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QLD › Wynnum West › Malabar St

34 Malabar St, Wynnum West QLD 4178

For saleHouse for Sale

$1,000,000

For sale

Asking

3

Bedrooms

2

Bathrooms

1

Car spaces

610 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,000,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,000,000(Listing record · 15 June 2026)
  • FactLand 610 m²; no building size recorded.(Property record)
  • CalculationAsk is 18% below the Wynnum West median recorded sale ($1,221,500, n=86, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Wynnum West's advertised median rent ($673/wk), implied gross yield would be 3.50% — 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

$1,000,000

Asking · $1,639/m² of land

No recorded sale for this property.

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.

See the full Wynnum West report →

Vs Wynnum West

-18.1%

Median sale

Suburb $1,221,500

+0.63 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.

Total cost to purchase

Purchase Price
$1,000,000
Stamp Duty (Queensland)
$38,025
Transfer/Registration Fee
$4,066
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
$1,045,791

$45,791 on top of the price (4.6% 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 Wynnum West's advertised median rent — not a rent for this listing.

Net yield
2.00%
Annual cashflow (pre-tax)
$-32,004
Interest cover (DSCR)
0.38
Annual rent
$34,996
Operating expenses
$15,000
Loan amount
$800,000
Annual interest
$52,000
Gross yield
3.50%

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$1,000,000available15 June 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 $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.

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 3.5%. 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

Wynnum West in one glance

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.

See the full Wynnum West report →

Keep researching

  • Why Wynnum West? Read the area thesis →
  • What else is on the market in Wynnum West →
  • Other records on Malabar St →

Listing material

Listed by Raine & Horne Wynnum | Manly

Bayside Opportunity with Endless Potential in Thriving Wynnum West

Don't Miss this Opportunity - Wynnum West is one of Bayside's emerging suburbs, with its generous block sizes, family-friendly atmosphere and proximity to everything that makes Bayside living so desirable.

Call Margaret or Chris for more information and we look forward to meeting you. Inspections By Appointment with 24 hour notice during week.

Characterised by traditional post-war homes, many now beautifully renovated, this is an ideal place to begin your property journey or invest in the future.

Read the full description

Currently tenanted with lease ending 1st September 2026. This property has a strong rental history and has always leased quickly when offered to market.

Positioned on a generous 610m² allotment, this high-set home absolutely shouts POTENTIAL. With its enduring hardwood frame, timber floors and spacious layout, it offers the perfect canvas for buyers looking to renovate, refresh and create something truly special.

Designed for family living, the home features front and rear sunrooms, spacious living areas and extensive utility space underneath - ideal for teenagers, hobbies, music rooms, games areas or simply extra storage.

Located just minutes from the waterfront, this is your opportunity to enjoy the relaxed Bayside lifestyle while still having excellent access to Brisbane CBD and major transport links.

Features Include:

• 3 generous bedrooms

• Family bathroom with bath and shower

• Separate toilet

• Front sunroom with leafy outlook

• Rear sunroom overlooking the backyard

• Modern kitchen with adjoining dining area

• Spacious covered entertaining patio opening to the garden

• Ideal north-east aspect capturing cooling bay breezes

• Single carport plus room for a boat, caravan or additional vehicles

• Several utility rooms downstairs

• Second bathroom and laundry downstairs

• Three good-sized sheds

• Approx. 610m² block with 15m frontage x 40m depth

Perfectly positioned close to everyday conveniences, you'll enjoy easy access to:

• Wynnum Plaza - Wynnum West State Primary School just minutes away

• Iona College and Moreton Bay Boys & Girls Colleges

• Lindum railway station for train to Brisbane CBD

• Local bus services virtually at your doorstep

• Sporting fields and Wynnum Golf Club

• The beautiful Wynnum Manly Foreshore with marinas, parklands, cafés and restaurants

• Wynnum CBD with library, specialist medical services, gyms and boutique shopping

• Easy access to the Gateway Motorway for travel to Brisbane CBD, the airports and the Port of Brisbane and Gold & Sunshine Coasts.

Whether you're searching for your first home, a renovation project or a long-term investment, this property represents a wonderful opportunity to secure a foothold in one of Brisbane's most sought-after Bayside communities.

Good bones, generous land and an unbeatable location - the possibilities here are endless.

Listing description written by Chris Vote, Raine & Horne Wynnum | Manly — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Toilets: 2
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.