Kelvin Grove at a glance
9,724
People
$1,520,000
Median sale
$641/wk
Median rent
2.19%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
QLD › Kelvin Grove › Ballina St
$1,480,000
Last sold
12 Nov 2021
5
Bedrooms
2
Bathrooms
3
Car spaces
508 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
$1,480,000
12 Nov 2021 · derived via latest_sale
Local land rate: recorded House sales in Kelvin Grove (last 5 years) with land size have a median of $3,605/m² of land (n=53). Districts calculation from recorded sales — not a valuation.
Kelvin Grove at a glance
9,724
People
$1,520,000
Median sale
$641/wk
Median rent
2.19%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Kelvin Grove
-2.6%
Median sale
Suburb $1,520,000
+0.06 pp
Gross yield
Suburb 2.19%
Suburb median $1,520,000 from 13 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 $641/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
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
Kelvin Grove at a glance
9,724
People
$1,520,000
Median sale
$641/wk
Median rent
2.19%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Aurora Property BrisbaneJust 4kms from the CBD in close proximity to Herston Quarter, Kelvin Grove Urban Village and RBWH, this lovingly maintained home offers space and style in a fantastic inner city location.
Classic Queenslander features can be found throughout the home, with VJ walls and original hardwood floors that have been meticulously kept in great condition. Nine-foot ceilings and great natural lighting (thanks to a skylight) work together to create a bright, welcoming feeling to the home.
The main upper level features three bedrooms complete with ceiling fans and built-in wardrobes. One bedroom has secondary access to the gorgeous sunroom, an excellent spot for relaxing in the afternoon with a book or drink in hand. Great room flow connects the kitchen, dining and living spaces, giving a great open feeling to this level. The kitchen has seen a full contemporary renovation, offering gleaming white benches, cabinets, and splashback, along with high quality appliances including induction cooktop. The living area opens out through folding doors to a massive, covered deck overlooking the backyard with views out to Mt Coot-tha. This space is perfect for entertaining and able to accommodate all manner of outdoor settings.
Downstairs you'll find three multi-purpose rooms currently utilised as a living area and two bedrooms which are slightly under legal height along with an extra bathroom and kitchenette. This is the ideal self-contained area with separate entrance perfect for use as a guest space or teenage/parent's retreat. This level also features a fantastic media room with sound reducing insulated walls. Enjoy movie nights with the family without any outside interruptions!
Outside you'll find a spacious yard along with a custom swim spa with all the bells and whistles - heating, LED lights, swim jets and waterfall feature! The home's quiet cal-de-sac location provides great lush surrounds, turning the property into an inner city oasis.
There are plenty of other fantastic features offering great quality of life. Aircon throughout, 6kw solar panels, heat pump water system, parking for three vehicles, and plenty more, ensuring that you'll have an unbeatable living experience from day one.
The home has premier access to local features thanks to nearby Herston Road. QUT, Kelvin Grove State College/Urban Village, Victoria Park, Herston Quarter and RBWH are all within walking distance, while easy access to the CBD and routes around town is assured thanks to local busways and the tunnels. Nearby Newmarket Village offers great shopping, dining and cinema experiences, rounding out the fantastic offerings just minutes from your door.
Seize this opportunity for unmatched inner city living and make this a Place to call your own by organising your inspection today!
** 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.
Whilst all reasonable attempts have been made to verify the accuracy of the information provided, the Selling agents confirm that they cannot guarantee accuracy of the same and accept no liability (express or implied)in the event that any information contained in the document or provided within is inaccurate. Parties must ensure they make their own due diligence enquiries to satisfy themselves about the accuracy of the information. This information provided is indicative only and must not be relied upon unless confirmed by a party through their own due diligence.
**Please note the three multi-purpose rooms downstairs including the kitchenette are under legal height and are currently being utilised as a living area & two bedrooms.
Listing description written by Mario Sultana, Aurora Property Brisbane — reproduced as published, not verified by Districts.
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