Reedy Creek at a glance
8,001
People
$1,775,000
Median sale
$819/wk
Median rent
2.40%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
QLD › Reedy Creek › Observatory Dr
$1,300,000
Last sold
28 Feb 2024
5
Bedrooms
3
Bathrooms
2
Car spaces
809 m²
Land
350 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
$1,300,000
28 Feb 2024 · derived via latest_sale
Local land rate: recorded House sales in Reedy Creek (last 5 years) with land size have a median of $1,996/m² of land (n=115). Districts calculation from recorded sales — not a valuation.
Reedy Creek at a glance
8,001
People
$1,775,000
Median sale
$819/wk
Median rent
2.40%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Vs Reedy Creek
-26.8%
Median sale
Suburb $1,775,000
+0.88 pp
Gross yield
Suburb 2.40%
Suburb median $1,775,000 from 43 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 $819/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
Reedy Creek at a glance
8,001
People
$1,775,000
Median sale
$819/wk
Median rent
2.40%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath SouthportThis tranquil stylish five Bedroom family home is perfectly positioned for enjoyment and convenience. Equipped for today's modern living this immaculately presented home presents a functional floorplan with multiple living areas to enjoy.
Set on a premium 809m2 block that overlooks peaceful bushland you will enjoy this well-appointed low maintenance block and love to entertain at your undercover outdoor alfresco area.
Features include but not limited to:
- Five bedrooms all of generous sizes with carpet, high ceilings, built in robes,
air conditioning and crimsafe screens, guest rooms set away from the master
for privacy
- Master suite of king sized proportions, walk in robe with his and her shelving,
carpet, high ceilings, air conditioning
- En-suite with his and her vanity, inviting bathtub, frameless shower and toilet,
plantation shutters to master and second ensuite to guest bedroom
- Chefs dream kitchen with gas cooking and quality BOSCH appliances,
breakfast bar, abundance of cupboard space and lovely stone benchtops with
waterfall edge
- Open plan lounge with polished timber floorboards, high ceilings, a natural
light filled space with double doo doors opening out to the alfresco area
- Main dining area, a generous space with plenty of natural light, perfect for
hosting a dinner party, polished timber floorboards, high ceilings, open flow
from the kitchen to the outdoor entertaining area
- Main bathroom with separate toilet, free-standing shower with dual
showerheads, deep bathtub to soak and relax, separate vanity room
- Reverse cycle air conditioning to main living area, dining room master
bedroom, plus two guest bedrooms, Crimsafe screens throughout
- Inviting timber deck fully covered for all year round enjoyment with Balinese
fans and built in bar, overlooking the reserve, the ultimate entertaining and
relaxing space
- Separate laundry with ample bench space and external access for easy living
- Double automated lock up garage with internal access
- Solar to help with energy costs
- Low maintenance manicured garden overlooking the lush bushland with
grassy area for kids and pets to play, garden shed and water tank for gardens
- Block Size: 809 m2 ,built 2006
Call for your personal inspection or view at Open home. You won't be disappointed.
A great location only 10 minutes from Burleigh Heads and the Robina Town Centre
The Gold Coast airport is just a 20-minute drive away
Less than an hour from the Brisbane CBD with easy access to the Pacific
Motorway
8 Private and Public schools within 5km, like Somerset College, Hillcrest College and Kings Christian College
30 minutes to Byron Bay, 55 minutes to Brisbane CBD, 10 minutes to the home of the Titans at Skilled Park Stadium
Disclaimer: All information (including but not limited to the property area, floor size, price, address, and general property description) is provided as a convenience to you and has been provided to McGrath by third parties. Consequently, McGrath is unable to definitively attest to the listed information's accuracy. McGrath does not accept any liability (indirect or direct) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits arising out of or in any way connect with the use or dissemination of any information, or any error, omission, or defect present within the information as appearing on the Website. Information appearing on the Website should not be relied upon and you should attend to your own personal enquiries and seek legal advice (where required) with respect to any property on the Website. Please also note, the prices displayed on the Website are current at the time of issue but are subject to change.
Listing description written by Nicole Carter, McGrath Southport — reproduced as published, not verified by Districts.