Petrie at a glance
9,226
People
$1,022,500
Median sale
$632/wk
Median rent
3.21%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
QLD › Petrie › Relesah Dr
$1,049,000
For sale
Asking
4
Bedrooms
2
Bathrooms
2
Car spaces
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
$1,049,000
Asking
No recorded sale for this property.
Petrie at a glance
9,226
People
$1,022,500
Median sale
$632/wk
Median rent
3.21%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
Vs Petrie
+2.6%
Median sale
Suburb $1,022,500
-0.08 pp
Gross yield
Suburb 3.21%
Suburb median $1,022,500 from 68 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$48,842 on top of the price (4.7% 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 Petrie'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 $632/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
Petrie at a glance
9,226
People
$1,022,500
Median sale
$632/wk
Median rent
3.21%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Pinnacle - AspleyIf you've been searching for a spacious family home that's been tastefully updated and is ready for you to move straight into, then 7 Relesah Drive, Petrie deserves your immediate attention.
Positioned on a generous 947m² block, this solid brick home has recently undergone quality renovations, including a stunning new kitchen and bathrooms, new fencing, and new roof gutters. With the owners highly motivated to achieve a sale, this is an outstanding opportunity for buyers looking for value in a sought-after location.
Designed for comfortable family living and effortless entertaining, the home offers multiple living areas, four bedrooms, modern finishes throughout, and a fantastic outdoor entertaining area overlooking the sparkling saltwater pool.
Property Features:
• Solid brick construction on a generous 947m² block
• Four bedrooms, all with ceiling fans and built-ins
• Master suite featuring air-conditioning, ceiling fan, built-in robes and ensuite
• Sunken lounge with air-conditioning, ceiling fan and plantation shutters
• Renovated kitchen with stone benchtops, induction cooktop, rangehood, tiled splashback, custom-built microwave and oven, pantry, and soft-close cabinetry
• Separate family/dining area with split-system air-conditioning and skylight
• Renovated main bathroom with niche shower
• Hybrid timber flooring throughout the living areas with carpeted bedrooms
• Large covered outdoor entertaining area
• Sparkling chlorinated saltwater swimming pool with lighting
• 3.3kW Solar power system, Separate laundry
• New fencing, Garden shed
• Single lock-up garage plus carport
• Electric hot water system, NBN connected
• Available for immediate possession
Location Highlights:
Conveniently located within easy walking or short driving distance to local IGA and Woolworths shopping, daycare centres, parklands, lakes, walking tracks, public transport including bus and train, quality schools, university facilities and with easy motorway access, this home offers the perfect combination of lifestyle and convenience.
Whether you're upsizing, investing or purchasing your forever family home, this beautifully renovated property offers exceptional value in one of Petrie's most convenient locations.
The owners are committed to selling and welcome your inspection. Don't miss this fantastic opportunity — contact The Lolit Bumanlag Team today to arrange your viewing.
Listing description written by Lolit Bumanlag, Harcourts Pinnacle - Aspley — reproduced as published, not verified by Districts.