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QLD › East Brisbane › Wellington Rd

611/45 Wellington Rd, East Brisbane QLD 4169

For saleApartment

$720,000

For sale

Asking

1

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $720,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $720,000(Listing record · 8 Aug 2026)
  • CalculationAsk is 59% below the East Brisbane median recorded sale ($1,740,000, n=23, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at East Brisbane's advertised median rent ($703/wk), implied gross yield would be 5.08% — 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

$720,000

Asking

No recorded sale for this property.

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.

See the full East Brisbane report →

Vs East Brisbane

-58.6%

Median sale

Suburb $1,740,000

+2.98 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.

Total cost to purchase

Purchase Price
$720,000
Stamp Duty (Queensland)
$25,425
Transfer/Registration Fee
$2,762
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
$751,887

$31,887 on top of the price (4.4% 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 East Brisbane's advertised median rent — not a rent for this listing.

Net yield
3.58%
Annual cashflow (pre-tax)
$-11,684
Interest cover (DSCR)
0.69
Annual rent
$36,556
Operating expenses
$10,800
Loan amount
$576,000
Annual interest
$37,440
Gross yield
5.08%

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$720,000available7 Aug 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 $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.

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 5.1%. 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

East Brisbane in one glance

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.

See the full East Brisbane report →

Keep researching

  • Why East Brisbane? Read the area thesis →
  • What else is on the market in East Brisbane →
  • Other records on Wellington Rd →

Listing material

Listed by Ray White Bulimba

Vacant Possession - Move in Now!!

Embracing a lifestyle of effortless comfort and convenience on the 6th floor of 'The Wellington', this apartment offers an exceptional opportunity for owner-occupiers and investors seeking a residence in one of Brisbane's most vibrant inner-city precincts.

With vacant possession and an unfurnished layout, you can move straight in or secure an immediate rental opportunity, all within footsteps of The Gabba, shopping, dining and excellent public transport. Designed to maximise natural light, easterly breezes and fluid functionality, the air-conditioned interiors showcase full-height glass doors, stone benchtops and floor-to-ceiling bathroom tiles, creating a fresh, modern aesthetic.

The open living and dining area flows seamlessly around the galley-style kitchen before extending to the private balcony, where indoor and outdoor living merge beautifully. The balcony also connects directly to the generous bedroom with a built-in robe, inviting cooling cross-breezes throughout the apartment and providing direct access to the two-way ensuite. A concealed internal laundry and secure car space add further practicality.

Read the full description

Residents can unwind and entertain with an outstanding collection of resort-style facilities, including a spectacular rooftop swimming pool, where panoramic views stretch across the city skyline and The Gabba, creating the perfect setting to relax by day and soak in the sparkling lights by night. A communal BBQ area on the second floor and an array of cafes, restaurants and shopping at ground level complete the vibrant lifestyle.

Highlights of this residence include:

- Vacant unfurnished 64sqm apartment on the 6th floor of 'The Wellington'

- Open, light-filled living and dining area with a galley-style kitchen

- Balcony boasting sunshine, easterly breezes and shade/privacy blind

- 1 bedroom with built-in robe, 2-way bathroom, concealed laundry

- Bosch oven, stainless steel dishwasher, electric cooktop

- Ducted air-conditioning, broadband internet access

- 1 secure car space in the resident car park, ample visitor car parks

- 10th-floor rooftop pool with entertaining area and city and Gabba views

- 2nd floor barbecue facilities, ground floor shops and cafes

An inner-city address of leisure and executive appeal, this location presents a world of convenience and connection just 3km from the CBD. 200m from The Gabba, you can walk to game days, and delight in mornings, afternoons and evenings at the local cafes, restaurants, bars and shops, all within footsteps of your door, and South City Square, 700m away.

Parks and bikeways are within walking distance, and you can stroll 80m to bus stops and 500m to the upcoming Cross River Rail. In proximity to motorways, bridges and tunnels, moments from top hospitals and universities, and minutes from South Bank and surrounding lifestyle precincts, this position provides the best of Brisbane within reach.

Listing description written by Deahnne Brodie, Ray White Bulimba — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Intercom
  • Outdoor Entertaining
  • In-Ground Pool

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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