Murarrie at a glance
5,410
People
$1,370,000
Median sale
$756/wk
Median rent
2.87%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
QLD › Murarrie › Wareela St
3
Bedrooms
2
Bathrooms
3
Car spaces
598 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 Murarrie (last 5 years) with land size have a median of $2,361/m² of land (n=36). Districts calculation from recorded sales — not a valuation.
Murarrie at a glance
5,410
People
$1,370,000
Median sale
$756/wk
Median rent
2.87%
Suburb gross yield
Median sale from 13 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 $756/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
Murarrie at a glance
5,410
People
$1,370,000
Median sale
$756/wk
Median rent
2.87%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker Cannon Hill3D Tour - https://my.matterport.com/show/?m=RH9RY6atg5S
Nestled within the thriving suburb of Murarrie, 40 Wareela Street stands as a testament to refined updates and enduring charm. This property embodies opportunity in one of Brisbane's fastest-growing neighborhoods.
Boasting a substantial 598sqm lot, this home is primed for immediate occupancy. It appeals to a diverse range of buyers - from young couples or families seeking a unique entry into this sought-after locale, to downsizers craving the comforts of a genuine home, dual living buyer/family, and investors eyeing a solid return.
Adding to the appeal of this home is the self-contained studio downstairs, complete with two separate rooms, kitchenette and bathroom. Access out onto the rear patio gives it that private feeling. Ideal for home office needs, business or the teenager get away!
A renovated 1980's home has without a doubt become just as popular as a brand-new modern home, if not more! Residences in this area are tightly held, especially those with as sizeable land as this one, so do not miss your chance here.
Property Features:
Upstairs:
- Three generously sized bedrooms, all with built-in-robes, shutters and ceiling fans
- Open plan living/kitchen/dining creating the hub of the household
- Hardwood timber floors throughout
- Modern kitchen with electric cooking including dishwasher
- Main bathroom with separate toilet
- Large rear covered entertaining deck overlooking the lush yard and trees
- Air-conditioning and shutters in the living upstairs
Downstairs:
- Self contained studio with two MPR rooms, kitchenette, living, bathroom, separate toilet and laundry
- Large patio area under deck
- Perfect set up for home office with 3 points of entry
Extras:
- Fully fenced 598sqm block
- Two carports front and rear
- Large storage area/workshop at the front
Rates & Return:
- Estimated Rental Return: * $725.00 - $765.00 per week.
- Council Rates: Approx $471.19 per quarter.
Location:
15* minute drive to Brisbane CBD
8* minute drive to Oxford St, Bulimba
10* minute drive to Brisbane Airport
12* minute drive to Westfield Carindale
5* minute drive to local shops: Woolworths, Coles, TK Maxx, Bunnings + more
4* minute drive to Brewdog
Local schools include: Murarrie S/S, Balmoral State High, Cannon Hill Anglican College, St Oliver Plunkett
4* minute walk to Murarrie Train Station
2* minute walk to local bus stops
4* minute walk to local caf&aecute; Sonny’s
Contact #1 Team Hansom
Deanne Hansom | 0403 066 191
Ashleigh Hansom | 0448 742 538
* = Approximate
Listing description written by Deanne Hansom, LJ Hooker Cannon Hill — reproduced as published, not verified by Districts.