Kelvin Grove at a glance
9,724
People
$1,520,000
Median sale
$641/wk
Median rent
2.19%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
QLD › Kelvin Grove › Eureka St
$1,420,000
Last sold
7 July 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
405 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
$1,420,000
7 July 2026 · derived via latest_sale
Local land rate: recorded House sales in Kelvin Grove (last 5 years) with land size have a median of $3,605/m² of land (n=53). Districts calculation from recorded sales — not a valuation.
Kelvin Grove at a glance
9,724
People
$1,520,000
Median sale
$641/wk
Median rent
2.19%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Kelvin Grove
-6.6%
Median sale
Suburb $1,520,000
+0.16 pp
Gross yield
Suburb 2.19%
Suburb median $1,520,000 from 13 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 $641/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
Kelvin Grove at a glance
9,724
People
$1,520,000
Median sale
$641/wk
Median rent
2.19%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by NS PropertiesPositioned on a low maintenance 405sqm block in the heart of Kelvin Grove, this versatile property offers immediate holding income, flexible living configurations, and exciting future potential, all less than 1km from the proposed Olympic Stadium precinct and only minutes to the Brisbane CBD.
Currently configured as two separately leased residences, the property comprises:
• Upstairs: 3 bedroom, 1 bathroom residence with lounge, dining and kitchen, currently returning $750 per week
• Downstairs: Fully self contained studio apartment with kitchen, bathroom, lounge and bedroom space, previously rented at $500 per week
The property is ideally suited to investors seeking strong dual-income returns, owner occupiers looking for flexible living arrangements, or buyers exploring the site's long-term potential.
Situated within the Character Residential, Infill Housing precinct and the Ithaca District Neighbourhood Plan, the property may offer scope for renovation, rebuild or boutique redevelopment outcomes, subject to Brisbane City Council approval. The existing post-war dwelling is not heritage listed and may be removed.
Council discussions have indicated there may be potential to explore dual occupancy or townhouse style redevelopment outcomes through an impact assessable application process; however, buyers are encouraged to undertake their own due diligence and seek independent town planning advice regarding any future development opportunities.
A standout feature of the property is the valuable rear access/service road connection, providing additional functionality and flexibility for future planning and design outcomes.
Additional features include:
• Low maintenance inner city allotment
• Polished timber floors throughout upstairs
• Open plan living and dining
• Large kitchen with gas cooking
• Renovated upstairs bathroom
• Additional bathroom and laundry downstairs
• Separate fully lockable downstairs accommodation
• Double side by side rear carport
• Secure front patio and rear verandah
The location is second to none:
• Approx. 500m to QUT Kelvin Grove
• Walking distance to Kelvin Grove Urban Village
• Close to schools, colleges and Royal Brisbane Hospital
• Easy access to public transport, bike paths and the CBD
• Minutes to major Olympic infrastructure and lifestyle precincts
This represents a unique opportunity for investors, land bank buyers, renovators, or those looking to secure a premium inner-city position with long term upside in one of Brisbane's strongest performing lifestyle suburbs. For more information or arrange your viewing please call Nicholas Stankiewicz 0421 579 861.
Listing description written by Nicholas Stankiewicz, NS Properties — reproduced as published, not verified by Districts.