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QLD › East Brisbane › Walter Ave

39 Walter Ave, East Brisbane QLD 4169

House

$1,180,000

Last sold

29 Sept 2025

3

Bedrooms

1

Bathrooms

2

Car spaces

405 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,180,000 (29 Sept 2025).(Recorded sale)
  • FactLand 405 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in East Brisbane (last 5 years) with land size: median $3,896/m² of land (n=60). 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

$1,180,000

29 Sept 2025 · derived via latest_sale

Local land rate: recorded House sales in East Brisbane (last 5 years) with land size have a median of $3,896/m² of land (n=60). Districts calculation from recorded sales — not a valuation.

East Brisbane at a glance

6,977

People

$1,740,000

Median sale

$703/wk

Median rent

2.10%

Suburb gross yield

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

See the full East Brisbane report →

Vs East Brisbane

-32.2%

Median sale

Suburb $1,740,000

+1.00 pp

Gross yield

Suburb 2.10%

Suburb median $1,740,000 from 23 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$1,180,00029 Sept 2025
  2. Listedprice unknowncompleted13 Nov 2024

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 $703/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

East Brisbane in one glance

East Brisbane at a glance

6,977

People

$1,740,000

Median sale

$703/wk

Median rent

2.10%

Suburb gross yield

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

See the full East Brisbane report →

Keep researching

  • Why East Brisbane? Read the area thesis →
  • What else is on the market in East Brisbane →
  • Other records on Walter Ave →

Listing material

Listed by RE/MAX Masters

ONLY 3km from the City !

Perfect for buyers looking for a piece of PRIME REAL ESTATE set to boom in the future years ahead !

Here is an opportunity for that savvy buyers, with the experience to bring out its true potential, and reap the potential upside of hundred or thousands of $$$!

With 405sqm on LMR2 zoning, you could build up to 3 stories! (Subject to council approval)

Read the full description

Comes with a solid 3 bedrooms (including sunroom), 1 bathroom home, a large combined living and dining area, functional kitchen, storage area and 1 car lock up downstairs, you could renovate and bring it back to its full potential, or just knock it all down and build units, townhouses, duplexes! (Subject to council approval)

Features include high ceilings, VJ timber walls and ceilings, wide timber skirtings, casement windows, stained glass features throughout, timber French doors, polished timber flooring, air conditioning.

Set in a highly desirable precinct of East Brisbane, this property promises a lifestyle of unrivalled convenience and leisure. Families will appreciate the proximity to Churchie Boys School, while the Gabba Cricket Ground, local shops, cafes, and restaurants contribute to the locale's vibrant scene. Easy access to Mowbray Park and the City Cat Terminal ensures effortless commutes and recreational outings. Moreover, residents will find themselves just a stone's throw away from the sophisticated offerings at Howard Smith Wharves, New Farm Park, and the Brisbane CBD, with a selection of the city's finest dining and entertainment within easy reach.

If you enjoy outdoor activities, then this location is perfect for you! Being close to parklands, and all modes of transportation are readily available, truly epitomising the best of both peaceful and urban living.

Whether you are an astute investor, owner-occupier, or a young family looking to get into the inner-city property market, you cannot go wrong!

With the increasing popularity of Brisbane inner city living, this suburb is set to boom! Now is the time to capitalise on this golden opportunity to own prime location for a small price!

The owner have made a firm decision to sell, all they are waiting for is your offer.... so if this home sounds like something you can see yourself living in, pick up the phone and call me George Vuong, today, savvy investors take note, inspection is a must!

(This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.)

All offers must be submitted prior to end date, all offers are submitted on a first in, best offer basis, and the vendors may accept an offer prior to end date.

Disclaimer- All information relating to the property described is gathered from sources we believe to be reliable. However, we cannot guarantee or warrant it's accuracy. You should make your own enquiries, consult relevant advisers and satisfy yourself about it's integrity. Our full disclosure also applies and is outlined on our website www.remaxmasters.com.au

Listing description written by George Vuong, RE/MAX Masters — 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.