Karalee at a glance
6,042
People
$1,175,000
Median sale
$670/wk
Median rent
2.97%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
QLD › Karalee › Balmoral Grove
$963,000
Last sold
7 Mar 2024
5
Bedrooms
3
Bathrooms
6
Car spaces
4,072 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
$963,000
7 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Karalee (last 5 years) with land size have a median of $331/m² of land (n=137). Districts calculation from recorded sales — not a valuation.
Karalee at a glance
6,042
People
$1,175,000
Median sale
$670/wk
Median rent
2.97%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
Vs Karalee
-18.0%
Median sale
Suburb $1,175,000
+0.65 pp
Gross yield
Suburb 2.97%
Suburb median $1,175,000 from 55 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 $670/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
Karalee at a glance
6,042
People
$1,175,000
Median sale
$670/wk
Median rent
2.97%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Brisbane Real EstateWelcome to your dream family home nestled in the heart of the highly sought-after riverside estate! This impressive double-story residence offers ultimate tranquillity whilst being close to all of the amenities you require for day to day living
As you approach the property, you'll be captivated by its stunning facade and manicured landscaping. The grand entrance welcomes you into a thoughtfully designed interior, featuring a spacious layout that effortlessly combines elegance and functionality.
The ground floor boasts a master suite, study / 5th bedroom and multitude of living spaces, perfect for family gatherings and entertaining guests. The large kitchen is the centre point of the home, all living and dining flows seamlessly from this space. Equipped with stone benchtops and all the creature comforts modern day buyers desire this space is a culinary haven for the home chef.
Venture upstairs to find three more bedrooms all with air-conditioning, ceiling fans and built in robes, plenty of space for the growing family.
Step outside to the backyard, where a sparkling pool awaits on warm days, providing a refreshing escape for the entire family. The expansive yard is perfect for outdoor activities and play, making it an ideal setting for creating lasting memories.
Beyond the recreational spaces, this property comes complete with a spacious shed, offering ample storage for tools, equipment, or even the potential for a home workshop. This additional space adds practicality to the property, catering to various needs and hobbies.
One of the standout features of this home is its close proximity to local amenities. Enjoy the convenience of being just moments away from shopping centers, schools, parks, and other essential services. The estate itself offers a secure and peaceful environment, ensuring a harmonious blend of community living and privacy.
In summary, this large double-story family home is a rare gem in a highly sought-after estate, offering a harmonious blend of luxury, functionality, and convenience. Don't miss the opportunity to make this property your own and embark on a new chapter of family living in style!
Features:
4072sqm block
Large Kitchen + Stone bench tops + dishwasher
Reverse cycle air-conditioning + Ceiling fans
Built in robes + Ample storage
Wood-burner fireplace
3.5kw of solar + 20,000L of tank water
Security screens & Doors + Insulated Ceilings
12m x 6m Shed
Fully fenced + well established / private gardens
Listing description written by Jacob Ayre, Brisbane Real Estate — reproduced as published, not verified by Districts.