Springwood at a glance
10,231
People
$1,235,000
Median sale
$690/wk
Median rent
2.91%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
QLD › Springwood › Lenore Cres
$985,000
Last sold
19 Feb 2025
4
Bedrooms
1
Bathrooms
3
Car spaces
799 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
Last sold
$985,000
19 Feb 2025 · derived via latest_sale
Local land rate: recorded House sales in Springwood (last 5 years) with land size have a median of $1,491/m² of land (n=105). Districts calculation from recorded sales — not a valuation.
Springwood at a glance
10,231
People
$1,235,000
Median sale
$690/wk
Median rent
2.91%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
Vs Springwood
-20.2%
Median sale
Suburb $1,235,000
+0.73 pp
Gross yield
Suburb 2.91%
Suburb median $1,235,000 from 65 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $690/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
UnknownArea
Springwood at a glance
10,231
People
$1,235,000
Median sale
$690/wk
Median rent
2.91%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Daisy HillWelcome to 1 Lenore Crescent, Springwood; an incredibly rare opportunity for those looking to develop, invest short term or long term and even occupy - all possible due to the low-medium density zoning (apartment precinct) which can open up a variety of development opportunities and long term growth. Available for sale for the first time in almost thirty seven years, the reluctant owner has made the decision clear that this property will be sold.
Powerfully positioned on a flat 799sqm block with dual street access from Lenore Crescent and Springwood Road, adding even more potential with greater exposure and easier development. Located on the doorstep of Springwood CBD with an endless list of local amenities only a moment away, a few of the development opportunities include apartments, home business, duplex and even residence with an auxiliary unit (each subject to council approval).
The property itself is a well maintained low-set brick and tile home with a fluent floor plan suitable for many different living arrangements. Equipped with four bedrooms, spacious main bathroom, large living area flowing through to the kitchen/dining space, internal laundry, rear undercover patio and separate double lockup garage with additional single carport. Whether the choice be to occupy or invest, the potential and enjoyment within the home is endless.
Located within minutes from the M1 for access to Brisbane CBD or the Gold Coast, several Shopping Villages (choices are endless), Schools, Hospitals, Universities, Transport (buses & trains) and many other necessary facilities. This property will suit developers, savvy investors and owner occupiers due to its value, potential/zoning, and location.
Property Features Include:
- Four spacious bedrooms
- Rejuvenated main bathroom with wheelchair accessibility
- Centralised kitchen with ample bench & cupboard space
- Oversized living area with attached dining space
- Large air-conditioning unit in the living area with additional unit in the main bedroom
- Spacious laundry with further storage & external access
- Rear patio overlooking the landscaped gardens with undercover section for entertaining
- Double lockup garage & single carport
- Beautifully kept gardens throughout with endless open lawn space
- Handy garden shed for further storage
- Fully fenced child friendly yard
Zoning & Location Features Include:
- Low-Medium Density Zoning (apartment precinct)
- Perfect for developing a business (similar to nearby offices etc)
- Rare short & long term gain for developers & investors
- Corner block with dual street access & 799sqm land size
- Over 34m in frontage from Lenore Crescent side
- Located a short walk from Springwood CBD
** Rental Appraisal available upon request ** - fantastic opportunity to invest in the most northern pocket of Springwood; especially with both the short term and long term potential.
This very special property will sell quickly, so don't delay, call marketing agent Jake Whitaker with any further questions today!
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 purchasers should make their own enquiries to verify the information contained in this advertisement.
Listing description written by Jake Whitaker, Ray White Daisy Hill — reproduced as published, not verified by Districts.
Nearby 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.