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QLD › Bowen Hills › Mayne Rd

U2205, 37 Mayne Rd, Bowen Hills QLD 4006

For saleApartment

$840,000

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

81 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $840,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $840,000(Listing record · 4 Aug 2026)
  • FactLand 81 m²; no building size recorded.(Property record)
  • CalculationAsk is 38% 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 4.67% — 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

$840,000

Asking · $10,370/m² of land

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

-37.8%

Median sale

Suburb $1,350,000

+1.76 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
$840,000
Stamp Duty (Queensland)
$30,825
Transfer/Registration Fee
$3,321
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
$877,846

$37,846 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 Bowen Hills's advertised median rent — not a rent for this listing.

Net yield
3.17%
Annual cashflow (pre-tax)
$-17,020
Interest cover (DSCR)
0.61
Annual rent
$39,260
Operating expenses
$12,600
Loan amount
$672,000
Annual interest
$43,680
Gross yield
4.67%

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$840,000available4 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 $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 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

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 Mayne Rd →

Listing material

Listed by Ray White Ascot

Sophisticated Inner-City Living in Panorama Residences - Spacious Apartment in Brisbane's Olympic Precinct

Positioned on Level 22 of the highly sought-after Panorama Residences, this beautifully appointed apartment delivers contemporary style, generous proportions and an unbeatable inner-city lifestyle only 2km from the Brisbane CBD.

Constructed by Tomkins in 2020, Panorama has quickly established itself as one of Bowen Hills' premier residential addresses. Combining resort-style facilities with exceptional connectivity, residents enjoy effortless access to transport, dining, entertainment and Brisbane's rapidly evolving Olympic precinct.

Whether you're searching for your next home or a high-quality investment, this residence offers low-maintenance living in one of Brisbane's strongest performing inner-city suburbs.

Read the full description

Apartment Features:

• Spacious open-plan living and dining flowing seamlessly to the private entertainer's balcony

• Contemporary kitchen featuring stone benchtops, Bosch stainless steel appliances, gas cooktop and dishwasher

• Light-filled interiors with floor-to-ceiling glazing

• Timber flooring throughout the kitchen and living areas

• Generous bedrooms with built-in wardrobes

• Stylish bathrooms with quality finishes

• Ducted air conditioning throughout

• Secure basement car accommodation

• NBN connected with high-speed internet available

Resort-Style Resident Facilities:

• Spectacular rooftop Sky Deck with panoramic Brisbane views

• Outdoor cinema and rooftop dining spaces

• 30-metre lap pool

• Fully equipped gymnasium

• Sauna

• BBQ entertaining areas

• Private cabanas and landscaped gardens

• Secure building access, visitor parking and bicycle storage

Unbeatable Bowen Hills Location:

• Approximately 200m to Bowen Hills Train Station

• Walking distance to King Street's renowned restaurants, cafés and retail precinct

• Moments from the RNA Showgrounds and future Exhibition Station (Cross River Rail)

• Close to the Royal Brisbane & Women's Hospital

• Approximately 2km to Brisbane CBD

• Around 10 minutes to Brisbane Airport

• Easy access to Airport Link, Clem7 and major arterial roads

With Brisbane continuing to experience significant infrastructure investment ahead of the 2032 Olympic Games, Panorama Residences remains one of the city's most desirable apartment communities. Offering premium facilities, exceptional convenience and outstanding lifestyle appeal, this is an opportunity not to be missed.

Contact Hamish Foulger today to arrange your private inspection or for further information.

Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Due to REIQ legislation a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide.

Listing description written by Hamish Foulger, Ray White Ascot — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Broadband
  • Built-in Robes
  • Courtyard
  • Deck
  • Dishwasher
  • Floorboards
  • Fully Fenced
  • Gym
  • Intercom
  • Outdoor Entertaining
  • Outside Spa
  • In-Ground Pool
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Study

Also look at

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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.