Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

QLD › Eight Mile Plains › Malbon St

Lot 63/56 Malbon St, Eight Mile Plains QLD 4113

For saleHouse

$850,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

600 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $850,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $850,000(Listing record · 30 Apr 2021)
  • FactLand 600 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Eight Mile Plains (last 5 years) with land size: median $2,410/m² of land (n=62). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 50% below the Eight Mile Plains median recorded sale ($1,710,000, n=36, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Eight Mile Plains's advertised median rent ($681/wk), implied gross yield would be 4.17% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

The ask against the evidence

Asking

$850,000

Asking · $1,417/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Eight Mile Plains (last 5 years) with land size have a median of $2,410/m² of land (n=62). Districts calculation from recorded sales — not a valuation.

Eight Mile Plains at a glance

16,632

People

$1,710,000

Median sale

$681/wk

Median rent

2.07%

Suburb gross yield

Median sale from 36 recorded sales (last 12 months) — a Districts calculation.

See the full Eight Mile Plains report →

Vs Eight Mile Plains

-50.3%

Median sale

Suburb $1,710,000

+2.10 pp

Gross yield

Suburb 2.07%

Suburb median $1,710,000 from 36 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$850,000
Stamp Duty (Queensland)
$31,275
Transfer/Registration Fee
$3,368
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$888,343

$38,343 on top of the price (4.5% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Eight Mile Plains's advertised median rent — not a rent for this listing.

Net yield
2.67%
Annual cashflow (pre-tax)
$-21,538
Interest cover (DSCR)
0.51
Annual rent
$35,412
Operating expenses
$12,750
Loan amount
$680,000
Annual interest
$44,200
Gross yield
4.17%

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.

Open the full yield calculator →

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. Listed$850,000available30 Apr 2021

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 $681/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

Gross yield if leased at the suburb aggregate is 4.2%. 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

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

Eight Mile Plains in one glance

Eight Mile Plains at a glance

16,632

People

$1,710,000

Median sale

$681/wk

Median rent

2.07%

Suburb gross yield

Median sale from 36 recorded sales (last 12 months) — a Districts calculation.

See the full Eight Mile Plains report →

Keep researching

  • Why Eight Mile Plains? Read the area thesis →
  • What else is on the market in Eight Mile Plains →
  • Other records on Malbon St →

Listing material

Listed by RE/MAX Community

A rare opportunity to secure a brand new and luxury home in the hot location in Eight Mile Plains!

Lot 63, 56 Malbon ST, Eight Mile Plains, is a new block land which has been created after demolishing and subdivision the previous more than 40 years old large family home on 56 Malbon St, Eight Mile Plains. This land is very flat and in high position, situated at a super convenient location in Eight Mile Plains. The new home will be built by quality home builder - Logan Design and Construction Pty Ltd. A beautiful brand new home your family to enjoy .

The block land size is 600 sqm, with17.22 metre width and 34.86 metre depth; the new home building area is approx. 280 sqm. This modern and luxury low set residence will have 4 bedrooms, 2 bathrooms, three living areas including entertainment area, activity room & large family room, plus double garage and outdoor living.

The luxury finishes are including super modern kitchen with top range stone bench top, stainless steel for kitchen compliance, 2.7 m high ceiling through all interior area, ducted air conditioning, polished large tiles, fully tiled bathrooms ....

Read the full description

This is a house and Land package. Land price is $480,000, house building price is $370,000, land contract and house building contract will be signed separately on the same day; The land subdivision construction and title registration (including a new street from connect Malbon Street to lot 63 , and water and electricity connection) will be completed and the land will be ready for building approx. in Sep 2021. During current super busy building industry in Queensland, the new home shall need approx . 8 months to be completed.

Cost payment :

1. Land price is $480,000, 10% payable on signing up the land contract. Land cost balance will need to be paid on land settlement date (approx. Sep 2021)

2. House building cost will be paid by 5 instalments according to the building process.

This is a rear opportunity to have a beautiful luxury new home in Eight Mile Plains!

Great location for your family and long term investment :

• Walking distance to Sunnybank and Eight Mile Plains Shopping Center

• Walking distance to local large council park land

• Walking distance to local sports center and many play grounds

• Short distance to Brisbane city council bike way

• Within 5 minutes' drive to Westfield Garden City

• Within 10 minutes' drive to Griffith university

• Within 10 minutes' drive to QE2 hospital

• Short distance to Warrigal Road primary school

• Easy and quick access to Freeway and Motor way, 20 minutes to Brisbane City

• Approx. 25 minutes to Brisbane Airport, approx. 50 minutes to Gold Coast

Act today ! Please call Cathy Cheng at RE/MAX Community Realty 0422 386868 for any enquiries.

Please note: While all reasonable care has been taken in producing this information, I do not warrant the accuracy, completeness or currency of this information and I accepts no responsibility for, or in connection with, any loss of damage suffered as a result of any inaccuracies, errors or omissions, or your reliance on this information. Government grant are subject to eligibility criteria and the buyer needs to do their own due diligence in relation to these.

Listing description written by Cathy Cheng, RE/MAX Community — reproduced as published, not verified by Districts.

Also look at

Also for sale in Eight Mile Plains

  • 28/407 Warrigal Rd, Eight Mile Plains QLD 4113

    3-bed townhouse. Asking $900K.

    For sale
  • U74, 5 Arkose St, Eight Mile Plains QLD 4113

    3-bed townhouse. Asking $799K.

    For sale
  • 5 Brampton St, Eight Mile Plains QLD 4113

    0-bed land for sale. Currently listed.

    For sale
  • 4 Nardie St, Eight Mile Plains QLD 4113

    4-bed house for sale. Currently listed.

    For sale
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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