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QLD › Kensington Grove › Challenge Ave

43 Challenge Ave, Kensington Grove QLD 4341

House

$825,000

Last sold

4 Aug 2023

4

Bedrooms

3

Bathrooms

8

Car spaces

15,000 m²

Land

428 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 $825,000 (4 Aug 2023).(Recorded sale)
  • CalculationLand 15,000 m² against a 428 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Kensington Grove (last 5 years) with land size: median $162/m² of land (n=88). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$825,000

4 Aug 2023 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Local land rate: recorded House sales in Kensington Grove (last 5 years) with land size have a median of $162/m² of land (n=88). Districts calculation from recorded sales — not a valuation.

Kensington Grove at a glance

2,706

People

$1,122,500

Median sale

$588/wk

Median rent

2.72%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Kensington Grove report →

Vs Kensington Grove

-26.5%

Median sale

Suburb $1,122,500

+0.99 pp

Gross yield

Suburb 2.72%

Suburb median $1,122,500 from 26 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

202020212023$445k$825k
  • Sold (recorded)
  1. Sold$825,0004 Aug 2023
  2. Listedprice unknowncompleted26 June 2023
  3. Sold$445,00020 Jan 2020
  4. Listedprice unknowncompleted1 Oct 2019

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 $588/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

Kensington Grove in one glance

Kensington Grove at a glance

2,706

People

$1,122,500

Median sale

$588/wk

Median rent

2.72%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Kensington Grove report →

Keep researching

  • Why Kensington Grove? Read the area thesis →
  • What else is on the market in Kensington Grove →
  • Other records on Challenge Ave →

Listing material

Listed by NGU Real Estate Ripley

ANOTHER ONE SOLD BY STEVE ATHANATES - RESULTS SPEAK LOUDER THAN WORDS

Situated on 3.75 acres (14,980m2) is this gorgeous fully air-conditioned executive family home which is the perfect mix of country living with all the modern conveniences of being close to school and shops and yes you can bring your horse as there is two dams, tank and town water!

This home is not only stunning but it's also huge at 428m2 (under roof) or 46 Squares of luxury living and has three modern bathrooms including two (2) ensuited bedrooms. The home already has a fully powered 9 metre x 6 metre shed with an adjoining 9 metre x 6 metre carport giving you parking for up to eight cars and there is still loads of space to build more sheds and park the biggest boat or caravan.

Because you have a fully fenced 3.75 acre block with two large dams you can bring your horse/s, have a couple of cows or a herd of goats.

Read the full description

The existing colonial style home is absolutely stunning with massive wide wrap around decks, timber parquetry floors, incredible ten foot ceilings and modern timber joinery windows and French doors.

At the heart of its layout is the huge and gorgeous family sized kitchen which offers loads of bench and cupboard space, a dishwasher and top of the range 'Belling' dual fuel 900mm upright oven and cook top plus new aluminium bi-fold windows out onto the huge covered rear deck. This amazing kitchen is positioned between the meals and dining room which also has large modern bi-fold doors out onto amazing rear deck.

The home has a massive fully air-conditioned open plan lounge room with 10 foot ceilings, its own wood heater, central fan cooling system and two sets of timber French doors out onto the majestic front and side decks.

This home has all your family covered with four huge bedrooms, two with ensuites and all of the bedrooms have split system air-conditioning and additional living space including playroom space or a dressing area to the master bedroom.

The master bedroom is at the front of the home for maximum privacy and has his and her built-in robes, a large and stylish ensuite with double vanity and two separate sets of French doors out onto the front and private side deck of the home.

For those who love working from home, there is plenty of space on the upper level of the home where you could set up a desk with views out over the tranquil grounds.

The park like surrounds of the property in conjunction with the awesome 6.6 metre long x 5.2 metre wide covered rear deck, the expansive wrap around decks and the fire pit area all capture the feeling of total relaxation with its large trees full of wildlife creating an adventure of learning for your children.

Other features of the property include open back yard, separate laundry, landscaped gardens, 6 x spit system air-conditioning, solar panels, two dams, two tanks plus trickle feed town water and so close to schools and shopping centre and easy access to the highway makes this the perfect family property.

Lockyer Regional Council Rates: $1,119 per half year (subject to change)

Water Charges: $60 per quarter plus consumption (subject to change)

If you have always wanted a large, beautifully presented and feature packed family home with nothing to do that is located on a totally useable 3.75 acre property then you must inspect this spectacular family home before it is gone!

Most importantly, this stunning family home which has been priced to sell quickly at offers over $775,000.

Listing Agent: Steve Athanates

Call me for an exclusive private viewing. Don't be disappointed – I'm waiting for your call.

NGU Real Estate Ipswich - with Offices at Brassall, Ripley, Karalee, Greater Springfield and Toowoomba – Our Five (5) Great Locations Means We've got Ipswich and its Surrounds Covered!

Results Speak Louder Than Words

Disclaimer:

NGU Real Estate Ipswich has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.

Listing description written by Steve Athanates, NGU Real Estate Ripley — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ensuites: 2
  • Floorboards
  • Fully Fenced
  • Living Areas: 1
  • Outdoor Entertaining
  • Remote Garage
  • Reverse Cycle Aircon
  • Secure Parking
  • Shed
  • Solar Panels
  • Toilets: 3
  • Water Tank
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.