Holland Park West at a glance
6,831
People
$1,577,830
Median sale
$678/wk
Median rent
2.23%
Suburb gross yield
Median sale from 42 recorded sales (last 12 months) — a Districts calculation.
QLD › Holland Park West › Nursery Rd
3
Bedrooms
1
Bathrooms
4
Car spaces
810 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Holland Park West (last 5 years) with land size have a median of $2,249/m² of land (n=98). Districts calculation from recorded sales — not a valuation.
Holland Park West at a glance
6,831
People
$1,577,830
Median sale
$678/wk
Median rent
2.23%
Suburb gross yield
Median sale from 42 recorded sales (last 12 months) — a Districts calculation.
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 $678/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
Holland Park West at a glance
6,831
People
$1,577,830
Median sale
$678/wk
Median rent
2.23%
Suburb gross yield
Median sale from 42 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Mt GravattAFTER OVER 55 YEARS OF OWNERSHIP, THIS INCREDIBLE WELL APPOINTED HOME ON 810M2 IS ON THE MARKET FOR THE VERY FIRST TIME.
MAKE NO MISTAKE, THE SALE OF A HOME THIS SPECIAL DOES NOT HAPPEN OFTEN AND THE HARD DECISION TO SELL HAS BEEN MADE BY THE OWNERS - WE ARE SELLING ON OR BEFORE AUCTION, THE 1ST OF MAY !*
Auction via In-Room and Online - 01/05/2024 @ 6:00pm, if not sold prior
Auction Location: Ray White Mt Gravatt Auction Room | 1450 Logan Road, Mount Gravatt
Registrations start from 5:30pm
(Phone & Online Registrations must be completed by 3:00pm on Auction Day)
Superb buying for investors seeking strong rental returns with future option to split the block and a prime candidate to attract new home builders ready to take on their next project.
Situated on Nursery Road in desirable Holland Park West, and perched on a raised 810sqm block this property is made up of 2 freehold 405sqm allotments. The traditional high-set home on the site presents in excellent overall condition. Ready for moving in or hitting the rental market, it would certainly provide a comfortable home in as is condition for owners or tenants alike. The location is second to none, being moments to motorway entrances, Griffith University, numerous state and private schools, abundant local shopping centres, restaurants and cafes, and a short walk to the major busway connecting you to the CBD in 20 minutes.
The original brick split-level house has a flexible configuration with a front double carport and a massive ground level garage and storage area. In addition there is an adjoining workshop room. It also benefits from an internal stairwell to the upper level making it conducive to future conversion into a home studio or office space.
Upstairs features three good-size bedrooms, the main offering built in robe and ceiling fan. They share the spacious communal bathroom which has been maintained very well and is in mint condition. There is a separate WC accessible via the large laundry that has secure backyard access and storage cupboards.
The front balcony provides an outdoor reprieve and enjoys views across the lawn and mature garden. The home is secured with grills and screens throughout. A bright and generous lounge room has tidy carpets and neutral décor with fan for summer comfort.
Flowing from here is the combined dining area and kitchen. Fitted with easy clean vinyl flooring the spic and span design is modern with fitted cabinetry and laminate benches all beautifully kept and easy on the eye. Tiled splash back, double sink, wall mounted oven and ceramic hob allow for relaxed cooking and there's lots of bench area for meal preparation.
This lovely sunny space directly opens onto a large concrete patio area that extends into the fully fenced pet friendly back garden. Private and peaceful this huge yard has a variety of uses with areas for soft play on grassy verges, level paved entertainment/ BBQ area and of course, plenty of downtime for gardening with handy storage shed.
The two 405sqm allotments have the required frontage for splitting the block to service two individual brand new homes. Given the popularity of this area and proximity to the city, the strong performance for sales of new homes, and high rental rates this would be a feasible re-development to either on-sell or rent the new homes subject to your needs.
Worthy of consideration for all buyers, we urge you to come along to inspect at your earliest opportunity to secure this deal.
*subject to reserve price
For all your home loan needs please get in touch with Christine at Loan Market!
p: 0401 175 490
e: christine.junidar@loanmarket.com.au
w: http://www.loanmarket.com.au/christine-junidar
All information contained here is gathered from sources we consider to be reliable, however we can not guarantee or give any warranty about the information provided and interested parties must solely rely on their own research and enquiry.
Listing description written by Andrew Boman, Ray White Mt Gravatt — reproduced as published, not verified by Districts.
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