Norman Park at a glance
7,408
People
$1,825,000
Median sale
$758/wk
Median rent
2.16%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
QLD › Norman Park › Mcilwraith Ave
$2,450,000–$2,650,000
For sale
Asking range
5
Bedrooms
2
Bathrooms
4
Car spaces
810 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
$2,450,000–$2,650,000
Asking range · $3,025/m² of land
No recorded sale for this property.
Norman Park at a glance
7,408
People
$1,825,000
Median sale
$758/wk
Median rent
2.16%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Vs Norman Park
+34.2%
Median sale
Suburb $1,825,000
-0.55 pp
Gross yield
Suburb 2.16%
Suburb median $1,825,000 from 47 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$135,917 on top of the price (5.5% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Norman Park's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $758/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.
Gross yield if leased at the suburb aggregate is 1.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
Norman Park at a glance
7,408
People
$1,825,000
Median sale
$758/wk
Median rent
2.16%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Place BulimbaYOU SHOULD INSPECT IF YOU WANT TO:
OPERATE A HOME BUSINESS
you are looking for a residence to run a Home Business (4 rooms + separate driveway)
INVESTOR and LIVE:
live upstairs. Rent downstairs, rent both, rent as one and hold 810m2 in a prestigious street.
INVEST / AIR BNB:
Completely seperate spaces perfect for a full investor operation
MULIT-GENERATIONAL:
Perfect for the extended family needing to house a family up and a family down
LARGER THAN AVERAGE FAMILY / BLUECHIP LOCATION:
McIlwraith ave is still one of the most recognized streets and with it a completely ready to live in home.
All private inspections welcome.
Occupying an extraordinary 810sqm north-south allotment on one of Norman Park's most iconic and tightly held streets, this beautifully reimagined Queenslander is a home of timeless elegance, remarkable scale and effortless family functionality.
Freshly painted inside and out, the residence celebrates its heritage charm while offering one of the most versatile and liveable floorplans to come to market in recent years. Designed to evolve with every stage of family life, the expansive layout offers genuine flexibility with five to six generous bedrooms, multiple living areas and seamless indoor-outdoor entertaining.
Bathed in natural light, the heart of the home is undoubtedly the stunning kitchen, where soaring raked ceilings and an oversized picture window frame uninterrupted views across the manicured backyard. Rich timber cabinetry, expansive preparation space and a superb entertainer's island make this an inviting place to gather, while the kitchen's connection to the covered entertaining deck allows family life and entertaining to flow effortlessly outdoors.
Equally impressive are the adjoining living and dining spaces, where polished timber floors, classic Queenslander detailing and an abundance of natural light create warm, welcoming interiors. Whether hosting large family celebrations or enjoying quiet evenings at home, these beautifully proportioned spaces offer exceptional comfort while remaining connected to the outdoor entertaining zones.
Privately positioned, the master suite provides a peaceful sanctuary, offering generous proportions and a calming retreat at the end of the day. The additional bedrooms are all exceptionally well-appointed, providing outstanding flexibility for growing families, guests, teenagers or those requiring dedicated home offices, ensuring every member of the household enjoys space and privacy.
Stepping outside, the expansive covered entertaining deck overlooks the beautifully landscaped gardens and level backyard, creating the perfect setting for year-round entertaining. External stairs provide seamless access to the gardens below, where children and pets have endless space to enjoy the perfectly flat lawn.
Practicality has been thoughtfully considered throughout, with a double garage complemented by additional driveway parking, a fourth off-street vehicle space and the rare advantage of dual crossovers, allowing secure drive-through access for a boat, caravan or trailer all the way to the rear of the property.
A home of this calibre—combining timeless Queenslander character, exceptional family accommodation and an irreplaceable position on one of Norman Park's most recognisable blue-chip streets—is an opportunity rarely offered to the market.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, 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 Darcy Lord, Place Bulimba — reproduced as published, not verified by Districts.