Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

QLD › Karana Downs › Illawong Way

41 Illawong Way, Karana Downs QLD 4306

Rural Property

4

Bedrooms

2

Bathrooms

9

Car spaces

4,907 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLand 4,907 m²; no building size recorded.(Property record)
  • CalculationRecorded Rural Property sales in Karana Downs (last 5 years) with land size: median $149/m² of land (n=7). 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

No recorded sale price for this property yet.

Local land rate: recorded Rural Property sales in Karana Downs (last 5 years) with land size have a median of $149/m² of land (n=7). Districts calculation from recorded sales — not a valuation.

Karana Downs at a glance

3,889

People

$1,069,500

Median sale

$668/wk

Median rent

3.25%

Suburb gross yield

Median sale from 42 recorded sales (last 12 months) — a Districts calculation.

See the full Karana Downs report →

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. Soldprice unknown28 June 2023
  2. Listedprice unknowncompleted7 Dec 2022

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 $668/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

Karana Downs in one glance

Karana Downs at a glance

3,889

People

$1,069,500

Median sale

$668/wk

Median rent

3.25%

Suburb gross yield

Median sale from 42 recorded sales (last 12 months) — a Districts calculation.

See the full Karana Downs report →

Keep researching

  • Why Karana Downs? Read the area thesis →
  • What else is on the market in Karana Downs →
  • Other records on Illawong Way →

Listing material

Listed by Ray White Metrowest Residential

Acreage With Spectacular Views

Properties like this are a rare find and a fantastic investment. A flood-free family home on more than an acre of land overlooking a beautiful part of the Brisbane River. The huge shed also provides some amazing options and the themed "Man Cave" has to be seen to be believed!

Entry to the fully fenced property is via a remoted front gate. The four bedroom, brick and tile home has multiple entertaining areas both inside and out and takes full advantage of the amazing river views. The kitchen has Stone Benches, breakfast bar, gas cooktop, electric wall oven plus dishwasher. The kitchen is open plan with the family room where a fireplace is a very welcome winter feature. The home has reverse cycle air conditioners (recently updated), new carpets throughout and the fans have also been renewed. The master bedroom has both ensuite and walk-in robe whilst the other three bedrooms all have built-in robes.

The covered rear patio boasts a built in bar, television, fans as well as an outdoor fireplace overlooking both the lap pool and the magnificent river. The unspoilt surrounds encourage wonderful birdlife whilst the home is well clear of any possible flooding.

Read the full description

The shed is a HUGE drawcard for even the most demanding home handyman or hobbyist. It's insulated, powered and over two levels. The lower level has a generous amount of undercover storage whilst the upper level has a huge amount of secure storage/workshop space plus a themed, air conditioned, "Man Cave". The Man Cave can't fail to impress with room for sleepovers or the option of office space. The Man Cave opens to a concrete deck with more of the amazing river views and it's the perfect for after work barbecues or that afternoon ale with friends.

The property comes with valuable pumping rights for the river and adjoins parkland which will never be built on. Please note that powerlines also go through this general area. The Mount Crosby State School is about a kilometre away. Buses for numerous western suburbs high schools and colleges stop at the end of the street. The local convenience centre is around 2 kilometres whilst it's just a few minutes drive to both Coles and Woolworths. Karana Downs is only 35 minutes away from the Brisbane CBD and less than 15 minutes from the Ipswich CBD. The nearby Warrego Highway provides freeway access to the Gold and Sunshine Coasts, Amberley, Toowoomba as well as to Brisbane Airport. Numerous bush walks and leisure opportunities including the Brisbane River Golf are only minutes away. If you have questions, Ian Keenan has answers and you can call him at any time.

Listing description written by Ian Keenan, Ray White Metrowest Residential — 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.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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