Corinda at a glance
5,933
People
$1,540,000
Median sale
$676/wk
Median rent
2.28%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
$1,200,000
Last sold
1 Feb 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
607 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
Last sold
$1,200,000
1 Feb 2024 · derived via latest_sale
Local land rate: recorded House sales in Corinda (last 5 years) with land size have a median of $2,471/m² of land (n=45). Districts calculation from recorded sales — not a valuation.
Corinda at a glance
5,933
People
$1,540,000
Median sale
$676/wk
Median rent
2.28%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Corinda
-22.1%
Median sale
Suburb $1,540,000
+0.65 pp
Gross yield
Suburb 2.28%
Suburb median $1,540,000 from 18 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $676/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
Corinda at a glance
5,933
People
$1,540,000
Median sale
$676/wk
Median rent
2.28%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White West EndIn-Rooms Auction
Location: 5/156 Boundary St, West End
Thursday 1st February January 2024 @ 11am
ALL OFFERS ENCOURAGED PRIOR TO AUCTION.
Located on one of Corinda's finest tree-lined streets, steps to Corinda village and 200m walk to Corinda train station, this charming home is a rare single level opportunity and prime real estate investment. Sensitively updated with a stylish new kitchen and 2 bathrooms, this address offers a highly sought-after lifestyle of convenience, plus a family friendly atmosphere.
This is your chance to secure a highly desirable property situated on a sizeable 607m2 block in Nelson Street. It's a sale not to be missed.
Inside the home you are welcomed by a desirable open plan layout with a spacious formal dining area and contemporary kitchen. The kitchen has been enhanced with sleek benchtops and cabinetry, gas cooktop, double oven and a feature splashback. Down the hallway is a generous living area with sliding glass doors that transition to the backyard and rear deck. You will love soaking up the sun and entertaining friends and family outside, while the children will enjoy playing within eyesight.
Completing the home's layout is a bedroom with a walk-in robe that opens to an en-suite with shower over bath, WITH an additional three bedrooms and second modern bathroom.
Options:
- Move-in & Enjoy the recently refreshed single level home on 607sqm
- Invest & Landbank in Prime Corinda location
- You might carry out future redevelopment of the Approved 7 apartments
The options are endless. Act now to secure this rare find!
Positioned just 7km from the CBD and within walking distance to Ambiwerra sports grounds, this home has a location to be envied! You are moments away from Corinda State High School, St Aidan's Anglican Girls' School and Saint Joseph's Catholic Primary School. Coles and Sherwood RSL are within walking distance. Dunlop Pool, Oxley Driving Range and other great lifestyle amenities are a short drive away.
Enquire for more information on the Development approvals or to inspect!
Listing description written by Michael Nolan, Ray White West End — reproduced as published, not verified by Districts.