Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

QLD › Carina Heights › Cambridge St

3/8 Cambridge St, Carina Heights QLD 4152

For saleUnit

$699,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

71 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $699,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $699,000(Listing record · 19 Aug 2026)
  • CalculationAsk is 57% below the Carina Heights median recorded sale ($1,637,500, n=24, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Carina Heights's advertised median rent ($718/wk), implied gross yield would be 5.34% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$699,000

Asking · $9,845/m² of land

No recorded sale for this property.

Carina Heights at a glance

7,832

People

$1,637,500

Median sale

$718/wk

Median rent

2.28%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Carina Heights report →

Vs Carina Heights

-57.3%

Median sale

Suburb $1,637,500

+3.06 pp

Gross yield

Suburb 2.28%

Suburb median $1,637,500 from 24 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$699,000
Stamp Duty (Queensland)
$24,480
Transfer/Registration Fee
$2,669
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$729,849

$30,849 on top of the price (4.4% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Carina Heights's advertised median rent — not a rent for this listing.

Net yield
3.84%
Annual cashflow (pre-tax)
$-9,497
Interest cover (DSCR)
0.74
Annual rent
$37,336
Operating expenses
$10,485
Loan amount
$559,200
Annual interest
$36,348
Gross yield
5.34%

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.

Open the full yield calculator →

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. Listed$699,000available19 Aug 2026

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 $718/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

Gross yield if leased at the suburb aggregate is 5.3%. 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

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

Carina Heights in one glance

Carina Heights at a glance

7,832

People

$1,637,500

Median sale

$718/wk

Median rent

2.28%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Carina Heights report →

Keep researching

  • Why Carina Heights? Read the area thesis →
  • What else is on the market in Carina Heights →
  • Other records on Cambridge St →

Listing material

Listed by Coronis Inner South

FRESHLY UPDATED & MOVE IN READY

Freshly updated, stylishly presented and ready to enjoy from day one, this impressive upper level unit delivers an easy care lifestyle within a complex of just seven residences. With fresh paint and polished timber floorboards throughout, the home has a warm, contemporary feel and presents an excellent opportunity for buyers searching for something they can simply move into without the need for further work.

The location adds enormously to the appeal, with public transport, cafes, restaurants, gyms, sporting facilities, schools and everyday conveniences all within easy reach. Nearby bus services provide convenient connections to the city and surrounding suburbs, while Westfield Carindale is only a few minutes' drive away. Easy access to both the Gateway and Pacific Motorways also makes travelling across Brisbane or heading north and south exceptionally convenient.

Upstairs, the home opens into a light filled living and dining area where polished timber floorboards immediately create a sense of character and warmth. The open plan design provides plenty of flexibility for everyday living, while air conditioning ensures year round comfort. Security screens allow fresh breezes to circulate through the home and add another practical feature to this low maintenance residence.

Read the full description

Connecting seamlessly with the living area, the kitchen offers a functional and well considered workspace, complete with generous bench space, ample cabinetry and practical storage. Well equipped for everyday living, it features a dishwasher, electric cooktop, oven, and rangehood, while its open connection to the main living zone keeps the space social and inviting, whether preparing everyday meals or entertaining friends and family.

Both bedrooms continue the polished timber flooring, creating a consistent finish throughout the property with no carpet to maintain. The spacious master bedroom includes sliding mirrored built in wardrobes and direct access to the tiled balcony, providing a peaceful outdoor space to enjoy a morning coffee or relax at the end of the day. The second bedroom also features sliding mirrored built in wardrobes and offers excellent flexibility for guests, children or those needing a dedicated home office.

The fully tiled bathroom is practical and well presented, featuring a large shower, toilet and vanity with storage. A cleverly incorporated laundry area adds further convenience without compromising valuable living space, while an exclusive use undercover open car space provides easy off street parking.

With fresh paint throughout, polished timber floorboards, a comfortable and functional layout and nothing further required before moving in, this is an appealing opportunity to secure a stylish home in a highly convenient location. Perfectly suited to first home buyers, downsizers, owner occupiers or investors, the property combines low maintenance living with the convenience of having everything you need close at hand.

NOTABLE FEATURES:

-Fresh paint throughout

-Open plan living & dining

-Brand new lighting

-Air conditioning

-NBN connectivity

-Exclusive use balcony

-Exclusive undercover open car space

LOCATION:

-Approx. 6km to CBD

-Approx. 10km to Brisbane Airport

-Approx. 2km to Westfield Carindale

-Approx. 1km to Clem Jones Sports Centre

-Approx.1km to Whites Hill Reserve

-Approx. 400m to Whites Hill State College

-Approx. 800m to Camp Hill State School

-Approx. 1.5km to Carina Primary School

-Approx. 600m to St Martins Catholic Primary School

-Approx. 600m to San Sisto College

-Approx. 1.2km to Mayfield Primary School

-Approx. 3.7km to Gateway Motorway

-Approx. 4.3km to Pacific Motorway

RENTAL APPRAISAL $525-$625 PER WEEK

BRISBANE CITY COUNCIL RATES APPROXIMATE $551.15 PER QUARTER

Properties within this price range are becoming increasingly rare to find, particularly when they offer this level of style, presentation and move in ready appeal. Don't miss your opportunity - call Tony King today on 0416 847 686 to find out more.

Disclaimer: The agent has taken reasonable steps to verify the accuracy of the information contained in this marketing and advertising material. However, all information is provided as a guide only and should not be relied upon as a representation of fact.

Prospective buyers should make their own enquiries, conduct their own due diligence and seek independent advice to satisfy themselves as to the accuracy, condition, suitability and completeness of the information provided in relation to the property. To the extent there is any inconsistency between this marketing or advertising material and the Form 2 Seller Disclosure Statement for the property, the Form 2 Seller Disclosure Statement will prevail.

If this property is being sold by auction or without a price, a price guide cannot be provided. Any website or portal may have filtered the property into a price bracket for website functionality purposes only.

Some marketing images may contain virtual furniture, furniture staging, digital enhancements or AI-generated enhancements for illustrative purposes. Any such images are intended to assist with visual presentation only and may not reflect the actual property features, furnishings, condition, layout, size, views or presentation. Buyers should rely on their own inspections, enquiries and independent advice.

Listing description written by Tony King, Coronis Inner South — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Dishwasher

Also look at

Also for sale in Carina Heights

  • U4, 109 Cambridge St, Carina Heights QLD 4152

    3-bed townhouse. Currently listed.

    For sale
  • 7/57 Cambridge St, Carina Heights QLD 4152

    3-bed unit. Asking $1.15M.

    For sale
  • 17/1160 Creek Rd, Carina Heights QLD 4152

    2-bed townhouse. Currently listed.

    For sale
  • 65 Mons Rd, Carina Heights QLD 4152

    5-bed house. Currently listed.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.