Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

QLD › Kelvin Grove › Vale St

55 Vale St, Kelvin Grove QLD 4059

House

$1,080,000

Last sold

10 Sept 2024

3

Bedrooms

1

Bathrooms

1

Car spaces

253 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 $1,080,000 (10 Sept 2024).(Recorded sale)
  • FactLand 253 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

$1,080,000

10 Sept 2024 · 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

-28.9%

Median sale

Suburb $1,520,000

+0.90 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$1,080,00010 Sept 2024
  2. Listedprice unknowncompleted19 Aug 2024

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 Vale St →

Listing material

Listed by Harcourts Solutions Windsor

Sold By Tamara Lee 0421 767 034

The epitome of easy living, this single-level post-war home boasts a northerly aspect on a small, low-maintenance lot within walking distance of QUT, CBD, transport, and amenities. Currently tenanted until 20/01/2025 with a long-term tenant, the house presents an ideal investment with excellent scope to add value with a renovation or remove/rebuild (STCA).

Featuring a practical low-set layout, the functional floor plan includes an air-conditioned living/dining area, an adjoining kitchen with a dishwasher, three bedrooms, and an updated bathroom featuring a bathtub and separate shower. The private front patio and rear courtyard create peaceful outdoor retreats for lounging, hosting and dining, and storage/parking are provided via the carport and garden shed.

Charming low-set, low-maintenance post-war home on 253sqm

Read the full description

Currently tenanted until 20/01/2025 with a long-term tenant

Open living and dining area, front patio, rear courtyard

Functional kitchen with a freestanding cooker and dishwasher

3 bedrooms, 1 bathroom with a bathtub and separate shower

Single carport, garden shed (2.4x2.4m)

Air-conditioning in the living area and 1 bedroom

Timber floors, ceiling fans, security screens

Resting on a quiet street at a magnificent inner-city address, this property provides endless convenience only 2.7km from the CBD. Bus stops are 270m from your door, and you can walk 600m to QUT and Kelvin Grove State College, 2km to Boys' and Girls' Grammar, and 2.2km to RBWH. Stroll 350m down the street to Little Red Bakery and venture 800m to Aldi and 700m to the Red Hill precinct, featuring a medical centre, post office, pharmacy, cinema, cafes and restaurants. A stone's throw from the Enoggera Creek Bikeway, Bancroft Park and Victoria Park, you will love the access to recreation space.

Sold By Tamara Lee 0421 767 034

Listing description written by Tamara Lee, Harcourts Solutions Windsor — reproduced as published, not verified by Districts.

Also look at

Also for sale in Kelvin Grove

  • U704, 148 Victoria Park Rd, Kelvin Grove QLD 4059

    2-bed unit. Currently listed.

    For sale
  • U30204, 67 Blamey St, Kelvin Grove QLD 4059

    1-bed unit. Asking $700K.

    For sale
  • U14, 51 Gibb St, Kelvin Grove QLD 4059

    2-bed apartment. Currently listed.

    For sale
  • U608, 19 Tank St, Kelvin Grove QLD 4059

    3-bed apartment. Currently listed.

    For sale
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.