Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

QLD › Kelvin Grove › Prospect Tce

55 Prospect Tce, Kelvin Grove QLD 4059

House

$1,600,000

Last sold

11 Apr 2025

6

Bedrooms

2

Bathrooms

2

Car spaces

341 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,600,000 (11 Apr 2025).(Recorded sale)
  • FactLand 341 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Kelvin Grove (last 5 years) with land size: median $3,506/m² of land (n=53). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,600,000

11 Apr 2025 · derived via latest_sale

Local land rate: recorded House sales in Kelvin Grove (last 5 years) with land size have a median of $3,506/m² of land (n=53). Districts calculation from recorded sales — not a valuation.

Kelvin Grove at a glance

9,724

People

$1,520,000

Median sale

$641/wk

Median rent

2.19%

Suburb gross yield

Median sale from 13 recorded sales (last 12 months) — a Districts calculation.

See the full Kelvin Grove report →

Vs Kelvin Grove

+5.3%

Median sale

Suburb $1,520,000

-0.11 pp

Gross yield

Suburb 2.19%

Suburb median $1,520,000 from 13 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$1,600,00011 Apr 2025
  2. Listedprice unknowncompleted17 Mar 2025

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 $641/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

Kelvin Grove in one glance

Kelvin Grove at a glance

9,724

People

$1,520,000

Median sale

$641/wk

Median rent

2.19%

Suburb gross yield

Median sale from 13 recorded sales (last 12 months) — a Districts calculation.

See the full Kelvin Grove report →

Keep researching

  • Why Kelvin Grove? Read the area thesis →
  • What else is on the market in Kelvin Grove →
  • Other records on Prospect Tce →

Listing material

Listed by Aurora Property Brisbane

Elevated Family Living in an Exceptional Location

Perched in a prime Kelvin Grove position, this charming family home delivers a perfect blend of space, functionality, and timeless appeal. Elevated to capture refreshing breezes and leafy suburban views, it offers an exceptional lifestyle within minutes of the CBD, parks, and sought-after schools.

Inside, the home welcomes you with warm timber floors, high ceilings, and light-filled living spaces that create a sense of comfort and openness. The generously sized living and dining areas flow effortlessly to a spacious covered deck - an ideal setting for entertaining or unwinding while enjoying the tranquil backdrop. The well-appointed kitchen, complete with ample storage and modern finishes, is positioned at the heart of the home, ensuring effortless connection to the rest of the living space. Step outside to discover a private and low-maintenance backyard with room for kids and pets to play.

The home's accommodation is well-zoned for family living, featuring six generously sized bedrooms, providing flexibility for growing families or those working from home. The downstairs level is serviced by a central bathroom, which conveniently connects directly to the master bedroom, offering a semi-ensuite experience. Upstairs, a second full bathroom caters to the additional bedrooms and living spaces. An extra lounge or rumpus room on the lower level provides excellent separation, ideal for multi-generational living, guests, or a teenage retreat.

Read the full description

Features include:

• Spacious open plan living & dining

• Easy care timber floors

• Expansive covered deck with tranquil views

• Well-equipped, central kitchen

• Downstairs main bathroom with direct access from the master bedroom

• Separate downstairs living space, ideal for teenagers or guests

• Air-conditioning and ceiling fans throughout for year-round comfort

• Secure parking for two vehicles with additional storage space

• Low-maintenance backyard with leafy outlook

• Excellent natural light and elevated breezes

Perfectly positioned, this home is within walking distance to Kelvin Grove State College and the QUT campus, while Victoria Park, cafes, and public transport options are just moments away. The convenience of an inner-city lifestyle meets the comfort of a spacious family home, this is one opportunity not to be missed. Inspect now and secure your place in this sought-after pocket of Kelvin Grove.

Disclaimer

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

The Property Occupations Act 2014 states a price guide cannot be provided for non-priced sales. The website has filtered this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide. In preparing this information, we have used our best endeavours to ensure that the information contained therein is true and accurate and accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein. All information contained by Place is provided as a convenience to clients.

Aurora Property Newmarket acknowledges the traditional custodians of the land on which we deliver our services. We pay respects to Elders past, present and emerging and recognise their cultural heritage, beliefs, and relationships with the land.

Listing description written by Mario Sultana, Aurora Property Brisbane — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Floorboards
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.