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QLD › Balmoral › Riding Rd

U1, 285 Riding Rd, Balmoral QLD 4171

For saleTownhouse

$1,150,000

For sale

Asking

3

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,150,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,150,000(Listing record · 22 June 2026)
  • CalculationAsk is 53% below the Balmoral median recorded sale ($2,437,500, n=26, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Balmoral's advertised median rent ($743/wk), implied gross yield would be 3.36% — 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

$1,150,000

Asking

No recorded sale for this property.

Balmoral at a glance

4,528

People

$2,437,500

Median sale

$743/wk

Median rent

1.59%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Balmoral report →

Vs Balmoral

-52.8%

Median sale

Suburb $2,437,500

+1.77 pp

Gross yield

Suburb 1.59%

Suburb median $2,437,500 from 26 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,150,000
Stamp Duty (Queensland)
$46,650
Transfer/Registration Fee
$4,764
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
$1,205,114

$55,114 on top of the price (4.8% 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 Balmoral's advertised median rent — not a rent for this listing.

Net yield
1.86%
Annual cashflow (pre-tax)
$-38,414
Interest cover (DSCR)
0.36
Annual rent
$38,636
Operating expenses
$17,250
Loan amount
$920,000
Annual interest
$59,800
Gross yield
3.36%

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$1,150,000available22 June 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 $743/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 3.4%. 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

Balmoral in one glance

Balmoral at a glance

4,528

People

$2,437,500

Median sale

$743/wk

Median rent

1.59%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Balmoral report →

Keep researching

  • Why Balmoral? Read the area thesis →
  • What else is on the market in Balmoral →
  • Other records on Riding Rd →

Listing material

Listed by Metrocity Realty

RARE FREESTANDING TOWNHOUSE IN LEAFY POSITION

Positioned in the heart of one of Brisbane's most sought-after lifestyle suburbs, this executive townhouse presents an outstanding opportunity to secure a spacious, low-maintenance residence just moments from the vibrant Oxford Street precinct. Offering an ideal combination of modern comfort, generous proportions and exceptional convenience, this beautifully appointed home is perfectly suited to professionals, couples, young families and downsizers seeking a premium Balmoral address. Set within a secure boutique complex, the property showcases multiple living zones, quality finishes and a private courtyard, delivering the perfect balance of indoor and outdoor living in an enviable location.

Property Details

- Three generously sized bedrooms, all featuring built-in wardrobes, ceiling fans and air conditioning

Read the full description

- Spacious master suite complete with walk-in wardrobe, private ensuite and leafy balcony

- Well-appointed main bathroom featuring a full-sized bathtub

- Air-conditioned open-plan living and dining area providing year-round comfort

- Polished timber floorboards throughout the lower living spaces, creating warmth and character

- Contemporary kitchen featuring granite benchtops, gas cooktop, dishwasher and ample storage

- Seamless connection between indoor living spaces and the private courtyard

- Private outdoor entertaining area ideal for relaxing, dining or hosting family and friends

- Additional powder room conveniently located on the lower level

- Internal laundry facilities

- Single remote-controlled lock-up garage with valuable internal access

- Thoughtfully designed floorplan offering excellent separation between living and bedroom zones

- Abundance of natural light and cooling breezes throughout

Complex Details

- Well-maintained complex with a small number of residences

- Predominantly owner-occupied community atmosphere

- Low-maintenance living with minimal upkeep requirements

- Convenient visitor parking nearby

- Walking distance to the renowned Oxford Street dining, café and entertainment precinct

- Easy access to cinemas, boutique shopping, supermarkets and everyday amenities

- Close proximity to public transport options connecting to the Brisbane CBD

- Located within one of Brisbane's most tightly held and highly desirable riverside suburbs

- Minutes from parks, walking paths and recreational facilities

- Approximately 5km from Brisbane CBD, offering an easy commute to the city

Offering the ultimate blend of lifestyle, convenience and modern living, this impressive townhouse represents a rare opportunity to secure a quality home in the heart of Balmoral. With Oxford Street's vibrant café and dining scene at your doorstep and every amenity within easy reach, this is a property that delivers both exceptional livability and long-term appeal. Properties in this location are always in high demand, so act quick!

** Photos have been digitally enhanced to remove some of the tenants belongings

Listing description written by Ben Jackson, Metrocity Realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Courtyard
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Toilets: 3
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.