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QLD › Wakerley › Friend St

29 Friend St, Wakerley QLD 4154

House

$1

Last sold

5 June 2023

4

Bedrooms

2

Bathrooms

2

Car spaces

573 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1 (5 June 2023).(Recorded sale)
  • FactLand 573 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Wakerley (last 5 years) with land size: median $2,289/m² of land (n=116). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$1

5 June 2023 · derived via latest_sale

Local land rate: recorded House sales in Wakerley (last 5 years) with land size have a median of $2,289/m² of land (n=116). Districts calculation from recorded sales — not a valuation.

Wakerley at a glance

9,118

People

$1,660,000

Median sale

$870/wk

Median rent

2.73%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Wakerley report →

Vs Wakerley

-100.0%

Median sale

Suburb $1,660,000

+4523997.27 pp

Gross yield

Suburb 2.73%

Suburb median $1,660,000 from 25 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$15 June 2023
  2. Listedprice unknowncompleted17 May 2023

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 $870/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

Wakerley in one glance

Wakerley at a glance

9,118

People

$1,660,000

Median sale

$870/wk

Median rent

2.73%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Wakerley report →

Keep researching

  • Why Wakerley? Read the area thesis →
  • What else is on the market in Wakerley →
  • Other records on Friend St →

Listing material

Listed by Golden Gates Realty

LOWSET HAVEN CLOSE TO BAYSIDE SPACIOUS & MODERN LOWSET NEXT TO PARK A TRANQUIL RETREAT 10 MINS TO MANLY

Positioned in trendy Wakerley, a bustling and vibrant east-side suburb of Brisbane that sits just 10 minutes away from the beautiful bayside, this modern and well-presented four bedroomed home offers an incredible entry-level opportunity for a savvy buyer to secure and move in straight away.

A top choice for a family home, or an ideal starter for a couple, the lowset brick and tile home has a fantastic layout with a range of quality features and comforts you'd expect in a modern house. Situated off an easement, the battle-axe block is a level 573sqm and neighbours a council parkland to the back, making it extra private and peaceful for owners.

Alternatively for any astute investors seeking a quality and affordable property in this booming suburb you can expect solid rental returns, low vacancy rates and minimal maintenance on this well-placed property.

Read the full description

The property has an attractive frontage with level drive leading to the double garage with internal entry and gated side access. The home provides a safe and spacious back yard with simple lawns and is fully fenced. There is a lovely long verandah to spend lazy afternoons relaxing under the shade or entertaining with friends.

Internally, the home presents with neutral décor throughout and the layout comprises of:

- Formal lounge room with light and air flow from the large windows offers a nice retreat for parents or a great area to set up for media viewing in comfort.

- Centrally placed, modern kitchen with large wide benches providing breakfast bar seating, separate pantry and lots of premium cabinetry for storage plus quality appliances. Lovely patio and garden views.

- Massive tiled and dining area has a bright and airy aspect that flows from kitchen to outdoors for easy catering and entertaining.

- Modern open-style living has split system air conditioning and downlights, plus fan. This cool room opens direct to the back patio via sliding doors.

- Four luxury bedrooms, all with carpets, built-in robes and ceiling fans, plus security screens & vertical blinds to windows.

- The second bedroom and generous master have a bay window overlooking the front of the home. With the main bedroom featuring a neatly appointed and good-size ensuite attached for personal use.

- Stylish and simple main bathroom with large bathtub, separate shower and WC.

You'll love the location which has great amenity surrounding it! A short 10-minute drive down to Manly Esplanade, you can tap into the weekend markets, enjoy the beach and café lifestyle here. Locally, there are numerous shopping plazas, commercial outlets in Wakerley and nearby Gumdale and Tingalpa. Access to the motorway is straight-forward and there are city buses close by. Brisbane airport is only 20 minutes' drive away.

Highly recommend an immediate viewing of this top quality home that boasts both position and potential growth for new owners to reap in future!

Listing description written by Johan Halim, Golden Gates Realty — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 1
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.