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

QLD › Ferny Grove › Mcginn Rd

U1, 78 Mcginn Rd, Ferny Grove QLD 4055

For saleTownhouse

$1,380,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

212 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,380,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,380,000(Listing record · 11 May 2026)
  • CalculationAsk is 2% above the Ferny Grove median recorded sale ($1,353,606, n=34, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Ferny Grove's advertised median rent ($718/wk), implied gross yield would be 2.71% — 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

$1,380,000

Asking · $6,509/m² of land

No recorded sale for this property.

Ferny Grove at a glance

6,331

People

$1,353,606

Median sale

$718/wk

Median rent

2.76%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Ferny Grove report →

Vs Ferny Grove

+1.9%

Median sale

Suburb $1,353,606

-0.05 pp

Gross yield

Suburb 2.76%

Suburb median $1,353,606 from 34 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,380,000
Stamp Duty (Queensland)
$59,875
Transfer/Registration Fee
$5,835
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
$1,449,410

$69,410 on top of the price (5.0% 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 Ferny Grove's advertised median rent — not a rent for this listing.

Net yield
1.21%
Annual cashflow (pre-tax)
$-55,124
Interest cover (DSCR)
0.23
Annual rent
$37,336
Operating expenses
$20,700
Loan amount
$1,104,000
Annual interest
$71,760
Gross yield
2.71%

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$1,380,000available11 May 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 $718/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 2.7%. 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

Ferny Grove in one glance

Ferny Grove at a glance

6,331

People

$1,353,606

Median sale

$718/wk

Median rent

2.76%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Ferny Grove report →

Keep researching

  • Why Ferny Grove? Read the area thesis →
  • What else is on the market in Ferny Grove →
  • Other records on Mcginn Rd →

Listing material

Listed by NS Properties

Luxury Townhomes Designed for the Way You Live

Welcome to Nicola Place, an exclusive collection of just twelve architecturally designed Hampton-style terrace homes that combine timeless architecture with modern family living. Nestled in one of Brisbane's most desirable family suburbs, this boutique development enjoys an enviable position backing directly onto acres of permanently protected environmental reserve. The result is a truly unique lifestyle, where expansive natural surrounds, complete privacy and uninterrupted green outlooks create a peaceful sanctuary, all while remaining moments from every convenience Ferny Grove has to offer!

Thoughtfully crafted with timeless coastal inspired architecture, generous proportions and premium finishes throughout, Nicola Place offers the rare opportunity to enjoy the space and comfort of a traditional home without the maintenance. Whether you're upsizing, downsizing or seeking a quality investment, these beautifully designed residences deliver an exceptional lifestyle within a boutique community.

This architecturally designed development has been thoughtfully created with modern families in mind. Featuring a carefully considered mix of detached and attached residences, Nicola Place embraces individuality through varied setbacks, building forms and architectural detailing, creating a streetscape rich in depth, character and visual appeal. Beautifully landscaped gardens, private courtyards, generous alfresco entertaining areas and elevated balconies further enhance the lifestyle on offer while providing privacy and seamless indoor outdoor living.

Read the full description

Inside, residences have been intelligently designed to maximise natural light, space and functionality. Expansive open-plan living areas with high ceilings flow effortlessly to generous entertaining terraces, while designer kitchens, multiple living zones and spacious bedroom accommodation provide the flexibility today's family's desire. Every home has been thoughtfully planned to deliver both everyday practicality and timeless elegance.

Property Features:

• Exclusive collection of just 12 architecturally designed residences (anticipated completion August 2027)

• Boutique community with low body corporate fees

• Spacious three bedroom plus study floorplans

• Designer kitchens with stone benchtops, premium appliances and generous island benches

• Multiple living zones including a dedicated multipurpose room

• Luxurious master suites with walk in robes and beautifully appointed ensuites

• 2.5 bathrooms with premium fixtures and finishes

• Covered entertaining terraces designed for year-round living

• Remote garage with internal access

• Premium coastal inspired interiors with quality flooring and designer lighting

• Landscaped private courtyards and gardens (selected residences)

• Low maintenance lifestyle without compromising on space

Offering a selection of thoughtfully designed layouts ranging from approximately 212sqm, Nicola Place provides a residence to suit every stage of life.

A Location You'll Love:

Perfectly positioned in the heart of Ferny Grove, Nicola Place places everyday convenience right at your doorstep. Enjoy an easy walk to Ferny Grove Train Station, the new Ferny Grove Central precinct featuring a cinema, supermarkets, cafés, medical services and specialty retailers, along with local schools, parklands and sporting facilities. Brisbane CBD is within easy commuting distance, while nearby Samford Village, beautiful bushwalking trails and renowned mountain bike tracks offer the perfect balance of urban convenience and outdoor recreation. It's a location that combines lifestyle, connectivity and community, making Ferny Grove one of Brisbane's most desirable places to call home.

Invest in Brisbane's Future, Secure Your Opportunity Today:

With Brisbane preparing to host the 2032 Olympic and Paralympic Games, the city is entering an exciting period of growth, investment and infrastructure development. Ferny Grove offers buyers the opportunity to secure property now and be positioned for Brisbane's long-term future. As demand continues to build across well-connected Brisbane locations, now could be the time to act rather than wait and risk paying more later. Buy today, invest for tomorrow, and position yourself to benefit from Brisbane's journey towards 2032 and beyond.

Combining timeless architecture, exceptional craftsmanship and an unbeatable location, Nicola Place represents a rare opportunity to secure a brand-new residence that will stand the test of time.

Nicola Place isn't simply somewhere to live... It's a place to feel at home.

Disclaimer: We have in preparing this information used our best endeavors to ensure that the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own enquiries to verify the information contained herein.

Artist's Impression: All images are artist's impressions created for marketing purposes only and are intended to provide a guide to the proposed residences. The completed development may differ from the images shown. Furniture, landscaping, styling and finishes are indicative only and may be subject to change.

Listing description written by Angela Mehmet, NS Properties — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Intercom
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Study
  • Toilets: 3

Also look at

Also for sale in Ferny Grove

  • 19 Lislane St, Ferny Grove QLD 4055

    3-bed house for sale. Currently listed.

    For sale
  • 5 Dunoon Ct, Ferny Grove QLD 4055

    4-bed house for sale. Asking $1.25M.

    For sale
  • 12 Greenfern Pl, Ferny Grove QLD 4055

    4-bed house for sale. Currently listed.

    For sale
  • 2/18 Glenariff St, Ferny Grove QLD 4055

    2-bed townhouse. Asking $750K.

    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.