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QLD › Wavell Heights › Frankit St

41 Frankit St, Wavell Heights QLD 4012

House

$2,850,000

Last sold

25 Feb 2026

5

Bedrooms

4

Bathrooms

2

Car spaces

607 m²

Land

389 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $2,850,000 (25 Feb 2026).(Recorded sale)
  • CalculationRecorded House sales in Wavell Heights (last 5 years) with land size: median $2,481/m² of land (n=141). 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

$2,850,000

25 Feb 2026 · derived via latest_sale

Local land rate: recorded House sales in Wavell Heights (last 5 years) with land size have a median of $2,481/m² of land (n=141). Districts calculation from recorded sales — not a valuation.

Wavell Heights at a glance

11,245

People

$1,570,000

Median sale

$656/wk

Median rent

2.17%

Suburb gross yield

Median sale from 75 recorded sales (last 12 months) — a Districts calculation.

See the full Wavell Heights report →

Vs Wavell Heights

+81.5%

Median sale

Suburb $1,570,000

-0.97 pp

Gross yield

Suburb 2.17%

Suburb median $1,570,000 from 75 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$2,850,00025 Feb 2026
  2. Listedprice unknowncompleted9 Feb 2026

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 $656/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

Wavell Heights in one glance

Wavell Heights at a glance

11,245

People

$1,570,000

Median sale

$656/wk

Median rent

2.17%

Suburb gross yield

Median sale from 75 recorded sales (last 12 months) — a Districts calculation.

See the full Wavell Heights report →

Keep researching

  • Why Wavell Heights? Read the area thesis →
  • What else is on the market in Wavell Heights →
  • Other records on Frankit St →

Listing material

Listed by SB Property

Exceptional Brand-New Modern Queenslander on a Whisper Quiet Street

Welcome to ‘Whitehaven’ - a brand-new Modern Queenslander showcasing exceptional design & bespoke finishes, this stunning home is set on a level 607m² allotment in a whisper-quiet street within one of Wavell Heights’ most tightly held pockets.

The striking façade is timeless - with dual gables, stunning natural stone & batten fencing, landscaped front garden and sage feature front door. If you are looking for a property to be excited about coming home to – this is it.

Bathed in natural light, the home has been thoughtfully curated to balance refined design with effortless family functionality. Generous proportions, seamless indoor–outdoor integration, and timeless finishes come together to create an environment of understated elegance and everyday comfort.

Read the full description

Upon entry, a striking 6-metre void immediately establishes a sense of scale and architectural presence. Engineered oak flooring flows throughout both levels, beautifully complementing the soft, neutral palette and enhancing the home’s cohesive and calming aesthetic.

The lower level forms the heart of the home, offering expansive open-plan living and dining spaces designed for both relaxed family living and entertaining. The designer kitchen is superbly appointed with a full suite of Fisher & Paykel appliances - including twin integrated ovens, integrated dishwasher and microwave, and is supported by a generous walk-in pantry providing outstanding storage.

Large sliding doors extend the interior to a private alfresco retreat framed by lush greenery - neighbouring mature trees provide an almost country feel with birdsong creating a sense of seclusion and tranquillity. The covered outdoor entertaining area features a built-in kitchen with Beefeater BBQ, ideal for long lunches, summer evenings, and weekend gatherings. A stunning in-ground swimming pool completes the setting, delivering a resort-style backdrop for relaxation and entertaining.

Also on the lower level is a beautifully appointed guest suite, finished with plush carpet, built-in robe, and a stylish ensuite featuring a floating vanity and oversized shower—ideal for guests, extended family, or multigenerational living.

Upstairs, a light-filled second living area sits beneath a skylight, providing a relaxed retreat for family downtime. The master suite is a serene sanctuary, enjoying leafy outlooks over the backyard and abundant natural light. Feature VJ-panelled wainscoting adds subtle character, while the spacious walk-in robe and refined ensuite elevate the suite further. The ensuite is thoughtfully designed with a rain shower and dual floating vanity, creating a calm and functional space to unwind.

The remaining three bedrooms have been carefully considered for family living. Two bedrooms feature walk-in robes and share a beautifully appointed Jack-and-Jill bathroom, while the third bedroom includes a built-in robe and is serviced by the main bathroom, complete with a freestanding bath and separate toilet. Positioned around the upper living zone, the bedrooms strike a perfect balance between privacy and connection.

Whitehaven delivers the perfect fusion of modern luxury, thoughtful design, and everyday liveability. Positioned close to quality schools, parks, public transport, and shopping amenities, this exceptional residence offers a peaceful yet connected lifestyle.

Additional features:

· Fully fenced 607m2 allotment

· Daiken ducted and zoned air conditioning

· 5kw solar

· 2 car garage with epoxy flooring

· Ceiling fans throughout

· Fisher and Paykel integrated dishwasher

· Fisher and Paykel dual ovens

· Fisher and Paykel integrated in microwave

· Fisher and Paykel electric cooktop

· Outdoor kitchen with Beefeater BBQ

· Sparkling in ground swimming pool

Proximity to amenities:

· 600m to 7th Brigade Park

· 1.6km to Westfield Chermside

· 1.2km to Wavell Heights State School

· 1.3km to OLA

· 2.2km to Wavell State High School

· 3.6km to Prince Charles Hospital

For further information regarding the property, or to arrange a private inspection please call Stefan on 0411 810 440

Property Code: 124

Listing description written by Stefan Blee, SB Property — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 2
  • Fully Fenced
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Solar Panels
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.