Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

QLD › Runcorn › Penarth St

U50, 93 Penarth St, Runcorn QLD 4113

For saleTownhouse

$7,092,026

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

127 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $7,092,026 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $7,092,026(Listing record · 15 July 2026)
  • CalculationAsk is 463% above the Runcorn median recorded sale ($1,260,000, n=56, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Runcorn's advertised median rent ($677/wk), implied gross yield would be 0.50% — 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

$7,092,026

Asking · $55,843/m² of land

No recorded sale for this property.

Runcorn at a glance

15,927

People

$1,260,000

Median sale

$677/wk

Median rent

2.79%

Suburb gross yield

Median sale from 56 recorded sales (last 12 months) — a Districts calculation.

See the full Runcorn report →

Vs Runcorn

+462.9%

Median sale

Suburb $1,260,000

-2.29 pp

Gross yield

Suburb 2.79%

Suburb median $1,260,000 from 56 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$7,092,026
Stamp Duty (Queensland)
$388,316
Transfer/Registration Fee
$32,468
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
$7,516,510

$424,484 on top of the price (6.0% 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 Runcorn's advertised median rent — not a rent for this listing.

Net yield
-1.00%
Annual cashflow (pre-tax)
$-439,962
Interest cover (DSCR)
-0.19
Annual rent
$35,204
Operating expenses
$106,380
Loan amount
$5,673,621
Annual interest
$368,785
Gross yield
0.50%

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$7,092,026available15 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 $677/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 0.5%. 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

Runcorn in one glance

Runcorn at a glance

15,927

People

$1,260,000

Median sale

$677/wk

Median rent

2.79%

Suburb gross yield

Median sale from 56 recorded sales (last 12 months) — a Districts calculation.

See the full Runcorn report →

Keep researching

  • Why Runcorn? Read the area thesis →
  • What else is on the market in Runcorn →
  • Other records on Penarth St →

Listing material

Listed by Clearcut Real Estate

Renovated |Location|Low-Maintenance

ClearCut Real Estate proudly presents this beautifully maintained townhouse, perfectly positioned in one of the most desirable pockets of the complex. Offering a practical floorplan, tasteful updates and exceptional convenience, this home is ideal for first home buyers, downsizers or savvy investors seeking a low-maintenance lifestyle without compromising on comfort.

Designed across two levels, the home provides excellent separation between living and accommodation. Downstairs, you'll find a welcoming open-plan living and dining area that flows seamlessly into the beautifully renovated kitchen, creating the perfect space for everyday living and entertaining. The kitchen has been thoughtfully updated with modern finishes and ample storage, while the adjoining covered patio and well-maintained courtyard provide a private outdoor retreat for relaxing or hosting family and friends.

Upstairs is dedicated to peaceful living, with all three bedrooms positioned away from the main living areas. The spacious master bedroom enjoys its own ensuite and built-in robe, while the remaining bedrooms are serviced by a well-appointed central bathroom. The third bedroom also offers the flexibility to be used as a home office or study, making it perfect for today's lifestyle.

Read the full description

The current owners have taken great pride in maintaining and improving the property, with fresh paint touch-ups, upgraded flooring throughout the lower level, LED lighting, ceiling fans throughout, and split system air-conditioning, allowing the next owner to simply move in and enjoy.

Residents of the complex also have exclusive access to a shared swimming pool, adding to the relaxed, resort-style lifestyle on offer.

Conveniently located within walking distance to quality schools, local parks, walking trails and public transport, and only minutes from shopping centres, restaurants and everyday amenities, this is a location that continues to be highly sought after.

Property Highlights:

- Sweet spot location within a well-maintained complex

- Three spacious bedrooms, including a master with ensuite

- Flexible third bedroom or home office

- Beautifully renovated kitchen with modern finishes

- Open-plan living and dining area

- Upgraded flooring on the lower level

- LED lighting and ceiling fans throughout

- 3 x Split system air-conditioning

- Private, low-maintenance courtyard with covered patio

- Single lock-up garage with internal access and an open space parking

- Access to the complex swimming pool

- Walking distance to schools, parks, walking trails and public transport

- Minutes to local shopping centres, restaurants and everyday amenities

Whether you're entering the market, looking to downsize or expand your investment portfolio, this beautifully presented townhouse offers outstanding value, modern comfort and an unbeatable location in the heart of Runcorn.

Listing description written by Gary Singh, Clearcut Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Grey Water System
  • Pay TV
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.