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QLD › Woodridge › Wisp St

56/7 Wisp St, Woodridge QLD 4114

For saleTownhouse

$499,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

80 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $499,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $499,000(Listing record · 28 July 2026)
  • CalculationAsk is 42% below the Woodridge median recorded sale ($853,500, n=58, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Woodridge's advertised median rent ($495/wk), implied gross yield would be 5.16% — 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

$499,000

Asking · $6,238/m² of land

No recorded sale for this property.

Woodridge at a glance

14,129

People

$853,500

Median sale

$495/wk

Median rent

3.02%

Suburb gross yield

Median sale from 58 recorded sales (last 12 months) — a Districts calculation.

See the full Woodridge report →

Vs Woodridge

-41.5%

Median sale

Suburb $853,500

+2.14 pp

Gross yield

Suburb 3.02%

Suburb median $853,500 from 58 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$499,000
Stamp Duty (Queensland)
$15,890
Transfer/Registration Fee
$1,738
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
$520,328

$21,328 on top of the price (4.3% 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 Woodridge's advertised median rent — not a rent for this listing.

Net yield
3.66%
Annual cashflow (pre-tax)
$-7,693
Interest cover (DSCR)
0.70
Annual rent
$25,740
Operating expenses
$7,485
Loan amount
$399,200
Annual interest
$25,948
Gross yield
5.16%

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$499,000available28 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 $495/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

Gross yield if leased at the suburb aggregate is 5.2%. 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

Woodridge in one glance

Woodridge at a glance

14,129

People

$853,500

Median sale

$495/wk

Median rent

3.02%

Suburb gross yield

Median sale from 58 recorded sales (last 12 months) — a Districts calculation.

See the full Woodridge report →

Keep researching

  • Why Woodridge? Read the area thesis →
  • What else is on the market in Woodridge →
  • Other records on Wisp St →

Listing material

Listed by LJ Hooker Beenleigh

Vacant & Ready - The Perfect First Step or Smart Investment

Eileen Chen and Benjamin Waite alongside LJ Hooker Property Collective are proud to present 56/7 Wisp Street, Woodridge.

Whether you're searching for your very first home or looking to expand your investment portfolio, this well-positioned double-storey unit offers an exciting opportunity with the added advantage of vacant possession, allowing you to move straight in or secure a tenant on your own terms.

Designed for practical, low-maintenance living, the home features an open plan living and dining area that creates a comfortable space to relax or entertain. The functional U-shaped kitchen provides plenty of bench space for everyday cooking, while the internal laundry adds extra convenience. Upstairs, both bedrooms include built-in robes, with a central bathroom servicing the upper level. Ceiling fans throughout help provide year-round comfort, while a linen cupboard offers valuable additional storage.

Read the full description

Situated within a small complex, this townhouse presents an easy-care lifestyle that will appeal to owner-occupiers seeking an affordable entry into the market, as well as investors looking for a property that's ready for its next chapter.

Property Features:

� Double-storey unit - offering a practical layout with a clear separation between living and sleeping areas.

� Two bedrooms with built-in robes - providing comfortable accommodation with convenient everyday storage.

� One bathroom - centrally positioned to service the home with ease.

� Open plan living and dining area - creating a functional space for relaxing, dining and entertaining.

� Functional U-shaped kitchen - offering an efficient layout with ample bench space for meal preparation.

� Internal laundry - adding everyday convenience without the need to step outside.

� Linen cupboard for additional storage - helping keep household essentials neatly organised.

� Ceiling fans - providing added comfort and airflow throughout the home.

� Single car space - offering off-street parking for added convenience.

� Located within a small complex - providing a boutique townhouse setting.

� Vacant possession available - giving buyers the flexibility to move straight in or prepare the property for a new tenant.

Investment Snapshot:

� Rental Appraisal: $450- $475 per week approx.

� Low body corporate!

� Vacant possession available, providing flexibility for owner-occupiers or investors

Why Woodridge?

Woodridge is a well-connected suburb offering convenient access to public transport, local shopping centres, schools, parks and everyday amenities. Its central location within Logan makes it a popular choice for first home buyers, families and investors seeking value and convenience.

A move-in-ready opportunity with flexibility and potential.

Contact Eileen Chen and Benjamin Waite today for more info.

Important: While every care has been taken in the preparation of the information contained in this marketing, LJ Hooker Beenleigh and its representatives will not be held responsible for any errors or omissions. All details are considered accurate at the time of printing, and interested parties should make and rely on their own enquiries to verify the information.

Listing description written by Eileen Chen, LJ Hooker Beenleigh — 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.

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