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QLD › Brassall › Waterworks Rd

32 Waterworks Rd, Brassall QLD 4305

House

$855,000

Last sold

28 Oct 2025

4

Bedrooms

1

Bathrooms

6

Car spaces

1,017 m²

Land

357 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 $855,000 (28 Oct 2025).(Recorded sale)
  • CalculationRecorded House sales in Brassall (last 5 years) with land size: median $1,161/m² of land (n=158). 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

$855,000

28 Oct 2025 · derived via latest_sale

Local land rate: recorded House sales in Brassall (last 5 years) with land size have a median of $1,161/m² of land (n=158). Districts calculation from recorded sales — not a valuation.

Brassall at a glance

13,268

People

$845,000

Median sale

$539/wk

Median rent

3.32%

Suburb gross yield

Median sale from 128 recorded sales (last 12 months) — a Districts calculation.

See the full Brassall report →

Vs Brassall

+1.2%

Median sale

Suburb $845,000

-0.04 pp

Gross yield

Suburb 3.32%

Suburb median $845,000 from 128 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$855,00028 Oct 2025
  2. Listedprice unknowncompleted1 Sept 2025

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 $539/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

Brassall in one glance

Brassall at a glance

13,268

People

$845,000

Median sale

$539/wk

Median rent

3.32%

Suburb gross yield

Median sale from 128 recorded sales (last 12 months) — a Districts calculation.

See the full Brassall report →

Keep researching

  • Why Brassall? Read the area thesis →
  • What else is on the market in Brassall →
  • Other records on Waterworks Rd →

Listing material

Listed by NGU Real Estate Brassall

ANOTHER ONE SOLD BY STEVE ATHANATES & COREY ATHANATES - RESULTS SPEAK LOUDER THAN WORDS

This is your chance to secure a truly remarkable home that blends timeless elegance with modern convenience. Perfectly positioned on a generous 1,017m2 fully fenced block, this residence captures the character of a bygone era while offering all the space and practicality a modern family desires.

From the moment you arrive, the home's unique character makes an impression. The stunning leadlight and coloured glass front door along with the homes name plaque NARARA sets the scene, opening to reveal soaring 14-foot ceilings, polished timber floors, intricate fretwork, breezeways, VJ walls, Edwardian skirting boards, glass casement windows and pressed metal ceilings—features that speak to the craftsmanship of the 1930s. These traditional details are perfectly balanced with tasteful modern renovations that enhance the home's functionality without compromising its charm.

The expansive floorplan provides four generous bedrooms, cavernous living areas, and an abundance of space for the entire family. The formal lounge is a private retreat, complete with split-system air-conditioning and direct access to the enclosed verandah, an ideal space for a home office, toy room, or peaceful reading nook. The country-style kitchen combines warmth and practicality, featuring ample storage, a 900mm freestanding cooker, dishwasher, and generous bench space, while the adjoining dining area is bathed in natural light and easily accommodates large family gatherings or dinner parties.

Read the full description

All bedrooms are spacious, with the master and second enjoying split-system air-conditioning, and the fourth offering a large built-in robe. Ceiling fans throughout ensure year-round comfort. The family bathroom, conveniently located at the rear of the home, includes a shower-over-bath and a separate toilet with powder room for everyday practicality.

Downstairs, functionality continues with a double lock-up garage with space to park 4 cars, laundry facilities, and excellent storage. A standout feature is the impressive 6m x 6m powered shed—perfect for tradespeople, hobbyists, or anyone seeking additional workspace or storage. There is also a large decked entertainment area, perfect for family gatherings or BBQ's with friends.

Adding further appeal, the property offers future potential. Whilst subdivision would not be supported by Ipswich City Council, the site is considered suitable for a dual occupancy or secondary dwelling (subject to a Code Assessable Development Application). Situated within a Character Residential Zone and subject to a Local Character Overlay, any additions would require formal approval, but provide exciting opportunities for buyers looking to maximise the property's value and versatility.

For the savvy investor looking to further increase their rental portfolio or looking for their first. The home is currently tenanted with fantastic tenants paying $600 per week with an end date of 14/01/2026.

Positioned within minutes of Riverlink Shopping Centre, a selection of quality private and public schools, and offering easy access to the Warrego Highway for a quick commute to Brisbane or Toowoomba, this property delivers the perfect balance of lifestyle and convenience.

Homes of this calibre, offering such character, size, and location, are exceptionally rare. With demand at record highs, this is an opportunity you will not want to miss. Act now to secure your place in one of Ipswich's most sought-after pockets.

Finally, this stunning period home that is full of character, charm and offers future potential has been priced to sell quickly with a Price Guide of $825,000 to $875,000!

Call Steve Athanates or Corey Athanates to book your inspection today!

Disclaimer:

NGU Real Estate has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.

Listing description written by Steve Athanates, NGU Real Estate Brassall — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Floorboards
  • Fully Fenced
  • Living Areas: 2
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Shed
  • Toilets: 1
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.