Riverview at a glance
3,595
People
$772,500
Median sale
$582/wk
Median rent
3.92%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
QLD › Riverview › Tessman St
$749,000
For sale
Asking
3
Bedrooms
1
Bathrooms
2
Car spaces
627 m²
Land
Districts View
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
$749,000
Asking · $1,195/m² of land
No recorded sale for this property.
Riverview at a glance
3,595
People
$772,500
Median sale
$582/wk
Median rent
3.92%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Vs Riverview
-3.0%
Median sale
Suburb $772,500
+0.12 pp
Gross yield
Suburb 3.92%
Suburb median $772,500 from 28 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$33,332 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 Riverview'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 $582/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 4.0%. 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
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
Riverview at a glance
3,595
People
$772,500
Median sale
$582/wk
Median rent
3.92%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by NGU Real Estate BrassallIf you're looking for a home where the hard work has already been done, 38 Tessman Street delivers exactly that. Freshly repainted throughout and updated with stylish timber-look flooring, a renovated kitchen and a modern bathroom, this is a property you can move straight into and enjoy from day one.
Set on a fully fenced 627m² allotment, the home offers three well-proportioned bedrooms, a light-filled living area and an open dining space that flows effortlessly from the beautifully renovated kitchen. Finished with quality cabinetry, modern appliances and ample bench space, it's a practical layout designed for everyday living.
The renovated bathroom continues the fresh, modern feel, while the new flooring and neutral colour palette create a clean and inviting interior throughout the home.
Downstairs provides far more than just parking. With secure accommodation for two vehicles, there is also an abundance of storage, laundry facilities and a dedicated workshop area that's perfect for tradies, hobbyists or anyone needing extra space.
Outside, the generous backyard is a blank canvas. Wide side access makes it easy to add a shed, swimming pool or even explore the potential for a granny flat (subject to council approval), while still leaving plenty of room for kids and pets to enjoy.
Whether you're entering the market, downsizing or searching for a quality investment, this is a property that offers genuine value with all the major improvements already complete.
For investors, the property has a rental appraisal of $550 - $570 per week.
Ipswich City Council Rates: $606 per quarter (subject to change)
Urban Utilities Water Charges: $210 plus consumption (subject to change)
Features Include:
• 627m² fully fenced allotment
• Three bedrooms
• Renovated bathroom
• Renovated kitchen with modern finishes
• Freshly repainted throughout
• New timber-look flooring throughout the home
• Open living and dining area
• Two-car accommodation underneath
• Workshop and extensive storage space
• Excellent side access to the backyard
• Room for a shed, pool or granny flat (STCA)
Conveniently positioned in a quiet pocket of Riverview, you're just minutes from local schools, parks, shopping centres, public transport and easy access to the Cunningham and Ipswich Motorways, making commuting to both Ipswich and Brisbane simple.
This is one of those homes that makes sense the moment you walk through the door—updated, well presented and packed with future potential.
Listing Agents: Steve Athanates & Luke Athanates
Don't be disappointed – contact us today
NGU Real Estate Ipswich – with Offices at Brassall, Ipswich Central, Booval, Karalee, Greater Springfield, Brisbane West and Toowoomba – Our Seven (7) Great Locations Mean We've Got Ipswich and its Surrounds Covered!
Results Speak Louder Than Words
Disclaimer:
NGU Real Estate has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.
Listing description written by Steve Athanates, NGU Real Estate Brassall — 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.