Kensington Grove at a glance
2,706
People
$1,122,500
Median sale
$588/wk
Median rent
2.72%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
QLD › Kensington Grove › Richwood Ct
$950,000
For sale
Asking
4
Bedrooms
2
Bathrooms
10
Car spaces
10,117.141 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
Asking
$950,000
Asking · $94/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Kensington Grove (last 5 years) with land size have a median of $162/m² of land (n=89). Districts calculation from recorded sales — not a valuation.
Kensington Grove at a glance
2,706
People
$1,122,500
Median sale
$588/wk
Median rent
2.72%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Vs Kensington Grove
-15.4%
Median sale
Suburb $1,122,500
+0.50 pp
Gross yield
Suburb 2.72%
Suburb median $1,122,500 from 26 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$43,308 on top of the price (4.6% extra)
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.
Pre-filled with Kensington Grove's advertised median rent — not a rent for this listing.
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.
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 $588/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.
Gross yield if leased at the suburb aggregate is 3.2%. 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
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
Kensington Grove at a glance
2,706
People
$1,122,500
Median sale
$588/wk
Median rent
2.72%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by MOD REALTYTenant vacates 16th August - property now to be sold vacant!
This is hot property and now available to own. Do not miss the advertised inspections, or you will miss out.
Escape to your own private sanctuary with this rare and versatile 2.5-acre lifestyle property, perfectly designed for extended families, home-based business operators, hobby farmers, or those simply seeking space, peace and privacy without sacrificing convenience.
The beautifully renovated Queenslander is packed with character and modern comforts, featuring three generous bedrooms plus a dedicated office, spacious open-plan living areas, soaring 3-metre ceilings, ceiling fans and air-conditioning throughout. The luxurious master suite boasts his-and-hers walk-in robes, while the ultra-modern bathroom and chef's kitchen create a true centerpiece of the home. Complete with gas cooking, a stunning window splashback overlooking the private acreage, and a full-sized walk-in pantry, this kitchen is designed to impress. Front and rear entertaining decks provide the perfect spaces to relax and enjoy the tranquil surroundings.
**This property is currently rented at $750 per week. Inspections are held Fridays only. The Friday open time will be advertised weekly**
Ideal for multi-generational living or guest accommodation, the fully self-contained granny flat offers a spacious master bedroom, air-conditioning, stylish bathroom and modern kitchen, ensuring complete independence and comfort.
Adding even more versatility, the third dwelling was purpose-built as a home-based business office and presents endless possibilities as a teenager's retreat, studio, workshop or consulting space. A massive fly-over roof provides accommodation for large trucks, caravans, machinery or additional vehicles.
Infrastructure is second to none, including a powered 12m x 6m shed, four-car carport, additional parking beneath the main residence, and the potential to create further living space under the home.
For outdoor enthusiasts, the property features a fenced horse paddock, dedicated dirt bike track, beautifully landscaped grounds, a firepit entertaining area, playground and secure fencing for pets. Water security is assured with town trickle-feed water and power, plus 50,000 litres of filtered rainwater servicing the main home and a separate 19,000-litre tank servicing the granny flat.
Complete with NBN connectivity and located in a peaceful, secluded setting just minutes from schools, shops and the rapidly growing Plainlands precinct, this exceptional property offers the ultimate combination of lifestyle, flexibility and future potential.
Current rental is $750 per week. Lease End: 15/04/2027.
Quarterly rates: $1,465.64 Half Yearly
Urban Utilities: $118.48 Per Quarter
Property Features:
• 2.5 private acres/ 10,000m2
• Fully renovated Queenslander with 3 bedrooms + office
• His-and-hers walk-in robes to master suite
• Designer kitchen with gas cooking and walk-in pantry
• Front and rear entertaining decks
• Fully self-contained modern granny flat
• Separate business premises/teenager retreat/studio
• Massive truck-height fly-over roof
• Powered 12m x 6m shed
• Four-car carport plus additional parking
• Potential to build in under the home
• Fenced horse yard and dirt bike track
• Landscaped grounds with firepit and playground
• NBN connected
• Town trickle-feed water and power
• 50,000L filtered rainwater tank plus separate 19,000L tank
• Minutes to schools, shopping and Plainlands
Properties offering this level of versatility, privacy and infrastructure are exceptionally rare. Inspection is a must to fully appreciate everything on offer.
Disclaimer:
MOD Realty has obtained this information from sources believed to be reliable; however, we do not guarantee its accuracy. Prospective purchasers are encouraged to conduct their own enquiries and independent investigations to satisfy themselves as to the accuracy of the information provided.
These images have been digitally enhanced for illustrative purposes.
Listing description written by Craig Mendoza, MOD REALTY — reproduced as published, not verified by Districts.
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