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QLD › Karana Downs › Wales St

7 Wales St, Karana Downs QLD 4306

House

$835,000

Last sold

9 Oct 2025

3

Bedrooms

2

Bathrooms

5

Car spaces

1,465 m²

Land

240 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $835,000 (9 Oct 2025).(Recorded sale)
  • CalculationLand 1,465 m² against a 240 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Karana Downs (last 5 years) with land size: median $629/m² of land (n=145). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$835,000

9 Oct 2025 · derived via latest_sale

Local land rate: recorded House sales in Karana Downs (last 5 years) with land size have a median of $629/m² of land (n=145). Districts calculation from recorded sales — not a valuation.

Karana Downs at a glance

3,889

People

$1,069,500

Median sale

$668/wk

Median rent

3.25%

Suburb gross yield

Median sale from 42 recorded sales (last 12 months) — a Districts calculation.

See the full Karana Downs report →

Vs Karana Downs

-21.9%

Median sale

Suburb $1,069,500

+0.91 pp

Gross yield

Suburb 3.25%

Suburb median $1,069,500 from 42 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$835,0009 Oct 2025
  2. Listedprice unknowncompleted3 Sept 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $668/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Karana Downs in one glance

Karana Downs at a glance

3,889

People

$1,069,500

Median sale

$668/wk

Median rent

3.25%

Suburb gross yield

Median sale from 42 recorded sales (last 12 months) — a Districts calculation.

See the full Karana Downs report →

Keep researching

  • Why Karana Downs? Read the area thesis →
  • What else is on the market in Karana Downs →
  • Other records on Wales St →

Listing material

Listed by Place Karalee

SOLD BY TEAM BISCHOFF

SOLD BY TEAM BISCHOFF

Exceptional Family Residence on a 1465sqm Lot

Set on a generous 1,465SQM block in the peaceful, semi-rural setting of Karara Downs, this solid, circa 1990, brick-and-tile home offers an exceptional opportunity for buyers seeking space, functionality, and future value.

Read the full description

Currently leased at $535 PW until February 2026, this property is an ideal first home or addition to any investment portfolio, with the added bonus of potential for further enhancement. Whether you're looking to renovate over time or simply modernise select areas, the home's strong foundations and well-considered layout make it the perfect canvas.

Inside, you'll find three spacious bedrooms, each featuring air conditioning, built-in robes, and ceiling fans, with the generous main bedroom also boasting a walk-in robe and private ensuite. The expansive open-plan living area is a standout, with soaring cathedral timber-lined ceilings, tiled flooring, and split-system air conditioning that add character and comfort. A dedicated study or home office adds to the property's versatility, while the timber kitchen offers practical charm and functionality, ready to be refreshed or reimagined to suit your style.

Outdoors, the home continues to impress with a large covered entertaining area, perfect for weekend gatherings or quiet evenings. Practical inclusions such as a double air-conditioned garage, a powered 3-car shed with workshop and mezzanine, NBN fibre-to-the-premises, and sustainable features like solar power, septic, and greywater systems ensure the property is as efficient as it is appealing. With its fully fenced yard, concrete driveway, and a family-friendly layout, this home is ready to enjoy now—with exciting scope to elevate its value in the future.

Key Features:

• Brick and tile construction, circa 1990

• Rented until 11/2/2026 @ $535 per Week

• 3 spacious bedrooms, each with Air conditioning, built in robes and ceiling fans, including a generous main bedroom with walk in robe and ensuite

• Expansive open-plan living area with soaring cathedral timber-lined ceilings, tiled flooring, and split-system air conditioning

• Two bathrooms, including a master ensuite with shower, toilet, and heat/exhaust lamps and family bathroom with bath, shower, single vanity, and heat lamps/exhaust fan

• Original timber kitchen equipped with a gas upright stove, rangehood, double sink.

• Dedicated study or home office space

• Well-appointed laundry with linen storage

• Double garage attached to the main house with air conditioning

• Substantial 3 car powered shed, plus workshop and mezzanine storage area

• Large covered outdoor entertaining area, ideal for gatherings and outdoor Living

• Fully fenced yard, providing privacy and security for children and pets

• NBN fibre-to-the-premises and data points throughout the residence

• Concrete driveway

• Sustainable features including solar power system, electric hot water, septic and grey water systems

This property presents a unique opportunity to acquire a spacious, well-equipped family home in a tranquil, family-friendly community with the potential to add your finishing touches. It combines timeless appeal with modern amenities and extensive outdoor space, ideal for both relaxing and entertaining.

For further information or to arrange an inspection, please contact me today.

Rented until 11/2/2026 @ $535 per Week

Council Rates - $542 per QTR

Water Access Charge - $65 per QTR

LOCATION, LOCATION, LOCATION:

An unbeatable location being within a 300 metre stroll to Mount Crosby State School and and a short drive to College's Crossing Parklands, Karana Downs Golf Club, Local Friendly Grocer, Bakery, and other specialty stores. Kookaburra Park and Boat Ramp is only a hop skip and a jump away for family fun-filled weekends and all still an easy commute to both Ipswich and Brisbane CBD's!

Approximate Distance to:

Mount Crosby State School + Kindy - 300 Metres

Colleges Crossing Parkland - 800 Metres

Brisbane River Golf Club and Bistro - 3.2 Kms

Karalee Shopping Precinct - 3.6 Kms

Dinmore Train Park & Ride - 9.8 Kms

Ipswich CBD - 9.7 Kms

RAAF Base - 21 Kms

Brisbane CBD - 30 Kms

Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, Place Karalee will not be held liable for any errors in typing or information. All interested parties should rely upon their own inquiries in order to determine whether or not this information is in fact accurate.

Listing description written by Richard Bischoff, Place Karalee — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Living Areas: 1
  • Outdoor Entertaining
  • Reverse Cycle Aircon
  • Secure Parking
  • Shed
  • Solar Panels
  • Study
  • Toilets: 2
  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.