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 › Petaine St
$820,000
For sale
Asking
3
Bedrooms
1
Bathrooms
1
Car spaces
643 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
Asking
$820,000
Asking · $1,275/m² of land
No recorded sale for this property.
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
+0.19 pp
Gross yield
Suburb 3.55%
Suburb median $862,500 from 116 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$36,853 on top of the price (4.5% extra)
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.
Pre-filled with Raceview's advertised median rent — not a rent for this listing.
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.
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.
Gross yield if leased at the suburb aggregate is 3.7%. 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
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 REALTYIf you are looking for a beautifully presented family home that offers space, convenience and low-maintenance living, then 38 Petaine Street, Raceview deserves your immediate attention.
Set on a generous 643m² fully fenced block, this attractive brick and tile home combines impressive living space with a fantastic location, making it an ideal choice for families, first-home buyers, downsizers or savvy investors.
From the moment you arrive, the lovely front portico adds a touch of character and appeal to the home. Step inside and you will immediately appreciate the quality of the beautifully renovated interior, completed approximately three years ago and still presenting exceptionally well.
One of the home's standout features is its impressive size, with a very generous main lounge room measuring approximately 5.8m x 4.3m, providing plenty of room for the whole family to relax and unwind. A second living area is an excellent addition and is positioned open plan with the kitchen and dining area, creating a wonderful space for everyday family life and entertaining.
The spacious kitchen offers plenty of cupboard storage and ample bench space, room for an extra-large refrigerator, ceramic cooktop and under-bench oven. A split-system air conditioner is ideally positioned to circulate cool air through both living areas, while ceiling fans and downlights throughout the home add to the comfort and modern appeal.
Other features include security screens and a Solar hot water system to save you on your power bills.
Accommodation is well catered for with three good-sized bedrooms, all featuring built-in wardrobes. The master bedroom is particularly impressive, offering two sets of robes and direct access to the two-way bathroom. The home's thoughtful layout provides plenty of separation and flexibility, giving everyone in the family their own space.
Practicality has also been well considered, with internal access from the single lock-up garage providing excellent convenience, particularly during wet weather. Outside, the fully fenced 643m² block provides established trees for shade and plenty of room for children and pets to run and play.
The location is another major highlight. You will be within walking distance of Raceview State School, local shops, a gym, Brothers Leagues Club, family parks and a dedicated dog park. This is a location that makes everyday life easier, with many of your regular amenities close enough to enjoy without constantly needing to get in the car. Commuting to Brisbane or to the West is very convenient with the Cunningham highway access only a short drive away.
This is a genuinely appealing home that has been beautifully renovated, lovingly maintained and offers considerably more space than you might expect. With its pristine presentation, generous living areas, excellent block size and highly convenient Raceview location, properties of this quality are sure to attract plenty of interest.
So Don't miss your opportunity to inspect 38 Petaine Street, Raceview as soon as possible. Contact me today to arrange your inspection before this one is gone!
Listing description written by Roger Muller, MOD REALTY — reproduced as published, not verified by Districts.