Paddington at a glance
9,311
People
$2,100,000
Median sale
$775/wk
Median rent
1.92%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
QLD › Paddington › Alma St
$2,450,000
Last sold
19 May 2026
4
Bedrooms
2
Bathrooms
1
Car spaces
579 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
$2,450,000
19 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Paddington (last 5 years) with land size have a median of $5,233/m² of land (n=53). Districts calculation from recorded sales — not a valuation.
Paddington at a glance
9,311
People
$2,100,000
Median sale
$775/wk
Median rent
1.92%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Vs Paddington
+16.7%
Median sale
Suburb $2,100,000
-0.28 pp
Gross yield
Suburb 1.92%
Suburb median $2,100,000 from 35 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 $775/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
Paddington at a glance
9,311
People
$2,100,000
Median sale
$775/wk
Median rent
1.92%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Kim Olsen PropertyPositioned within one of Paddington's most desirable enclaves, 41 Alma Street presents a refined balance of lifestyle appeal and investment confidence. Just moments from the boutique cafés, dining and shopping along Latrobe Terrace and Given Terrace, the home also enjoys convenient access to Rosalie Village, Suncorp Stadium, leading schools and the Brisbane CBD.
Designed for relaxed family living and effortless entertaining, the residence unfolds across two generous levels with multiple living areas and seamless indoor and outdoor integration. An expansive open plan living and dining zone flows to a substantial covered deck overlooking the sparkling in-ground pool, a private retreat for year-round enjoyment. The well-appointed kitchen is perfectly positioned to supervise both pool and yard, while a separate downstairs zone with rumpus, bedrooms, bathroom and laundry offers flexibility for extended family or guests.
Currently leased at $1,600 per week until February 2027, this is a secure, income-producing asset in a blue-chip location. With an established tenancy in place and a motivated seller, 41 Alma Street represents a compelling opportunity to secure a prestigious Paddington address with strong long-term capital growth prospects.
Key Features
• Four oversized bedrooms including a master suite with walk-through wardrobe and ensuite
• Expansive open plan living flowing to a large covered entertainer's deck
• Well-appointed kitchen overlooking the pool and yard
• Separate downstairs living with rumpus, bedrooms, bathroom and laundry
• In-ground pool with monthly servicing included
• 12kW solar system
• Double garage with internal entry
• Walking distance to Latrobe and Given Terraces and a short drive to Rosalie Village and the Brisbane CBD
Offering immediate rental return and exceptional long-term potential in one of Brisbane's most tightly held suburbs, this is an outstanding opportunity to secure a premium property in Paddington. To arrange your private inspection or for further information, contact Kim Olsen on 0413 539 865.
This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Listing description written by Kim Olsen, Ray White Kim Olsen Property — reproduced as published, not verified by Districts.