Booval at a glance
2,904
People
$840,000
Median sale
$503/wk
Median rent
3.11%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
QLD › Booval › Railway St
For sale
For sale
4
Bedrooms
2
Bathrooms
4
Car spaces
1,008 m²
Land
Districts View
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
Asking
No recorded sale price for this property yet.
Booval at a glance
2,904
People
$840,000
Median sale
$503/wk
Median rent
3.11%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
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 $503/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
Booval at a glance
2,904
People
$840,000
Median sale
$503/wk
Median rent
3.11%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX On PointPositioned on a generous 1,008m² allotment, this is a rare dual-income opportunity in a convenient location, offering immediate holding income, value-add potential and potential future development upside.
Comprising two x two-bedroom, one-bathroom timber workers' cottages configured as two flats, the property provides excellent flexibility. One cottage is currently tenanted at $350 per week, while the second is vacant and was previously leased at $360 per week, providing a potential combined rental return of $710 per week. The layout also offers the opportunity to occupy one residence while leasing the other.
The cottages are in original, well-worn condition and present an excellent opportunity for buyers looking to renovate, improve or simply retain as holding income while planning for the future. With a history of consistent occupancy and strong tenant demand, the property has demonstrated its investment appeal in a sought-after rental location.
Each cottage features a functional layout with high ceilings, separate kitchens, living areas, bathrooms and private outdoor areas. A shared laundry is located at the rear of the property. A single lock-up garage and ample off-street parking add to the property's practicality.
Positioned towards the front of the allotment, the existing dwellings leave a substantial expanse of land at the rear, the site offers potential for future redevelopment or additional dwellings, subject to the appropriate council approvals.
Conveniently located within walking distance of Booval Train Station, bus services and Booval Fair Shopping Centre, the property is also close to Ipswich Girls' Grammar School, other quality schools and the Ipswich CBD. Brisbane is less than 40 minutes away, making this an attractive location for investors, future owner-occupiers and developers alike.
Property Features:
* 1,008m² allotment
* Two x two-bedroom, one-bathroom timber workers' cottages configured as two flats
* One cottage currently leased at $350 per week
* One cottage now vacant, previously achieving $360 per week
* Potential combined rental return of $710 per week
* Original, well-worn, cottages with renovation or value-add potential
* Separate kitchens, living areas and bathrooms
* Private backyards
* Shared laundry at the rear
* Single lock-up garage plus additional off-street parking
* Dwellings positioned at the front of the block, leaving a substantial rear landholding
* Opportunity to live in one residence while renting the other
Whether you're seeking immediate rental income, a value-add renovation project, a strategic landholding or a site with exciting future development potential, this versatile property offers outstanding flexibility. Opportunities combining dual-income potential, and generous land size are becoming increasingly difficult to find.
For more information, contact Lea-Anne Rossiter on 0408 393 779.
Disclaimer: Please note that some of these images have been digitally styled to showcase the potential of the property, providing a glimpse into how it could look when furnished. We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Listing description written by Lea-Anne Rossiter, RE/MAX On Point — reproduced as published, not verified by Districts.