Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

QLD › Lawnton › Ellis St

U15, 40 Ellis St, Lawnton QLD 4501

For saleTownhouse

$649,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

159 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $649,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $649,000(Listing record · 18 Aug 2026)
  • CalculationAsk is 33% below the Lawnton median recorded sale ($972,500, n=46, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Lawnton's advertised median rent ($650/wk), implied gross yield would be 5.21% — 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

$649,000

Asking · $4,082/m² of land

No recorded sale for this property.

Lawnton at a glance

6,941

People

$972,500

Median sale

$650/wk

Median rent

3.48%

Suburb gross yield

Median sale from 46 recorded sales (last 12 months) — a Districts calculation.

See the full Lawnton report →

Vs Lawnton

-33.3%

Median sale

Suburb $972,500

+1.73 pp

Gross yield

Suburb 3.48%

Suburb median $972,500 from 46 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$649,000
Stamp Duty (Queensland)
$22,230
Transfer/Registration Fee
$2,436
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
$677,366

$28,366 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 Lawnton's advertised median rent — not a rent for this listing.

Net yield
3.71%
Annual cashflow (pre-tax)
$-9,683
Interest cover (DSCR)
0.71
Annual rent
$33,800
Operating expenses
$9,735
Loan amount
$519,200
Annual interest
$33,748
Gross yield
5.21%

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$649,000available18 Aug 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 $650/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 5.2%. 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

Lawnton in one glance

Lawnton at a glance

6,941

People

$972,500

Median sale

$650/wk

Median rent

3.48%

Suburb gross yield

Median sale from 46 recorded sales (last 12 months) — a Districts calculation.

See the full Lawnton report →

Keep researching

  • Why Lawnton? Read the area thesis →
  • What else is on the market in Lawnton →
  • Other records on Ellis St →

Listing material

Listed by Blac Property Group

Modern Townhouse Living with Private Courtyard & Second Car Space

Positioned within the well maintained Greenview Terraces complex, 15/40 Ellis Street offers easy townhouse living with a practical layout, modern presentation and the added benefit of both a single lock up garage and an additional undercover car space. With 181m² of total floor area, the home provides plenty of space across two levels while keeping everyday living simple and low maintenance.

Upstairs, three well proportioned bedrooms are positioned around a central study nook, creating a flexible space that could easily be used as a home office or quiet sitting area. The master bedroom features a large walk in robe and ensuite with double vanity, while bedrooms two and three include built in robes and are serviced by the main bathroom. Air conditioning adds year round comfort, with the thoughtful layout providing good separation between the bedrooms and living areas.

Downstairs, the open plan kitchen, living and dining area forms the centre of the home, with the kitchen featuring a breakfast bar, generous storage and a clean white finish. Large windows bring plenty of natural light into the space, while glass doors open directly to the covered patio and private courtyard. The grassy outdoor area provides a great extension of the living space, whether you are entertaining, enjoying your morning coffee or simply looking for a little extra room outdoors. A powder room, laundry, storage and internal access to the remote single garage complete the ground floor.

Read the full description

The location is equally practical, with a bus stop just moments from the complex and Lawnton Railway Station approximately 900m away. Club Pine Rivers, local shops, cafes, schools and major shopping centres are all within easy reach, while the wider North Lakes and Strathpine precincts are easily accessible by car.

Property Features:

• Three bedrooms

• Two bathrooms plus downstairs powder room

• Master bedroom with walk in robe and ensuite

• Ensuite with double vanity

• Built in robes to bedrooms two and three

• Upstairs study nook

• Open plan living and dining area

• Modern kitchen with breakfast bar

• Ample kitchen storage

• Covered outdoor entertaining area

• Private grassed courtyard

• Remote single lock up garage with internal access

• Additional undercover car space

• Air conditioning

• Separate laundry and storage

• 181m² total floor area

• Greenview Terraces complex with 29 townhouses

Location:

• 10m to nearest bus stop

• 900m to Lawnton Railway Station

• 200m to Club Pine Rivers

• 1km to local shops and cafes

• 1.5km to Kensington Village Shopping Centre

• 2.5km to Pine Rivers State High School

• 3.4km to Strathpine Centre

• 9.5km to Westfield North Lakes

• 28km to Brisbane CBD

• 26km to Brisbane Airport

With its combination of modern interiors, generous outdoor space, flexible upstairs living and the valuable addition of a second car space, this townhouse is well suited to first home buyers, downsizers, investors or anyone looking for a low maintenance home in a convenient Lawnton location. For more information contact Antony or Madison today!

Disclaimer:

As of 1st July 2026 purchaser identity verification (KYC) is required under the AML/CTF Act 2006 as part of this transaction.

All care has been taken to ensure accuracy in marketing this property. However, photography, digital enhancements, and written descriptions are for illustrative purposes only.

Prospective buyers are advised to undertake their own independent enquiries to satisfy themselves of the property's features.

This property is advertised for sale without a price and as such, a price guide cannot be provided.

The website may have filtered the property into a price bracket for website functionality purposes.

Please do not make any assumptions about the sale price of this property based on website price filtering.

Listing description written by Antony Thompson, Blac Property Group — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Toilets: 3

Also look at

Also for sale in Lawnton

  • 6 Cotton St, Lawnton QLD 4501

    3-bed house for sale. Currently listed.

    For sale
  • 13 D Arcy Way, Lawnton QLD 4501

    4-bed house for sale. Currently listed.

    For sale
  • U151, 11 West Dianne St, Lawnton QLD 4501

    3-bed unit. Currently listed.

    For sale
  • 135 Todds Rd, Lawnton QLD 4501

    3-bed house for sale. Currently listed.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.