Wavell Heights at a glance
11,245
People
$1,570,000
Median sale
$656/wk
Median rent
2.17%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
QLD › Wavell Heights › Highcrest Ave
$3,500,000
Last sold
1 July 2025
2
Bedrooms
1
Bathrooms
2
Car spaces
1,220 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
$3,500,000
1 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Wavell Heights (last 5 years) with land size have a median of $2,481/m² of land (n=141). Districts calculation from recorded sales — not a valuation.
Wavell Heights at a glance
11,245
People
$1,570,000
Median sale
$656/wk
Median rent
2.17%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Vs Wavell Heights
+122.9%
Median sale
Suburb $1,570,000
-1.20 pp
Gross yield
Suburb 2.17%
Suburb median $1,570,000 from 75 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 $656/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
UnknownArea
Wavell Heights at a glance
11,245
People
$1,570,000
Median sale
$656/wk
Median rent
2.17%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Queensland Sotheby's International Realty BrisbaneSteeped in timeless character and subtle grandeur, this beautifully maintained residence sits atop a rare 1,220m² double block in a tightly held enclave, offering an extraordinary opportunity for visionary buyers. With an elevated position and potential for city views from a future second-storey build, the site is ideal for crafting a dream home or a multi-residence development (STCA). Whether you're seeking a unique renovation project or the perfect parcel to build a new, this property promises location, scale, and limitless potential.
The current residence, rich in architectural charm, provides a functional footprint while inviting scope for reinvention. Traditional details such as a stone fireplace, ornate cornices, and polished hardwood floors hint at the home's legacy, while multiple outdoor spaces provide generous room to extend or redesign. A large kitchen with copper accents and west-facing windows enjoys garden views, and multiple living zones create flexibility for staging or living while planning your next move.
With three covered alfresco areas, secure garage and carport parking, and a peaceful, established setting, this double block is ready to accommodate a luxury new build or potential subdivision. Its generous proportions and wide frontage allow for excellent design freedom, all within a highly sought-after Brisbane pocket.
Located in a prestigious, tightly held neighbourhood, this address combines lifestyle with opportunity-close to excellent schools, parks, and major shopping and transport hubs. Whether held as an investment, reimagined as a landmark residence, or transformed into multiple dwellings (STCA), this rare landholding presents boundless possibilities. Arrange your inspection today.
Property Specifications:
• 1,220m² rare double block with wide frontage and future development potential (STCA)
• Elevated position offering potential for second-storey city views
• Original residence with stone fireplace, ornate cornices, and hardwood floors
• Multiple outdoor entertaining areas, including three covered patios
• Functional kitchen with copper detailing, St. George appliances, and west-facing windows
• Large living and dining areas, plus a 1990s rear extension with marble-tiled flooring
• Master suite with polished floors, inset screens, marble-tiled ensuite, and external shutters
• Second bedroom with outdoor access, shutters, and carpet over hardwood flooring
• Enclosed garage, covered carport, aluminium garden shed, and separate laundry with external access
• Located in a prestigious neighbourhood close to leading schools, parks, and amenities
Listing description written by Tyson Clarke, Queensland Sotheby's International Realty Brisbane — reproduced as published, not verified by Districts.
Nearby 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.