Corinda at a glance
5,933
People
$1,540,000
Median sale
$676/wk
Median rent
2.28%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
QLD › Corinda › Penaton St
3
Bedrooms
1
Bathrooms
2
Car spaces
665 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Corinda (last 5 years) with land size have a median of $2,427/m² of land (n=46). Districts calculation from recorded sales — not a valuation.
Corinda at a glance
5,933
People
$1,540,000
Median sale
$676/wk
Median rent
2.28%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
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 $676/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
Corinda at a glance
5,933
People
$1,540,000
Median sale
$676/wk
Median rent
2.28%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property SherwoodNeatly presented and featuring a low-maintenance layout, this property is an outstanding opportunity for anyone with an eye for potential. Found in the family suburb of Corinda, this home is being presented to the market for the first time and provides the astute buyer with opportunities for improvement, investment, restoration or renovation – take your pick! Set on a generous allotment of 665sqm with wide side access, prospective purchasers will wisely consider all possible options.
The existing home has a practical layout with three bedrooms, one bathroom, and light-filled living spaces upstairs. Underneath the property is perfect for those looking for a private and lockable home workshop. Additional features of the property include:
• Elevated street appeal
• Traditional floorplan with open plan living and dining area
• Semi-modern kitchen in good condition provides ample storage, 4-burner induction cooktop, electric underbench oven and great natural light
• Tidy main bathroom with Spa bath
• Rear deck with a north-west aspect provides an ideal alfresco area, so important for Brisbane's outdoor lifestyle
• Double lock up garage with additional off-street parking
• Ample storage space underneath the house and an included workbench
• A separate roller door at the rear of the garage opens onto the undercover patio
• Garden shed
• Fully fenced and low maintenance gardens
• Potential for dual side-access to complement the existing side access point
• This property was affected in the 2011 and 2022 floods but only in the garaging area, which is designed to be easily hosed out. Water did not enter the habitable areas of the property
• Rent appraisal of $530 - $580 p/week
• Brisbane City Council rates - $393 p/qtr
• Corinda State School and Corinda State High School Catchments
• Exceptional opportunity – ready for your attention right now!
Corinda is a suburb you will relish calling home. Residents enjoy the convenience of being part of a vibrant village style community and award-winning restaurants, cafes, and boutique shopping. This position is within walking distance to Corinda railway station, bus services are nearby, and it is only 9km to Brisbane CBD.
Nearby and only a short drive away is Indooroopilly Shopping Centre, Corinda Golf Course, Rocklea Markets, medical centres, Corinda public swimming pool and Corinda Library. The Centenary and Ipswich Motorways are easily accessible, as are a multitude of local and quality schooling options. Anyone on the hunt for a property or land with real potential won't want to miss this opportunity in Corinda!
Listing description written by Maria Peirce, Belle Property Sherwood — reproduced as published, not verified by Districts.