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QLD › Indooroopilly › Grosvenor Rd

U19, 11 Grosvenor Rd, Indooroopilly QLD 4068

For saleUnit

$900,000

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

118 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $900,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $900,000(Listing record · 27 Aug 2026)
  • FactLand 118 m²; no building size recorded.(Property record)
  • CalculationAsk is 51% below the Indooroopilly median recorded sale ($1,830,000, n=45, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Indooroopilly's advertised median rent ($752/wk), implied gross yield would be 4.34% — 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

$900,000

Asking · $7,627/m² of land

No recorded sale for this property.

Indooroopilly at a glance

15,660

People

$1,830,000

Median sale

$752/wk

Median rent

2.14%

Suburb gross yield

Median sale from 45 recorded sales (last 12 months) — a Districts calculation.

See the full Indooroopilly report →

Vs Indooroopilly

-50.8%

Median sale

Suburb $1,830,000

+2.20 pp

Gross yield

Suburb 2.14%

Suburb median $1,830,000 from 45 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$900,000
Stamp Duty (Queensland)
$33,525
Transfer/Registration Fee
$3,600
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
$940,825

$40,825 on top of the price (4.5% 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 Indooroopilly's advertised median rent — not a rent for this listing.

Net yield
2.84%
Annual cashflow (pre-tax)
$-21,196
Interest cover (DSCR)
0.55
Annual rent
$39,104
Operating expenses
$13,500
Loan amount
$720,000
Annual interest
$46,800
Gross yield
4.34%

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$900,000available27 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 $752/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 4.3%. 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

Indooroopilly in one glance

Indooroopilly at a glance

15,660

People

$1,830,000

Median sale

$752/wk

Median rent

2.14%

Suburb gross yield

Median sale from 45 recorded sales (last 12 months) — a Districts calculation.

See the full Indooroopilly report →

Keep researching

  • Why Indooroopilly? Read the area thesis →
  • What else is on the market in Indooroopilly →
  • Other records on Grosvenor Rd →

Listing material

Listed by Plum Property Plum Property

Spacious Two-Bedroom Apartment with Huge Balcony in Prime Indooroopilly Location

Perfectly positioned in one of Indooroopilly's most convenient and sought after lifestyle pockets, this spacious very well presented two bedroom apartment offers an impressive combination of size, functionality and location.

This elevated second floor apartment features a larger than normal floor plan, excellent separation between the bedrooms, a separate study nook and a huge, covered balcony.

At the heart of the home is an open plan living and dining area that flows effortlessly onto the expansive covered balcony. Spanning the full width of the apartment, the balcony provides an ideal space to relax, with access from the living area and both bedrooms.

Read the full description

The well-appointed kitchen is both practical and spacious, featuring gas cooking and excellent storage and includes the dishwasher, fridge and microwave. The kitchen connects seamlessly with the main living area, creating a functional layout for everyday living.

The master bedroom is generously proportioned and features a walk in wardrobe, ensuite and direct balcony access.

A separate study nook adds further flexibility, while the main bathroom includes a shower over bath and integrated internal laundry with washing machine and dryer. Air conditioning throughout provides year round comfort.

Residents enjoy access to a swimming pool and gym, while secure undercover car accommodation, visitor parking, intercom entry and lift access provide added convenience.

Key Features

- Spacious two bedroom apartment with a generous floor plan

- Elevated second-floor position

- Open plan living and dining area

- Huge, covered balcony spanning the full width of the apartment

- Balcony access from the living area and both bedrooms

- Separate study nook

- Master bedroom with walk-in wardrobe, ensuite and balcony access

- Spacious kitchen with gas cooking and plenty of storage

- Main bathroom with shower over bath

- Internal laundry

- Air conditioning throughout

- Freshly painted

- Secure undercover car space

- Visitor parking

- Intercom entry

- Fly screens throughout

- Lift access

- Swimming pool and gym within the complex

- Modern complex built approximately in 2002

- Excellent school catchments

- Walking distance to Indooroopilly Shopping Centre, bus interchange and

- Indooroopilly Train Station

- Close to Keating Park

Location is undoubtedly one of this property's greatest strengths. Enjoy the convenience of being within easy walking distance of Indooroopilly Shopping Centre, the bus interchange and Indooroopilly Train Station, placing an extensive range of shopping, dining, transport and lifestyle options right at your doorstep.

The property is also ideally positioned within the Indooroopilly State School and Indooroopilly State High School catchments.

With excellent public transport, major shopping, schools, parks and everyday amenities all close by, this is a location that delivers both lifestyle and long-term appeal.

Listing description written by Grant Perry, Plum Property Plum Property — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Dishwasher
  • Gym
  • Outdoor Entertaining
  • Study
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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.