Herston at a glance
2,909
People
$1,350,000
Median sale
$628/wk
Median rent
2.42%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
QLD › Herston › Aberleigh Rd
4
Bedrooms
1
Bathrooms
2
Car spaces
455 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Herston (last 5 years) with land size have a median of $2,943/m² of land (n=18). Districts calculation from recorded sales — not a valuation.
Herston at a glance
2,909
People
$1,350,000
Median sale
$628/wk
Median rent
2.42%
Suburb gross yield
Median sale from 9 recorded sales (last 24 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 $628/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
Herston at a glance
2,909
People
$1,350,000
Median sale
$628/wk
Median rent
2.42%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Ray White Mt GravattAFTER ALMOST 15 YEARS OF OWNERSHIP THE CURRENT OWNER HAS A CHANGE IN CIRCUMSTANCES AND NOW MUST SELL THIS FANTASTIC OPPORTUNITY, A WELL PRESENTED CHARACTER HOME MINUTES FROM THE CBD WITH SCOPE TO MAKE IT MORE - THIS OPPORTUNITY WILL NOT LAST!
Auction via In-Room and Online - 04/05/2023 from 6:00pm, if not sold prior.
Auction Location - Mount Gravatt Bowls Club - 1873 Logan Rd, Upper Mount Gravatt
Registrations start from 5:30pm.
(Phone & Online Registrations must be completed by 3:00pm on Auction Day)
Located in the bustling central neighborhood of Herston and under 10 minutes to Brisbane CBD, sits this character property built in 1920's that offers incredible upside potential to an astute purchaser ready to act. The classically designed, four bedroomed home, has genuine charisma ripe for revealing and it boasts a prime corner position of 455sqm in this city-fringe suburb.
The block has fencing to front and sides for privacy and a trendy timber & render look for reduced maintenance. Classic features found throughout the home such as high ceilings, timber flooring, sunroom and casement windows will appeal. The home is currently in good condition and is very rentable, move-in ready but leaves scope to transform into a luxurious inner city oasis. There's also the option to develop the underneath of the house or raising to create an entire additional level of living or self-contained space.
Being within walking distance to numerous employment nodes like Royal Brisbane Hospital and QUT Kelvin Grove campus makes this a practical choice as a top earning rental investment. The layout would appeal to students, couples or sharers or a family wanting to live in this vibrant area. The home is a short walk to Victoria Park, is close to bus stops and is near to main arterial roads to access inner-city Bypass/A7 for airport or A3/M3 for northern suburbs and coastal destinations beyond. Other amenities include ample shopping centers, parks, schools and childcare services.
The layout comprises of a traditional set up with:
• Four large, bright and airy bedrooms
• Tidy central bathroom with separate toilet
• Raked ceiling to well-ventilated sunroom
• Generous main lounge with pendant lights
• Neatly equipped kitchen with volumes of cabinetry
• Stainless steel appliances with gas stove
• Back paved patio area with mature gardens
• Corner 455m2 fenced and secure block
• Double carport accessible from side of house
• Big and high storage area under house
• Concrete and steel building supports for reduced maintenance
• Off- street parking for 3 cars
Weekly rent is currently $650 until november but could attract up to $750 upward per week and there's no shortage of tenants looking for attractive accommodation in this area. Alternatively move in and plan your upgrade or renovation project and get set to profit in future as property in this area is always in high demand.
A must see for serious buyers ready to act and put their best offer forward for vendor consideration.
Listing description written by Grant Boman, Ray White Mt Gravatt — reproduced as published, not verified by Districts.