute to Brisbane CBD. Families will appreciate being close to quality schools including Birkdale State School, Wellington Point State High School, Carmel College and Ormiston College, along with nearby shopping precincts, cafés and the lifestyle attractions of Wellington Point Village.

Have you heard? The Redlands is set to be transformed for the 2032 Olympic Games. Spanning 62 hectares, the Birkdale Community Precinct Master Plan will celebrate habitat, culture and heritage with multiple plazas, entertainment areas and ecological sites, including a wetland boardwalk, zip line and treetop walk. Boasting Redland Coast's first public lagoon and an adventure playground, this exciting space will neighbour Birkdale's Whitewater Centre, the secured venue for the 2032 Olympics canoe slalom

Disclaimer:

Disclaimer:

If this property is being sold without a price, the website may have filtered the property into a price bracket for website functionality purposes. Please contact the agent for a rental appraisal.

Listing description written by Luke Humphrys, Bayside Property Agents — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • In-Ground Pool
  • Study
  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.