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QLD › Brisbane City › Mary St

U2807, 70 Mary St, Brisbane City QLD 4000

For saleApartment

$620,000

For sale

Asking

1

Bedrooms

1

Bathrooms

0

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $620,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $620,000(Listing record · 22 July 2026)
  • CalculationIf it leased at Brisbane City's advertised median rent ($717/wk), implied gross yield would be 6.01% — 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

$620,000

Asking

No recorded sale for this property.

Brisbane City at a glance

16,956

People

No data

Median sale

$717/wk

Median rent

No data

Suburb gross yield

See the full Brisbane City report →

Total cost to purchase

Purchase Price
$620,000
Stamp Duty (Queensland)
$20,925
Transfer/Registration Fee
$2,297
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
$646,922

$26,922 on top of the price (4.3% 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 Brisbane City's advertised median rent — not a rent for this listing.

Net yield
4.51%
Annual cashflow (pre-tax)
$-4,256
Interest cover (DSCR)
0.87
Annual rent
$37,284
Operating expenses
$9,300
Loan amount
$496,000
Annual interest
$32,240
Gross yield
6.01%

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$620,000available22 July 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 $717/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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 6.0%. 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

Brisbane City in one glance

Brisbane City at a glance

16,956

People

No data

Median sale

$717/wk

Median rent

No data

Suburb gross yield

See the full Brisbane City report →

Keep researching

  • Why Brisbane City? Read the area thesis →
  • What else is on the market in Brisbane City →
  • Other records on Mary St →

Listing material

Listed by Ray White Brisbane City

High Floor Apartment with River Glimpses & Enclosed Study

Positioned on Level 28, this apartment features one of the building's most generous floor plans. The oversized bedroom is accompanied by a fully enclosed, separate study, offering valuable flexibility as a home office, guest room, or multi purpose space to suit a range of lifestyles. Combined with its generous proportions, this is a floor plan that is seldom available and highly sought after within the building.

Designed for everyday comfort, the open plan living and dining area flows through to a private balcony, creating a seamless extension of the living space. The functional layout delivers a sense of space that is rarely found in comparable one bedroom apartments within the building.

Body Corporate fees: Approx. $6,706 pa

Read the full description

Brisbane City Council Rates: Approx. $2,000 pa

Queensland Urban Utilities Water: Approx. $1,200 pa

Apartment features:

- One spacious bedroom with direct balcony access

- Fully enclosed study

- One modern bathroom

- Spacious balcony perfect for entertaining

- Approx. 75sqm (58sqm internal and 17sqm external) on level 28 with a Northern aspect

- Functional kitchen with granite benchtops and stainless steel appliances

- Open plan living and dining

- Floor to ceiling windows in the living area and bedroom, allowing for natural light throughout

- Ducted air conditioning throughout

- Currently rented at $625 per week unfurnished until the 20th of April 2027

- Rental potential of approx. $750 per week furnished to long term tenants

- Sold unfurnished

Mantra on Mary provides fantastic facilities for residents including a heated lap pool, gym, sauna and BBQ entertaining area.

Nearby to The Queen's Wharf Brisbane precinct, which is a unique and vibrant new world city development featuring a boutique underground shopping centre, first-class casino, new public recreational facilities, pedestrian bridge to South Bank and river boardwalks.

Walking distance to the new Albert Street Station, which will provide rail services to the southern end of the CBD for the first time, opening up opportunities for employment, business, education, and entertainment. It will be the first new inner-city train station in 120 years with over 67,000 passengers projected every day.

Minutes is all it takes to walk to the Eagle Street Pier and Waterfront Precinct development that will integrate notable riverside spots to create vibrant public spaces, shopping, and dining.

In addition, the Mary Street Vision- supported by Brisbane City Council- aims to revitalise the surrounding area with enhanced public spaces, connectivity, and activation.

DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.

Listing description written by Kirsten Walsh, Ray White Brisbane City — reproduced as published, not verified by Districts.

Property features

  • 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.