Lota at a glance
3,763
People
$1,535,000
Median sale
$755/wk
Median rent
2.56%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
QLD › Lota › Richard St
$1,100,000
Last sold
26 Sept 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
405 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
$1,100,000
26 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Lota (last 5 years) with land size have a median of $2,178/m² of land (n=91). Districts calculation from recorded sales — not a valuation.
Lota at a glance
3,763
People
$1,535,000
Median sale
$755/wk
Median rent
2.56%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Lota
-28.3%
Median sale
Suburb $1,535,000
+1.01 pp
Gross yield
Suburb 2.56%
Suburb median $1,535,000 from 15 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 $755/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
Lota at a glance
3,763
People
$1,535,000
Median sale
$755/wk
Median rent
2.56%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property Manly QLDBoasting a prime location within the coveted Lota area, this property is perfect for buyers eager to enter the bustling Bayside market, growing families, and savvy investors looking to enhance their portfolio. Enjoy the convenience of being just a short drive from all the attractions and amenities Bayside living offers.
Situated opposite Cox Park, the property boasts a stunning green and open view, complemented by a refreshing Bayside breeze in the afternoon. It's an ideal spot for walking the kids to Lota State School, leaving the car at home for a leisurely stroll to the train station, and soaking up the beautiful surroundings with the sparkling Lota waterfront less than 1 km away!
This home features a versatile layout spread over two levels, providing ample space for a growing family. The open-plan design on the lower level seamlessly integrates the living and dining areas with a generously sized kitchen, leading out to a sparkling inground pool-perfect for the upcoming summer months.
Features include:
• Across the upper level are three bedrooms with built in wardrobes
• The main bedroom opens to the front deck and bedroom three unfolds to the rear deck with a study / home office that also opens out to the rear deck
• Renovated family bathroom with a corner bath, shower and a separate toilet
• A fourth bedroom / home office or loungeroom is situated on the lower level offering a great space for older kids or guests
• A stylish renovated second bathroom is situated on the lower level
• Versatile well equipped kitchen with an AEG electric oven, Aiston dishwasher, built in pantry and plenty of storage and bench space
• Front and back upper decks providing space and separation for the family
• With an exciting number of outdoor spaces, you can throw open all the windows and doors to welcome refreshing bay breezes year-round
• This address has plenty of storage, security screens throughout, a garden shed, and off street parking with room for two cars
• Ceiling fans and air-conditioning, low maintenance timber look flooring throughout
• Enjoy the convenience of the location, with proximity to Bayside United Football Club, PCYC, Lota boat ramp, Lota Dog Park, and scenic bike/walking paths along the Esplanade
• The Royal Queensland Yacht Club is also within easy reach, ensuring a vibrant and active lifestyle
• For commuters, Lota train station and bus services are within walking distance, making daily travel a breeze with direct lines to Brisbane CBD and Cleveland CBD
• This property is within the catchment area for Lota State School and Wynnum State High School, with easy access to some of Brisbane's finest schools and colleges, including Moreton Bay Colleges and Iona College and childcare facilities
DISCLAIMER: In preparing this information, we have used our best endeavours to ensure that the information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own council and financial inquiries to verify any information contained herein.
This property is being sold without a price therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Listing description written by David Lazarus, Belle Property Manly QLD — reproduced as published, not verified by Districts.