Graceville at a glance
4,993
People
$1,630,000
Median sale
$762/wk
Median rent
2.43%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
QLD › Graceville › Verney Road East
$1,110,000
Last sold
11 May 2024
2
Bedrooms
1
Bathrooms
1
Car spaces
405 m²
Land
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
$1,110,000
11 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Graceville (last 5 years) with land size have a median of $2,585/m² of land (n=68). Districts calculation from recorded sales — not a valuation.
Graceville at a glance
4,993
People
$1,630,000
Median sale
$762/wk
Median rent
2.43%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs Graceville
-31.9%
Median sale
Suburb $1,630,000
+1.14 pp
Gross yield
Suburb 2.43%
Suburb median $1,630,000 from 29 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 $762/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
Graceville at a glance
4,993
People
$1,630,000
Median sale
$762/wk
Median rent
2.43%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Penrose Real EstateHere's Your Very Rare, Affordable, Entry-Level Opportunity to Secure a Home in a Prime Location! Let's put it plainly - if you're looking for the ideal starter home that gives you a prime location AND offers you the flexibility to live in, rent, or eventually knock down and build your dream home - you've just found a very rare affordable entry level opportunity to establish yourself in a great location close to absolutely everything!
With two bedrooms, a generous living area, eat-in kitchen, and hardwood floors throughout - this post-war north-facing home, maybe the smallest in your peaceful leafy green street, exudes its own comfortable charm and is on the high side of the street, occupying a well-maintained easy-care block of 405sqm - flat enough to stick in a cricket pitch, or add on a deck and inground pool...
Close to public transport and an extensive range of excellent public and private schools, you're also a short stroll to Graceville Riverside with its vibrant array of cafes, restaurants, shops, the cinema, gym, and numerous sports grounds and parks, not to mention morning and evening walks by the river! Indooroopilly Shopping Town is also just across the bridge.
With your home having been loved by its previous owner for over forty years, this home MUST be sold as part of an inheritance sale. With this being one of those extremely rare and affordable hen's teeth opportunities offering you so many opportunities to live in, rent out, or knock down and build your dream home - this property is going to auction so act quickly and get in contact to inspect today!
Why This Could Be Your Opportunity of a Lifetime...
• Secure a 2 bedroom post-war home on well-maintained 405sqm block in prime location
• North facing and high side of peaceful, leafy in-demand street
• Hardwood floors, air-conditioning and fans
• Flat easy-care block perfect for building deck and pool
• Live in, rent out, or knock down and build your dream home
• Gazebo and garage / shed at rear
• Close to excellent range of private and public schools
• Stroll to train station, buses, shops, cafes, restaurants
• Walk to parks, sports grounds, enjoy river walks etc.
• Just across the bridge to Indooroopilly Shopping Town
Please note the garage will not be accessible by all kinds of vehicles due to the narrow driveway.
This property is being sold by auction and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Please note any boundaries shown on the images are indicative only and are not to be relied upon.
Penrose Real Estate has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct 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.
Please note the property can be sold prior to auction date. Please register for the auction to be notified if selling prior.
Listing description written by Christina Penrose, Penrose Real Estate — reproduced as published, not verified by Districts.
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