Annerley at a glance
13,103
People
$1,535,000
Median sale
$646/wk
Median rent
2.19%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
13
Bedrooms
11
Bathrooms
14
Car spaces
1,012 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 Block of Units sales in Annerley (last 5 years) with land size have a median of $2,338/m² of land (n=4). Districts calculation from recorded sales — not a valuation.
Annerley at a glance
13,103
People
$1,535,000
Median sale
$646/wk
Median rent
2.19%
Suburb gross yield
Median sale from 26 recorded sales (last 12 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 $646/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
Annerley at a glance
13,103
People
$1,535,000
Median sale
$646/wk
Median rent
2.19%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White New FarmA unique long-term substantial land holding generating high returns and landbank opportunities, this 11-unit complex forms an excellent investment on 1,012sqm close to transport and the CBD.
Currently returning circa $200,000 per annum on conservative rents, your new investment will continue generating strong returns in its current condition, or buyers can increase their income by performing minor cosmetic renovations, with potential to boost market rents at circa $220,000 per annum.
With added options to strata title, sell off the units individually, or redevelop the site (STCA), this holding offers endless possibilities for value increase now and in the future.
The 11-unit configuration features 1x studio, 8x 1 bedroom and 2x 2 bedroom apartments, each with comfortable living, a functional kitchen, a balcony, a bathroom, and carport parking. The elevated position harnesses city views from some units and scenic outlooks over the suburbs.
Maximising your investment, this location offers convenience just 14 minutes from the CBD. Popular cafes, restaurants, takeaways, Friendly Grocer, a medical practice and local stores are less than 150m away, and the property features immediate access to bus stops and Ipswich Road for easy travel.
Yeronga Memorial Park is only 150m from the building, offering picturesque recreation space with sporting clubs, playgrounds and the local pool. Premier education facilities are also nearby, with Edge Early Learning, Mary Immaculate and Our Lady's College 500m away, and children are in the Yeronga State School and Yeronga State High School catchments.
Property features include:
- 11-unit complex positioned on a 1,012sqm allotment
- Total 13 bedrooms, 11 bathrooms, 14 car spaces
- 1x studio, 8x 1 bedroom, 2x 2 bedroom units
- Elevated position with city views from some units
- Current Returning Income of circa $200,000 on conservative rents
- Immediate Upside Potential of estimated market rents at circa $220,000 per annum
- Potential to increase rental income further with minor refurbishments and minor cosmetic renovations
- Ideal holding investment or potential to strata title and sell off individually
- Added potential to redevelop the site (STCA)
- Landlord takes care of insurance direct
- Walking distance to transport, shops, dining and Yeronga Memorial Park
To obtain an Information Memorandum, please contact Harry Kiss on 0422 188 616.
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Some images in this listing have been virtually staged to illustrate potential furniture placement and décor options. These images are for illustrative purposes only, and actual furnishings are not included with the property. Prospective buyers should verify property details during their viewing.
Listing description written by Harry Kiss, Ray White New Farm — 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.