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QLD › Thornlands › Korsman Dr

41 Korsman Dr, Thornlands QLD 4164

For saleRural Property for Sale

$3,250,000

For sale

Asking

5

Bedrooms

2

Bathrooms

2

Car spaces

5,403 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $3,250,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $3,250,000(Listing record · 14 May 2026)
  • FactLand 5,403 m²; no building size recorded.(Property record)
  • CalculationAsk is 153% above the Thornlands median recorded sale ($1,285,000, n=137, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Thornlands's advertised median rent ($723/wk), implied gross yield would be 1.16% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$3,250,000

Asking · $602/m² of land

No recorded sale for this property.

Thornlands at a glance

22,025

People

$1,285,000

Median sale

$723/wk

Median rent

2.93%

Suburb gross yield

Median sale from 137 recorded sales (last 12 months) — a Districts calculation.

See the full Thornlands report →

Vs Thornlands

+152.9%

Median sale

Suburb $1,285,000

-1.77 pp

Gross yield

Suburb 2.93%

Suburb median $1,285,000 from 137 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$3,250,000
Stamp Duty (Queensland)
$167,400
Transfer/Registration Fee
$14,542
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$3,435,642

$185,642 on top of the price (5.7% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Thornlands's advertised median rent — not a rent for this listing.

Net yield
-0.34%
Annual cashflow (pre-tax)
$-180,154
Interest cover (DSCR)
-0.07
Annual rent
$37,596
Operating expenses
$48,750
Loan amount
$2,600,000
Annual interest
$169,000
Gross yield
1.16%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$3,250,000available14 May 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 $723/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

Gross yield if leased at the suburb aggregate is 1.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Thornlands in one glance

Thornlands at a glance

22,025

People

$1,285,000

Median sale

$723/wk

Median rent

2.93%

Suburb gross yield

Median sale from 137 recorded sales (last 12 months) — a Districts calculation.

See the full Thornlands report →

Keep researching

  • Why Thornlands? Read the area thesis →
  • What else is on the market in Thornlands →
  • Other records on Korsman Dr →

Listing material

Listed by Freedom Property Central

Expansive Family Luxury on 5,403m² in Prime Thornlands Location

Positioned in a highly sought-after cul-de-sac in Thornlands, 41 Korsman Drive presents an expansive near-new luxury residence that truly stands apart. Set on a sprawling 5,403m² block, this impressive home offers the perfect blend of space, sophistication and lifestyle, making it an exceptional opportunity for larger families seeking both comfort and room to grow.

From the moment you arrive, the property´s scale and practicality are evident, featuring two sheds alongside a double remote garage with mudroom ideal for those needing extra storage, workspace or room for recreational vehicles. Step inside and you´re immediately welcomed by a sense of modern luxury, where natural light floods the interiors and guides you through to the heart of the home. The open-plan living, dining, and kitchen area seamlessly connects to the outdoor entertaining space, complete with a sparkling swimming pool and expansive backyard, creating the perfect setting for relaxed family living and entertaining alike.

The gourmet kitchen is a standout, boasting a spacious butler´s pantry and gas cooktop, designed to cater to both everyday living and hosting on a grand scale. Multiple living areas are thoughtfully positioned throughout the home, ensuring everyone has their own space without compromising on togetherness an ideal layout for larger families.

Read the full description

Accommodation is generous, with five spacious bedrooms plus a dedicated study, complemented by two beautifully appointed bathrooms and an additional powder room. The master suite is truly impressive in size, featuring a luxurious ensuite and an expansive walk-in robe, offering a private retreat for homeowners.

Combining privacy with convenience, this home enjoys an enviable location just moments from everything you need. Only a 5 minute drive brings you to Victoria Point Shopping Centre, home to major retailers, dining options, takeaway outlets, and a cinema. Families will appreciate the proximity to quality schools, with Sheldon College and Ormiston College only a short drive away and Carmel College, and Bayview State School within a short walk. For those who love the water, the stunning shoreline of Moreton Bay is just 10 minutes away, offering endless opportunities for recreation and relaxation.

*Opportunity to purchase the property fully or partially furnished, including a zero-turn ride-on mower, offering a truly walk-in ready lifestyle.*

*Freedom Property is committed to advertising in accordance with Queensland legislation and Office of Fair Trading guidelines. Advertised pricing is authorised by the seller and verified against the current Form 6 Appointment to Act. All information is believed to be accurate at the time of publication; however, prospective buyers should make their own enquiries. Images may have been digitally enhanced for marketing purposes, and where required by law, prescribed seller disclosure documents will be provided prior to the execution of a contract.*

- Ideal opportunity in a great location

- Gourmet kitchen with butler´s pantry & gas cooktop

- Outdoor entertaining area with swimming pool

- Huge Master with ensuite and luxury walk in robe

- Two sheds plus double remote garage & mudroom

- Large laundry plus extensive storage

- Location just minutes to shops, schools and dining

Call to inspect with Josh & Jake Sherwood today!

Listing description written by Josh Sherwood, Freedom Property Central — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Ensuites: 1
  • Outdoor Entertaining
  • In-Ground Pool
  • Shed
  • 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.