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QLD › Nundah › Collins St

5/51 Collins St, Nundah QLD 4012

For saleUnit

$8,750,002

For sale

Asking

2

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $8,750,002 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $8,750,002(Listing record · 1 July 2026)
  • CalculationAsk is 477% above the Nundah median recorded sale ($1,516,250, n=34, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Nundah's advertised median rent ($687/wk), implied gross yield would be 0.41% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

The ask against the evidence

Asking

$8,750,002

Asking

No recorded sale for this property.

Nundah at a glance

14,657

People

$1,516,250

Median sale

$687/wk

Median rent

2.36%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Nundah report →

Vs Nundah

+477.1%

Median sale

Suburb $1,516,250

-1.95 pp

Gross yield

Suburb 2.36%

Suburb median $1,516,250 from 34 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$8,750,002
Stamp Duty (Queensland)
$483,650
Transfer/Registration Fee
$40,197
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$9,277,549

$527,547 on top of the price (6.0% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Nundah's advertised median rent — not a rent for this listing.

Net yield
-1.09%
Annual cashflow (pre-tax)
$-550,526
Interest cover (DSCR)
-0.21
Annual rent
$35,724
Operating expenses
$131,250
Loan amount
$7,000,002
Annual interest
$455,000
Gross yield
0.41%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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

  1. Listed$8,750,002available1 July 2026

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 $687/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

Gross yield if leased at the suburb aggregate is 0.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Nundah in one glance

Nundah at a glance

14,657

People

$1,516,250

Median sale

$687/wk

Median rent

2.36%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Nundah report →

Keep researching

  • Why Nundah? Read the area thesis →
  • What else is on the market in Nundah →
  • Other records on Collins St →

Listing material

Listed by Worth Real Estate

Space, Style & Lifestyle Appeal

Positioned on the elevated side of one of Nundah's best pockets, this top-floor apartment offers something that's becoming increasingly difficult to find. At 135 sqm, the proportions are more generous than those of most two-bedroom apartments, while its end position allows natural light and cross-ventilation from multiple aspects. The oversized entertaining balcony extends the living space well beyond what you'd typically expect, creating an outdoor area that's equally suited to entertaining or simply enjoying Brisbane's climate.

Inside, the layout is open, functional and well resolved. The kitchen sits at the centre of the home, with generous bench space, excellent storage, and a direct connection to both the living area and the balcony. Both bedrooms are well-proportioned, with built-in wardrobes and plenty of natural light, while the king-sized main bedroom enjoys triple robes, direct balcony access, air-conditioning, and its own ensuite.

Whether you're looking for your first home, downsizing from a larger property, or adding to your investment portfolio, this apartment stands out for its scale, layout, and position.

Read the full description

Features

Spacious 135sqm top-floor apartment

Brand New Paint throughout and Luxurious Carpet

End position providing excellent natural light and cross ventilation

South Facing oversized entertaining balcony

Two bedrooms with built-in wardrobes

Main bedroom with ensuite, air-conditioning and direct balcony access

Open plan living and dining

Kitchen with generous bench space and excellent storage

Air-conditioned living area

Ceiling fans throughout

Secure Remote double lock-up garage

Current Rental Appraisal $700 to $725 per week

Outgoings:

Administration Fund: $752.47 per quarter (reducing in 2027)

Sinking Fund: $217.92 per quarter (reducing in 2027)

Sinking Fund Balance $25,210.39

Brisbane City Council Rates: $548.82 per quarter (most recent notice)

Urban Utilities Water: $309.71 per quarter (most recent notice)

Set within walking distance of Nundah Village, you'll enjoy one of Brisbane's most connected inner-north locations. Cafes, restaurants, supermarkets and specialty retail are all close by, while Kalinga Park provides hectares of open green space, walking paths and sporting facilities just moments from your door. Rail, Airport Link, and major arterial roads put the CBD, Brisbane Airport, and the wider northside within easy reach.

Location:

Nundah Village Shopping Precinct: Approximately 700 metres (a 9-minute walk), where you'll find your local supermarkets, pubs, cafes, and restaurants!

Kalinga Park: approximately 100 metres (a 2-minute walk) to parkland and sports ovals.

Toombul Train Station: approximately 300 metres (a 4-minute walk) connecting you with the city.

Brisbane Airport: Approximately 7 kilometres (a 10-minute drive)

Positioned in a highly sought-after lifestyle enclave, this exceptional residence places every convenience at your doorstep. Apartments with this combination of size, outdoor space and position are becoming increasingly uncommon. We welcome your inspection and look forward to showing you through.

Contact Peter or Sarinne today to arrange your viewing.

DISCLAIMER: While every care is taken in the preparation of the information contained in this listing, no warranty is given with respect to accuracy. The material is a summary only and is not intended to be or should be relied upon as a substitute for inspection or obtaining professional advice. All information is considered correct at the time of printing.

Listing description written by Peter Illingworth, Worth Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Living Areas: 2
  • Outdoor Entertaining
  • Remote Garage
  • Reverse Cycle Aircon
  • Secure Parking
  • Toilets: 2
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.