Kangaroo Point at a glance
12,110
People
$1,806,000
Median sale
$797/wk
Median rent
2.29%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
QLD › Kangaroo Point › Salstone St
$2,150,000
Last sold
30 July 2023
2
Bedrooms
1
Bathrooms
2
Car spaces
810 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
Last sold
$2,150,000
30 July 2023 · derived via latest_sale
Local land rate: recorded House sales in Kangaroo Point (last 5 years) with land size have a median of $3,901/m² of land (n=11). Districts calculation from recorded sales — not a valuation.
Kangaroo Point at a glance
12,110
People
$1,806,000
Median sale
$797/wk
Median rent
2.29%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Kangaroo Point
+19.0%
Median sale
Suburb $1,806,000
-0.36 pp
Gross yield
Suburb 2.29%
Suburb median $1,806,000 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $797/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.
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
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
UnknownArea
Kangaroo Point at a glance
12,110
People
$1,806,000
Median sale
$797/wk
Median rent
2.29%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Smith & LiSmith and Li are very proud to present The Paragon, this stunning Queenslander underpinned by a massive 810m2 of prime Kangaroo Point real estate.
The first time on the market in 34 years, the house itself is near-flawless,with many original pieces highlighting a beautiful bygone era, with high cathedral ceilings, VJ walls, ornate ceiling mouldings and architraves, original polished floorboards throughout. The bedrooms are spacious, and both lead out to the sleepout where you could easily put in an ensuite bathroom, and third bedroom if needed.
Already split onto 2 lots (Lot 2 and Lot 3) the 810m2 block of land is nothing short of a rare gem in inner-city Brisbane, with many options available to you subject to council approval. With the home on stumps, the possibility of moving the home to one side, or removing the home altogether to subdivide or develop completely are real. The other possibility is to keep the façade and build your dream home behind as some of the neighbours have done in the past.
Finally, the location is second to none. Kangaroo Point is rarely matched for its views and natural beauty. Just walking distance to Kangaroo Point’s famous ancient cliffs, unmasking views of the river, city and mountains, as well as showcasing Brisbane city at its best, whether it's as the sun is rising, or as the city skyline lights up in the evening. Walking distance to the CBD as well as the iconic Story Bridge, with its famous café and restaurant precinct. You will also be greeted by parklands, bikeways,playgrounds and riverside picnic and barbecue spots. Get your feet tapping at the Brisbane Jazz Club or jump in a kayak for a paddle down the Brisbane River at Riverlife Adventure Centre.
Some of the finest schools in Brisbane are only minutes away, including Sommerville House, St Laurence’s College, All Hallows’ School, Lourdes Hill College, and Villanova College.
This property will not last long, this home MUST be sold at auction or PRIOR, with owners encouraging offers before auction. Don’t miss this opportunity to secure a beautiful home on a massive 810m2 in blue chip Kangaroo Point. Once it is sold, it will not be sold again in its original, blank canvas glory. Don't wait another 34 years, call Jon or Sandy to secure this property today!
Listing description written by Jon Smith, Smith & Li — reproduced as published, not verified by Districts.
Nearby 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.