Riverview at a glance
3,595
People
$772,500
Median sale
$582/wk
Median rent
3.92%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
QLD › Riverview › Tessman St
$673,000
Last sold
1 Nov 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
607 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
$673,000
1 Nov 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 Riverview (last 5 years) with land size have a median of $747/m² of land (n=118). Districts calculation from recorded sales — not a valuation.
Riverview at a glance
3,595
People
$772,500
Median sale
$582/wk
Median rent
3.92%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Vs Riverview
-12.9%
Median sale
Suburb $772,500
+0.58 pp
Gross yield
Suburb 3.92%
Suburb median $772,500 from 28 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 $582/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
Riverview at a glance
3,595
People
$772,500
Median sale
$582/wk
Median rent
3.92%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by HousequestSimply move on in and unpack your goodies as this very tidy, upgraded, updated and large solid brick double storey home has plenty of space to spread out within and has had a long list of renovations freshly completed to ensure it is move in ready. Setup the home business or home office on the lower level thanks to a very large room that could be divided into 2 if needing extra office space or a media/rumpus room as well. Think of how good life would be to just descend the internal stairs with coffee in hand and slippers still on feet then logon via the NBN connection and do some office or business paperwork! The other bonus is if you need to do paperwork of a different kind a 2nd loo is also found on this lower level, as well as an under stair storage cupboard, separate laundry and a double garage with workshop space. The garage area has a 2.4m ceiling height to the underside of the hardwood timber flooring above so potentially a conversion into some extra liveable space could happen...especially since the flat and long driveway out front of it could also potentially have a carport plonked onto it! A privacy door also separates the lower level from the front entry foyer whilst the internal stairs deliver you to the Penthouse level above.
On this upper level you will find a superfresh kitchen complete with top/bottom pantry, electric appliances and a dishwasher that all adjoins a separate dining space that exits out onto the covered rear deck and access to the external rear stairs. Air conditioning pumps the climate control thru the kitchen/dining and very large lounge room that also opens out into the front sunroom/study or kids play area/lounge.
Be sure to grab a fresh towel and new cake of soap when passing the double door built in linen/storage hallway cupboard on the way to the very tidy bathroom that is found amongst the 3 very good sized bedrooms that all have ceiling fans whilst the larger sized main bedroom also gifts y'all a double mirrored door built in robe.
This flood free and elevated position 607m2 block also has potential caravan/boat/trailer etc parking along both sides of the home with a bit of fence panel tweaking and some tree/shrub killing.
Walk to the local bus stop/parkland/day care facility/primary school/private college/train station and be within just a few minutes drive from Redbank Plaza Shopping Centre as well as access onto the Cunningham & Warrego Highways as well as Brisbane Road.
Block size: 607m2
Bedrooms: 3 + study/kids lounge/sunroom
Bathrooms: 1 (but 2 loos!!)
Formal lounge: 1
Family room: 1 (Teenager retreat/Media/Rumpus Room)
Car accommodation: 2 longer than standard garages with workshop area (2.4m to underside of hardwood timber flooring above)
Outdoor entertainment: Covered rear pergola + Under deck area
Fenced yard: Fenced rear yard
Air conditioning: Kitchen/Dining/Lounge
Roof Type: Roof Tiled
Tenants: Nope. Rent Appraised Approx $570/$580 week
Amenities: Walk to Bus/Day care facility/Primary School/St Peter Claver College/train station. Close to Shopping Centre/Motorway/Highway
Flood Free? - Absolutely
Listing description written by Tank Lee, Housequest — reproduced as published, not verified by Districts.