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QLD › Bowen Hills › Brookes St

U14, 78 Brookes St, Bowen Hills QLD 4006

For saleUnit

$699,000

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $699,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $699,000(Listing record · 2 June 2026)
  • CalculationAsk is 48% below the Bowen Hills median recorded sale ($1,350,000, n=5, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Bowen Hills's advertised median rent ($755/wk), implied gross yield would be 5.62% — 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

$699,000

Asking

No recorded sale for this property.

Bowen Hills at a glance

6,072

People

$1,350,000

Median sale

$755/wk

Median rent

2.91%

Suburb gross yield

Median sale from 5 recorded sales (last 24 months) — a Districts calculation.

See the full Bowen Hills report →

Vs Bowen Hills

-48.2%

Median sale

Suburb $1,350,000

+2.71 pp

Gross yield

Suburb 2.91%

Suburb median $1,350,000 from 5 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$699,000
Stamp Duty (Queensland)
$24,480
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
$729,849

$30,849 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 Bowen Hills's advertised median rent — not a rent for this listing.

Net yield
4.12%
Annual cashflow (pre-tax)
$-7,573
Interest cover (DSCR)
0.79
Annual rent
$39,260
Operating expenses
$10,485
Loan amount
$559,200
Annual interest
$36,348
Gross yield
5.62%

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$699,000available2 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 $755/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 5.6%. 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

Bowen Hills in one glance

Bowen Hills at a glance

6,072

People

$1,350,000

Median sale

$755/wk

Median rent

2.91%

Suburb gross yield

Median sale from 5 recorded sales (last 24 months) — a Districts calculation.

See the full Bowen Hills report →

Keep researching

  • Why Bowen Hills? Read the area thesis →
  • What else is on the market in Bowen Hills →
  • Other records on Brookes St →

Listing material

Listed by Ray White Warner

Contract has crashed! Owner wants it sold!!

All serious offers will be considered!

Grab your opportunity to secure a move-in ready two-bedroom apartment at Bowen Hills, one of Brisbane's most strategically positioned inner-north addresses - and one of the closest to the city's biggest health precinct.

At 14/78 Brookes St, immediate lifestyle appeal meets clear strategic potential for the healthcare professional who wants their home to work as hard as they do.

Read the full description

Just minutes away, you'll enjoy the cafes, restaurants, bars and riverside lifestyle that have made Newstead and Teneriffe some of Brisbane's most sought-after suburbs - without the million-dollar-plus entry price of those locations, and without a long commute after a long shift.

GREAT NOW, ONLY GETTING BETTER

This is a home for buyers who want more than a convenient apartment.

It is for nurses, doctors, allied health and support staff who want to walk, cycle or take a two-minute bus ride to the Royal Brisbane and Women's Hospital, Herston Health Precinct, or the Queensland Children's Hospital via a quick CBD connection. For shift workers who need fast, reliable access at all hours - not just peak commute times. For investors who understand that a suburb anchored by a permanent, growing health precinct means enduring rental demand from the hospital workforce.

Bowen Hills is entering a new phase. Once viewed as an inner-city edge, it's now being drawn directly into Brisbane's Olympic, entertainment, health and transport core - with Herston's hospitals at the heart of it.

STANDOUT BENEFITS

Light-filled, low-maintenance and designed for flexible inner-city living, the apartment offers the kind of everyday comfort, space and convenience that shift-working owner-occupiers value and healthcare tenants actively seek.

• Two big bedrooms: perfect for a couple working opposite shifts, or a home office/quiet room for winding down after nights - acres of space for a king bed in comfort.

• Both bedrooms boast walk-in robes and the main has a modern ensuite, so early starts don't mean waking anyone else.

• The balcony is a standout, offering a true indoor/outdoor space to decompress after a demanding shift.

• Your new apartment comes with a coveted undercover parking spot with extra storage - ideal for scrubs, equipment or gear bags.

• Communal pool and barbecue area to properly switch off on days off.

• Secure entry, for peace of mind coming home at odd hours.

• Ducted air-conditioning, for quality sleep no matter what time zone your roster has you living in.

• Highly usable space for a WFH station, study nook, or storage.

WHERE TRANSPORT, HEALTH, ENTERTAINMENT AND OLYMPIC INFRASTRUCTURE MEET

The apartment places you close to the CBD, Fortitude Valley, Newstead, King Street, Gasworks, the Brisbane Showgrounds, and - most importantly for healthcare workers - the Herston Health Precinct and the Royal Brisbane & Women's Hospital, all within easy reach of a shift changeover.

It's a position that delivers much of the same lifestyle energy and convenience as Brisbane's premium riverside suburbs, while offering a genuinely practical commute and compelling value.

The suburb's next chapter is being shaped by permanent infrastructure.

Exhibition Station's transformation into a year-round, high-capacity commuter rail hub, integrated with Cross River Rail, Brisbane Metro and the Inner Northern Busway, is set to make Bowen Hills - and the trip to Herston - one of the most connected short commutes in Brisbane.

Add the nearby Victoria Park Olympic Stadium precinct and the Showgrounds' future Games and post-Games legacy, and the location story becomes difficult to replicate.

OWNER APPEAL, INVESTOR CONFIDENCE

The strength of this apartment is its dual appeal.

It works now as a home base for the healthcare workforce that keeps Herston running. It works longer term as a strategically located asset in a tightly held inner-north suburb with a hospital precinct, transport, entertainment and Olympic infrastructure all converging nearby.

THAT COMBINATION IS RARE!

Apartments that can speak to both owner-occupier healthcare workers and investors targeting hospital-precinct rental demand tend to hold broader market appeal, especially in a suburb with this much visible future potential.

INSPECT TO APPRECIATE THE LIFESTYLE AND THE LEVERAGE

Move in now and cut your commute to minutes, or lease it out to Brisbane's growing healthcare workforce as a strategic investment. Either way, you own a powerfully positioned asset as Brisbane's Olympic decade catapults Bowen Hills and reshapes the inner north.

This is a premium location with real daily utility for anyone working in health, clear future drivers and limited replacement value.

Inspect to appreciate the lifestyle, the commute, and the position.

Inspect to appreciate the lifestyle, the commute, and the position.

Rental Appraisal - $750 to $800 per week

Approximate distances

• Royal Brisbane and Womens Hospital - 5 minute drive

• RNA Showground - 3 minute drive

• Bowen Hills Train Station - 10 minute walk

• Fortitude Valley Station - 12 minute walk

Listing description written by Finley Moore, Ray White Warner — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Secure Parking
  • Study
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.