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QLD › Riverhills › Paluna St

37 Paluna St, Riverhills QLD 4074

For saleHouse for Sale

$1,200,000

For sale

Asking

4

Bedrooms

2

Bathrooms

7

Car spaces

808 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,200,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,200,000(Listing record · 8 July 2026)
  • FactLand 808 m²; no building size recorded.(Property record)
  • CalculationAsk is 4% below the Riverhills median recorded sale ($1,244,444, n=22, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Riverhills's advertised median rent ($687/wk), implied gross yield would be 2.98% — 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

$1,200,000

Asking · $1,485/m² of land

No recorded sale for this property.

Riverhills at a glance

4,267

People

$1,244,444

Median sale

$687/wk

Median rent

2.87%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Riverhills report →

Vs Riverhills

-3.6%

Median sale

Suburb $1,244,444

+0.11 pp

Gross yield

Suburb 2.87%

Suburb median $1,244,444 from 22 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,200,000
Stamp Duty (Queensland)
$49,525
Transfer/Registration Fee
$4,997
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
$1,258,222

$58,222 on top of the price (4.9% 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 Riverhills's advertised median rent — not a rent for this listing.

Net yield
1.48%
Annual cashflow (pre-tax)
$-44,676
Interest cover (DSCR)
0.28
Annual rent
$35,724
Operating expenses
$18,000
Loan amount
$960,000
Annual interest
$62,400
Gross yield
2.98%

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$1,200,000available8 July 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 $687/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 3.0%. 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

Riverhills in one glance

Riverhills at a glance

4,267

People

$1,244,444

Median sale

$687/wk

Median rent

2.87%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Riverhills report →

Keep researching

  • Why Riverhills? Read the area thesis →
  • What else is on the market in Riverhills →
  • Other records on Paluna St →

Listing material

Listed by RE/MAX Ignite

A Hidden Oasis of Luxury Living in the Heart of Riverhills

Perfectly positioned on an expansive 808m² allotment backing directly onto a peaceful bushland reserve, this well maintained residence offers an exceptional blend of privacy, comfort and contemporary family living. Framed by beautifully landscaped gardens and boasting inviting street appeal, this stunning home has been thoughtfully designed to embrace effortless indoor-outdoor living in a tranquil natural setting.

Inside, polished parquetry timber flooring, abundant natural light and a versatile floorplan create an inviting atmosphere, with multiple living and dining zones providing the perfect balance of space and functionality. At the heart of the home, the centrally appointed kitchen showcases striking Breccia Pernice Marble benchtops, quality stainless steel appliances and generous storage, all overlooking the main living areas and outdoor entertaining space.

Sliding doors open to an expansive covered alfresco, seamlessly extending the home's living spaces into a spectacular outdoor retreat. Surrounded by lush, low-maintenance gardens and a serene bushland backdrop, this private oasis features a sparkling in-ground swimming pool, indulgent heated spa and outdoor bar-creating the ultimate setting for entertaining or simply unwinding in complete tranquillity. An impressive indoor bar opens effortlessly through concertina doors, seamlessly connecting to the poolside entertaining area and delivering the perfect blend of indoor and outdoor living for year-round enjoyment.

Read the full description

Accommodation comprises four generously sized bedrooms, all with built-in wardrobes, dedicated office/study including a spacious master suite complete with a private ensuite and three double door built in robes. A stylish family bathroom and air-conditioned living further enhance the home's everyday comfort.

Adding to the home's impressive appeal is exceptional vehicle accommodation, featuring a 3 metre+ clearance carport (70sqm) ideal for a boat, jet skis, caravan, truck or additional vehicles, complemented by an oversized triple tandem lock-up garage (107sqm) with secure parking, extensive storage and versatile space for a workshop, home gym or hobbies.

Positioned in one of Riverhills most sought-after pockets, you'll enjoy easy access to riverside parklands, walking trails, the rowing club, quality schools, Middle Park Village, Mt Ommaney Shopping Centre, public transport and the Centenary Highway, placing Brisbane's CBD just 20 kilometres away.

Standout Property Features

• 808m² allotment backing bushland reserve

• Well presented family residence

• Four bedrooms + dedicated office

• Master suite with private ensuite

• 3m+ clearance carport for boat, caravan or truck (70sqm)

• Triple tandem lock-up garage with storage/workshop potential (107sqm)

• Breccia Pernice Marble kitchen benchtops

• Stainless steel appliances

• Multiple living and dining zones

• Polished parquetry timber flooring

• Covered alfresco entertaining area

• Resort-style pool, heated spa & indoor/outdoor bar

• Low-maintenance landscaped gardens

• Air-conditioned living

• Peaceful bushland outlook with privacy all round

Offering a rare combination of timeless style, resort-inspired entertaining and a beautiful bushland setting, this exceptional residence presents a rare opportunity to secure a premium family lifestyle in one of Riverhills most tightly held locations.

Disclaimer: Some images used in this advertisement may have been digitally enhanced or virtually staged with furniture and décor for illustrative purposes only. The furniture, furnishings, fixtures, and decorative items shown may not be present at the property and are not included in the sale or lease unless otherwise specified. Prospective purchasers should rely on their own inspections and enquiries regarding the property's features and inclusions.

Listing description written by Liam Workman, RE/MAX Ignite — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Outdoor Entertaining
  • Outside Spa
  • In-Ground Pool
  • Solar Panels
  • Study
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.