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QLD › Corinda › Nelson St

5 Nelson St, Corinda QLD 4075

House

$1,550,000

Last sold

28 Feb 2024

2

Bedrooms

1

Bathrooms

6

Car spaces

810 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,550,000 (28 Feb 2024).(Recorded sale)
  • FactLand 810 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Corinda (last 5 years) with land size: median $2,471/m² of land (n=45). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,550,000

28 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.

See the full Corinda report →

Vs Corinda

+0.6%

Median sale

Suburb $1,540,000

-0.01 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 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. Sold$1,550,00028 Feb 2024
  2. Listedprice unknowncompleted31 Jan 2024

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 $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.

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

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

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

Corinda in one glance

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.

See the full Corinda report →

Keep researching

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

Listing material

Listed by Sixty Four Property

FLOOD FREE SITE ZONED DISTRICT CENTRE 2

This property/site offers a plethora of options to the astute buyer who loves upside and a flood free property. Zoned DC2, you have the option of developing up to 5 stories/levels + basement car parking on this prime development land 12 kilometer's to Brisbane CBD. The Olympic city in 2032, Brisbane is on everyone's lips as a fantastic city to invest in big or small.

Being so close to transport opens the floodgates to a NDIS development. Right now, this may just be it's highest and best use, however it's your call in what you want to do. Close by are well developed Medical/Specialist Centers including the Corinda Family Medical Centre. This facility would coincide well with an NDIS development.

Your options can be a child care center, aged care facility, commercial or residential development, residential home, a splitter block (as the block is on 2 subdivisions) and or a mixed use development.

Read the full description

* 20.1m frontage by 40.9m depth

* L127-128 RP29559

The current home is a beautiful and very much livable Queenslander suited to a home buyer or rental investment with all the features we love about them, including, 6 inch hoop pine flooring, fret work, leadlight, gable and VJ's just to name a few. The house can be removed from the land.

Corinda is one of Brisbane’s most popular river suburbs, bound on its western edge by the Graceville/Sherwood part of the Brisbane River. The suburb is popular with families, large older-style homes and a quiet, leafy atmosphere. Parts of Corinda boast a scenic hilly area with views of Mt Cootha and the city skyline.

With its own disabled friendly railway station, Corinda’s residents have easy access to all of greater Brisbane via the Ipswich line, Redcliffe Train, Caboolture train, Brisbane train, PA hospital train and Springfield Line as Corinda Station is a major connecting station. Residents also have easy access to Indooroopilly Shopping Centre and the University of Queensland.

There is a thriving small business and commercial center on the eastern side of the railway line, including a Coles Supermarket in Corinda Village. There are also many local shops and cafes, a Tavern, post office and various medical professionals. The suburb has quite a few churches, two primary schools along with the popular St Aidan’s Anglican Girls School, sporting fields, golf driving range, a public swimming pool, boat club and many beautiful parks.

Best offers by 27 February 2024

For your private viewing please contact Ivo on 0412 301 439

Listing description written by Ivo Kornel, Sixty Four Property — reproduced as published, not verified by Districts.

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.