Kangaroo Point at a glance
12,110
People
$1,806,000
Median sale
$797/wk
Median rent
2.29%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
QLD › Kangaroo Point › Shafston Ave
$2,750,000
For sale
Asking
3
Bedrooms
2
Bathrooms
2
Car spaces
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
Asking
$2,750,000
Asking
No recorded sale for this property.
Kangaroo Point at a glance
12,110
People
$1,806,000
Median sale
$797/wk
Median rent
2.29%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Kangaroo Point
+52.3%
Median sale
Suburb $1,806,000
-0.78 pp
Gross yield
Suburb 2.29%
Suburb median $1,806,000 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$154,564 on top of the price (5.6% extra)
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.
Pre-filled with Kangaroo Point's advertised median rent — not a rent for this listing.
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.
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 $797/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.
Gross yield if leased at the suburb aggregate is 1.5%. 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
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
Kangaroo Point at a glance
12,110
People
$1,806,000
Median sale
$797/wk
Median rent
2.29%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White BulimbaA haven of undisputed luxury and inner-city elevation, this extraordinary residence presents a rare opportunity to secure a house-sized courtyard apartment within Kangaroo Point's 'Lume'. Occupying an impressive 299sqm on the first floor, the owner-occupied abode delivers an unparalleled sense of space, privacy and indoor-outdoor living, complemented by world-class amenities and the iconic riverfront and cliffs only footsteps from your door.
Designed to embrace natural light, seamless flow and refined entertaining, the exquisitely appointed apartment centres around an expansive open living and dining domain framed by floor-to-ceiling glazing, warm timber tones and elegant herringbone flooring. Anchoring these inspiring interiors, the gourmet Miele kitchen serves as a culinary showpiece with a statement island bench that invites family gatherings and casual conversation.
Sliding doors dissolve the boundary between inside and out, extending onto an extraordinary 150sqm courtyard terrace where scenic sunshine, beautiful breezes and leafy surrounds envelop you. Whether enjoying your morning coffee, entertaining friends around the BBQ, unwinding beside a firepit, or relaxing beneath the open sky or retractable awning, this is a seasonal sanctuary on a scale rarely found in apartment living.
All three bedrooms provide peaceful hideaways, opening directly onto the terrace and enjoying tranquil leafy outlooks. The luxurious primary suite features a walk-in robe and a beautifully appointed ensuite, where bi-folds doors reveal a freestanding bathtub, dual vanities and a spa-like atmosphere designed for complete serenity. A second bathroom, large laundry, two secure side-by-side car spaces and an adjoining storage cage further enhance the home's design.
Additional property highlights:
- Miele kitchen appliances, including a gas cooktop, plus an outdoor BBQ
- Terrace remote-controlled retractable Vanguard awning with sensor
- Ducted air-conditioning and ceiling fans throughout the apartment
- On-site management, secure letterbox room, secure visitor parking
Heightening the lifestyle luxury, Lume's rooftop terrace forms a refuge for serenity and celebration. Harnessing 180-degree vistas of the city skyline, Botanic Gardens and Brisbane River from the infinity swimming pool, and hosting a steam room, gymnasium and BBQ facilities, you can delight in relaxing swims, sunset drinks, and alfresco dining above the city.
Only steps from your door, the famed cliffs, parklands and beautiful boardwalk invite fun-filled days outdoors. You can continue on foot over the bridges to the CBD, South Bank and Howard Smith Wharves, utilise the buses and CityCat for easy travel, or stay close to home and sample the local cafes, restaurants, bars and breweries. Only 1.8km from The Gabba and resting on the doorstep of top schools, universities and hospitals, this location offers undeniable living.
Listing description written by Deahnne Brodie, Ray White Bulimba — reproduced as published, not verified by Districts.