Raceview at a glance
10,782
People
$862,500
Median sale
$589/wk
Median rent
3.55%
Suburb gross yield
Median sale from 116 recorded sales (last 12 months) — a Districts calculation.
QLD › Raceview › Burgess St
$880,000
Last sold
30 Apr 2026
3
Bedrooms
2
Bathrooms
1
Car spaces
815 m²
Land
189 m²
Building
Districts View
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
$880,000
30 Apr 2026 · derived via latest_sale
Local land rate: recorded House sales in Raceview (last 5 years) with land size have a median of $1,299/m² of land (n=149). Districts calculation from recorded sales — not a valuation.
Raceview at a glance
10,782
People
$862,500
Median sale
$589/wk
Median rent
3.55%
Suburb gross yield
Median sale from 116 recorded sales (last 12 months) — a Districts calculation.
Vs Raceview
+2.0%
Median sale
Suburb $862,500
-0.07 pp
Gross yield
Suburb 3.55%
Suburb median $862,500 from 116 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 $589/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
Raceview at a glance
10,782
People
$862,500
Median sale
$589/wk
Median rent
3.55%
Suburb gross yield
Median sale from 116 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by STRUD PropertyFor the Investor:
- Current rent: $500 per week
- Rental appraisal: $600 to $630 per week
- Rates: $743.25 per quarter (subject to change)
- Water: $444.59 per quarter (subject to change)
Set on a generous block in a quiet, established pocket of Raceview, this spacious family home offers far more than first meets the eye. With a brand new roof, new wood-look vinyl flooring throughout, a clever garage conversion that delivers a genuine fourth bedroom or second living area, and a backyard ready to accommodate a large shed, extra carports, or a future garage, this is a home built around flexibility, practicality, and lifestyle.
The garage has been converted into a fully utilised space, functioning as a fourth bedroom, home office, or second living area, giving this three-bedroom home the footprint and flexibility of something much larger. And with only one carport currently in place, there's a real opportunity to add additional covered parking, a new garage, or capitalise on the wide side access to run a large shed through to the backyard.
Interior:
Inside, the home presents beautifully with new wood-look vinyl flooring throughout and a new roof already taken care of. There are three well-sized bedrooms, all with ceiling fans, and the master includes a private ensuite. Both bathrooms have been updated with modern finishes, and the modernised kitchen features ample bench space and quality cabinetry. The open plan living and dining area is air-conditioned for year-round comfort, while the converted garage adds a genuine fourth bedroom, second lounge, or home office. A well-sized internal laundry with direct outdoor access completes the interior.
Outdoor & Infrastructure:
Outside, the home continues to impress. A large covered entertaining area is perfect for year-round hosting, overlooking a flat, spacious backyard with plenty of room for a pool, play equipment, or a large shed. Wide side access makes it easy to store trailers, boats, or caravans, and there's genuine scope to add extra carports, a new garage, or run a substantial shed through to the rear of the block. A garden shed, established gardens, and a covered carport with additional driveway parking round out a very well-appointed property.
Location Highlights:
- 3 minutes to Raceview State School
- 4 minutes to Silkstone Village Shopping Centre
- 6 minutes to Ipswich CBD
- 7 minutes to Riverlink Shopping Centre
- 8 minutes to Ipswich Hospital
- 10 minutes to the University of Southern Queensland
With a new roof, fresh flooring, a flexible fourth room, and serious scope to add infrastructure both at the front and through to the backyard, 28 Burgess Street is a home that delivers today and rewards over time. Whether you're an owner-occupier looking for room to grow or an investor seeking strong rental upside in a well-connected suburb, this one is worth a serious look.
Disclaimer:
STRUD Property 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.
Listing description written by Tom Fox, STRUD Property — reproduced as published, not verified by Districts.