Rocklea at a glance
1,715
People
$828,500
Median sale
$609/wk
Median rent
3.82%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
$629,000
Last sold
31 May 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
718 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
$629,000
31 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Rocklea (last 5 years) with land size have a median of $1,125/m² of land (n=36). Districts calculation from recorded sales — not a valuation.
Rocklea at a glance
1,715
People
$828,500
Median sale
$609/wk
Median rent
3.82%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Rocklea
-24.1%
Median sale
Suburb $828,500
+1.21 pp
Gross yield
Suburb 3.82%
Suburb median $828,500 from 14 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 $609/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
Rocklea at a glance
1,715
People
$828,500
Median sale
$609/wk
Median rent
3.82%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Property BoutiqueWelcome to 29 Pegg Rd, Rocklea – a golden opportunity awaiting your vision! This expansive 718 m² site is perfectly positioned, just 9 km from the city and within convenient 180 m walking distance to the train station.
Beautiful open plan home with spacious living spaces that adjoin the kitchen and flow out to large entertainers deck that overlooks the great sized flat backyard.
The home offers 3 great sized bedrooms and a great sized bathroom. The property does require some TLC and there's great opportunity to renovate and cash in on the potential upside. There's plenty of car space underneath and or for storage etc along with the laundry area.
This all sits upon the large 718m2 block, which is perfect for future development. LMR2 Zoning 2-3 Stories. Potential to also add a granny flat or similar at the rear of the property to generate extra income and or increase capital growth. All Subject to council approval.
Key Features:
Strategic Accessibility: Enjoy the convenience of strategic accessibility with retail and commercial precincts nearby. Rocklea markets and Rocklea State School are also just around the corner.
Versatile Investment Options: The property offers versatility – whether you choose to land bank and hold with a solid income-producing home or proceed with a development immediately.
High Growth Corridor: Positioned in a high-growth corridor, this property is in high demand for rentals, owing to its proximity to essential services and infrastructure.
Rare Opportunity: Opportunities like this are rare, and this property stands out as a winner, no matter which path you decide to take.
Surrounded by Established Residential Areas: Nestled amidst well-established residential areas, this site presents a rare opportunity to craft a new and exciting development that is destined to be in high demand.
The location:
Rocklea is located 9 kilometres south of the Brisbane city. The west of the suburb is bordered by the Oxley Creek.
The suburb's name is derived from the Rocky Waterholes in the area. It is also at one end of the Ipswich Motorway; Ipswich Road continues north from the Ipswich Motorway, through Moorooka and into the Brisbane central business district. The Beenleigh railway line passes through the suburb which is serviced by Rocklea railway station.
Want to know more about this opportunity? Call Shane on 0438 723 801
Disclaimer:
All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you and have been provided to Property Boutique by third parties. Property Boutique is unable to definitively confirm whether the information listed is correct or 100% accurate. Property Boutique does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained on the Website. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website. Prices displayed on the Website are current at the time of issue but may change.
Listing description written by Shane Martin, Property Boutique — reproduced as published, not verified by Districts.