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

QLD › Wellington Point › Starkey St

U1, 26 Starkey St, Wellington Point QLD 4160

For saleSemi-detached

$1,080,000

For sale

Asking

3

Bedrooms

2

Bathrooms

3

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,080,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,080,000(Listing record · 20 July 2026)
  • CalculationAsk is 23% below the Wellington Point median recorded sale ($1,405,000, n=83, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Wellington Point's advertised median rent ($741/wk), implied gross yield would be 3.57% — 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

$1,080,000

Asking

No recorded sale for this property.

Wellington Point at a glance

13,238

People

$1,405,000

Median sale

$741/wk

Median rent

2.74%

Suburb gross yield

Median sale from 83 recorded sales (last 12 months) — a Districts calculation.

See the full Wellington Point report →

Vs Wellington Point

-23.1%

Median sale

Suburb $1,405,000

+0.83 pp

Gross yield

Suburb 2.74%

Suburb median $1,405,000 from 83 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,080,000
Stamp Duty (Queensland)
$42,625
Transfer/Registration Fee
$4,438
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
$1,130,763

$50,763 on top of the price (4.7% 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 Wellington Point's advertised median rent — not a rent for this listing.

Net yield
2.07%
Annual cashflow (pre-tax)
$-33,828
Interest cover (DSCR)
0.40
Annual rent
$38,532
Operating expenses
$16,200
Loan amount
$864,000
Annual interest
$56,160
Gross yield
3.57%

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$1,080,000available20 July 2026

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 $741/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 3.6%. 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.

Nearby

Nearby properties

  • 65 Starkey St, Wellington Point QLD 4160
  • 83 Starkey St, Wellington Point QLD 4160
  • 15 Fulbeck Pl, Wellington Point QLD 4160
  • 11 Fulbeck Pl, Wellington Point QLD 4160

Area

Wellington Point in one glance

Wellington Point at a glance

13,238

People

$1,405,000

Median sale

$741/wk

Median rent

2.74%

Suburb gross yield

Median sale from 83 recorded sales (last 12 months) — a Districts calculation.

See the full Wellington Point report →

Keep researching

  • Why Wellington Point? Read the area thesis →
  • What else is on the market in Wellington Point →
  • Other records on Starkey St →

Listing material

Listed by Johnson Real Estate Redland City

Immaculate Duplex - No Body Corporate

One-On-One Inspections are available for this property at a time to best suit you and your schedule.

We are proud to present this stylish low-set Duplex that has been meticulously maintained and presents as new. Internally there is an en-suited master suite which is queen size and has split system air-conditioning and walk-in-robe. The tiled lounge and dining is open plan in design, air-conditioned for comfort and leads to the courtyard. A galley style kitchen has stainless steel appliances and loads of bench and cupboard space for storage.

The other two bedrooms are generous in size and have built-in-robes with ceiling fans. Off the double garage is a purpose built study nook and the separate internal laundry has a private drying court yard. With a north east facing covered alfresco area, entertaining is relaxing and easy. This is an ideal property for those looking at downsizing or looking for a first home.

Read the full description

Conveniently located. Handy to shops, parks and Ormiston Village. Come and enjoy the Bayside lifestyle today!

Note: There is no Body Corporate fees however you do have shared insurance.

Property features include;

:: 3 Bedrooms with all with built-ins

:: Master bedroom with ensuite, walk-in and air conditioning

:: Well appointed main bathroom

:: Generous open-plan living and dining zone finished with sleek tiled flooring and split-system air-conditioning

:: Galley style kitchen with lots of bench space

:: Dedicated study nook

:: Large glass sliding doors providing a seamless transition to the outdoor entertaining areas

:: Private, low-maintenance courtyard and garden

:: Secure double lock up garage

:: Separate single carpark for vistors

:: Solid 182m² allotment offering maximum lifestyle convenience with minimal upkeep.

Location;

:: Conveniently close to local shopping precincts, including Ormiston College, Cleveland Shops, and Capalaba Park Shopping Centre

:: Located within close proximity to quality local schools, including Birkdale South State School and Wellington Point State High School

:: A short drive to local recreation reserves, parklands, and beautiful Bayside foreshores

:: Easy access to local train stations for a streamlined commute to the Brisbane CBD.

From all of us at Johnson Real Estate, we wish you every success in your search for your home. If you would like more detail on this home, or to chat about one of the many other properties we have available, please call or email us today.

Listing description written by JRE Redlands, Johnson Real Estate Redland City — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Fully Fenced
  • Living Areas: 1
  • Remote Garage
  • Secure Parking
  • Study
  • Water Tank
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.