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QLD › South Brisbane › Merivale St

U12807, 22 Merivale St, South Brisbane QLD 4101

For saleApartment

$700,000

For sale

Asking

1

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $700,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $700,000(Listing record · 30 June 2026)
  • CalculationIf it leased at South Brisbane's advertised median rent ($814/wk), implied gross yield would be 6.05% — 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

$700,000

Asking

No recorded sale for this property.

South Brisbane at a glance

17,564

People

No data

Median sale

$814/wk

Median rent

No data

Suburb gross yield

See the full South Brisbane report →

Total cost to purchase

Purchase Price
$700,000
Stamp Duty (Queensland)
$24,525
Transfer/Registration Fee
$2,669
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
$730,894

$30,894 on top of the price (4.4% 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 South Brisbane's advertised median rent — not a rent for this listing.

Net yield
4.55%
Annual cashflow (pre-tax)
$-4,572
Interest cover (DSCR)
0.87
Annual rent
$42,328
Operating expenses
$10,500
Loan amount
$560,000
Annual interest
$36,400
Gross yield
6.05%

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$700,000available30 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 $814/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 6.0%. 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

South Brisbane in one glance

South Brisbane at a glance

17,564

People

No data

Median sale

$814/wk

Median rent

No data

Suburb gross yield

See the full South Brisbane report →

Keep researching

  • Why South Brisbane? Read the area thesis →
  • What else is on the market in South Brisbane →
  • Other records on Merivale St →

Listing material

Listed by Place South Brisbane

Luxury Living at Ivy & Eve – Where Lifestyle Meets Location

Properties like this are becoming increasingly difficult to secure. Positioned within the award-winning Ivy & Eve development, this oversized one-bedroom residence offers a level of lifestyle, quality and convenience that few apartments in South Brisbane can match. Whether you're searching for your next home or a blue-chip investment, this is an opportunity that stands out from everything else currently on the market.

From the moment you step inside, you'll appreciate the generous proportions and contemporary finishes. The designer kitchen is appointed with premium European appliances, stone benchtops and ample storage, flowing effortlessly into the open-plan living and dining area. Floor-to-ceiling glass floods the apartment with natural light, while the spacious balcony creates the perfect place to entertain or simply unwind above the vibrant South Brisbane precinct.

The oversized bedroom offers a peaceful retreat with built-in wardrobes, while the beautifully finished bathroom, concealed laundry, additional storage and ducted air conditioning complete a home designed for effortless inner-city living.

Read the full description

Living at Ivy & Eve means enjoying resort-style facilities that rival some of Brisbane's best hotels. Residents have exclusive access to a spectacular recreational deck featuring a resort swimming pool, heated spa, fully equipped gymnasium, yoga studio, Teppanyaki dining area, pizza oven, outdoor cinema, entertaining spaces and the private Beach House function room—creating an unmatched lifestyle every day of the week.

The location is simply second to none. Step outside and you're immediately immersed in one of Brisbane's most exciting lifestyle precincts.

Just moments from your door you'll find:

• Fish Lane's renowned restaurants, cafés and wine bars

• QPAC, GOMA and the Queensland Museum within a five-minute walk

• West Village only ten minutes away

• South Bank Parklands within fifteen minutes

• Brisbane CBD just a short walk across the river

Families will appreciate being within the highly regarded Brisbane State High School and West End State School catchments, while students have easy access to Griffith University, QUT and UQ. Multiple train stations, bus services and CityCat terminals are all within easy walking distance, making commuting effortless.

Investor Information

With exceptional tenant demand, a premium inner-city location and world-class resident facilities, Ivy & Eve continues to be one of South Brisbane's most tightly held apartment communities. Properties of this calibre are rarely available and consistently attract strong interest from both owner-occupiers and investors alike.

This is more than just another apartment—it's an opportunity to secure one of the best one-bedroom residences currently available in one of Brisbane's most desirable lifestyle precincts. Opportunities like this don't come along often.

Listing description written by Michael Hatzifotis, Place South Brisbane — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Floorboards
  • Gym
  • Indoor Spa
  • Intercom
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Study

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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.