Karalee at a glance
6,042
People
$1,175,000
Median sale
$670/wk
Median rent
2.97%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
$841,000
Last sold
6 Aug 2024
5
Bedrooms
3
Bathrooms
2
Car spaces
508 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
$841,000
6 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Karalee (last 5 years) with land size have a median of $330/m² of land (n=137). Districts calculation from recorded sales — not a valuation.
Karalee at a glance
6,042
People
$1,175,000
Median sale
$670/wk
Median rent
2.97%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
Vs Karalee
-28.4%
Median sale
Suburb $1,175,000
+1.17 pp
Gross yield
Suburb 2.97%
Suburb median $1,175,000 from 55 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 $670/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
UnknownArea
Karalee at a glance
6,042
People
$1,175,000
Median sale
$670/wk
Median rent
2.97%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Image Property Brisbane Northside*** Please view our Virtual Tour to conduct a digital inspection of this stunning property! Video walkthrough also available on request ***
- NEAR-NEW DUAL-KEY PROPERTY IN BLUE RIBBON LOCATION
- CIRCA 2019 BUILD IN IMMACULATE CONDITION
- FOUR BEDROOM DWELLING ON ONE SIDE, ONE BEDROOM ON THE OTHER
- OUTSTANDING PRESENTATION AND FANTASTIC TENANTS IN PLACE
- UNIT 1: RENTED $430PW UNTIL 14/10/24 (RENTAL APPRAISAL $520-$570PW)
- UNIT 2: RENTED $375PW UNTIL 24/07/25
- WALK TO KARALEE SHOPPING CENTRE AND LOCAL DAY CARE
- SHORT DRIVE TO IPSWICH CBD AND ITS ENDLESS LIST OF AMENITIES
- CONVENIENT HIGHWAY ACCESS GETS YOU TO BRISBANE CBD IN A FLASH
This near-new dual-occupancy property is perfectly positioned in a blue ribbon location of Ipswich, and would truly be an outstanding addition to any investor's property portfolio. With tenants already in place and a VERY attractive potential rental yield, I expect you'll find it difficult to say "no" to this one!
There's no shortage of space on offer here, with one side of the property offering an impressive four bedrooms where you'd typically see three. The main living/dining space is an outstanding size and comes with split system air conditioning, and with the property only being built in 2019, everything is wonderfully modern throughout. Even the yard space is a great size, and the tenants currently in place love living here and would like to stay on long-term.
The current tenants are surely among the best tenants you can get in the whole of Ipswich. It's clear from the presentation in the photos that they care for the property as though it was their own, and they would love the opportunity to stay here if it is given to them. They are currently paying $430pw with their lease renewal due in October, and the appraisal range given for that is $520-$570pw (formal appraisal letter available on request).
On the other side of the home we have a more compact design offering one-bedroom and another air-conditioned and open-planned kitchen/living/dining space. While smaller than the four bedroom side, this space is still plenty big enough to cater to the demographic of tenants this setup would appeal to. At the time of the photographs being taken the one-bedroom unit was un-occupied, however, is now tenanted for $375pw until July next year.
This location certainly does not compromise on convenience – with a strong enough arm, Karalee Shopping Centre is quite literally a stone's throw away covering all of your grocery needs as there's both a Coles and a Woolworths here. Local schools are abundant – both public and private – and thanks to great road and highway connections, Ipswich CBD can be reached in as little as 10 minutes and Brisbane CBD in as little as 30 minutes by car outside of peak periods!
Location, presentation and great rental return - this outstanding property truly has it all. Don't delay your enquiry here because it will NOT be on the market long!
Listing description written by Alex Sparrow, Image Property Brisbane Northside — reproduced as published, not verified by Districts.
Nearby 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.