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QLD › Eatons Hill › Drapers Rd

35 Drapers Rd, Eatons Hill QLD 4037

For saleRural Property for Sale

$1,895,000

For sale

Asking

5

Bedrooms

2

Bathrooms

4

Car spaces

6,006 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,895,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,895,000(Listing record · 24 Aug 2026)
  • FactLand 6,006 m²; no building size recorded.(Property record)
  • CalculationAsk is 38% above the Eatons Hill median recorded sale ($1,377,500, n=64, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Eatons Hill's advertised median rent ($727/wk), implied gross yield would be 1.99% — 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

$1,895,000

Asking · $316/m² of land

No recorded sale for this property.

Eatons Hill at a glance

7,984

People

$1,377,500

Median sale

$727/wk

Median rent

2.74%

Suburb gross yield

Median sale from 64 recorded sales (last 12 months) — a Districts calculation.

See the full Eatons Hill report →

Vs Eatons Hill

+37.6%

Median sale

Suburb $1,377,500

-0.75 pp

Gross yield

Suburb 2.74%

Suburb median $1,377,500 from 64 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,895,000
Stamp Duty (Queensland)
$89,488
Transfer/Registration Fee
$8,256
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
$1,996,444

$101,444 on top of the price (5.4% 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 Eatons Hill's advertised median rent — not a rent for this listing.

Net yield
0.49%
Annual cashflow (pre-tax)
$-89,161
Interest cover (DSCR)
0.10
Annual rent
$37,804
Operating expenses
$28,425
Loan amount
$1,516,000
Annual interest
$98,540
Gross yield
1.99%

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$1,895,000available24 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 $727/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 2.0%. 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

Eatons Hill in one glance

Eatons Hill at a glance

7,984

People

$1,377,500

Median sale

$727/wk

Median rent

2.74%

Suburb gross yield

Median sale from 64 recorded sales (last 12 months) — a Districts calculation.

See the full Eatons Hill report →

Keep researching

  • Why Eatons Hill? Read the area thesis →
  • What else is on the market in Eatons Hill →
  • Other records on Drapers Rd →

Listing material

Listed by Niew Property

Grand Acreage Living 422m² under roof on a useable 6,006m² block

Set across an impressive 6,006m² parcel in the heart of Eatons Hill, 35 Drapers Road presents an exceptional opportunity for families seeking space, privacy and a true acreage lifestyle without sacrificing everyday convenience.

Offering approximately 422m² of substantial living across two levels, this character-filled residence delivers five generous bedrooms, multiple living and dining areas, expansive outdoor entertaining, a saltwater swimming pool and an abundance of usable yard space.

From the moment you arrive, the home's commanding presence and traditional architecture set the scene. Wide verandahs, established gardens and a picturesque acreage backdrop give the property a wonderful sense of character, while inside, soaring ceilings, decorative detailing and generous proportions create a home designed for family life on a grand scale.

Read the full description

The upper level forms the heart of the home, with a spacious kitchen featuring a DeLonghi induction cooktop, Electrolux double oven and Bosch dishwasher, flowing through to the breakfast nook and adjoining family room. Separate formal living and dining areas provide further space to entertain or unwind, while a Masport woodfire heater adds warmth and ambience to the family living zone.

Multiple doors open onto the home's expansive covered verandahs and outdoor living areas, where elevated views stretch across the surrounding lawns and established greenery.

The privately positioned primary suite is particularly impressive, featuring a generous bedroom, large walk-in robe and spacious ensuite with dual vanities, corner bath and separate shower.

Downstairs provides another dimension to the home, with additional bedrooms, bathroom and an enormous recreation room complete with wet bar. With its own living space and direct access to the covered patio and pool area, this level offers fantastic flexibility for teenagers, guests, extended family or those simply wanting additional separation.

Outside is where the acreage lifestyle truly comes to life. The 11m x 4.5m saltwater swimming pool and adjoining gazebo create a wonderful setting for summer entertaining, while the expansive lawns offer an extraordinary amount of room for children, pets and outdoor activities.

The property is fully fenced with remote-controlled front gates, side access and rear gate access, while three-phase power provides further potential for those considering additions such as a future tennis court.

With approximately 1.5 acres to enjoy, an incredibly spacious home and a long list of practical inclusions, 35 Drapers Road offers the freedom of acreage living with the versatility modern families need.

Property Features

• Approximately 6,006m² fully fenced acreage allotment

• Approximately 422m² substantial two-level residence

• Five generously sized bedrooms

• Spacious primary suite with large walk-in robe and ensuite

• Multiple formal and informal living and dining areas

• Expansive downstairs recreation room with wet bar

• Large kitchen with DeLonghi induction cooktop

• Electrolux double oven and Bosch dishwasher

• Masport woodfire heater

• Reverse-cycle fully ducted air conditioning upstairs with five zones and Advantage Air MyAir control

• Three reverse-cycle split-system air conditioners downstairs

• 12 ceiling speakers throughout the home

• Vacuum Aid system

• Security screens throughout

• Three large storerooms

• Expansive covered verandahs and outdoor entertaining areas

• 11m x 4.5m saltwater swimming pool

• Poolside gazebo

• Established gardens and expansive usable lawns

• Cubby house

• Chook pen with four chickens

• 9,000L water tank

• Biocycle wastewater system

• Gas hot water system with cylinders

• 20 solar panels

• Remote-controlled garage doors and front entry gates

• Fully fenced with side gates and rear property access

• Four-car accommodation

• Three-phase power with potential to service future improvements such as a tennis court

A substantial family home, an extraordinary parcel of land and all the space to create the acreage lifestyle you've been searching for — 35 Drapers Road is a property designed to be enjoyed for generations.

Listing description written by Jonathan Wein, Niew Property — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Fully Fenced
  • Remote Garage
  • Rumpus Room
  • Solar Panels
  • Study
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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.