Red Hill at a glance
6,603
People
$2,310,000
Median sale
$667/wk
Median rent
1.50%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
QLD › Red Hill › Arthur Tce
$889,600
Last sold
10 Sept 2020
4
Bedrooms
3
Bathrooms
3
Car spaces
607 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
$889,600
10 Sept 2020 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Red Hill (last 5 years) with land size have a median of $4,231/m² of land (n=60). Districts calculation from recorded sales — not a valuation.
Red Hill at a glance
6,603
People
$2,310,000
Median sale
$667/wk
Median rent
1.50%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Vs Red Hill
-61.5%
Median sale
Suburb $2,310,000
+2.40 pp
Gross yield
Suburb 1.50%
Suburb median $2,310,000 from 22 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 $667/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
Red Hill at a glance
6,603
People
$2,310,000
Median sale
$667/wk
Median rent
1.50%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White West EndIn-Rooms Auction
Location: 5/156 Boundary St, West End
Thursday 14th September 2023 @ 11am
607SQM TRI-UNIT HOUSE 3KM FROM THE CBD
Welcome to 1-3/82 Arthur Terrace, Red Hill. Situated a mere 3km from the CBD within a highly coveted locale, this property rests on a 607sqm block, presenting an ideal opportunity for astute investors and homeowners alike.
Comprising two distinct 1-bedroom apartments at the front and a 2-bedroom plus study cottage at the rear, this property provides a multitude of options for residents or lessees, accommodating diverse preferences. Units 1 and 2 have undergone extensive refurbishment, while the cottage has been updated with new kitchen, flooring, aircon and hot water system with further potential for augmentation and enhancements, promising an avenue to elevate rental returns. All three units are currently rented and will provide the new owner with generous rental returns and long-term capital growth.
Each apartment offers a generously proportioned bedroom with an attached ensuite, coupled with an open-concept kitchen and living area adorned with premium-grade flooring. Notably, Unit 1 features its own private balcony and is equipped with a split-system air conditioning unit. The cottage showcases an expansive primary bedroom and living space, accompanied by a second bedroom, office, kitchen, and access to an expansive private courtyard nestled at the rear of the property. All three residences enjoy the convenience of covered parking spaces as well as additional off-street parking provisions.
The sought-after inner-city setting ensures a constant influx of potential tenants, bolstered by an array of local attractions. Take a brief drive to nearby shopping, entertainment, and dining enclaves such as Caxton St, The Barracks, Rosalie, and Suncorp Stadium or stroll to the Red Hill cinemas. Exceptional public transportation facilitates easy access to the CBD and Southbank, while nearby arterial roads facilitate seamless journeys to key destinations within Brisbane.
Don't miss out on the chance to own this unique property In the exceedingly desirable locale of Red Hill.
For more information or to arrange an inspection contact Michael Nolan or Adam Edwards!
Listing description written by Michael Nolan, Ray White West End — reproduced as published, not verified by Districts.