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QLD › Albion › Grove St

50 Grove St, Albion QLD 4010

House

$1,300,000

Last sold

8 Aug 2025

3

Bedrooms

2

Bathrooms

1

Car spaces

405 m²

Land

93 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,300,000 (8 Aug 2025).(Recorded sale)
  • CalculationLand 405 m² against a 93 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Albion (last 5 years) with land size: median $3,358/m² of land (n=14). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$1,300,000

8 Aug 2025 · derived via latest_sale

Local land rate: recorded House sales in Albion (last 5 years) with land size have a median of $3,358/m² of land (n=14). Districts calculation from recorded sales — not a valuation.

Albion at a glance

4,085

People

$1,455,000

Median sale

$702/wk

Median rent

2.51%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Albion report →

Vs Albion

-10.7%

Median sale

Suburb $1,455,000

+0.30 pp

Gross yield

Suburb 2.51%

Suburb median $1,455,000 from 10 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$1,300,0008 Aug 2025
  2. Listedprice unknowncompleted28 July 2025
  3. Soldprice unknown13 Mar 2021
  4. Listedprice unknowncompleted16 Feb 2021

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 $702/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

Albion in one glance

Albion at a glance

4,085

People

$1,455,000

Median sale

$702/wk

Median rent

2.51%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Albion report →

Keep researching

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

Listing material

Listed by Ray White Ascot

An unmissable opportunity to secure a beautiful cottage

This is the one!! An unmissable opportunity to secure this beautiful cottage positioned just a few kms from the City. The owners have just completed a renovation making it the ideal property for a young couple or buyer wanting to get into the housing market in such a tightly held location.

Features Include:

* High ceilings, Polished floorboards throughout

Read the full description

* Spacious bedrooms - two with built in wardrobes and ceiling fans

* Freshly Painted

* Brand new kitchen with quality appliances

* Level 405m2 block within walking distance to amenities

This is a great piece of real estate in an unbeatable location. Within a few minutes stroll to Albion Village and train station, this stunning fully renovated low set cottage is as cute as a button. This charming home will impress you from the minute you arrive. Preserving it's character charm from the exterior, this home has fantastic street appeal. Sit on the sunny, north facing veranda and watch the world go by via gorgeous timber balustrades and leafy views.

Internally, the large open plan living and dining connects through to the brand new kitchen at the rear of the home, featuring stone benchtops, feature tile splashbacks and quality Siemens appliances. Split system air conditioning keeps the home comfortable on those occasions when the excellent cross-ventilation is not enough.

The living, dining and kitchen are further complemented by a large deck to the rear, accessed via beautiful bi-fold doors, creating a single expansive open living area and providing visual connection through to the low maintenance rear garden. Three large bedrooms feature plenty of storage options, with floor to ceiling built in's in two of the bedrooms and refurbished windows throughout the home.

Aspirational purchasers will comprehend the potential presented here as there is obvious scope for an installation of a swimming pool. Although there is nothing to do but move in, the home still offers the opportunity to add value in the future. Side access is another great feature with under cover car accommodation and ease of access to the backyard. Albion Village and the train station are undergoing multi-million dollar upgrades, making capital growth in this position a guarantee. INSPECT THIS WEEKEND!!

Listing description written by Nick Kouparitsas, Ray White Ascot — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
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.