Wynnum West at a glance
13,533
People
$1,221,500
Median sale
$673/wk
Median rent
2.87%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
QLD › Wynnum West › Preston Rd
$1,600,000
Last sold
26 Mar 2026
5
Bedrooms
5
Bathrooms
2
Car spaces
374 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
26 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Wynnum West (last 5 years) with land size have a median of $2,015/m² of land (n=129). Districts calculation from recorded sales — not a valuation.
Wynnum West at a glance
13,533
People
$1,221,500
Median sale
$673/wk
Median rent
2.87%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
Vs Wynnum West
+31.0%
Median sale
Suburb $1,221,500
-0.68 pp
Gross yield
Suburb 2.87%
Suburb median $1,221,500 from 86 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 $673/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
Wynnum West at a glance
13,533
People
$1,221,500
Median sale
$673/wk
Median rent
2.87%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX AdvantagePositioned in the heart of the rapidly evolving Wynnum West precinct, 320 Preston Road presents an exceptional opportunity to secure a near-new, purpose-built rooming accommodation asset in one of Brisbane's high-demand rental corridors.
Constructed in 2021, this modern complex comprises five semi self-contained apartments, each thoughtfully designed for low-maintenance living and strong tenant appeal. All five apartments are currently leased, delivering a solid gross annual return of approximately $110,000, providing investors with immediate income from day one.
Built to contemporary standards, the property offers the advantages of near-new construction - minimal maintenance, modern fixtures and fittings, and strong depreciation benefits - making it an attractive addition to any portfolio. With leases in place and consistent rental demand in the area, this is a turnkey investment designed for steady performance.
Wynnum West continues to experience strong growth driven by infrastructure, lifestyle and connectivity. Ideally positioned just minutes from the Gateway Motorway, the property offers seamless access to the Port of Brisbane, Brisbane Airport and the Brisbane CBD. The location is particularly appealing to workers in logistics, aviation, trade and health sectors, underpinning ongoing tenant demand. Residents also enjoy proximity to local shopping centres, public transport, schools and the lifestyle amenities of the Wynnum/Manly waterfront precinct.
For investors seeking a modern, income-producing asset in a high-growth bayside corridor, 320 Preston Road represents a compelling opportunity to secure strong returns in a tightly held market.
Contact The Gill Team today to arrange your inspection or to obtain a information pack outlining all associated expenses.
**PLEASE NOTE, THIS PROPERTY HAS BEEN VIRTUALLY STAGED FOR MARKETING PURPOSES AND DOES NOT INCLUDE IMAGES OF ALL UNITS**
Disclaimer: All information provided has been sourced from what we believe to be reliable providers. However, we cannot guarantee its accuracy. Buyers are encouraged to make their own enquiries
Listing description written by Travis Gill, RE/MAX Advantage — reproduced as published, not verified by Districts.