Raceview at a glance
10,782
People
$862,500
Median sale
$589/wk
Median rent
3.55%
Suburb gross yield
Median sale from 116 recorded sales (last 12 months) — a Districts calculation.
QLD › Raceview › Thornton St
For sale
For sale
4
Bedrooms
2
Bathrooms
2
Car spaces
166 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Asking
No recorded sale price for this property yet.
Raceview at a glance
10,782
People
$862,500
Median sale
$589/wk
Median rent
3.55%
Suburb gross yield
Median sale from 116 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning 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.
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
No advertised rent is recorded. Suburb median rent $589/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Raceview at a glance
10,782
People
$862,500
Median sale
$589/wk
Median rent
3.55%
Suburb gross yield
Median sale from 116 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by STRUD PropertyPositioned within a secure gated complex in the heart of Raceview, 81/85 Thornton Street presents an affordable opportunity to enter the property market or secure a well located addition to your investment portfolio.
Offering four bedrooms, two bathrooms and parking for two vehicles, this modern townhouse combines practical living with a low maintenance lifestyle. With the property currently leased until September 2026, investors can benefit from immediate rental income, while future owner occupiers can secure the property now and plan ahead.
The thoughtfully designed floor plan provides excellent separation between the living and accommodation areas. The master bedroom offers its own private ensuite and walk in wardrobe, while the remaining three bedrooms are complete with built in wardrobes and ceiling fans.
At the heart of the home is the open plan living and dining area, creating a comfortable space for everyday living and entertaining. The adjoining kitchen offers ample cabinetry, quality appliances and plenty of bench space, allowing you to remain connected with family or guests while preparing meals.
Outside, the low maintenance courtyard provides a private space to relax without the ongoing upkeep of a large yard. Residents also enjoy access to the complex swimming pool, offering an easy way to cool off and unwind during the warmer months.
Completing the property is a single lock up garage and an additional carport, providing secure and convenient parking for two vehicles.
Whether you are a first home buyer looking to secure an affordable foothold in the market or an investor seeking an established tenancy in a convenient location, this townhouse represents an opportunity well worth considering.
Property Features:
* Four generously sized bedrooms with built in wardrobes and ceiling fans
* Private master bedroom with walk in wardrobe and ensuite
* Two modern bathrooms
* Light filled open plan living and dining area
* Functional kitchen with quality appliances, ample cabinetry and bench space
* Private and low maintenance courtyard
* Single lock up garage plus an additional carport
* Secure gated complex offering added peace of mind
* Access to the complex swimming pool
* Convenient Raceview location close to everyday amenities
* Ideal opportunity for first home buyers and investors
For The Investor:
Current Rent: $500.00 per week
Lease End Date: 18 September 2026
Date of Last Rent Increase: 21 August 2024
Body Corporate Fees: $3,662.16 Per Annum
Rates: $638.65 Per Quarter (Subject to Change)
Water Usage: $443.18 Per Quarter (Subject to Change)
With an established tenant already in place and the flexibility to suit both investors and future owner occupiers, 185/85 Thornton Street offers outstanding value in a convenient and well connected Raceview location. Enquire today to arrange your inspection.
Disclaimer:
STRUD Property has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Listing description written by Tom Fox, STRUD Property — reproduced as published, not verified by Districts.