Eastern Heights at a glance
3,829
People
$907,000
Median sale
$503/wk
Median rent
2.88%
Suburb gross yield
Median sale from 52 recorded sales (last 12 months) — a Districts calculation.
QLD › Eastern Heights › Chermside Rd
$490,000
Last sold
23 Aug 2024
3
Bedrooms
2
Bathrooms
4
Car spaces
890 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
$490,000
23 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Eastern Heights (last 5 years) with land size have a median of $1,070/m² of land (n=162). Districts calculation from recorded sales — not a valuation.
Eastern Heights at a glance
3,829
People
$907,000
Median sale
$503/wk
Median rent
2.88%
Suburb gross yield
Median sale from 52 recorded sales (last 12 months) — a Districts calculation.
Vs Eastern Heights
-46.0%
Median sale
Suburb $907,000
+2.46 pp
Gross yield
Suburb 2.88%
Suburb median $907,000 from 52 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 $503/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
Eastern Heights at a glance
3,829
People
$907,000
Median sale
$503/wk
Median rent
2.88%
Suburb gross yield
Median sale from 52 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White IpswichUnlock a Prime Renovation Opportunity in Eastern Heights! Auction Unless Sold Prior!
Are you ready to transform potential into perfection? Nestled in the highly sought-after suburb of Eastern Heights, this property is your blank canvas for creating the dream home you've always envisioned.
Perched high above, this property boasts breathtaking views over the Ipswich CBD, offering a serene backdrop for your future masterpiece. Imagine waking up to the city skyline and ending your day with stunning sunsets from your own custom-designed oasis.
Located directly opposite the beautiful Queens Park, you'll have unparalleled access to lush greenery, walking trails, and family-friendly recreational areas. It's the perfect blend of urban convenience and natural beauty right at your doorstep.
This property is more than just a renovation project; it's an opportunity to craft a home that truly reflects your style and needs. With its prime location, expansive potential, and unbeatable views, this is a rare chance to invest in one of the most desirable areas of Eastern Heights.
Don't miss out on the chance to create your dream home in the best location. Whether you're a seasoned renovator or a visionary homeowner, this is the perfect canvas to bring your dreams to life. Contact us today to explore the possibilities that await at this exceptional property!
Key Features:
- Three sizeable bedrooms, two with built in robes
- Master bedroom on the ground floor with ensuite and extra large wardrobes for ample storage
- Main bathroom located on the top floor with shower & separate bathtub
- Large open plan kitchen (updated in the last few years), dining, and living space with sliding glass doors that open up to a generously sized front deck with views over the Ipswich CBD & out onto the mountains
- Tiles and carpets throughout the ground floor; hardwood flooring throughout the first floor
- Carpeted family/rumpus room located on the ground floor
- Internal stairs in the entry way for easy access to the top floor
- Air-conditioning
- Huge 6.8m x 9m shed with two roller doors for car storage as well as bonus space for a workshop and/or storage
- Double car carport at the front of the home for added convenience
- Front porch
- Rear patio that leads to the laundry/storage space to the left hand side of the home as well as a second storage/workshop space to the right hand side.
- SOLAR PANELS!
- 890m² battle axe block - exceptionally private and surrounded by trees, offering the ultimate retreat. Enjoy the benefits of a central location without the noise and hustle of the street
Location:
- 1 minute to Ipswich Central State School*
- 2 minutes to Ipswich Grammar School*
- 4 minutes to St Andrew's Private Hospital*
- 5 minutes to Ipswich Hospital*
- 7 minutes to Riverlink Shopping Centre*
- 8 minutes to Cunningham Highway*
- 11 minutes to Warrego Highway*
- 4 minutes to Ipswich CBD*
- 41 minutes to Brisbane CBD*
*Approximate
This property is one not to be missed. If you would like more information on the property or wish to book a private inspection, please call Ben Ramsey on 0411 428 474 or Taylah Sherrin on 0457 047 720 today. We look forward to meeting you at one of our open homes! Chat to you soon.
Auction Friday 23 August 2:30pm at 81 Limestone Street, Ipswich.
Listing description written by Ben Ramsey, Ray White Ipswich — 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.