Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

QLD › Wavell Heights › Kinmond Ave

55 Kinmond Ave, Wavell Heights QLD 4012

For saleHouse for Sale

$2,000,000

For sale

Asking

6

Bedrooms

3

Bathrooms

0

Car spaces

595 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,000,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,000,000(Listing record · 27 July 2026)
  • CalculationAsk is 27% above the Wavell Heights median recorded sale ($1,575,000, n=74, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Wavell Heights's advertised median rent ($656/wk), implied gross yield would be 1.71% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

The ask against the evidence

Asking

$2,000,000

Asking · $3,361/m² of land

No recorded sale for this property.

Wavell Heights at a glance

11,245

People

$1,575,000

Median sale

$656/wk

Median rent

2.17%

Suburb gross yield

Median sale from 74 recorded sales (last 12 months) — a Districts calculation.

See the full Wavell Heights report →

Vs Wavell Heights

+27.0%

Median sale

Suburb $1,575,000

-0.46 pp

Gross yield

Suburb 2.17%

Suburb median $1,575,000 from 74 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$2,000,000
Stamp Duty (Queensland)
$95,525
Transfer/Registration Fee
$8,722
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$2,107,947

$107,947 on top of the price (5.4% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Wavell Heights's advertised median rent — not a rent for this listing.

Net yield
0.21%
Annual cashflow (pre-tax)
$-99,888
Interest cover (DSCR)
0.04
Annual rent
$34,112
Operating expenses
$30,000
Loan amount
$1,600,000
Annual interest
$104,000
Gross yield
1.71%

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.

Open the full yield calculator →

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. Listed$2,000,000available27 July 2026

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 $656/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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

Gross yield if leased at the suburb aggregate is 1.7%. 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

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

Wavell Heights in one glance

Wavell Heights at a glance

11,245

People

$1,575,000

Median sale

$656/wk

Median rent

2.17%

Suburb gross yield

Median sale from 74 recorded sales (last 12 months) — a Districts calculation.

See the full Wavell Heights report →

Keep researching

  • Why Wavell Heights? Read the area thesis →
  • What else is on the market in Wavell Heights →
  • Other records on Kinmond Ave →

Listing material

Listed by SaleByHomeOwner.com.au

This is "Kilbirnie" - A Grand Home in Wavell Heights NOT subject to any heritage restrictions.

55 Kinmond Avenue, Wavell Heights QLD 4012 Located in a very quiet street but only ten minutes from the city via the Airport Link tunnel, If you want to be close to the city and avoid the traffic then this is it. If you like shopping then the Chermside Shopping Centre is a few minutes down the road. When I was made redundant ten years ago I turned Kilbirnie into my business and income with bookings for it's use as a wedding venue, a movie set for hire, guest accommodation with Airbnb and a music tuition and rehearsal venue. The income from Airbnb is currently $75,000 - $80,000 per year for one or two hours of work per day. This is a house which can pay it's own mortgage. The guests love it and it has over a thousand five-star reviews from them. Its also perfect for entertaining friends or throwing a party. The kitchen and lounge open directly onto a huge back deck on the Eastern side of the house so its almost constantly in shade. Kilbirnie is attuned to the Brisbane climate with trees providing nature's own air-conditioning. This commanding six bedroom, dual kitchen, multi living masterpiece delivers the kind of lifestyle normally reserved for boutique hotels. Set on a generous 595m² block with an impressive 26M wide frontage, this two storey home is purpose built for large families, multi generational living, guest accommodation, entertainers, or anyone seeking a property that stands out from the crowd.

Forn enquiries please phone: 0408 788 201

🏡 Property Highlights

Read the full description

• Six spacious bedrooms — ideal for large families, guests, or dual living arrangements. Five of these bedrooms open directly onto the verandah or deck through separate French doors.

• Three lounge/office areas — perfect separation of living zones for privacy, relaxation, and entertaining.

• Three and a half bathrooms — modern, well appointed, and designed for convenience.

• Two kitchens — exceptional for multi generational living, extended family stays, or rental flexibility. One is a kitchenette for guests. The other is a large kitchen suitable for catering for large gatherings. Opens directly onto the huge rear deck through bi-fold doors.

• Separate sound/heat insulated music/rumpus room or den – A separate building adjacent to the house (not currently approved as a living quarters but the potential is there) with another 36m2 of floor space and the same colonial charm as the “house proper”. Previously used for bagpipe tuition and band practice. You can make a lot of noise without bothering the neighbours in there. Includes it’s own WC.

• Massive rear deck of 64m2 — an entertainer’s dream on the ground floor, ideal for large gatherings, BBQs, and outdoor dining which has also catered for weddings and receptions.

• Large 595m² block — room to breathe, play, entertain, or simply enjoy the space.

• Wide frontage — striking street presence and future potential. Parking space for five vehicles immediately in front of the property and space for developing up to three parking places off-street. 595m2 may not seem huge but when the block is roughly square it certainly feels and looks like 800m2.

• Separation from neighbours – you won’t feel crammed in here. The block behind only has a garage on it and the adjacent houses are well away from the house. This place has real privacy.

• Hotel like layout — multiple living zones, private wings, and flexible configurations. Current owner has operated it as an Airbnb as well as a home and income from Airbnb use has been approx. $75,000/year

• Style! – Colonial wedding-cake look. Movie crews have hired it many times in the last ten years to use it as a movie set (see photos).

Lifestyle & Location Benefits

Wavell Heights is one of Brisbane’s most sought after suburbs, celebrated for its leafy streets, elevated breezes, and unbeatable convenience. Living here means enjoying:

• Premium schools — including Wavell State High School, Our Lady of the Angels, and Nundah State School.

• Vibrant café culture — boutique coffee spots, bakeries, and brunch favourites just minutes away.

• Parks & recreation — playgrounds, walking tracks, sporting fields, and green spaces for families.

• Major shopping hubs — Chermside Shopping Centre only a short drive away.

• Easy transport links — quick access to bus routes, major arterials, and Brisbane Airport.

• Quiet, family friendly neighbourhood — safe, peaceful, and community focused.

Why This Property Stands Out

This is not just a large home — it’s a rare opportunity to secure a residence that offers unmatched flexibility, scale, and lifestyle. Whether you’re accommodating extended family, running a home business, or simply wanting room to grow, this property delivers in every way.

The dual kitchen setup, multiple living zones, and hotel style layout make it ideal for:

o Multi generational families

o Large households

o Investors seeking dual living potential

o Buyers wanting a statement home with room for everything

Opportunities of this calibre in Wavell Heights are exceptionally rare. Act now to secure one of the suburb’s most impressive homes.

For enquiries, inspections, or further details, reach out today — properties of this scale and quality don’t stay on the market long.

Property Code: 1954

Listing description written by Sale By Home Owner, SaleByHomeOwner.com.au — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.