Kelvin Grove at a glance
9,724
People
$1,520,000
Median sale
$641/wk
Median rent
2.19%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
QLD › Kelvin Grove › Musk Ave
$699,000
For sale
Asking
1
Bedrooms
1
Bathrooms
1
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
$699,000
Asking
No recorded sale for this property.
Kelvin Grove at a glance
9,724
People
$1,520,000
Median sale
$641/wk
Median rent
2.19%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Kelvin Grove
-54.0%
Median sale
Suburb $1,520,000
+2.58 pp
Gross yield
Suburb 2.19%
Suburb median $1,520,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$30,849 on top of the price (4.4% 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 Kelvin Grove'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 $641/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 4.8%. 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
Kelvin Grove at a glance
9,724
People
$1,520,000
Median sale
$641/wk
Median rent
2.19%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Graczyk ThompsonPositioned on Level 11 and directly beside QUT Kelvin Grove, this modern one-bedroom apartment offers an outstanding opportunity for first-home buyers, investors and professionals seeking lifestyle, convenience and long-term potential.
The apartment enjoys an exceptionally leafy outlook, with established greenery and trees creating a peaceful sense of privacy from the spacious north-facing balcony. Inside, floor-to-ceiling glass fills the open-plan living, dining and kitchen area with natural light, while the balcony provides the perfect space to relax or entertain.
The modern kitchen features a gas cooktop, dishwasher and ample storage, while a dedicated study nook adds flexibility for students or those working from home. The generous bedroom includes built-in robes and a ceiling fan, with ducted air-conditioning throughout the apartment.
ONE OF BRISBANE'S BEST ROOFTOP VIEWS
The building's rooftop is a standout feature, offering a large swimming pool, BBQ and entertaining area with spectacular views across Brisbane's CBD and Victoria Park.
It is an incredible place to entertain, relax by the pool or enjoy Brisbane's major events, including Riverfire and New Year's Eve fireworks.
POSITIONED FOR BRISBANE'S FUTURE
Victoria Park is undergoing a major transformation into one of Brisbane's most significant new lifestyle and recreation precincts, with expanded parklands, walking trails, recreation areas and future dining and lifestyle opportunities.
With QUT directly next door, the CBD approximately 2.5km away, public transport at your doorstep and cafés, restaurants, shops and popular Saturday markets all nearby, the location offers an exceptional combination of convenience and future potential.
KEY FEATURES
- Level 11 position
- Spacious north-facing balcony
- Beautiful leafy outlook
- Floor-to-ceiling glass windows and doors
- Open-plan living, dining and kitchen
- Unbeatable location
- Low Body Corprate
- Modern kitchen with gas cooktop and dishwasher
- Dedicated study nook
- Ducted air-conditioning
- Bedroom with built-in robes and ceiling fan
- Single secure undercover car space
- Pet-friendly complex
- Approximately $3,200 per year body corporate
- Healthy sinking fund
BUILDING FEATURES
- Large rooftop swimming pool
- BBQ and outdoor entertaining area
- Exceptional Brisbane CBD and Victoria Park views
- Secure lift access
- Intercom entry
- Visitor parking
WHY BUY THIS PROPERTY?
For first-home buyers, this is an opportunity to secure a quality inner-city apartment in an increasingly desirable location.
For investors, the combination of QUT, strong rental demand, approximately $3,200 annual body corporate fees, a healthy sinking fund, secure parking and the future transformation of Victoria Park creates an exceptionally compelling proposition.
With its leafy outlook, impressive rooftop facilities and position within one of Brisbane's most exciting emerging lifestyle precincts, this apartment offers an opportunity to buy into where Brisbane is heading next.
Inspect today and experience the views, rooftop and location for yourself.
For further information or to arrange an inspection, contact Grant Shaw on 0466 689 387 or grant@gtpartners.com.au.
Every care and due diligence has been taken in the preparation of this listing. Some images may have been digitally enhanced or virtually staged for illustrative purposes. The agency and owner accept no responsibility for the accuracy of the content and encourage all prospective buyers to conduct their own enquiries and rely on their own investigations.
Listing description written by Grant Shaw, Graczyk Thompson — reproduced as published, not verified by Districts.
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