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QLD › Kangaroo Point › River Tce

U2301, 8 River Tce, Kangaroo Point QLD 4169

For saleApartment

$4,650,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $4,650,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $4,650,000(Listing record · 9 June 2026)
  • CalculationAsk is 157% above the Kangaroo Point median recorded sale ($1,806,000, n=11, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Kangaroo Point's advertised median rent ($797/wk), implied gross yield would be 0.89% — 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

$4,650,000

Asking

No recorded sale for this property.

Kangaroo Point at a glance

12,110

People

$1,806,000

Median sale

$797/wk

Median rent

2.29%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Kangaroo Point report →

Vs Kangaroo Point

+157.5%

Median sale

Suburb $1,806,000

-1.40 pp

Gross yield

Suburb 2.29%

Suburb median $1,806,000 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$4,650,000
Stamp Duty (Queensland)
$247,900
Transfer/Registration Fee
$21,060
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
$4,922,660

$272,660 on top of the price (5.9% 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 Kangaroo Point's advertised median rent — not a rent for this listing.

Net yield
-0.61%
Annual cashflow (pre-tax)
$-270,106
Interest cover (DSCR)
-0.12
Annual rent
$41,444
Operating expenses
$69,750
Loan amount
$3,720,000
Annual interest
$241,800
Gross yield
0.89%

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$4,650,000available9 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 $797/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 0.9%. 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

Kangaroo Point in one glance

Kangaroo Point at a glance

12,110

People

$1,806,000

Median sale

$797/wk

Median rent

2.29%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Kangaroo Point report →

Keep researching

  • Why Kangaroo Point? Read the area thesis →
  • What else is on the market in Kangaroo Point →
  • Other records on River Tce →

Listing material

Listed by Ray White New Farm

Riverside Luxury Framed by Brisbane's Most Captivating Views

Positioned within the enchanting 'Skye' towers atop the Kangaroo Point Cliffs, this inspiring riverside apartment embraces a breathtaking outlook where nature, architecture and city life converge. One of only two residences on the third floor, the soaring sky-home is imbued with a remarkable sense of private tranquillity while remaining immersed in one of Brisbane's most vibrant waterfront settings.

A constantly evolving panorama unfolds beyond the glass, stretching across the boardwalks lining both sides of the river, the lush greenery of the City Botanic Gardens and Kangaroo Point parklands, and the striking architecture of the pedestrian bridge and glittering city skyline. A sanctuary where the scenery is seamlessly woven into the design, you can gaze out as CityCats and boats drift along the water below, with sunlight dancing over the river by day and spectacular sunsets illuminating the skyline and Mt Coot-tha each evening.

Crafted with an unwavering commitment to quality, the interiors reveal a textural palette of European oak, Roman Classic Travertine, Parisi tapware and bespoke joinery. Full-height glazing draws the landscape into every room, allowing natural light and river views to become an integral part of daily life.

Read the full description

The open living domain extends effortlessly onto the expansive balcony, creating a serene setting for entertaining, relaxation, and connection with the remarkable surroundings. At its centre, a sculptural stone kitchen, appointed with V-ZUG appliances and waterfall benchtops, offers both beauty and functionality, while a private, sunlit window retreat provides the perfect space for coffee, casual dining, or quiet reflection.

A study nook accompanies three bedrooms, including a luxurious primary suite featuring a walk-through robe that opens to an exquisite ensuite, where dual vanities, a rainfall shower, a freestanding bath and a drying court create a haven dedicated to comfort and relaxation.

Forming part of Skye's trio of towers, residents enjoy access to exclusive rooftop amenities, where a magnesium-heated infinity pool captures sweeping panoramas. From this coveted address, the cliffs, riverwalk, parks and bridges are all at your doorstep, providing effortless connectivity to the CBD, South Bank, Howard Smith Wharves and The Gabba.

- Elevated luxury in this extraordinary Skye by Pikos apartment

- Mesmerising clifftop setting with views across the river, city and beyond

- Study nook, 3 bedrooms, 2.5 bathrooms, laundry, 2-car parking

- Intertwined balcony, living and window retreat for effortless entertaining

- Travertine-adorned designer V-Zug kitchen and spa-inspired ensuite

- Ducted air-conditioning, automated outdoor blinds, acoustic insulation

- Rooftop terrace, heated magnesium infinity pool, sun deck and BBQs

- Porte cochere entry, work-from-home spaces, library/meeting room

- 250m to bus stops, 1km to ferry, under 1.3km to CBD and hospitals

- 1.5km to Gabba, 2km to South Bank, 2.5km to Howard Smith Wharves

Listing description written by Josh Brown, Ray White New Farm — 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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