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QLD › Raceview › Katie Way

28 Katie Way, Raceview QLD 4305

House

$686,888

Last sold

23 July 2025

3

Bedrooms

1

Bathrooms

2

Car spaces

473 m²

Land

111 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $686,888 (23 July 2025).(Recorded sale)
  • CalculationLand 473 m² against a 111 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Raceview (last 5 years) with land size: median $1,276/m² of land (n=149). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

What this lot has actually traded at

Last sold

$686,888

23 July 2025 · derived via latest_sale

Local land rate: recorded House sales in Raceview (last 5 years) with land size have a median of $1,276/m² of land (n=149). Districts calculation from recorded sales — not a valuation.

Raceview at a glance

10,782

People

$860,000

Median sale

$589/wk

Median rent

3.56%

Suburb gross yield

Median sale from 119 recorded sales (last 12 months) — a Districts calculation.

See the full Raceview report →

Vs Raceview

-20.1%

Median sale

Suburb $860,000

+0.90 pp

Gross yield

Suburb 3.56%

Suburb median $860,000 from 119 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$686,88823 July 2025
  2. Listedprice unknowncompleted27 June 2025

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 $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.

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

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

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

Raceview in one glance

Raceview at a glance

10,782

People

$860,000

Median sale

$589/wk

Median rent

3.56%

Suburb gross yield

Median sale from 119 recorded sales (last 12 months) — a Districts calculation.

See the full Raceview report →

Keep researching

  • Why Raceview? Read the area thesis →
  • What else is on the market in Raceview →
  • Other records on Katie Way →

Listing material

Listed by Place Ipswich

CALLING ALL INVESTORS, FIRST HOME BUYERS OR DOWNSIZERS

• Solid lowset brick & tile home on a fully fenced 473m2 block

• 3 Generous bedrooms with built-in wardrobes including fans

• Well-appointed two-way bathroom

Read the full description

• Double lock up garage

• Open-plan kitchen, dining & living area that leads to the backyard

• Space for the kids to play or to add a pool

• Minutes to the Cunningham Highway

• Less than a 45-minute drive to Brisbane City

• About a 10-minute drive to Ipswich CBD

• Only a 25-minute drive to Orion Shopping Centre

• Less than a 15-minute drive to the Splash 'N' Play in South Ripley

• Tenant already in place for the savvy investor

Located in the established and family-friendly neighbourhood of Raceview, this solid brick home offers comfortable living with practical features and plenty of potential.

Inside, you'll find three generous bedrooms, all with built-in wardrobes, a well-appointed two-way bathroom, and a separate toilet for added convenience. The open-plan kitchen, living and dining area provides a functional and welcoming layout - ideal for everyday living or entertaining guests.

Enjoy year-round comfort with air conditioning in the main living area and ceiling fans in all bedrooms. The double lock-up garage ensures secure parking and extra storage space.

Set in a perfect location, you'll be just minutes from the Cunningham Highway, within walking distance to the local park, and only a short drive to schools, shops, and amenities.

Whether you're starting out as first home buyer, investing, or looking to downsize, this low-maintenance home is a smart choice in a sought-after Raceview location. Properties like this don't last long in this market so contact Katrina Woodrow at First National Action Realty to secure your inspection today.

DISCLAIMER: First National Action Realty 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. All distances, measurements and timeframes contained within this advertisement are approximate only. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Listing description written by Katrina Woodrow, Place Ipswich — reproduced as published, not verified by Districts.

Districts

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

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