Banyo at a glance
6,687
People
$1,233,000
Median sale
$706/wk
Median rent
2.98%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
QLD › Banyo › Musgrave Rd
$1,450,000
Last sold
26 May 2026
4
Bedrooms
1
Bathrooms
2
Car spaces
862 m²
Land
427 m²
Building
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
$1,450,000
26 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Banyo (last 5 years) with land size have a median of $1,973/m² of land (n=83). Districts calculation from recorded sales — not a valuation.
Banyo at a glance
6,687
People
$1,233,000
Median sale
$706/wk
Median rent
2.98%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Banyo
+17.6%
Median sale
Suburb $1,233,000
-0.45 pp
Gross yield
Suburb 2.98%
Suburb median $1,233,000 from 40 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 $706/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
Banyo at a glance
6,687
People
$1,233,000
Median sale
$706/wk
Median rent
2.98%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property AscotPositioned on a generous 862m² parcel within the sought-after Virginia Golf Club pocket of Banyo, this classic Queenslander presents a rare opportunity to secure space, character and future potential in a highly convenient location. With excellent access to shops, transport links and major corridors connecting to the city, coasts and airport, it offers outstanding lifestyle appeal alongside exceptional potential for growth now and into the future.
Behind its classic façade, the home offers comfortable interiors as is, with traditional character features providing a strong foundation for enhancement. Generous proportions and original details create immediate liveability, while presenting excellent scope to renovate and elevate over time. With its scale and opportunity to restore key character elements, it holds the potential to be transformed into a residence of true Queenslander grandeur and elegance.
From the louvred front porch, a sprawling interior unfolds, showcasing VJ walls, stained glass windows and soaring ceilings throughout. Open-plan living and dining flow through to a large, airy breakfast room, while the adjoining kitchen offers generous proportions, excellent storage and wraparound bench space. Four well-sized bedrooms plus a versatile multi-purpose room provide flexible family accommodation, supported by a spacious bathroom with separate bath.
A large covered deck extends from the home, elevated to overlook a huge, flat backyard that offers exceptional space for children and pets to play freely. The generous parcel invites a range of possibilities, from creating a resort-style outdoor setting with room for a pool to expanding the existing footprint. With a flat block and the scale to raise and build underneath, there is also excellent potential to create a grand residence or incorporate self-contained living, while the block itself presents clear subdivision opportunity (STCA). In addition, there is dual side access and a large garage/workshop positioned at the rear.
Offering the charm of yesteryear in a well-connected location, this address combines everyday convenience with exceptional future potential. Enjoy easy access to local shops, dining, schooling and transport, with direct links to the CBD, coastlines and airport. With its generous landholding and clear scope to renovate, extend or subdivide (STCA), this is a compelling opportunity to capitalise on growth, with the added advantage of comfortable liveability allowing you to hold, enjoy and plan for the future on your terms.
Features Include:
- 862m² block in Virgina Golf Club pocket of Banyo
- Outstanding renovation, rebuild or subdivision potential (STCA)
- Classic Queenslander with traditional character features including VJ walls, stained glass and soaring ceilings with cooling cross ventilation
- Comfortable interiors with immediate liveability and scope to add value
- Open-plan living and dining plus large, airy breakfast room
- Large kitchen with wraparound bench space and excellent storage
- Four bedrooms plus versatile multi-purpose room
- Spacious bathroom with separate bath
- Elevated covered deck overlooking huge, flat backyard
- Fenced yard ideal for children, pets and future outdoor upgrades including pool
- Dual side access plus large rear garage/workshop
- Opportunity to raise, extend or create a grand Queenslander or dual-living design
- Close to shops, dining, schooling and transport links
- Easy access to CBD, coastlines and airport
Properties of this calibre do not become available often, so don't miss your opportunity and call Brooke Hawthorne or Tayla Zielke to register for our Scheduled Open Home or book a Private Appointment at a time convenient to you.
DISCLAIMER:
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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.
Listing description written by Brooke Hawthorne, Belle Property Ascot — reproduced as published, not verified by Districts.