Lamb Island at a glance
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Median sale
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Median rent
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Suburb gross yield
QLD › Lamb Island › Niel St
$510,000
For sale
Asking
2
Bedrooms
1
Bathrooms
2
Car spaces
610 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
Asking
$510,000
Asking · $836/m² of land
No recorded sale for this property.
Lamb Island at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
$21,760 on top of the price (4.3% 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.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
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 and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
0 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
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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
Lamb Island at a glance
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Median sale
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Median rent
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Suburb gross yield
Listing material
Listed by Redlands Coast RealtyImmaculately presented and beautifully maintained, 4 Niel Street, Lamb Island offers easy, low-maintenance island living in a modern steel-frame home completed in 2023.
Set on a generous 610m² block with council land adjoining to the right, the property enjoys an added sense of space and privacy while still being conveniently located close to the island’s amenities and waterfront.
At the heart of the home is a light-filled open-plan living, dining and kitchen area, flowing directly onto a spacious covered deck – the perfect place to catch the island breezes, relax with a morning coffee or look out over the garden. Privacy blinds provide extra shelter and seclusion when needed, while the outdoor kitchen makes the deck a fantastic extension of the home for entertaining and everyday living.
Both bedrooms feature built-in wardrobes, while the main bedroom and living area are fitted with quiet DC ceiling fans for comfortable, peaceful living. Air-conditioning is also provided in both the main bedroom and living area, with midge mesh to all windows adding another practical touch for year-round island comfort.
Designed with ease of ownership in mind, the home also features a large solar system, durable steel-frame construction and Colorbond fencing, creating a property that is easy to maintain whether you're looking for a permanent home, island escape or lock-up-and-leave lifestyle.
Property Features:
- Immaculate 2 bedroom, 1 bathroom home
- Modern steel-frame construction, completed in 2023
- Generous 610m² block
- Council land adjoining to the right
- Spacious covered entertaining deck overlooking the garden
- Outdoor kitchen
- Deck privacy blinds for additional shelter and seclusion
- Large solar power system
- Air-conditioning to living area and main bedroom
- Built-in wardrobes to both bedrooms
- Quiet DC ceiling fans
- Midge mesh to all windows
- Colorbond fencing
- Low-maintenance home and grounds
Positioned just a short walk from Ian Ward Waterfront Park, the property is centrally located for easy access to everything Lamb Island has to offer, including the ferry terminal, local shop, recreation facilities and beautiful waterfront areas.
Contact the listing agent to arrange your private inspection. Free transport is available from the 50-cent passenger ferry terminal to the property, making it easy to come across and discover Lamb Island living for yourself.
ABOUT LAMB ISLAND
Lamb Island (Ngudooroo) is the second smallest of the Southern Moreton Bay Islands with excellent fishing, kayaking, sailing and deep water moorings on our doorstep.
We have about 500 residents and a small community feel compared to the larger suburban islands Russell and Macleay. Most people come here for the peace and quiet. The 1km x 2 km island is small enough that it's not necessary to have a vehicle, and many residents walk, have bikes, scooters or use the community-run Lamb Van public transport. Get your local honey, freshly roasted coffee, organic gardening supplies, local artwork and handmade soap from some of the local small businesses on Lamb.
There are many groups and activities to keep you occupied, from Yoga and Pilates classes, Qi Gong, pickleball and tennis, community bushcare days, to trivia nights and pool competitions at the Rec Club.
We have town water (which comes from the aquifer below the great sand island North Stradbroke), electricity, NBN internet, public tennis court (with flood lighting for night tournaments!), playground, BBQ and netted swimming area, off-leash dog park, community garden, free rubbish dump, Rural Fire Brigade, Lamb Island Recreational Club/Bar and a small shop. Eat-in or takeaway meals can be had at the Recreation Club or Zac’s shop.
Woolworths deliver here every day of the week for a delivery fee. There are essentials such as schools, post office, pharmacies, medical centres, hardware stores and cafes on the neighbouring islands Macleay and Russell which are a free 5 minute inter-island ferry away.
We are just a 50c fare and 21 minute Translink passenger ferry ride to Redland Bay, Brisbane where there is limited free car parking and the Weinam Creek Development is in the pipeline. The vehicle barge now has a 50% subsidy for residents and is only approx $35 each way leaving from Redland Bay, Brisbane. The Island jetties have recently undergone a multi-million dollar major revamp with the addition of a recreational jetty for fishing and temporary mooring of tenders.
The islands are moving ahead and undergoing a building boom which is to be expected for a region only 50 mins to Brisbane City and 50 mins to the Gold Coast.
The secret's out and more people are discovering our beautiful islands and the unique lifestyle they offer.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained here is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or mis-statements contained in this document. Prospective purchasers should make their own enquiries to verify the information contained here.
Property Code: 3484
Listing description written by Kat Gawlik, Redlands Coast Realty — reproduced as published, not verified by Districts.