Lutwyche at a glance
5,432
People
$1,642,500
Median sale
$656/wk
Median rent
2.08%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
8
Bedrooms
4
Bathrooms
4
Car spaces
617 m²
Land
356 m²
Building
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
Nothing about this record stands out yet — coverage may still be filling in.
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
No recorded sale price for this property yet.
Lutwyche at a glance
5,432
People
$1,642,500
Median sale
$656/wk
Median rent
2.08%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
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 $656/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
Lutwyche at a glance
5,432
People
$1,642,500
Median sale
$656/wk
Median rent
2.08%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by One Percent PropertyWelcome to 27 Wesley Street, Lutwyche! This renovated apartment block contains four self-contained units (all on one title), and with high rental yield it is a great opportunity to secure a high-density block and land-bank for the future!
Current rental yield is circa $100,000 but we have had the property independently appraised at $520 - $570 per unit per week bringing the potential rental income to $108,160 - $118,560
Each unit is thoughtfully laid out and features two well-appointed bedrooms and one large bathroom, along with living/dining spaces and large kitchens - each equipped with gas cooktops. The apartments have been well looked after and are fully functional as-is but can also be renovated or improved to add value.
The property is situated on a large 617m2 block, with carport parking for four vehicles at the back. There is a shed for extra storage, whilst the property is surrounded at the front and rear by low-maintenance minimal gardens.
With loads of easily-added value in a fantastic location, this unit block won't be on the market for long! Ensure that 27 Wesley Street in Lutwyche is on your open home schedule for this weekend!
Each Unit Features:
- Two bedrooms.
- One bathroom.
- Living/dining space.
- Large kitchen with gas cooktop.
Property Features:
- Carport parking for four cars.
- Exterior upstairs terrace.
- Communal laundry.
- Shed.
- Minimal gardens.
Location Features:
- 6.1km to Brisbane CBD.
- 4.7km to Westfield Chermside.
- 550m to Market Central Lutwyche.
- 50m to Parks and Walking tracks.
- 1.5km to Windsor State School.
- 1.7km to Kedron State High School.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in 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 Daniel Hooper, One Percent Property — reproduced as published, not verified by Districts.