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QLD › Ascot › Napier St

U2, 17 Napier St, Ascot QLD 4007

For saleUnit

$799,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

110 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $799,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $799,000(Listing record · 24 Aug 2026)
  • FactLand 110 m²; no building size recorded.(Property record)
  • CalculationAsk is 71% below the Ascot median recorded sale ($2,750,000, n=21, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Ascot's advertised median rent ($726/wk), implied gross yield would be 4.72% — 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

$799,000

Asking · $7,264/m² of land

No recorded sale for this property.

Ascot at a glance

7,399

People

$2,750,000

Median sale

$726/wk

Median rent

1.37%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Ascot report →

Vs Ascot

-70.9%

Median sale

Suburb $2,750,000

+3.35 pp

Gross yield

Suburb 1.37%

Suburb median $2,750,000 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$799,000
Stamp Duty (Queensland)
$28,980
Transfer/Registration Fee
$3,135
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
$834,815

$35,815 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 Ascot's advertised median rent — not a rent for this listing.

Net yield
3.22%
Annual cashflow (pre-tax)
$-15,781
Interest cover (DSCR)
0.62
Annual rent
$37,752
Operating expenses
$11,985
Loan amount
$639,200
Annual interest
$41,548
Gross yield
4.72%

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$799,000available24 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 $726/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 4.7%. 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

Ascot in one glance

Ascot at a glance

7,399

People

$2,750,000

Median sale

$726/wk

Median rent

1.37%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Ascot report →

Keep researching

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

Listing material

Listed by Image Property Brisbane Northside

Boutique Ascot Living, Walk to Racecourse Road

Set in Napier Court, a quiet block of just six, this two-bedroom unit is an easy way into one of Brisbane's most tightly held suburbs. It sits upstairs with a leafy outlook, and the whole home feels light, calm and ready to enjoy from day one.

The open living and dining opens to a full-width covered balcony that runs the length of the home, a genuine second space whether you're starting the morning with a coffee or winding down of an evening. Quality timber laminate floors run underfoot, a split-system air conditioner and ceiling fans keep things comfortable right through the Brisbane summer, and security screens are fitted throughout.

The kitchen sits neatly off the living zone with electric cooking, a pantry and good storage, simple to work in and simple to keep. Both bedrooms have built-in robes, the main a generous room opening to the balcony and looking out into the trees, the second well-suited to a bedroom, nursery or home office. The main bathroom has a separate bath and shower, with a separate toilet adding everyday convenience.

Read the full description

Downstairs is where this one quietly outdoes its neighbours. You have an oversized single lock-up garage with genuine room to move around the car, plus a separate laundry and storage room, a rare bit of practicality for a unit this size. And because Napier Court is a boutique block of only six, the body corporate stays sensible and the building stays quiet.

Position is the real drawcard. You're a short walk from the cafes, restaurants and boutiques of Racecourse Road, with Ascot train station, Portside Wharf and both Eagle Farm and Doomben racecourses close at hand. The CBD sits around 5km away, the airport is minutes in the other direction, and you're within reach of well-regarded local schools.

At a glance

– Two bedrooms with built-in robes, generous main with balcony access

– Second bedroom well-suited as a bedroom, nursery or home office

– Open living and dining opening to a full-width covered balcony

– Kitchen with electric cooktop, oven and pantry

– Main bathroom with separate bath and shower, plus a separate toilet

– Oversized single lock-up garage with separate laundry and storage

– Split-system air conditioning, ceiling fans and security screens throughout

– Boutique complex of only six, sensible body corporate

– Walk to Racecourse Road dining and Ascot train station, around 5km to the CBD

Whether you're buying your first home, adding to the portfolio or stepping into a premium suburb without a house-sized commitment, this one rewards a closer look. Ascot rarely offers an entry point this genuine.

For more information, contact Mario Rossi on 0428 166 370. Looking forward to meeting you and showing you through this beautifully presented home.

Listing description written by Mario Rossi, Image Property Brisbane Northside — reproduced as published, not verified by Districts.

Districts

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

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