Raceview at a glance
10,782
People
$862,500
Median sale
$589/wk
Median rent
3.55%
Suburb gross yield
Median sale from 116 recorded sales (last 12 months) — a Districts calculation.
QLD › Raceview › Bangalow Cres
$905,000
Last sold
6 Oct 2025
6
Bedrooms
2
Bathrooms
2
Car spaces
800 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
$905,000
6 Oct 2025 · derived via latest_sale
Local land rate: recorded Semi-detached sales in Raceview (last 5 years) with land size have a median of $1,350/m² of land (n=4). Districts calculation from recorded sales — not a valuation.
Raceview at a glance
10,782
People
$862,500
Median sale
$589/wk
Median rent
3.55%
Suburb gross yield
Median sale from 116 recorded sales (last 12 months) — a Districts calculation.
Vs Raceview
+4.9%
Median sale
Suburb $862,500
-0.17 pp
Gross yield
Suburb 3.55%
Suburb median $862,500 from 116 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 $589/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
Raceview at a glance
10,782
People
$862,500
Median sale
$589/wk
Median rent
3.55%
Suburb gross yield
Median sale from 116 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by MOD REALTYNestled in a quiet, sought-after street just moments from local shops, schools, and transport, this well-maintained brick and tile duplex presents the perfect opportunity for savvy investors or owner-occupiers looking to maximise their return.
Comprising two spacious lowset 3-bedroom units measuring approx. 96m2 each with a lock-up garage, generous private courtyards, and neat, tidy interiors, this property is ready to deliver strong rental returns or a comfortable dual-living arrangement.
A real bonus with the purchase of these 2 terrific units is there is no Body Corp Fees to pay so you keep more in your pocket.
Unit 1 Features:
- 3 Good sized bedrooms
- Light-filled open plan living with split system air-conditioning
- Functional kitchen with a gas stove and large pantry
- Gas hot water system
- Modern bathroom with quality finishes
- Built-in robe to the master bedroom
- Ceiling fans throughout
- Internal access to the lock-up garage
- Security screens
- Private, fully fenced courtyard – perfect for outdoor relaxation or entertaining
Unit 2 Features:
- Identical spacious layout and features to Unit 1
- 3 Good sized bedrooms
- Freshly updated décor including striking new vinyl flooring in the living area
- Plush new carpet in all bedrooms
- Split system air conditioning and Built in robes to the master bedroom
- Internal access to the lockup garage
- Security screens
- Private courtyard
Location:
This property has one of the best locations being in a quiet no through area, situated beside a park for the benefit of any family living here to enjoy lots of extra outdoor space, and is so close to all amenities.
- Raceview State School only 2.1km
- Bethany Lutheran Primary School 2.7km
- Bremer State High School 3.9km
- Raceview Shopping Centre 1.8km
- University Of Southern Queensland 3.6km
- Ipswich Hospital 3.8km
- Ipswich CBD 4.7km
- Silkstone Village Shopping Centre 1.7km
- Brothers Leagues Club only 350m just a short walk
- Local Gym only 200m just a short walk
Unit 1 is currently vacant and Unit 2 is leased. Future Rental appraisal for each unit in 2026 is approx. $450-$460 per week.
Whether you're looking to rent out both units or live in one and lease the other to help cover the mortgage, this is a rock-solid investment in a high-demand location.
Don't miss out on this rare chance to secure a dual income property with all the hard work done – just move in or start earning straight away!
📞 Enquire today to arrange your private inspection.
Listing description written by Roger Muller, MOD REALTY — reproduced as published, not verified by Districts.