East Brisbane at a glance
6,977
People
$1,740,000
Median sale
$703/wk
Median rent
2.10%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
QLD › East Brisbane › Geelong St
$1,681,000
Last sold
23 Mar 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
354 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
$1,681,000
23 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in East Brisbane (last 5 years) with land size have a median of $3,804/m² of land (n=60). Districts calculation from recorded sales — not a valuation.
East Brisbane at a glance
6,977
People
$1,740,000
Median sale
$703/wk
Median rent
2.10%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs East Brisbane
-3.4%
Median sale
Suburb $1,740,000
+0.07 pp
Gross yield
Suburb 2.10%
Suburb median $1,740,000 from 23 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 $703/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
East Brisbane at a glance
6,977
People
$1,740,000
Median sale
$703/wk
Median rent
2.10%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency BrisbaneThis is an outstanding opportunity to buy an in-demand home on 354sqm where you will find an authentic work-life balance opportunity that offers real investment potential. Welcome to 59 Geelong Street, East Brisbane.
From the street, you take sight of this striking two-story Queenslander, boasting loads of character and set amongst a lush green landscape with pool, bringing a sense of serenity to the surrounding cityscape.
Upon entering the home upstairs, you're greeted by a warm, enclosed veranda, followed by three generously sized bedrooms, which includes the master bedroom showcasing the stunning bay window seat and beautiful lead light windows. Both living and dining areas are bathed in natural light from banks of casement windows and bi-fold doors opening out to the rear east-facing deck. An open-plan kitchen adjoins both spaces.
The heart of the home is where the open-plan kitchen incorporates a large bi-fold window featuring impressive coloured glass servicing a spacious east-facing entertainment venue, a noteworthy feature that will appeal to the most discerning buyers. This living space is perfect for relaxing or entertaining while cooking up a storm and is complemented by a leafy backyard and in-ground pool. Perfect to those who love to entertain and to soak up the beautiful climate that Brisbane has to offer!
Features include high ceilings, VJ timber walls and ceilings, wide timber skirtings, casement windows, coloured glass features throughout, timber French doors, polished timber flooring, air conditioning on both levels.
Downstairs houses a second living room, including a fourth bedroom, second bathroom, and a very spacious laundry which can easily accommodate a kitchenette, ideally suited as a granny flat.
Nestled in a highly desirable precinct of East Brisbane, this property promises a lifestyle of unrivalled convenience and leisure. Families will appreciate the proximity to Churchie Boys' School, while the Gabba Cricket Ground, local shops, cafes, and restaurants contribute to the locale's vibrant scene. Easy access to Mowbray Park and the City Cat Terminal ensures effortless commutes and recreational outings. Moreover, residents will find themselves just a stone's throw away from the sophisticated offerings at Howard Smith Wharves, New Farm Park, and the Brisbane CBD, with a selection of the city's finest dining and entertainment within easy reach.
The home's location is also advantageous for those valuing outdoor activities, being close to parklands, and all modes of transportation are readily available, truly epitomising the best of both peaceful and urban living.
A true inner-city cottage, this is without hesitation one of the best opportunities available. One inspection is all you need to fall in love with this beautiful home. Whether you are an astute investor, owner-occupier, or a young family looking to get into the inner-city property market, you cannot go wrong!
An inspection of this home followed by a drive around the desirable East Brisbane, Woolloongabba, and Kangaroo Point Precinct will confirm your decision to reward yourself with the best Brisbane has to offer.
Opportunities such as this are few and far between, so do not miss out as this property will be sold on Auction Day, if not prior.
Listing description written by Madi Roche, The Agency Brisbane — reproduced as published, not verified by Districts.