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QLD › East Brisbane › Withington St

31 Withington St, East Brisbane QLD 4169

For saleHouse for Sale

$52,026

For sale

Asking

3

Bedrooms

1

Bathrooms

1

Car spaces

397 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $52,026 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $52,026(Listing record · 21 Aug 2026)
  • FactLand 397 m²; no building size recorded.(Property record)
  • CalculationAsk is 97% below the East Brisbane median recorded sale ($1,740,000, n=23, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at East Brisbane's advertised median rent ($703/wk), implied gross yield would be 70.26% — 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

$52,026

Asking · $131/m² of land

No recorded sale for this property.

East Brisbane at a glance

6,977

People

$1,740,000

Median sale

$703/wk

Median rent

2.10%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full East Brisbane report →

Vs East Brisbane

-97.0%

Median sale

Suburb $1,740,000

+68.16 pp

Gross yield

Suburb 2.10%

Suburb median $1,740,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$52,026
Stamp Duty (Queensland)
$705
Transfer/Registration Fee
$248
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
$56,679

$4,653 on top of the price (8.9% 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 East Brisbane's advertised median rent — not a rent for this listing.

Net yield
68.76%
Annual cashflow (pre-tax)
$33,070
Interest cover (DSCR)
13.22
Annual rent
$36,556
Operating expenses
$780
Loan amount
$41,621
Annual interest
$2,705
Gross yield
70.26%

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$52,026available21 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 $703/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 70.3%. 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

East Brisbane in one glance

East Brisbane at a glance

6,977

People

$1,740,000

Median sale

$703/wk

Median rent

2.10%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full East Brisbane report →

Keep researching

  • Why East Brisbane? Read the area thesis →
  • What else is on the market in East Brisbane →
  • Other records on Withington St →

Listing material

Listed by Harcourts Solutions Windsor

Blue-Chip East Brisbane Opportunity - Renovate, Raise or Reimagine

*Information Memorandum available on request*

Positioned in a quiet, tightly held street in the heart of East Brisbane, 31 Withington Street presents an increasingly rare opportunity to secure a character home on a generous 397m² allotment, just minutes from the Brisbane CBD, The Gabba and some of the inner south's best lifestyle amenities.

For buyers who understand the value of location, land and potential, this is an exciting opportunity.

Read the full description

The existing home offers three bedrooms, one bathroom and generous living and dining spaces, with traditional timber floors and character features providing an excellent foundation for renovation. Downstairs is where the possibilities become particularly interesting, with approximately 85m² of garage and storage space underneath the home.

Whether your vision is a smart cosmetic renovation, a substantial transformation, or raising and building underneath to create an impressive family residence, the scope here is enormous.

Renovate Now - Unlock the Potential

East Brisbane continues to see significant investment in the renovation and transformation of its traditional homes, and Withington Street provides the perfect setting to capitalise on this demand.

With fully renovated homes in the surrounding area achieving sales in the low-to-mid $2 millions and even relatively modestly renovated properties selling into the high $1 millions, the opportunity to add value to 31 Withington Street is immediately apparent.

Update the kitchen and bathroom, enhance the existing interiors and outdoor areas, or take advantage of the substantial lower-level footprint and completely reimagine the property.

For the ambitious renovator, the sky really is the limit.

Why 31 Withington Street?

-397m² inner-city allotment

-Quiet, central and highly desirable East Brisbane street

-Three-bedroom character home with excellent renovation potential

-Approximately 90m² internal living area

-Huge 85m² garage/storage area underneath

-Additional separate shed

-Opportunity to renovate and immediately improve the property

-Potential to raise, build underneath and create a substantial family home, subject to approvals

deal opportunity for owner-occupiers, renovators, builders and investors

-Excellent long-term capital growth fundamentals

-Minutes from the Brisbane CBD

-Close to The Gabba and the major Woolloongabba precinct

-Easy access to major transport corridors and public transport

-Convenient to local cafés, restaurants, shops, parks and schools

-Close to the Brisbane River and Kangaroo Point lifestyle precinct

Location, Land & Lifestyle

One of the property's greatest strengths is its position.

East Brisbane offers the convenience of an inner-city address while retaining the atmosphere of an established residential neighbourhood. From Withington Street, the CBD is only minutes away, while The Gabba, Woolloongabba, Kangaroo Point and South Bank are all within easy reach.

The surrounding precinct continues to benefit from substantial investment and infrastructure, further strengthening the long-term appeal of this already tightly held inner-Brisbane location.

For investors, this represents an opportunity to secure a blue-chip property with genuine value-add potential. For renovators and owner-occupiers, it is the chance to take an existing character home and create something exceptional in a location where quality renovated homes are increasingly sought after.

Buy the location. Secure the land. Unlock the potential.

Opportunities with this combination of position, block size, substantial under-house space and renovation upside are becoming increasingly difficult to find this close to Brisbane's CBD.

Disclaimer:

All development, renovation, raising and building potential is subject to relevant council and other statutory approvals. Buyers should undertake their own investigations. References to surrounding sale prices are indicative only and should not be relied upon as a representation of the property's future value.

Listing description written by Domenico Bellino, Harcourts Solutions Windsor — reproduced as published, not verified by Districts.

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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.