Garbutt at a glance
2,507
People
$620,000
Median sale
$417/wk
Median rent
3.50%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
QLD › Garbutt › Lockheed St
$450,000
Last sold
14 June 2023
5
Bedrooms
2
Bathrooms
3
Car spaces
809 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
$450,000
14 June 2023 · derived via latest_sale
Local land rate: recorded House sales in Garbutt (last 5 years) with land size have a median of $625/m² of land (n=98). Districts calculation from recorded sales — not a valuation.
Garbutt at a glance
2,507
People
$620,000
Median sale
$417/wk
Median rent
3.50%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Vs Garbutt
-27.4%
Median sale
Suburb $620,000
+1.32 pp
Gross yield
Suburb 3.50%
Suburb median $620,000 from 31 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 $417/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
Garbutt at a glance
2,507
People
$620,000
Median sale
$417/wk
Median rent
3.50%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Nxtgen PropertyUnder Contract with Walter Van Ruth!!
Tucked away is a QUIET & secluded location, just minutes from the CBD, a hidden oasis awaits! This much loved; five bedroom family home, is offered to the market in fantastic condition and is value packed with all the extras. Lifestyle, easy maintenance, and convenience are on offer; and with room for the family to spread out, your new home will be a pleasure for the whole family.
Vacant possession is guaranteed; but you will need to act fast! Properties in this condition, with all the extras in this price range do not last long. The sellers have listed this property to be sold and all reasonable offers will be considered. Make sure you don’t miss your opportunity to secure this fantastic family home.
Property Features:
- The tasteful extension; completed in 2005 blends the original Queenslander with a modern twist beautifully.
- The first living area at the front of the property makes for a large and inviting lounge room, with gleaming polished timber floors it forms the central hub, leading to the kitchen.
- A kitchen that will put a smile on the face of any cooking enthusiast, with sweeping bench tops and loads of cupboard space. The kitchen is fitted out with quality appliances and the dishwasher is also included in the sale.
- Step down to the large open plan dining/ family room that leads directly to your amazing backyard.
- The airconditioned master bedroom is huge, it will easily accommodate your king size bed, bedsides, dressing table and tallboy with room to move!
- The kids will have their choice of the four remaining bedrooms, all with cupboards and air-conditioning. Never again will they complain about having to share a room!
- Moving through to the rear of the property, you will find the perfect place to entertain family and friends on those balmy nights, with your 8 x 4m covered deck overlooking the stunning inground saltwater swimming pool.
- The shed is guaranteed to keep the handyman happy! With 15A single phase power this 8 x 4m shed large enough to accommodate a workbench, all your tools and space to work on your hobbies.
- There’s even a 3x3m lawn locker!
- The 4KW solar system will help keep power bills down.
- The combination of cross breeze ventilation and insulation to the whole home makes for a cool home all year round, minimising air conditioning use.
- Tucked away in a very quiet and private part of Garbutt.
- Centrally located to be in the CBD, Strand, Castletown Shopping Centre and quality schools within a 10 minute drive.
- Investors Note: Rental Appraisal (FEB 2023) $560-$590 per week.
Please note - All parties should make and rely upon their own enquiries in order to determine the accuracy of the information supplied. Please rely on your own inspection and investigations as the property may have changed since the photographs were taken. Nxt Gen Property bears no liability for any loss sustained due to inaccuracy or omission.
Property Code: 3061
Listing description written by Walter Van Ruth, Nxtgen Property — 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.