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QLD › Raceview › Mahogany St

3 Mahogany St, Raceview QLD 4305

House

$890,000

Last sold

21 Apr 2026

3

Bedrooms

1

Bathrooms

6

Car spaces

607 m²

Land

190 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $890,000 (21 Apr 2026).(Recorded sale)
  • CalculationRecorded House sales in Raceview (last 5 years) with land size: median $1,276/m² of land (n=149). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

$890,000

21 Apr 2026 · derived via latest_sale

Local land rate: recorded House sales in Raceview (last 5 years) with land size have a median of $1,276/m² of land (n=149). Districts calculation from recorded sales — not a valuation.

Raceview at a glance

10,782

People

$860,000

Median sale

$589/wk

Median rent

3.56%

Suburb gross yield

Median sale from 119 recorded sales (last 12 months) — a Districts calculation.

See the full Raceview report →

Vs Raceview

+3.5%

Median sale

Suburb $860,000

-0.12 pp

Gross yield

Suburb 3.56%

Suburb median $860,000 from 119 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$890,00021 Apr 2026
  2. Listedprice unknowncompleted1 Jan 2001

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 $589/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

Raceview in one glance

Raceview at a glance

10,782

People

$860,000

Median sale

$589/wk

Median rent

3.56%

Suburb gross yield

Median sale from 119 recorded sales (last 12 months) — a Districts calculation.

See the full Raceview report →

Keep researching

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

Listing material

Listed by NGU Real Estate Ipswich Central

ANOTHER ONE SOLD OFF MARKET BY THE DANNY P TEAM - RESULTS SPEAK LOUDER THAN WORDS

Property Details at a Glance:

• Built In 1968

• 190² Home on 607m² Block

Read the full description

• Council Rates - $612.70/Quarter

• Water Rates - $281.42/ Plus Consumption

• Rental Appraisal $570-$590/per week

Positioned proudly in one of Raceview's most tightly held and iconic streets, this well maintained highset residence offers space, functionality and incredible versatility for families, tradies or buyers needing additional vehicle accommodation. Set on a flat and fully usable 600m² block, the home combines comfortable living with outstanding practicality, headlined by an impressive oversized carport and excellent side access.

From the moment you arrive, the home presents with a strong street presence, elevated to capture breezes and positioned to maximise both privacy and outlook. The wide driveway leads to a substantial 9m x 6m carport, providing ample covered parking for multiple vehicles, caravans or boats, making it a standout feature rarely found in this price range.

Upstairs, the home offers a warm and inviting feel with polished timber flooring through the hallway, complemented by plush carpets and a light filled interior. The main living area is comfortable and functional, complete with air-conditioning and a cosy atmosphere perfect for everyday living.

The kitchen is well-appointed and practical, featuring stone benchtops, a Bellini freestanding electric stove, ample cabinetry and a layout that overlooks the backyard, allowing for easy supervision of children and seamless day to day living.

Accommodation consists of three generously sized bedrooms, all fitted with ceiling fans and soft carpeting, with air-conditioning servicing the master and an additional bedroom. The master suite is further enhanced with Screenaway blackout blinds, creating a comfortable and private retreat.

The bathroom is well maintained and functional, offering a separate shower and bathtub along with an updated vanity basin, catering perfectly to families.

At the rear, the property continues to impress with a covered alfresco area and a flat, fully usable backyard. With side access already in place, there is excellent potential for additional sheds, further parking or future improvements, making this an ideal home for those wanting space to grow.

Downstairs provides exceptional flexibility, featuring a large multipurpose/rumpus area complete with power, a second toilet, internal laundry and additional storage. Whether utilised as a workshop, gym, home business space or extra living zone, this area significantly enhances the functionality of the home.

Energy efficiency is well catered for with a substantial 36 panel solar system, while additional features such as Crimsafe security screens, a brand new hot water system and multiple air-conditioning units add further value and comfort.

Completing the home is a light-filled sunroom, perfectly positioned to capture afternoon sunsets, offering an ideal space for a home office, study or relaxation zone.

Positioned within a suburb experiencing strong growth and increasing demand, this home presents an outstanding opportunity to secure a practical, well located property with immediate comfort and future potential.

Property Highlights:

- Massive 9m x 6m Covered Carport

- 36 Panel Solar System

- Flat & Usable 600m² Block With Side Access

- Multipurpose Downstairs Area With Power

- Additional Toilet & Laundry Downstairs

- Stone Bench top Kitchen With Bellini Appliances

- Air Conditioning To Living & Bedrooms

- Sunroom / Study With Sunset Views

- Crimsafe Security Screens

- Brand New Hot Water System

- Located In One Of Raceview's Most Iconic Streets

Location Highlights:

- 2 Minute Drive to Raceview State School

- 3 Minute Drive to Raceview Shopping Centre

- 5 Minute Drive to Riverlink Shopping Centre

- 6 Minute Drive to Ipswich CBD

- 8 Minute Drive to Ipswich Train Station

- 10 Minute Drive to Cunningham Highway Access

Offering space, flexibility and standout features rarely found at this level, this home is perfectly suited to buyers needing additional parking, growing families or those seeking a property with future potential. With its prime position, functional layout and strong value-add features, this is an opportunity not to be missed.

Listing Agents:

Daniel Parsons & Braydan Fender

The Danny P Team – NGU Real Estate Ipswich Central

Don't be disappointed - Call Daniel now: 0466 461 772

Results Speak Louder Than Words.

Listing description written by Daniel Parsons, NGU Real Estate Ipswich Central — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Secure Parking
  • Solar Panels
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.