Banyo at a glance
6,687
People
$1,233,000
Median sale
$706/wk
Median rent
2.98%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
QLD › Banyo › Mellifont St
$1,200,000
For sale
Asking
5
Bedrooms
2
Bathrooms
2
Car spaces
582 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
Asking
$1,200,000
Asking · $2,062/m² of land
No recorded sale for this property.
Banyo at a glance
6,687
People
$1,233,000
Median sale
$706/wk
Median rent
2.98%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Banyo
-2.7%
Median sale
Suburb $1,233,000
+0.08 pp
Gross yield
Suburb 2.98%
Suburb median $1,233,000 from 40 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$58,222 on top of the price (4.9% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Banyo's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $706/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.
Gross yield if leased at the suburb aggregate is 3.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
Banyo at a glance
6,687
People
$1,233,000
Median sale
$706/wk
Median rent
2.98%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White BanyoThis well appointed family home offers generous proportions, modern comforts, and excellent lifestyle appeal, positioned privately in the corner of a quiet street.
Designed for relaxed family living and entertaining, the home features five bedrooms, an expansive living zone, and an additional study/rumpus room. The open plan living, dining & kitchen area flows through to the back outdoor space with an adjoining entertaining hut, making it the perfect space for recreation or informal gatherings. The property is enhanced by an in-ground swimming pool, creating a perfect setting for summer enjoyment.
At the heart of the home is a modern, well proportioned kitchen featuring a large stove, extensive breakfast bar, and ample space for a full-sized refrigerator, perfectly suited to both everyday living and entertaining.
The entire home presents an excellent opportunity for further renovation and value enhancement, with a rarely found 5 bedroom lowset home as the canvas.
Additional features include a low maintenance yard with no lawn to mow, offering easy care living. The property is also well suited to families or investors seeking convenience, with close proximity to public transport, major arterial roads, and nearby university access.
Key Features:
• 5 bedrooms, including master with ensuite
• Large living & dining area
• Modern, spacious kitchen with breakfast bar
• In ground swimming pool
• Outdoor entertaining hut
• Air Conditioning in open plan living space and 1 bedroom
• Ceiling fans throughout
• Tiled flooring
• Security screens
• Low maintenance yard with no grass to maintain
• Private position at the end of a quiet street
• Close to transport, major roads, and university
A substantial family home offering space, privacy, and lifestyle flexibility with strong potential to further enhance.
Lifestyle and Location:
Just a short stroll from Banyo train station and local cafes, shops and amenities, this residence provides exceptional walkability and everyday convenience. Popular attractions such as Chermside Shopping Centre, Nudgee Beach, the Jim Soorley bikeway and nearby waterfront walking tracks are all within easy reach.
Families will appreciate the desirable school catchment zones, including Earnshaw State College and St Pius Catholic School, with close proximity to esteemed private schools such as St Joseph's, St Patrick's, Mary MacKillop and Padua College. The Australian Catholic University's international campus is also conveniently located within walking distance.
Looking for a home loan? Contact Loan Market's Wayne Kennedy, our preferred broker. He doesn't work for the banks, he works for you. Call him on 0452 008 920 or visit https://broker.loanmarket.com.au/loan-market-nundah/
Disclaimer: Some images in this listing have been digitally staged using artificial intelligence to illustrate the property's potential. Furniture and decor are not included in the sale.
All information contained herein is gathered from sources we consider to be reliable, however we cannot guarantee or give any warranty to the information provided.
For more information or to arrange an inspection, please contact Renee Rennie 0410 324 230 or Kelly Scott-Brown 0437 527 609.
Listing description written by Renee Rennie, Ray White Banyo — reproduced as published, not verified by Districts.