23 Norval Street, Salisbury, QLD 4107 sold on 17 October 2025 | OnTheHouse
SOLD
Sold on 17 Oct 2025 for $1,614,519

23 Norval Street
Salisbury QLD 4107

Bedrooms: -
Bathrooms: -
Car spaces: 12
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Property Details for 23 Norval St, Salisbury

Building Type
Land
Year Built
1965
Local Government
Brisbane
Lot/Plan
4/RP167129

Last Listing description (April 2024)

3126m2 Site with DA for NDIS!

This large 3126m2 site has already received Development Application approval from Brisbane City Council. Further revisions to the DA are currently being processed to allow for six Villas, and seven Apartments as part of this two-stage development. Once fully occupied this opportunity could return as much as $1,367,748 per annum!

Stage 1 Norval Villas
6 x Two Ensuited Bedroom Villas, each with OOA Rooms

4 x Resident Car Parks
Communal Break Out Area
SDA Category = High Physical Support
Location Adjusted Price Per Resident = $44,889 + $10,912 (RRC)
Annual Income per Dwelling = $111,601
Total Return for 6 Dwellings with 2 Residents Each = $669,606

Stage 2 Althea Residences
6 x Two Bedroom, One Bathroom Units
1 x One Bedroom, One Bathroom Unit (OOA)
6 x Resident Car Parks
2 x Visitor Car Parks
Communal Break Out area
SDA Category = High Physical Support
Location Adjusted Price Per Resident = $105,445 + $10,912 (RRC)
Annual Income per Dwelling = $116,357
Total Return for 6 Dwellings with 1 Resident Each = $698,142

In addition, the proposed development will have an abundance of both private and public open spaces, allowing community interaction when desired, with the alfresco BBQ Area and Communal Pool.

Located centrally in the suburb of Salisbury, the proposed SDA development is ideally situated. With easy access to transport, including bus and train services, QEII Hospital across the road, world leading university, Garden City Shopping Centre 10 minutes away and less than 10km from Brisbane CBD, this is the perfect place to nurture independence.

*All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.

https://www.reval.com.au/23-25-norval-street-salisbury-qld-4107

Property History for 23 Norval St, Salisbury, QLD 4107

A timeline of how this property has performed in the market
Last Sold
$1,614,519
17 Oct 2025
  • 02 Apr 2024
    Listed for Sale By Negotiation
  • 30 Oct 2023
    Listed for Sale By Negotiation
  • 09 Feb 2007
    Listed for Sale $239,000
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About Salisbury 4107

The size of Salisbury is approximately 4.6 square kilometres. It has 10 parks covering nearly 14.9% of total area. The population of Salisbury in 2016 was 6290 people. By 2021 the population was 6790 showing a population growth of 8.0% in the area during that time. The predominant age group in Salisbury is 30-39 years. Households in Salisbury are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Salisbury work in a professional occupation.In 2021, 68.40% of the homes in Salisbury were owner-occupied compared with 67.10% in 2016.

Salisbury has 3,061 properties. Over the last 5 years, Houses in Salisbury have seen a 113.42% increase in median value, while Units have seen a 121.46% increase. As at 31 March 2026:

  • The median value for Houses in Salisbury is $1,406,252 while the median value for Units is $928,468.
  • Houses have a median rent of $670 while Units have a median rent of $550.
There are currently 15 properties listed for sale, and 17 properties listed for rent in Salisbury on OnTheHouse. According to Cotality's data, 105 properties were sold in the past 12 months in Salisbury.

Suburb Insights for Salisbury 4107

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.