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QLD › Ascot › Towers St

29 Towers St, Ascot QLD 4007

House

5

Bedrooms

5

Bathrooms

6

Car spaces

694 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.

Why this property?

Nothing about this record stands out yet — coverage may still be filling in.

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

No recorded sale price for this property yet.

Ascot at a glance

7,399

People

$2,750,000

Median sale

$726/wk

Median rent

1.37%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Ascot report →

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. Soldprice unknown16 Oct 2025
  2. Listedprice unknowncompleted10 June 2025

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 $726/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

Ascot in one glance

Ascot at a glance

7,399

People

$2,750,000

Median sale

$726/wk

Median rent

1.37%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Ascot report →

Keep researching

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

Listing material

Listed by Place New Farm

PALMA by GRAYA // Elevated northern living

Commanding a wide, elevated frontage of 20m in the leafy heights of Ascot, PALMA is an extraordinary architectural residence designed by Graya that seamlessly blends sculptural modernism with warm, coastal-inspired detailing. Designed to evoke the relaxed sophistication of a Mediterranean villa, this three-level home is a masterpiece of proportion, flow and light – balanced by a layout that is as thoughtful and functional as it is striking. From multi-zoned living areas and separated bedroom wings to generous storage and full lift access, every space has been carefully considered to support the rhythm of modern family life.

Spread across 694m² of total living, the residence comprises five bedrooms plus a separate study, five bathrooms plus powder, and an expansive six-car basement garage of two rows of 3 in an exceptional offering in this coveted postcode. The heart of the home lies in the open-plan living, dining and kitchen zone, framed by a monumental 6.6-metre void that draws the eye upward and allows northern light to permeate throughout. Every element has been curated with intention, from the soft travertine tones and curved bespoke joinery to the textural timber cabinetry and sculpted stone surfaces.

The entertainer's kitchen is both beautiful and functional, appointed with premium integrated appliances, a travertine island bench, extensive storage, a concealed bar and a full butler's pantry. Floor-to-ceiling glazing retracts to reveal a grand 11.8-metre-wide alfresco terrace, a flat grassed lawn and a private, palm-fringed magnesium swimming pool. Views stretch out to the district beyond, giving the home a sense of serene retreat, despite its proximity to the inner city.

Read the full description

Each of the five-bedroom suites is generously scaled, including a private guest suite on the main level and three upstairs suites with walk-in robes and private ensuites. The master suite enjoys an exclusive northeast aspect, large walk-in-wardrobe and a stunning ensuite complete with freestanding bath, bespoke lighting and full-height glazing screened by architectural fins. Upstairs also offers a second living zone and built-in study desk, perfect for quiet reflection or family flexibility.

Below, a dedicated wine lounge with curved velvet banquette and natural stone flooring sits adjacent to the three-wide six-car garage, accompanied by a mudroom, full lift access, and generous concealed storage. From the soft interplay of light and texture to the tactile warmth of the materials palette, PALMA is a home that reveals itself slowly offering both grandeur and liveability in equal measure.

Located on a quiet, tree-lined street just moments from Racecourse Road and Oriel Park, PALMA enjoys a tightly held position in the heart of Ascot. This blue-chip address falls within the highly regarded Ascot State School catchment and is close to Brisbane's most prestigious private colleges, including St Margaret's Anglican Girls School, St Rita's College and Clayfield College. The CBD and airport are both within a short drive, making this one of Brisbane's most enviable lifestyle locations.

Listing description written by Heath Williams, Place New Farm — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Fully Fenced
  • Intercom
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Study
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.