Wavell Heights at a glance
11,245
People
$1,570,000
Median sale
$656/wk
Median rent
2.17%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
QLD › Wavell Heights › Frankit St
$1,715,000
Last sold
30 May 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
607 m²
Land
220 m²
Building
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
$1,715,000
30 May 2025 · derived via latest_sale
Local land rate: recorded House sales in Wavell Heights (last 5 years) with land size have a median of $2,481/m² of land (n=141). Districts calculation from recorded sales — not a valuation.
Wavell Heights at a glance
11,245
People
$1,570,000
Median sale
$656/wk
Median rent
2.17%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Vs Wavell Heights
+9.2%
Median sale
Suburb $1,570,000
-0.18 pp
Gross yield
Suburb 2.17%
Suburb median $1,570,000 from 75 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 $656/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
UnknownArea
Wavell Heights at a glance
11,245
People
$1,570,000
Median sale
$656/wk
Median rent
2.17%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by SB PropertyWelcome to 31 Frankit Street — An immaculate and thoughtfully renovated post-war home that exudes charm and warmth with nothing further to do but move in and enjoy
Set on a fully fenced and level 607m² block in a quiet and desirable location, this meticulously presented property will appease the most fastidious buyers that are looking for more than just somewhere to call home.
Step inside to discover a bright, open-plan layout that effortlessly connects the kitchen, dining, and living areas.
The heart of the home is the contemporary kitchen, equipped with a DeLonghi integrated oven, gas cooktop, dishwasher, new stone benchtops, soft-close drawers, and generous storage — ideal for everyday cooking or entertaining.
Polished hardwood floors lead you to a sleek, renovated main bathroom featuring a separate rain shower, bathtub, and modern vanity.
All three bedrooms are generously sized, offering built-in robes, ceiling fans, and air-conditioning.
The master suite adds a touch of luxury with its walk-in robe and private ensuite.
The separate office/study could also be a smaller 4th bedroom or nursery if required.
Flowing out to the expansive covered rear deck – this is perfect space for entertaining year-round, featuring ceiling fans, built-in bench seating, and garden views.
The beautifully landscaped front and rear gardens offer a private and tranquil retreat, while the thoughtfully converted 'Garden Studio' presents a versatile space—ideal as an art or yoga studio, children's play shed, or your very own potting palace, tailored to suit your lifestyle needs.
Additional property features:
• New plush carpet & Plantation shutters throughout
• Double lock up garage with space for a workbench and storage
• Reverse Cycle A/C & Ceiling fans throughout, including new fans in the living area and deck
• Feature chandelier in dining room
• Large laundry with ample storage
• LED lighting and ample power points
• Window tinting
• Updated hardware throughout including flexi hoses & shut offs (Dorf and Bassoni)
• Gas hot water system and external gas point
• Fully fenced 607m² block
• Privacy screening
• Multiple garden hose reels positioned around the property
• Quality finishes throughout including Spotted Gum and Merbau decking
Convenient proximity to local amenities:
• 500m to Hamilton Rd Shops (24h gym, bakery, chemist, shops)
• 400m Goodstart Early Learning Wavell Heights
• 700m to 7th Brigade Park – bikeway, scooter track, kids playground, creek
• 1.5km to Westfield Chermside
• 1.5km to Wavell Heights State School
• 1.5km to OLA Primary School
• 2.1km to Wavell State High School
• 3.6km to Prince Charles Hospital
Situated in a peaceful, family-friendly pocket of Wavell Heights, 31 Frankit Street offers a superb lifestyle and is expected to be very popular.
Don’t miss this opportunity to secure your dream home!
For more information or to arrange an inspection contact Stefan
Listing description written by Stefan Blee, SB Property — reproduced as published, not verified by Districts.
Nearby 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.