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QLD › Norman Park › Russell Ave

37 Russell Ave, Norman Park QLD 4170

House

$1,900,000

Last sold

8 Nov 2023

5

Bedrooms

3

Bathrooms

2

Car spaces

407 m²

Land

358 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,900,000 (8 Nov 2023).(Recorded sale)
  • CalculationRecorded House sales in Norman Park (last 5 years) with land size: median $3,506/m² of land (n=87). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,900,000

8 Nov 2023 · derived via latest_sale

Local land rate: recorded House sales in Norman Park (last 5 years) with land size have a median of $3,506/m² of land (n=87). Districts calculation from recorded sales — not a valuation.

Norman Park at a glance

7,408

People

$1,852,500

Median sale

$758/wk

Median rent

2.13%

Suburb gross yield

Median sale from 46 recorded sales (last 12 months) — a Districts calculation.

See the full Norman Park report →

Vs Norman Park

+2.6%

Median sale

Suburb $1,852,500

-0.06 pp

Gross yield

Suburb 2.13%

Suburb median $1,852,500 from 46 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$1,900,0008 Nov 2023
  2. Listedprice unknowncompleted20 Sept 2023

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 $758/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

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

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

Norman Park in one glance

Norman Park at a glance

7,408

People

$1,852,500

Median sale

$758/wk

Median rent

2.13%

Suburb gross yield

Median sale from 46 recorded sales (last 12 months) — a Districts calculation.

See the full Norman Park report →

Keep researching

  • Why Norman Park? Read the area thesis →
  • What else is on the market in Norman Park →
  • Other records on Russell Ave →

Listing material

Listed by Place Woolloongabba

Flawless Family Living in this Executive Home

Built to exacting standards and positioned across the road from Perth Street Park, this flawless family home presents executive living in beautiful blue-chip Norman Park.

Comprising two spacious levels and whisper-quiet inside, the exquisite design and stunning level of finish form an exclusive oasis with everything you need for relaxing, entertaining and enjoying family time.

Elegantly appointed, natural limestone tiles and spotted gum adorn the floors, extensive glass panelling invites sunshine inside, and an open tread staircase connects the two levels.

Read the full description

Showcasing exceptional flow, the lounge, kitchen and dining area extend to the rear deck, creating one sublime space for indoor/outdoor living and entertaining. Picture windows frame the tranquil pool views, and the kitchen forms a culinary retreat with a walk-in pantry, 60mm Caesarstone benchtops, and high-end Bosch appliances. Take cooking and dining alfresco with the outdoor kitchen and built-in BBQ, perfect for summer days as children swim or play in the secure backyard.

A second living area upstairs includes a study and offers the ideal kid's hideaway for TV and homework time.

Five bedrooms and three bathrooms with signature tiles and stylish tapware provide executive family functionality. One bedroom is downstairs, and four are upstairs, including the superb master suite. Parents will adore the sunset views across the city from their private deck and enjoy an added touch of luxury with a lavish dressing room and gorgeous ensuite featuring dual vanities, double rainfall showers, a relaxing bath and a seating area.

Additional property highlights:

- Bosch oven, steamer, induction cooktop, coffee machine and integrated dishwasher

- Outdoor kitchen with Beefeater built-in BBQ and Husky bar fridge

- Entertaining area featuring outdoor blinds, downlights and ceiling fan

- Laundry featuring stone benchtops, hanging rail and ample storage

- Remote double garage with epoxy floors and storage alcove

- Two bedrooms with walk-in robes; three bedrooms with built-in robes

- Samsung 8-zone ducted air-conditioning and ceiling fans

- Pool includes automatic filtration and custom water feature

Residents will adore this esteemed Norman Park lifestyle. With Perth Street Park across the road and the local café, bus stops, and Saint Thomas Primary School steps away, the property offers exceptional family convenience. Featuring the CBD 15 minutes from your door, the Martha Street, Camp Hill Marketplace and Oxford Street shopping/dining precincts close at hand, and Seven Hills State School, Churchie and Lourdes Hill only moments away, this is an opportunity not to be missed.

Disclaimer:

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes

Disclaimer:

We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Listing description written by James Curtain, Place Woolloongabba — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Deck
  • Dishwasher
  • Fully Fenced
  • In-Ground Pool
  • Remote Garage
  • 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.