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On 5,093 properties that later sold, blending providers in narrowed typical error from 6.68% to 5.66%, and lifted the share landing within 10% of the sale price from 66.9% to 73.3%.
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Property overview
This 3-bedroom apartment at 34/7 Giosam Street Richlands in Richlands, QLD 4077 is currently on the market, with 2 bathrooms and parking for 1. It offers 104 m2 of internal living space. The apartment was built in 2017. Richlands sits about 16 km from the CBD, where the median unit price is $785K. Council data shows no flood or bushfire overlay on the site. 23 schools sit within about 5km, and the area scores 40 for walkability and 4 for transit out of 100.
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Richlands at a glance
Unit market signals | QLD 4077
Median
$785K
Market signals
To CBD
16 km
Est. Valuation
$833,793
Potential Sell Price
Est. Rent/wk
$634
Potential Gross Yield
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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.
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Key Highlights
Planning Overlays
No Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
From the listing description
Facts the agent has stated in the property description. Each item is attributed - click “View source” to see the original wording and verify against the listing.
Listing Details
- Density
- High Density
- Listed
- Last Updated
- Postcode
- 4077
- Original listing
- Original listing is on paid plans
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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