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QLD › Brisbane City › Queen St

U325, 420 Queen St, Brisbane City QLD 4000

For saleApartment

$900,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $900,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $900,000(Listing record · 30 July 2026)
  • CalculationIf it leased at Brisbane City's advertised median rent ($717/wk), implied gross yield would be 4.14% — 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

$900,000

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
$900,000
Stamp Duty (Queensland)
$33,525
Transfer/Registration Fee
$3,600
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
$940,825

$40,825 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 Brisbane City's advertised median rent — not a rent for this listing.

Net yield
2.64%
Annual cashflow (pre-tax)
$-23,016
Interest cover (DSCR)
0.51
Annual rent
$37,284
Operating expenses
$13,500
Loan amount
$720,000
Annual interest
$46,800
Gross yield
4.14%

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$900,000available30 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.

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 4.1%. 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 Queen St →

Listing material

Listed by Ray White Brisbane City

High Rental Yield Opportunity with River Views in a Prime CBD Location

Situated high up on the 32nd floor of the popular Aurora Tower complex, this brilliant 2 bedroom apartment offers spectacular views across the City and the Brisbane River. This fantastic property perfectly suits the young professional looking for a vibrant and convenient lifestyle in the CBD! Aurora Tower offers quality living that represents exceptional buying in the heart of the CBD. This one will be sold soon!

Apartment Features:

- 2 Spacious bedrooms

Read the full description

- 1 Modern bathroom

- 1 Secure car space

- Large storage cage situated next to car park

- Well equipped kitchen with stone benches, stainless steel appliances, gas cooking and plenty of cupboard space

- Floor to ceiling windows allowing natural light

- 32nd level with an Eastern aspect

- Total living area 92sqm (internal 69sqm - external 23sqm)

- Generous sized balcony, perfect to unwind and enjoy the views

- Sold unfurnished

- Potential rental income $1,050 - $1,100pw fully furnished

- Vacant possession available

Residents of Aurora Tower enjoy access to a suite of premium facilities, including a heated outdoor lap pool, well equipped gymnasium, spa, sauna, BBQ area, cozy cinema and high speed internet access included in your body corporate levies.

Perfectly positioned at 420 Queen Street, Aurora Tower places you in the vibrant heart of Brisbane City, surrounded by an endless array of lifestyle and entertainment options. Just a short stroll from Waterfront Precinct and the Howard Smith Wharves, residents can indulge in some of Brisbane's finest dining, riverside bars, and boutique cafes right on their doorstep.

Queen Street Mall, the Botanic Gardens, and Fortitude Valley's nightlife precinct are all within easy walking distance, offering an unbeatable urban lifestyle. For commuters, Central Station and multiple bus and ferry terminals are only moments away, providing seamless access across the city and beyond. Whether you're seeking convenience, entertainment, or connectivity, Aurora Tower's prime location delivers it all.

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 Colin Walsh, Ray White Brisbane City — reproduced as published, not verified by Districts.

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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.