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QLD › South Brisbane › Manning St

U506, 48 Manning St, South Brisbane QLD 4101

For saleUnit

$820,000

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

83 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $820,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $820,000(Listing record · 18 Aug 2026)
  • FactLand 83 m²; no building size recorded.(Property record)
  • CalculationIf it leased at South Brisbane's advertised median rent ($814/wk), implied gross yield would be 5.16% — 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

$820,000

Asking · $9,880/m² of land

No recorded sale for this property.

South Brisbane at a glance

17,564

People

No data

Median sale

$814/wk

Median rent

No data

Suburb gross yield

See the full South Brisbane report →

Total cost to purchase

Purchase Price
$820,000
Stamp Duty (Queensland)
$29,925
Transfer/Registration Fee
$3,228
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
$856,853

$36,853 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 South Brisbane's advertised median rent — not a rent for this listing.

Net yield
3.66%
Annual cashflow (pre-tax)
$-12,612
Interest cover (DSCR)
0.70
Annual rent
$42,328
Operating expenses
$12,300
Loan amount
$656,000
Annual interest
$42,640
Gross yield
5.16%

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$820,000available18 Aug 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 $814/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 5.2%. 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

South Brisbane in one glance

South Brisbane at a glance

17,564

People

No data

Median sale

$814/wk

Median rent

No data

Suburb gross yield

See the full South Brisbane report →

Keep researching

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

Listing material

Listed by Junction Estate Agents

Your South Brisbane Story Starts Here

Some addresses simply make everyday life feel easier.

At 506/48 Manning Street, South Brisbane, you’re close enough to feel the energy of the city, yet tucked away enough to come home, close the door and enjoy your own space.

Mornings might begin with coffee on the balcony before wandering out for breakfast. Weekends could mean a walk through South Bank, an afternoon at the galleries, dinner along Fish Lane or simply following the river with nowhere particular to be.

Read the full description

And when the evening is over, home is only moments away.

That’s the beauty of living here. So much of Brisbane is already on your doorstep.

A Home That Just Feels Easy

Step inside and the apartment immediately feels comfortable and well considered.

Approximately 82m² of total living gives you room to breathe, with the kitchen, dining and living spaces coming together as the heart of the home before opening naturally onto the balcony.

It’s the kind of space that works just as well for a quiet night in as it does with friends gathered around the table.

The two bedrooms are thoughtfully separated, giving everyone a little more privacy. There’s room for a couple to create a home office or guest room, space for friends to share comfortably, or simply the flexibility to make the apartment your own.

A Little More Boutique

There’s also something refreshing about coming home to a building that doesn’t feel enormous.

With just 46 residences, the complex offers a more boutique style of living than many of South Brisbane’s larger developments.

It feels more personal, more private and a little removed from the scale of the high-rise towers around the inner city, without giving up the convenience of being right in the middle of it all.

Where the Neighbourhood Becomes Part of Home

This is where Manning Street really comes into its own.

South Brisbane is a neighbourhood you can actually live on foot.

Coffee shops, restaurants and hidden bars are scattered throughout the surrounding streets. Fish Lane brings its own mix of food, art and atmosphere. South Bank gives you riverside walks, parklands and weekend afternoons in the sunshine, while QAGOMA, QPAC and Brisbane’s cultural precinct are all close enough to become part of everyday life rather than somewhere you only visit occasionally.

Cross the river and you’re in the CBD. Wander in the other direction and you have the relaxed personality of West End.

For families thinking ahead, the address also sits within the Brisbane State High School catchment, another reason this pocket of South Brisbane continues to be so tightly held.

Here, you don’t have to choose between city convenience and neighbourhood character.

You get both.

A Home for Now, an Address for Later

Whether you’re looking for somewhere to eventually call home or an investment in a location people genuinely want to live in, 506/48 Manning Street has an easy, enduring appeal.

The apartment is currently rented at $815 per week, increasing to $850 per week from 22 September 2026, giving an incoming owner an established rental return from the outset.

At a Glance:

Two bedrooms and two bathrooms

Approximately 72m² internal living

Approximately 10m² balcony

Approximately 82m² total

Boutique complex of just 46 residences

Open-plan kitchen, dining and living

Well-separated bedrooms for added privacy

Currently rented at $815 per week / Rent increasing to $850 per week from 22 September 2026

Within the Brisbane State High School catchment

Moments from Fish Lane and South Bank

Close to QAGOMA, QPAC and Brisbane’s cultural precinct

Easy access to West End and Brisbane CBD

Some homes are about the apartment. This one is about everything that comes with it.

To find out more or arrange your inspection, contact Karen Chen on 0447 254 525

I’d love to show you through and help you discover what makes this South Brisbane address so special.

Listing description written by Karen Chen, Junction Estate Agents — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Dishwasher
  • Floorboards
  • Remote Garage
  • Secure Parking

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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.