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QLD › Raceview › Mahogany St

40 Mahogany St, Raceview QLD 4305

House

$900,000

Last sold

9 Oct 2025

3

Bedrooms

2

Bathrooms

2

Car spaces

827 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 $900,000 (9 Oct 2025).(Recorded sale)
  • FactLand 827 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Raceview (last 5 years) with land size: median $1,299/m² of land (n=149). 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

$900,000

9 Oct 2025 · derived via latest_sale

Local land rate: recorded House sales in Raceview (last 5 years) with land size have a median of $1,299/m² of land (n=149). Districts calculation from recorded sales — not a valuation.

Raceview at a glance

10,782

People

$860,000

Median sale

$589/wk

Median rent

3.56%

Suburb gross yield

Median sale from 119 recorded sales (last 12 months) — a Districts calculation.

See the full Raceview report →

Vs Raceview

+4.7%

Median sale

Suburb $860,000

-0.16 pp

Gross yield

Suburb 3.56%

Suburb median $860,000 from 119 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$900,0009 Oct 2025
  2. Listedprice unknowncompleted17 Sept 2025

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 $589/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

Raceview in one glance

Raceview at a glance

10,782

People

$860,000

Median sale

$589/wk

Median rent

3.56%

Suburb gross yield

Median sale from 119 recorded sales (last 12 months) — a Districts calculation.

See the full Raceview report →

Keep researching

  • Why Raceview? Read the area thesis →
  • What else is on the market in Raceview →
  • Other records on Mahogany St →

Listing material

Listed by Place Ipswich

ONE OWNER HOME IN POPULAR STREET

• SOLID 1976 DOUBLE-STOREY BRICK HOME

• RENOVATED KITCHEN WITH LOADS OF STORAGE

• 3 OVERSIZED BEDROOMS - 2 WITH BUILT-INS

Read the full description

• HUGE RUMPUS ROOM DOWNSTAIRS + 2ND BATHROOM

• FULL LENGTH FRONT DECK

• SPACIOUS 827M2 BLOCK

• LOCATED IN AN AMAZING STREET & SUBURB

Some homes just have a presence - and this one does it with ease. Built in 1976 and held lovingly in the same family ever since, this solid double-storey brick beauty has stood the test of time and is now ready to welcome its next chapter.

Sitting proudly on an 827m² block, there's plenty of space here for kids to run, pets to play, and weekends spent outdoors. The block gives you options too - whether you're dreaming of a pool, veggie gardens, or simply enjoying the existing yard as it is, the room is there to make it your own.

Step inside and you'll instantly notice how much space this home has to offer. The lower level boasts a large carpeted rumpus room that's versatile to the core. Need a teenagers' retreat, a media room, a spot for guests to stay over, or even a home office? This room has you covered. It even comes complete with its own bathroom, making the downstairs level a self-contained haven.

Head upstairs and you're greeted by a spacious loungeroom that's perfect for family movie nights or catching up with friends. From there, the dining area leads directly into a kitchen that was fully renovated in 2014. Crisp, modern, and incredibly practical, the kitchen is fitted with a dishwasher, endless cupboards, and generous bench space - whether you're a seasoned cook or just in charge of the Sunday morning pancakes, this space makes it easy.

The thoughtful layout continues down the hallway, where you'll find three oversized bedrooms. Two come with built-in wardrobes, and all are generously sized, giving every family member room to breathe. The carpets and internal paint were redone in 2014 - and honestly, they still look like they were done yesterday.

The main bathroom keeps its 1970's charm but is impressively large and in fantastic condition. With a separate bath, shower and toilet, it ticks the practical boxes while offering potential for a future update if you feel like putting your own stamp on things.

Comfort is a given here with four split-system air-conditioners plus ceiling fans throughout the home - so no matter the season, you'll always be sitting pretty.

One of the highlights? The large front deck that runs the full length of the home. Whether it's morning coffees, evening glasses of wine, or simply a space to sit and watch the neighbourhood roll by, it's the perfect extension of your living space.

Practical extras include a rainwater tank with pump, a double garage with remote control access, and the peace of mind that comes with a fenced backyard. Add to that the fact you're in a great street, surrounded by a sought-after suburb, and close to everything - schools, shops, parks, and public transport - and you'll quickly see why this property has been tightly held for nearly 50 years.

This is a home that's been cared for, loved, and lived in. It's solid, it's spacious, and it's filled with potential. Now, it's ready for its next story - and that could be yours.

Does this home tick most of your boxes? Reach out to the Glenn Ball Team from First National Action Realty Ipswich today.

DISCLAIMER: First National Action Realty has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. All distances, measurements and timeframes contained within this advertisement are approximate only. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Listing description written by Glenn Ball, Place Ipswich — 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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