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QLD › Morningside › Wynnum Rd

U3, 468 Wynnum Rd, Morningside QLD 4170

For saleTownhouse

$875,000

For sale

Asking

3

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $875,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $875,000(Listing record · 28 Apr 2026)
  • CalculationAsk is 45% below the Morningside median recorded sale ($1,600,000, n=61, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Morningside's advertised median rent ($743/wk), implied gross yield would be 4.42% — 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

$875,000

Asking

No recorded sale for this property.

Morningside at a glance

13,023

People

$1,600,000

Median sale

$743/wk

Median rent

2.41%

Suburb gross yield

Median sale from 61 recorded sales (last 12 months) — a Districts calculation.

See the full Morningside report →

Vs Morningside

-45.3%

Median sale

Suburb $1,600,000

+2.01 pp

Gross yield

Suburb 2.41%

Suburb median $1,600,000 from 61 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$875,000
Stamp Duty (Queensland)
$32,400
Transfer/Registration Fee
$3,507
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
$914,607

$39,607 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 Morningside's advertised median rent — not a rent for this listing.

Net yield
2.92%
Annual cashflow (pre-tax)
$-19,989
Interest cover (DSCR)
0.56
Annual rent
$38,636
Operating expenses
$13,125
Loan amount
$700,000
Annual interest
$45,500
Gross yield
4.42%

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$875,000available28 Apr 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 $743/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 4.4%. 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

Morningside in one glance

Morningside at a glance

13,023

People

$1,600,000

Median sale

$743/wk

Median rent

2.41%

Suburb gross yield

Median sale from 61 recorded sales (last 12 months) — a Districts calculation.

See the full Morningside report →

Keep researching

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

Listing material

Listed by Coronis Inner South

FRESHLY UPDATED WITH GENEROUS PRIVATE COURTYARD

Positioned within a tightly held complex of just three residences, this solid brick double storey townhouse presents an exceptional opportunity to secure a beautifully refurbished home in a peaceful and highly convenient Morningside setting. Recently updated, the property has been freshly painted internally, complemented by brand new plush carpets, newly installed LED lighting throughout, and a brand new kitchen sink and tap, creating a move in ready residence with nothing left to do.

Although situated on Wynnum Road, the home enjoys a remarkably quiet and private setting, positioned well below street level which significantly reduces road noise and enhances its sense of seclusion. This unique positioning allows you to enjoy the convenience of the location without compromising on peace and tranquillity.

The home offers a wonderful sense of privacy, further enhanced by a large, fully fenced courtyard that is ideal for pets, children, and effortless entertaining. This outdoor space provides the perfect extension of the living areas and is rarely found in townhouse living. The property also benefits from an exclusive use undercover carport, adding further convenience and security.

Read the full description

Upon entry, you are welcomed by a spacious, light filled dining area that flows seamlessly to the well appointed kitchen, complete with ample storage, an electric cooktop and oven. Additional under stair storage further enhances the practicality of the lower level.

The spacious rear living area features a high 2.7 metre ceiling, air conditioning, and direct access to the courtyard, creating a seamless indoor outdoor flow. Also on this level is a separate laundry with an additional toilet, offering excellent practicality and potential to convert into a second bathroom if desired.

Upstairs, the fully carpeted layout offers comfort and practicality. The spacious master bedroom features air conditioning, a walk in robe and direct access to the main bathroom, which includes both a bathtub and separate shower. Bedrooms two and three are well sized with built in wardrobes, while a separate toilet and linen cupboard add further convenience and storage.

A standout feature of this property is its exceptional connectivity. Morningside railway station is just a short walk away, providing easy access to the CBD and surrounding suburbs, while Brisbane City Council bus services along Wynnum Road are conveniently located nearby. For an alternative commute, the Hawthorne ferry terminal is only a short distance away, offering a quick and scenic journey into the CBD.

Positioned in a highly sought after pocket of Morningside, the property enjoys easy access to shopping precincts, cafes, restaurants, quality schools and colleges, and falls within the catchment for Balmoral State High School. Just minutes away, the vibrant Oxford Street Bulimba offers an outstanding selection of cafes, restaurants, boutique shopping and entertainment. The nearby Wynnum Road precinct provides additional dining and everyday conveniences within walking distance, while local parks, public transport and the Gateway Motorway are all close by, ensuring exceptional connectivity and lifestyle appeal.

NOTABLE FEATURES:

-Brand new carpet throughout

-Full new internal paint throughout from top to bottom

-Brand new LED ceiling lights throughout

-Brand new blinds

-Brand new kitchen sink with new tapware

-Spacious and private fully fenced courtyard

-Exclusive use undercover car port

-Security screens

-Air conditioning

-NBN connectivity

LOCATION:

-Approx. 7km to Brisbane Airport

-Approx. 3.5km to Brisbane CBD

-Approx. 4.8km to Gateway Motorway

-Approx. 200m to Morningside Train Station

-Approx. 1.5km to Hawthorne Ferry Terminal

-Approx. 900m to Lourdes Hill College

-Approx. 1.6km to Balmoral State High School

-Approx. 1.6km to Cannon Hill State School

-Approx. 1.2 to Morningside State School

-Approx. 2km to Cannon Hill Anglican College

-Approx. 1.2km to Colmslie Shopping Centre

-Approx. 2.8km to Cannon Hill Shopping Centre

Brisbane City Council Rates Approximate $548.82 per quarter

Rental Appraisal $720-$740 per week

Body Corporate Approximate $818.29 per quarter

This is a rare opportunity to secure a low maintenance, updated townhouse in a tightly held complex where lifestyle, convenience, and privacy come together seamlessly. Contact Tony King today on 0416847686 to find out more.

Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property. If this property is being sold by auction or without a price, a price guide cannot be provided. The website may have filtered the property into a price bracket for functionality purposes.

Listing description written by Tony King, Coronis Inner South — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Fully Fenced
  • Outdoor Entertaining
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.