West End at a glance
4,025
People
$800,000
Median sale
$417/wk
Median rent
2.71%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
For sale
For sale
16
Bedrooms
16
Bathrooms
5
Car spaces
817 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
Asking
No recorded sale price for this property yet.
Local land rate: recorded Block of Units sales in West End (last 5 years) with land size have a median of $1,267/m² of land (n=3). Districts calculation from recorded sales — not a valuation.
West End at a glance
4,025
People
$800,000
Median sale
$417/wk
Median rent
2.71%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
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 $417/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
UnknownArea
West End at a glance
4,025
People
$800,000
Median sale
$417/wk
Median rent
2.71%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by SPACE Property South Brisbane16 Apartments | Circa $ 331,240 PA Income | Prime Inner-City Location
Offered for sale , 29 Gray Road, West End presents a rare opportunity to secure a substantial freehold residential investment in one of Brisbane's most tightly held inner-city suburbs - West End
Positioned in the sought-after Hill End precinct, the property comprises 16 self-contained apartments and benefits from consistently strong tenant demand, stable occupancy history and immediate access to key lifestyle and employment hubs.
________________________________________
Key Highlights
• Big Block Freehold residential apartment building
• 16 apartments (14 studios, 2 one-bedroom)
• Current gross income: circa $326,650 per annum
• Consistently high occupancy with negligible vacancies
• Double Brick construction
• Brand new roof
• Flood-free landholding
• Held by current owner since 2015
• Within Brisbane State High School & West End State School catchments
________________________________________
Location
One of Brisbane's most desirable inner-city residential precincts, offering immediate access to:
• Brisbane CBD (3km approx.)
• Brisbane River & Orleigh Park
• City Cat ferry & City Glider transport
• South Bank Parklands
• West End café, dining & retail precinct
• Major hospitals & universities
• Kurilpa precinct urban renewal area
________________________________________
Opportunity
A rare chance to acquire a scale freehold residential asset in a high-demand inner-city location with strong rental fundamentals and long-term capital growth potential.
Freehold residential assets of this scale and inner-city position are tightly held in West End, with limited comparable opportunities available to the market.
________________________________________
For Sale
For further information or to arrange a private inspection, please contact:
Angus Commins
0418 715 454
Listing description written by Angus Commins, SPACE Property South Brisbane — reproduced as published, not verified by Districts.
Nearby 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.