Park Avenue at a glance
5,538
People
$580,000
Median sale
$479/wk
Median rent
4.29%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
QLD › Park Avenue › Sheehy St
$705,000
Last sold
6 Jan 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
623 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
$705,000
6 Jan 2026 · derived via latest_sale
Local land rate: recorded House sales in Park Avenue (last 5 years) with land size have a median of $692/m² of land (n=116). Districts calculation from recorded sales — not a valuation.
Park Avenue at a glance
5,538
People
$580,000
Median sale
$479/wk
Median rent
4.29%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
Vs Park Avenue
+21.6%
Median sale
Suburb $580,000
-0.76 pp
Gross yield
Suburb 4.29%
Suburb median $580,000 from 66 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $479/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
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
Park Avenue at a glance
5,538
People
$580,000
Median sale
$479/wk
Median rent
4.29%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White YeppoonWelcome to 51 Sheehy Street, Park Avenue-a charming, renovated low-set cottage offering the perfect blend of character, comfort, and modern convenience. Set on a fully fenced 623m² block, this delightful property is ideal for first-home buyers, downsizers, families, or investors seeking a move-in-ready home in a central, well-established suburb.
Inside, the home has been thoughtfully updated while retaining its inviting cottage charm. Featuring three bedrooms and two modern bathrooms, it offers a practical and comfortable layout for everyday living. The open-plan living and dining area creates a warm, relaxed atmosphere, with natural light and a fresh, contemporary feel throughout. The updated kitchen provides excellent storage and functionality, making meal preparation a breeze.
A standout feature of this property is the additional stand-alone studio room in the backyard-perfect as a rumpus, teenage retreat, home office, hobby space, or even an extra bedroom, giving buyers flexibility to tailor the home to their needs.
The fully fenced yard provides plenty of space for children or pets to play safely, while the two-vehicle carport, complete with a panel lift door, offers secure parking with easy access. The brand-new roof adds peace of mind and enhances the home's overall appeal and long-term value.
Situated in a convenient Park Avenue location close to schools, shops, parks, and public transport, this beautifully renovated cottage ticks all the boxes for easy living. With nothing left to do but move in and enjoy, 51 Sheehy Street is a must-inspect for buyers seeking style, practicality, and charm in a great location.
Listing description written by David Bell, Ray White Yeppoon — reproduced as published, not verified by Districts.