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QLD › Ripley › Glassey Pde

ULot 849, 60 Glassey Pde, Ripley QLD 4306

For saleHouse

$599,900

For sale

Asking

4

Bedrooms

2

Bathrooms

1

Car spaces

225 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $599,900 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $599,900(Listing record · 13 June 2024)
  • FactLand 225 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Ripley (last 5 years) with land size: median $2,461/m² of land (n=161). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 35% below the Ripley median recorded sale ($920,000, n=153, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Ripley's advertised median rent ($636/wk), implied gross yield would be 5.51% — 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

$599,900

Asking · $2,666/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Ripley (last 5 years) with land size have a median of $2,461/m² of land (n=161). Districts calculation from recorded sales — not a valuation.

Ripley at a glance

11,261

People

$920,000

Median sale

$636/wk

Median rent

3.59%

Suburb gross yield

Median sale from 153 recorded sales (last 12 months) — a Districts calculation.

See the full Ripley report →

Vs Ripley

-34.8%

Median sale

Suburb $920,000

+1.92 pp

Gross yield

Suburb 3.59%

Suburb median $920,000 from 153 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$599,900
Stamp Duty (Queensland)
$20,021
Transfer/Registration Fee
$2,204
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
$625,825

$25,925 on top of the price (4.3% 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 Ripley's advertised median rent — not a rent for this listing.

Net yield
4.01%
Annual cashflow (pre-tax)
$-7,121
Interest cover (DSCR)
0.77
Annual rent
$33,072
Operating expenses
$8,999
Loan amount
$479,920
Annual interest
$31,195
Gross yield
5.51%

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$599,900available13 June 2024

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 $636/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 5.5%. 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

Ripley in one glance

Ripley at a glance

11,261

People

$920,000

Median sale

$636/wk

Median rent

3.59%

Suburb gross yield

Median sale from 153 recorded sales (last 12 months) — a Districts calculation.

See the full Ripley report →

Keep researching

  • Why Ripley? Read the area thesis →
  • What else is on the market in Ripley →
  • Other records on Glassey Pde →

Listing material

Listed by Area Specialist QLD

Eligible for FHOG with $30,000 and no Stamp duty paid!

This off the plan four-bedroom family Terrence Home boasts brand-new construction on a 225m2 block with both a spacious interior and generous finishing. Discover two distinct living spaces, all thoughtfully curated to elevate your living experience.

Stage 8 Available Now

Stage 10 Available in Oct for land registration

Read the full description

Land cost $230,000

Build cost $370,000

Upgrades available on request

Experience the convenience of being mere minutes away from parks, primary and secondary schools, childcare centers, and all the essential local amenities you need.

Property Features -

• 4 Bedrooms

• 2 Bathrooms

• 1 Car Garage

• • Clothesline wall mounted with concrete

pad and Letterbox

• Exposed aggregate to Driveway, Porch

and Outdoor Living Area

• Boundary Fencing & Landscaping to front

and rear yards

• Flyscreens and window locks to all

operable windows

• LED Downlights to Living areas, Oyster

Light Fittings to other rooms

• Ceiling fans to bedrooms

• 600mm stainless steel kitchen appliances

including dishwasher

• 20mm Caesarstone benchtops throughout

• Quality floor coverings throughout

• Split system to family room & bedroom 1

• Roller blinds (single) to windows and sliding

doors (excludes bathrooms, ensuite & toilet)

• Level and newly turfed backyard

Local Schools -

• Ripley Valley State Secondary College

• Ripley Central State School

Location highlights -

• 2 minutes to the Ampol Fuel Station, McDonalds, Dominoes, and newly opened Red Rooster fast food restaurant

• 5 minute drive to Ripley Town Centre with Coles, a Medical Centre, Anytime Fitness and approximately 20 speciality stores

• Easy access into and out of the estate, onto the Cunningham Highway which will take you 30 minutes to Brisbane

• 10 minute drive to Yamanto Shopping centre with Kmart, Cotton On, Coles, and other specialty stores

• 10 minute drive to Ipswich CBD

• 15 minute drive approx to Orion Springfield Central shopping centre which offers a diverse range of retail outlets, cinemas, restaurants, and cafes

• In addition, Raceview, Yamanto, Orion, and Booval shopping centres are only 10 minutes away

Cycle paths, and picnic areas

If you have any further interest, please do not hesitated to contact Nino Chen on 0451 020 828.

Disclaimer:

We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective renters should make their own enquiries to verify the information contained in this advertisement.

Listing description written by Nino Chen, Area Specialist QLD — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Courtyard
  • Dishwasher
  • Secure Parking
  • Study

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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.