Fairfield at a glance
2,846
People
$1,337,500
Median sale
$619/wk
Median rent
2.41%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
QLD › Fairfield › Brisbane Corso
$1,305,000
Last sold
11 Oct 2024
2
Bedrooms
2
Bathrooms
1
Car spaces
567 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
$1,305,000
11 Oct 2024 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Fairfield (last 5 years) with land size have a median of $2,033/m² of land (n=49). Districts calculation from recorded sales — not a valuation.
Fairfield at a glance
2,846
People
$1,337,500
Median sale
$619/wk
Median rent
2.41%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Fairfield
-2.4%
Median sale
Suburb $1,337,500
+0.06 pp
Gross yield
Suburb 2.41%
Suburb median $1,337,500 from 20 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 $619/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
Fairfield at a glance
2,846
People
$1,337,500
Median sale
$619/wk
Median rent
2.41%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White West EndIn-Room Auction
Location: Ray White West End (5/156 Boundary Street, West End)
Thursday 7th October 2021 at 11am
The Brisbane Corso - 'A well known and desired street situated on the South of the Brisbane river, close to parks, cafes and 5kms to the city' - the perfect location! In the Inner City South State Secondary College catchment area - and also very close to many other schools.
Owners circumstances mean that they have now committed to sell this little gem in the heart of Fairfield. Do not pass this by, all price ranges should inspect! This will be a decision that in 5 years' time you will either boast about or regret missing out on. Make sure you are on the right side of the argument!
This home is beautifully nestled into one of Fairfield's highly sought after streets with a generous design; the rooms feature light and space while enjoying leafy outlooks from this suburban location. Set on 567sqm the home takes advantage of a leafy riverside locale and soaks in the sunshine on the back entertainment deck which overlooks the grassed backyard.
A large galley style kitchen, fully appointed, and greatly situated. This room is also perfect for anyone who is looking to renovate to add their touch however also perfect for the opposite as this kitchen is extremely functional! The back private deck is also adjoined to the kitchen as well as the lounge making the floor plan extremely versatile and perfect for entertaining.
Option 1: An excellent entry level investment opportunity. Rent out the home and capitalise on future gains.
Option 2: Renovate the existing home and enjoy being centrally located in Fairfield.
Option 3: Remove the existing dwelling (STCA) and build your dream home on the 567sqm of land with a 15m frontage.
This is a great location where kids will enjoy the lifestyle of playing cricket in the street or riding bikes in this quiet spot. With only minutes to river walks and the River loop bikeway its perfect for a relaxing lifestyle. Bus routes are at the end of the street, tightly held this pocket sells itself with hardly any movement giving it credence as a great place to live.
Contact Michael Nolan or Adam Edwards for more information!
Listing description written by Michael Nolan, Ray White West End — reproduced as published, not verified by Districts.