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QLD › Kirwan › Ridley Rd

37 Ridley Rd, Kirwan QLD 4817

For saleHouse for Sale

$599,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

632 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $599,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $599,000(Listing record · 6 May 2026)
  • FactLand 632 m²; no building size recorded.(Property record)
  • CalculationAsk is 12% below the Kirwan median recorded sale ($677,500, n=23, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Kirwan's advertised median rent ($549/wk), implied gross yield would be 4.77% — 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

$599,000

Asking · $948/m² of land

No recorded sale for this property.

Kirwan at a glance

21,232

People

$677,500

Median sale

$549/wk

Median rent

4.21%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Kirwan report →

Vs Kirwan

-11.6%

Median sale

Suburb $677,500

+0.56 pp

Gross yield

Suburb 4.21%

Suburb median $677,500 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$599,000
Stamp Duty (Queensland)
$19,980
Transfer/Registration Fee
$2,204
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
$624,884

$25,884 on top of the price (4.3% 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 Kirwan's advertised median rent — not a rent for this listing.

Net yield
3.27%
Annual cashflow (pre-tax)
$-11,585
Interest cover (DSCR)
0.63
Annual rent
$28,548
Operating expenses
$8,985
Loan amount
$479,200
Annual interest
$31,148
Gross yield
4.77%

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$599,000available6 May 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 $549/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 4.8%. 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

Kirwan in one glance

Kirwan at a glance

21,232

People

$677,500

Median sale

$549/wk

Median rent

4.21%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Kirwan report →

Keep researching

  • Why Kirwan? Read the area thesis →
  • What else is on the market in Kirwan →
  • Other records on Ridley Rd →

Listing material

Listed by Ray White Kirwan

Spacious Family Home With Room To Move!

Welcome to your new family haven! This robust, high-set block home offers incredible versatility, abundant space, and a fantastic layout designed to cater to large families that need extra space. Positioned in a highly sought-after pocket of Kirwan, this home delivers comfort and convenience in equal measure.

Excellent tenants are already in place with the current lease from 28/01/2026 - 02/02/2027 at $520 per week.

The ground floor is where this property truly shines for large or extended families. Offering three massive multi-purpose rooms, the options here are endless. The central room has air conditioning and is equipped with a practical kitchenette set up, making this entire lower level an ideal self-contained zone for guests, teenagers, or extended family. Adding to the complete independence of this level is an internal laundry that includes a highly convenient second shower and an additional separate toilet.

Read the full description

Head up the internal stairs and discover a cleverly designed upper level. To your left, you are greeted by a versatile extra zone, the perfect spot for a dedicated study, home office, or a cozy book nook. To your right, the home flows into a very generous kitchen featuring sweeping bench space, ample cabinetry, and plenty of room to accommodate a family dining table. With four spacious bedrooms, three are air-conditioned for year-round comfort in the North Queensland climate. Two of the bedrooms feature convenient built-in robes, while the main bedroom boasts the luxury of its own private balcony, the perfect spot for your morning coffee. The beautifully renovated main bathroom, showcases a sleek, modern walk-in shower, alongside a separate toilet for family convenience.

Outside is an entertainer's delight with room for the toys. A double carport sits at the front of the home, while wide double side-access down the left-hand side provides plenty of secure parking for boats, trailers, or caravans. Entertain a crowd or simply relax while watching the kids play under the massive covered concrete patio that spans the entire length of the house.

Situated in a prime Kirwan location, 37 Ridley Road offers unparalleled lifestyle convenience. You are just minutes away from top local schools, major shopping precincts, and fantastic leisure and recreational areas, including the ever-popular Riverway Lagoons.

Don't miss the opportunity to secure a home with this much space and potential. Virtual furniture is being utilised for advertising purposes.

Listing description written by Cameron McDougall, Ray White Kirwan — reproduced as published, not verified by Districts.

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.