Heritage Park at a glance
5,374
People
$995,000
Median sale
$637/wk
Median rent
3.33%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
QLD › Heritage Park › Melastoma Pl
$1,030,000
Last sold
27 Sept 2024
4
Bedrooms
2
Bathrooms
3
Car spaces
1,159 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
$1,030,000
27 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Heritage Park (last 5 years) with land size have a median of $1,227/m² of land (n=147). Districts calculation from recorded sales — not a valuation.
Heritage Park at a glance
5,374
People
$995,000
Median sale
$637/wk
Median rent
3.33%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Vs Heritage Park
+3.5%
Median sale
Suburb $995,000
-0.11 pp
Gross yield
Suburb 3.33%
Suburb median $995,000 from 33 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 $637/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
UnknownNearby 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.
Area
Heritage Park at a glance
5,374
People
$995,000
Median sale
$637/wk
Median rent
3.33%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Marsden AKGAnother fabulous street record sale from The Jess Nguyen Team! More properties needed, if you have something similar, contact us now!
Have you been looking for a spacious family home that has the extra living areas, decent yard for the pool and shed as well as plenty of room to entertain? Look no further than 1 Melastoma Place, Heritage Park! But be quick, a home like this is likely to be sold fast!
This magnificent property has everything your family needs, from an amazing floorplan offering formal lounge area, spacious family, dining area, office/study area as well as rumpus room that's perfect for the pool table! The kitchen has been recently updated with stone benches, glass splashbacks, quality appliances including dishwasher and just pure luxury for the food enthusiasts!
There are 4 bedrooms, all with ceiling fans, main bathroom as well as private ensuite and double remote garage. Step outside and you will discover the backyard you've always wanted with fabulous wrap around timber deck overlooking the inground pool with Balinese hut, sitting proud on a 1,159m2 corner block with side access and tucked away nicely is the powered shed, and still plenty of room for the kids and pets to roam free.
The home has been tastefully updated including newly laid hybrid timber flooring and luxurious carpet, repointed and repainted roof, freshly painted driveway and a host of additional add-on inclusions such as air conditioning in most rooms, tinted windows throughout, alarm system with camera including app, 20 panel solar system, 2 x water tanks, garden shed, security screens and doors, sauna and quality fittings throughout.
A rare opportunity to secure a beautiful property in the heart of Heritage Park is available now so do not delay as this wonderful home will be very popular and likely to sell fast, please ensure you check our open home schedule or make contact to arrange your private inspection before it is too late.
1 Melastoma Place, Heritage Park features at a glance:
4 great sized bedrooms (3 with built-in wardrobes)
Separate lounge, dining and family areas
Additional study/office area
Additional Rumpus/Games room
Double remote garage
Updated kitchen with stone benches and quality appliances including dishwasher
2 bathrooms (master with ensuite)
L shape patio with timber decking
Additional patio
In-ground salt pool with Balinese hut
5.8m x 3.8m powered shed
Internal laundry
Air conditioning x 4
Recent paint internally
Updated carpets
Updated hybrid timber floors
Updated fans
Tinted windows throughout
Security screens and doors throughout
Repointed and repainted roof
20 panel solar system
Alarm camera system
Outdoor sauna
Garden shed
2 x water tanks
Well maintained property throughout
Owner occupied property
Corner block position
1,159m2 with established gardens
Close to schools, shops and transportation
Listing description written by Jess Nguyen, Ray White Marsden AKG — reproduced as published, not verified by Districts.