Herston at a glance
2,909
People
$1,350,000
Median sale
$628/wk
Median rent
2.42%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
$790,000
Last sold
21 July 2018
4
Bedrooms
3
Bathrooms
1
Car spaces
511 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
$790,000
21 July 2018 · derived via latest_sale
Local land rate: recorded House sales in Herston (last 5 years) with land size have a median of $2,943/m² of land (n=18). Districts calculation from recorded sales — not a valuation.
Herston at a glance
2,909
People
$1,350,000
Median sale
$628/wk
Median rent
2.42%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
Vs Herston
-41.5%
Median sale
Suburb $1,350,000
+1.71 pp
Gross yield
Suburb 2.42%
Suburb median $1,350,000 from 9 recorded sales (last 24 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 $628/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
Herston at a glance
2,909
People
$1,350,000
Median sale
$628/wk
Median rent
2.42%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Aurora Property NewmarketLocated in a quiet street surrounded by parklands, this post war family home provides all the benefits of inner city living while maintaining the relaxed atmosphere of a suburban environment.
The first floor of the home has three sizeable bedrooms complete with built-in wardrobes and ceiling fans, with the addition of an ensuite in the master room. This level also has a family bathroom with separate toilet. Heading further into the house will lead you to the open plan kitchen and separate dining area that overlooks a sunken living room. The kitchen provides abundant bench and cabinet space, and the comfortable lounge room is perfect for family nights in.
Beautiful timber French doors open out from the living room onto the massive back deck. Cooled by breezes in summer and warmed by the sun in winter, it is ideal for morning coffees, outdoor meals and entertaining guests. The deck looks out over the spacious yet easily maintainable backyard giving you a grandstand view across Rasey Park at the southern yard boundary and lots of space for the kids.
The ground floor of the home includes a lock up garage, laundry, separate toilet and a large fourth room. The living space downstairs has unlimited options as it is self-contained with a lockable separate entrance and private bathroom facilities. The ground floor outside area is covered at the rear of the home, another excellent space for entertaining guests and enjoying quality time in the fresh air.
With its stellar location, just 4.5 kms from Brisbane City and on the direct northern cycle route, this house has the location that ticks every box. Homezone, a short walk away and the newly upgraded Newmarket Shopping and Dining Precinct are only a short drive, while Kelvin Grove State College and QUT are within easy walking distance. Take advantage of proximity to the Kelvin Grove Urban Village to enjoy the Saturday Farmers Markets and few minutes' walk across Rasey Park is Northey Street Markets every Sunday. With access to the tunnels via Herston Road, you'll also have an easy excuse for a weekend trip up or down the coast! The public transport available in Herston will give you access to anywhere in the CBD if you are not tempted to walk or cycle.
If that's not enough to convince you, living in Herston will put you in position to take advantage of new developments bringing Brisbane into the forefront of inner-city living. The Herston Quarter Health Precinct will provide a private hospital, rehabilitation centre and residential aged care (among many other benefits), putting you on the doorstep of world-class healthcare options. The Brisbane Metro project will make the local public transport even better, with a direct route to the CBD that avoids the need to travel on congested roads during peak hours. All this and more makes Herston a suburb that should be on top of the list for any family looking for a modern inner-city lifestyle.
If you think this might be the Place for you, book an inspection today: you won't regret it!
**This property is being sold by auction or without a price and therefore a price guide can not be provided The website may have filtered the property into a price bracket for website functionality purposes**.
Listing description written by Mario Sultana, Aurora Property Newmarket — reproduced as published, not verified by Districts.