The Gap at a glance
18,470
People
$1,408,750
Median sale
$741/wk
Median rent
2.74%
Suburb gross yield
Median sale from 62 recorded sales (last 12 months) — a Districts calculation.
$1,600,000
Last sold
17 July 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
554 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
$1,600,000
17 July 2025 · derived via latest_sale
Local land rate: recorded House sales in The Gap (last 5 years) with land size have a median of $1,974/m² of land (n=91). Districts calculation from recorded sales — not a valuation.
The Gap at a glance
18,470
People
$1,408,750
Median sale
$741/wk
Median rent
2.74%
Suburb gross yield
Median sale from 62 recorded sales (last 12 months) — a Districts calculation.
Vs The Gap
+13.6%
Median sale
Suburb $1,408,750
-0.33 pp
Gross yield
Suburb 2.74%
Suburb median $1,408,750 from 62 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 $741/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
The Gap at a glance
18,470
People
$1,408,750
Median sale
$741/wk
Median rent
2.74%
Suburb gross yield
Median sale from 62 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Oikos Real EstateElevated, private, and effortlessly stylish, 31 Teroma Street delivers a standout lifestyle opportunity in the heart of The Gap. Set on a generous 554m² block and designed for functional, split-level living, this versatile home is packed with personality, space, and multiple zones to entertain, unwind, or work from home, all while capturing stunning district views stretching out toward Mt Coot-tha and beyond.
Polished timber floors flow through light-filled living and dining areas, connecting seamlessly to multiple outdoor entertaining zones. Enjoy leafy surrounds, cooling breezes, and year-round relaxation thanks to thoughtfully landscaped and established gardens, including a productive veggie garden all fully irrigated for easy care. A soothing water feature in the private internal courtyard adds a tranquil touch, while remote-controlled electric awnings offer convenience and additional privacy at the push of a button.
The generous kitchen is truly the heart of the home — featuring stone benchtops, sleek European appliances, and a practical servery window that connects effortlessly to the outdoors. Sleek cabinetry and a central layout makes entertaining a breeze. A combination of ducted & split system air-conditioning through the home for year-round comfort. All bedrooms are spacious and well-separated, creating a perfect balance between privacy and family connectivity. The master enjoys its own private level, complete with sitting area, walk-in robe, and a stylish ensuite with double shower. A separate toilet and an oversized laundry add further practicality. Plus, the home offers exceptional storage options across all levels — a rare and valuable feature.
A self-contained utility room adds even more flexibility — ideal for a home office, creative space, gym, or private guest retreat. The double remote garage, generous under-house storage, and reverse cycle air-conditioning further enhance the home’s liveability. Solar power has also been installed, adding to the home’s long-term efficiency and sustainability.
Positioned in a quiet, elevated street just a short stroll from local parks, shops, public transport, and walking tracks, this home blends architectural character with lifestyle convenience. Beautifully maintained and full of thoughtful details, 31 Teroma Street is a one-of-a-kind opportunity in one of The Gap’s most tightly held pockets.
Additional Features:
• Elevated 554m² block with sweeping district views to Mt Coot-tha
• Architect-designed split-level layout with polished timber floors
• Multiple indoor and outdoor living and entertaining zones
• Private internal courtyard with tranquil water feature
• Light-filled open plan living and dining areas with seamless flow to outdoors with electric awnings for added privacy
• Modern and functional kitchen with stone benchtops, European appliances & servery window
• Spacious master retreat on its own level with sitting area, walk-in robe & ensuite with double shower
• Well-separated bedrooms for family-friendly layout
• Separate toilet and oversized laundry with additional storage
• Fully self-contained utility room – ideal as a home office, gym or guest retreat
• Beautifully established tropical gardens, landscape-designed with a fully automated irrigation system for effortless upkeep
• Back to base security system with multiple hard wired cameras and alarm system
• Double remote garage plus extensive under-house storage
• 6.6kw solar power system for energy efficiency
• Quiet, elevated position within walking distance to parks, schools, transport and shops
Listing description written by Harrison Mastrapostolos, Oikos Real Estate — reproduced as published, not verified by Districts.