Toowong at a glance
14,372
People
$1,910,000
Median sale
$735/wk
Median rent
2.00%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
QLD › Toowong › Grove Cres
$8,250,000
Last sold
14 Nov 2025
9
Bedrooms
4
Bathrooms
0
Car spaces
5,711 m²
Land
737 m²
Building
Districts View
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
$8,250,000
14 Nov 2025 · derived via latest_sale
Local land rate: recorded House sales in Toowong (last 5 years) with land size have a median of $3,109/m² of land (n=26). Districts calculation from recorded sales — not a valuation.
Toowong at a glance
14,372
People
$1,910,000
Median sale
$735/wk
Median rent
2.00%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Vs Toowong
+331.9%
Median sale
Suburb $1,910,000
-1.54 pp
Gross yield
Suburb 2.00%
Suburb median $1,910,000 from 26 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 $735/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Toowong at a glance
14,372
People
$1,910,000
Median sale
$735/wk
Median rent
2.00%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Place New FarmSet atop 5,711sqm in one of Toowong's most prestigious hilltop enclaves, Goldicott House is a landmark residence of rare architectural pedigree and historical resonance. Built c.1885 and later expanded to serve as Mount St Mary's Convent, this substantial estate offers over 737sqm of under-roof space across an extraordinary nine-bedroom layout, with four bathrooms, formal entertaining rooms, and multiple living zones framed by wraparound verandahs and commanding vistas.
Goldicott House is offered with a concept masterplan by Cavill Architects, reimagining the site into a world-class residence that seamlessly integrates heritage character with visionary contemporary design. This rare opportunity to steward one of Brisbane's most significant private estates invites both preservation and transformation (STCA).
Constructed in in-situ concrete – a remarkably early and rare domestic use of the material – the original homestead stands as a testament to 19th-century craftsmanship. Grand formal rooms with marble and cast-iron fireplaces, soaring ceilings and heritage joinery open to deep verandahs that embrace the subtropical lifestyle and frame views of the Brisbane skyline and distant ranges.
The two-storey rear wing, added circa 1918, introduces further accommodation and flexibility, including a lower-level suite with private access, multiple bedrooms suited for guests or multigenerational living, and expansive casual living and dining areas. A recently updated kitchen, large laundry, and multiple bathrooms provide functional amenity, while preserved features such as original staircases, wide hallways and enclosed verandahs offer a canvas for sympathetic restoration.
Outside, the estate grounds are equally impressive: a tree-lined drive, formal gardens, terraced lawns, and mature jacarandas encapsulate a bygone era. There is secure parking, veggie gardens, and ample room for further landscaping or future enhancements.
Features include:
• Landmark 1880s estate on 5,711sqm and 737sqm total under roof
• Heritage-listed residence with nine-bedrooms + four-bathrooms
• Formal lounge, dining, and family rooms with fireplaces
• Recently updated kitchen, plus secondary kitchen and large laundry
• Wide verandahs with views to city and mountains
• Wraparound gardens, lawns, veggie beds and mature trees
• CCTV, smoke alarms, new hot water system, fire compliance
• Architectural concept masterplan by Cavill Architects (STCA)
Located just 5km from the CBD and moments to Brisbane Boys' College, Toowong Village, and riverfront parklands, Goldicott is positioned for both prestige and convenience.
Top offers unless sold prior.
Listing description written by Heath Williams, Place New Farm — reproduced as published, not verified by Districts.