One Mile at a glance
2,167
People
$745,000
Median sale
$503/wk
Median rent
3.51%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
QLD › One Mile › Mcgreavy St
$390,000
Last sold
22 June 2023
5
Bedrooms
1
Bathrooms
3
Car spaces
750 m²
Land
283 m²
Building
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
$390,000
22 June 2023 · derived via latest_sale
Local land rate: recorded House sales in One Mile (last 5 years) with land size have a median of $642/m² of land (n=138). Districts calculation from recorded sales — not a valuation.
One Mile at a glance
2,167
People
$745,000
Median sale
$503/wk
Median rent
3.51%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs One Mile
-47.7%
Median sale
Suburb $745,000
+3.20 pp
Gross yield
Suburb 3.51%
Suburb median $745,000 from 27 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 $503/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
One Mile at a glance
2,167
People
$745,000
Median sale
$503/wk
Median rent
3.51%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Revolution Property GroupWell here is your chance and you are going to need to move quickly or you are going to miss out!
This is potentially your one and only chance to double your profits by securing this brick 5 bedroom family home that gives you the opportunity to:
(1) Significantly increase its value/equity by renovating the home; and
(2) Flip the home for a profit!
(3) Increase the rent for high yielding property with low upfront investment
(4) Use the equity to purchase another property and grow your investment portfolio
(5) Hold the home to live, the choice is your!
This is an incredibly rare opportunity as very rarely do we get an opportunity to offer a large family home you can renovate and increase its value and have so many options to make some serious money or grow your rental portfolio at a very affordable price.
For the savvy investor looking to further increase their portfolio or looking for their first, the home is currently tenanted with the tenants paying $340 per week and currently on a periodic lease. We have a current rental appraisal on the home at $430-$460 per week.
The existing family home is really quite large and all the living areas and all five bedrooms are of good size. The kitchen has a great ergonomic layout with all the electric appliances that you would expect to have in a modern home. Featuring a separate dining and lounge, internal laundry, large alfresco area and 2 large carports.
The property has two-street frontage and with the installation of a gate it provides you side yard access to the massive carport and storage shed. Previously there was an inground pool but has since been removed. You could put a pool back in or fill in the area to reclaim the space back as a grassed area for kids and pets to run and play in the safety of your fully fenced 750sqm block.
The home is within easy walking distance of the Immaculate Heart Private Primary School– how convenient is that? The Leichhardt State Primary School is located just down the road along with Leichhardt Community Shopping Centre and Swimming Complex and the Ipswich Country Club. You are less than 3 kilometres from the Ipswich CBD and there is bus transport to get you into the Ipswich CBD and electric Train Station or the Riverlink Shopping Development. It is also within a few short minutes of the new Yamanto Central shopping Development.
Homes that are this big, with this much potential and at this super affordable price rarely come to the market.
There is no time to waste when it comes to this rare and ready to live in or rent out family home. It is perfect for investors or anyone who just wants to make some money, young couples just getting started, mature couples looking to downsize and have a place to park the caravan and call home and for everyone else in between. You will need to be quick or it will be gone!
Most importantly, there is one more compelling reason to buy this feature packed and renovator family home - it has been priced to sell quickly at Offers Over $349,000.
Call Corey Athanates to book an inspection today!
DISCLAIMER: Revolution Property Group has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.
Listing description written by Corey Athanates, Revolution Property Group — 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.