Raceview at a glance
10,782
People
$862,500
Median sale
$589/wk
Median rent
3.55%
Suburb gross yield
Median sale from 116 recorded sales (last 12 months) — a Districts calculation.
QLD › Raceview › Thornton St
$700,000
For sale
Asking
4
Bedrooms
2
Bathrooms
2
Car spaces
167 m²
Land
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
$700,000
Asking · $4,192/m² of land
No recorded sale for this property.
Raceview at a glance
10,782
People
$862,500
Median sale
$589/wk
Median rent
3.55%
Suburb gross yield
Median sale from 116 recorded sales (last 12 months) — a Districts calculation.
Vs Raceview
-18.8%
Median sale
Suburb $862,500
+0.83 pp
Gross yield
Suburb 3.55%
Suburb median $862,500 from 116 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$30,894 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 Raceview'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 $589/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 4.4%. 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
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
Raceview at a glance
10,782
People
$862,500
Median sale
$589/wk
Median rent
3.55%
Suburb gross yield
Median sale from 116 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Image Property Brisbane Northside* Immaculately presented four bedroom townhouse
* Owner occupier and move-in ready
* Built in 2023, part of the sought-after Palm View Estate
* No rear neighbour, backing onto a vacant block for extra privacy
* Private landscaped courtyard with garden shed for handy storage
* Air conditioning to the master bedroom and living area
* Modern kitchen with contemporary finishes throughout
* Spacious open-plan living and dining
* Secure, gated complex with swimming pool and BBQ facilities
* Walking distance to Raceview Shopping Centre
* Moments from Bethany Lutheran & Raceview Schools
* Easy access to Ipswich CBD, Riverlink and UniSQ
* Body corp fees listed below
* Rental appraisal up to $620 per week
If you have been searching for a low-maintenance home that ticks every box without the price tag of a standalone house, this is well worth a look. Tucked inside the well-regarded Palm View Estate and built in 2023, this four bedroom townhouse has been beautifully maintained by its current owner-occupier and is ready for its next chapter, whether that is your first home, your next investment, or a smart way to downsize without compromising on space.
Step inside and you will find a fresh, modern interior that still feels brand new. The open-plan living and dining area is an excellent size and is bright and comfortable, kept cool through summer with air conditioning to both the living space and the master bedroom. The kitchen is finished with a contemporary look and plenty of bench space, making everyday cooking and entertaining a breeze. With four genuine bedrooms on offer, there is room here for a growing family, a home office, or guests to stay over, all without the upkeep of a larger block.
One of the standout features of this particular townhouse is its position within the complex. Backing onto a vacant lot rather than another home and with a neighbour only on one side, you will enjoy a level of privacy that is hard to come by in a townhouse setting, with no rear neighbours peering over the fence line. Outside, a private landscaped courtyard offers your own slice of low-maintenance outdoor space, ideal for a morning coffee or an evening wind down, and comes complete with a garden shed for all your extra storage needs. It is easy care living at its best, leaving you more time to enjoy life and less time on the weekend mowing and gardening.
Palm View Estate itself has long been popular with buyers wanting a secure, gated lifestyle close to everything Raceview has to offer. Residents enjoy access to shared facilities within the complex including a swimming pool and BBQ facilities, and you are just a short stroll to Raceview Shopping Centre for your everyday essentials, with Raceview State School and Bethany Lutheran Primary School also close by for young families. From here you are well placed for the daily commute too, with Ipswich CBD just minutes away, Riverlink Shopping Centre a short drive for a bigger shopping trip, and the University of Southern Queensland Ipswich campus easily accessible for students or staff.
Body Corp (Admin + Sinking Funds, Insurance): Approx $3,800pa inc pay-on-time discount
Rates: $529.15 per quarter (owner occupied)
Water: $312.73 inc usage
Rental Appraisal: Up to $620 per week
Whether you are stepping onto the property ladder for the first time, looking to simplify life without giving up modern comfort, or seeking a well presented investment in a tightly held complex, this propery offers a rare combination of privacy, presentation and position.
Listing description written by Alex Sparrow, Image Property Brisbane Northside — reproduced as published, not verified by Districts.