Newmarket at a glance
5,498
People
$1,830,000
Median sale
$664/wk
Median rent
1.89%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
QLD › Newmarket › Murrell St
$985,000
Last sold
21 Aug 2024
2
Bedrooms
1
Bathrooms
0
Car spaces
496 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
$985,000
21 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Newmarket (last 5 years) with land size have a median of $3,029/m² of land (n=50). Districts calculation from recorded sales — not a valuation.
Newmarket at a glance
5,498
People
$1,830,000
Median sale
$664/wk
Median rent
1.89%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Newmarket
-46.2%
Median sale
Suburb $1,830,000
+1.62 pp
Gross yield
Suburb 1.89%
Suburb median $1,830,000 from 27 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 $664/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Newmarket at a glance
5,498
People
$1,830,000
Median sale
$664/wk
Median rent
1.89%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Solutions WindsorAuction Wednesday 21st August, In-rooms at 142 Newmarket Road, Windsor.
Basking in sun-kissed, leafy surrounds and exuding beautiful charm, this inviting residence cohesively blends the gorgeous character of a bygone era with rejuvenations perfecting everyday comfort. Positioned in a brilliantly convenient pocket of Newmarket, capitalise on having shops, dining and even a cinema at your door plus all the benefits of being at the city's doorstep!
Features Include:
- 496 m2
- Renovated cottage with heritage elements including timber floors and VJ
- Open-plan living and dining with fabulous natural light
- Upgraded kitchen with superb storage, and thick stone
- Miele Dishwasher and Neff Slide and Hide oven
- Covered front verandah with fenced front yard
- Large backyard with easy-build terrain for any future expansion
- Two built-in bedrooms
- Separate office with built-in storage
- Contemporary bathroom with mirrored storage and black fixtures
- Underhouse storage and laundry with excellent option to raise and build-in
- Gated off-street parking
- Walk to cinema, dining, shopping, schooling, bus and rail
White picket fencing and a covered verandah mark your entrance with classic hospitality before the timeless class of a bygone era is displayed throughout the light-filled interior. Gorgeous original timber floors have been polished and sit alongside VJ walls in a spacious living and dining with high ceilings flowing through to the adjacent kitchen. Impressively merging a modern upgrade in keeping with the home's elegant heritage, wall to wall joinery offers excellent storage amongst premium appliance and expansive stone.
Capture the morning sun with your coffee on the front verandah whilst large yard space both front and rear is perfect for extended outdoor enjoyment. Sitting on a 496 m2 block, there is terrific opportunity to create a dream alfresco zone or even utilise it in a profit boosting extension!
Two bedrooms welcome you with carpeted comfort and built-in storage with a private rear office perfect for working from home and also including built-in cabinetry. Immaculately upgraded with a contemporary fit-out, the bathroom offers mirrored storage and black fixtures. Additional features include solar electricity, laundry, gated off-street parking and large under house storage with scope to raise the house and extend the living footprint. if desired.
A premium suburb on the edge of the city, there is unbeatable convenience merging perfectly with lifestyle perks! You can walk to Newmarket cinemas, shopping and dining as well as bus and rail both at your door. The Kedron Brook bikeway offers a wonderful way to commute or enjoy the extensive parkland whilst the city and major hospital precincts are just minutes away!
Location Snapshot:
- 170m Newmarket train station
- 350m Newmarket Aquatic Centre
- 450m Newmarket Primary School
- 600m Cinemas, shops and dining
Location Information:
Under 4km from the Brisbane CBD, Newmarket is high on the list for those seeking the ultimate blend of convenience with vibrant urban living in serene surrounds. High-quality homes are numerous throughout the suburb which benefits from multiple public bus and train routes to Brisbane CDB and surrounds. Surrounded by shopping and dining precincts there is easy access to Newmarket Village and Kelvin Grove Urban Village among others offering local cinemas and restaurants with numerous parkland, schools and sporting precincts abundance in the area.
Listing description written by Jared Webb, Harcourts Solutions Windsor — reproduced as published, not verified by Districts.