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QLD › Albion › Grove St

61 Grove St, Albion QLD 4010

House

$1,340,000

Last sold

15 Aug 2024

3

Bedrooms

1

Bathrooms

3

Car spaces

405 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 $1,340,000 (15 Aug 2024).(Recorded sale)
  • FactLand 405 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Albion (last 5 years) with land size: median $3,352/m² of land (n=14). 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

$1,340,000

15 Aug 2024 · derived via latest_sale

Local land rate: recorded House sales in Albion (last 5 years) with land size have a median of $3,352/m² of land (n=14). Districts calculation from recorded sales — not a valuation.

Albion at a glance

4,085

People

$1,455,000

Median sale

$702/wk

Median rent

2.51%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Albion report →

Vs Albion

-7.9%

Median sale

Suburb $1,455,000

+0.21 pp

Gross yield

Suburb 2.51%

Suburb median $1,455,000 from 10 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$1,340,00015 Aug 2024
  2. Listedprice unknowncompleted24 July 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 $702/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

Albion in one glance

Albion at a glance

4,085

People

$1,455,000

Median sale

$702/wk

Median rent

2.51%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Albion report →

Keep researching

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

Listing material

Listed by Belle Property Ascot

Sold by Brooke Hawthorne, Belle Property Ascot

Auction, Thursday the 15th of August at 6.30pm

Pre registrations begin at 6pm

Where: The Ovolo Hotel, Fortitude Valley

Read the full description

Beautifully presented and ready for move-in ready living, this endearing character home has all the makings for a premium market offering in a location constantly in demand! Nestled in a quiet Albion street, within walking distance to dining, bus and schooling, a pristine interior boasts contemporary upgrades whilst the layout and land parcel are perfect for future expansion.

Additional features include:

* 405m2 fully fenced block

* Pristine character home with rejuvenated interior and landscaped surrounds

* Endearing character features throughout including VJ, timber breezeways and picket fencing

* Open-plan living and dining with beautiful bay window seating

* Updated kitchen with good storage, stainless appliances and handy bench space

* Covered front verandah plus larger covered rear deck with northerly aspect

* Fenced backyard with established greenery

* Three bedrooms with ceiling fans

* Updated bathroom with contemporary tiling, good vanity storage and bath

* Gated driveway with side access and off-street car parking

* Fantastic scope for future expansion

* School Catchment Area for Windsor State School & Kedron State High School

* Walking distance to major dining and shopping precincts, bus, rail and schooling

Dressed with white picket fencing and classic cottage exteriors, an endearing street presence opens into a flowing layout with light-filled living and dining showcasing those beautiful heritage elements; VJ walls, high ceilings, timber breezeways and a gorgeous bay window seat all on display. The adjacent kitchen is the benefactor of a previous upgrade, wrapped in classic white cabinetry with stainless appliances, gas cooking and expansive bench space combining to offer easy modern catering.

Boasting a favoured northerly aspect, a covered deck at the rear offers wonderful space for alfresco entertaining with an inviting air of tranquility. Stairs allow you to spill effortlessly into the backyard, framed by established greenery and boasting space for children, pets and even a future expansion if desired!

Three bedrooms are well-sized and each serviced impeccably by a sleek, contemporary bathroom stylishly offering good vanity storage and shower over bath. Additional features include a gated driveway, side access and off street parking for two vehicles.

Sitting on a flat and accessible 405m2 block, there is exceptional opportunity for those wanting to extend the living footprint by either raising or expanding the house, capitalising on the guaranteed growth of this coveted suburb.

A sought-after position on the inner-city fringe, this superb address is within walking distance to extensive dining and shopping options, centred brilliantly between Lutwyche Shopping Centre and Albion's dining district. Schooling is an easy stroll away, as are bus, rail and the Kedron Brook bikeway.

Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement. Please note that some of the property has been virtually styled.

Listing description written by Brooke Hawthorne, Belle Property Ascot — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Fully Fenced
  • Secure Parking
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.