Karalee at a glance
6,042
People
$1,175,000
Median sale
$670/wk
Median rent
2.97%
Suburb gross yield
Median sale from 53 recorded sales (last 12 months) — a Districts calculation.
QLD › Karalee › South Queensborough Pde
$700,000
Last sold
7 Oct 2025
3
Bedrooms
1
Bathrooms
6
Car spaces
1,442 m²
Land
144 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
$700,000
7 Oct 2025 · 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 53 recorded sales (last 12 months) — a Districts calculation.
Vs Karalee
-40.4%
Median sale
Suburb $1,175,000
+2.01 pp
Gross yield
Suburb 2.97%
Suburb median $1,175,000 from 53 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
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
Karalee at a glance
6,042
People
$1,175,000
Median sale
$670/wk
Median rent
2.97%
Suburb gross yield
Median sale from 53 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by NGU Real Estate BrassallWelcome to 66 South Queensborough Parade, Karalee – a property that combines character, modern updates, and exceptional potential. Whether you're a first home buyer, investor, or family seeking space to create your dream home, this versatile residence delivers lifestyle, comfort, and value.
From the quaint front porch with its cottage appeal, the home opens to an expansive living and dining area, complete with Mitsubishi air-conditioning and ceiling fans for year-round comfort. The modern kitchen features a stainless-steel dishwasher, gas cooktop/oven, and ample storage, while the adjoining internal laundry provides further storage and direct outdoor access.
The living area flows seamlessly to a large covered rear patio, perfect for entertaining or relaxing in your private backyard retreat. Accommodation includes three well-sized bedrooms with built-in robes, ceiling fans, and security screens. The master is wired for TV and offers scope to expand under the existing structure—ideal for creating a private ensuite retreat. The family bathroom includes a separate shower, bath, and toilet, enhanced by energy-efficient skylights. Adding flexibility, the rear of the property includes a teenager's retreat or additional living quarters, complete with its own toilet and vanity.
Outdoors, the expansive 1,442m² fully fenced flat block is quintessentially Australian, featuring a Hills Hoist, plenty of room for kids and pets, and even space for hobby farming.
Car accommodation is outstanding, with 3m side access, a huge powered double-door shed, and an additional three-car carport—comfortably housing up to five cars plus a caravan. Animal enthusiasts will also appreciate the aviary and chook shed.
Additional Features:
• Recently repainted and tiled throughout for easy maintenance
• Security screens
• Rheem gas hot water system and solar panels
• Peaceful covered outdoor entertaining area
• Quiet cul-de-sac location just 250m from Blue Gum Reserve & sports grounds
Rental Appraised: $630.00 - $650.00 per week
Ipswich City Council Rates: $439.10 per quarter
Location:
Positioned in one of Ipswich's most desirable lifestyle suburbs, this home is close to Karalee Shopping Village, schools, sporting clubs, and the Warrego Highway for an easy commute to Brisbane or Ipswich CBD. With major shopping, medical, and dining facilities nearby, it offers both convenience and a relaxed riverside lifestyle.
This is a truly unique opportunity—a character-filled home on a sprawling block with endless potential to add value. Perfect as a rental investment, your first home, or a family residence to make your own.
For more information or to arrange an inspection, contact Laney McQueen today.
Disclaimer:
NGU Real Estate has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.
Listing description written by Laney McQueen, NGU Real Estate Brassall — reproduced as published, not verified by Districts.
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