Toowoomba City at a glance
2,477
People
$776,750
Median sale
$497/wk
Median rent
3.33%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
QLD › Toowoomba City › Park Ln
$595,100
Last sold
8 Dec 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
610 m²
Land
Districts View
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
$595,100
8 Dec 2023 · derived via latest_sale
Local land rate: recorded House sales in Toowoomba City (last 5 years) with land size have a median of $1,025/m² of land (n=66). Districts calculation from recorded sales — not a valuation.
Toowoomba City at a glance
2,477
People
$776,750
Median sale
$497/wk
Median rent
3.33%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Toowoomba City
-23.4%
Median sale
Suburb $776,750
+1.01 pp
Gross yield
Suburb 3.33%
Suburb median $776,750 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Toowoomba Regional Planning Scheme
Zone
Low-Medium Density Residential
Low-Medium Density Residential
Jurisdiction
Toowoomba Regional Council
Toowoomba, QLD
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
QLDZoned Low-Medium Density Residential (Toowoomba Regional Planning Scheme). Official parcel area about 594 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $497/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low-Medium Density Residential (Toowoomba Regional Planning Scheme). Official parcel area about 594 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumNo material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Toowoomba City at a glance
2,477
People
$776,750
Median sale
$497/wk
Median rent
3.33%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX Success Toowoomba- Front covered patio
- 3 good sized carpeted bedrooms each fitted with built-in robes
- Light filled sunroom
- Spacious carpeted lounge room boasting reverse cycle air-conditioning
- Generous kitchen equipped with electric cooktop, electric oven, rangehood and dishwasher, plus also featuring, single bowl sink, amply bench space and cupboards and a central island bench
- Additional rumpus room, a perfect place for the teenagers to enjoy or family games and movie nights
- Updated family bathroom home to both a separate bath and shower
- Separate toilet for extra convenience
- Good sized laundry with 2 wash tubs and built-in cupboard
- Security screens fitted to doors and some windows
- Timber style flooring to the kitchen and dining area
- Granny flat including 2 good sized carpeted rooms plus a shower and toilet - use as guest accommodation, room for the teenagers or bring the extended family under the same roof
- Covered outdoor entertainment area overlooking the central grassed area
- Rainwater tank
- Low maintenance 610m2 corner allotment
- Double lock up garage
- Currently rented at $450 per week until 25th January 2024
- Rent appraised at $550 per week
Welcome to 1 Park Lane, a beautifully designed family home just 350 metres from the Grand Central Shopping Centre, offering the epitome of urban convenience. Step into a welcoming front patio that sets the tone for relaxed family living. The home boasts three well-proportioned, carpeted bedrooms, each with built-in robes, ensuring space and privacy for everyone.
As you move further inside, you're greeted by a light-filled sunroom, an ideal setting for quiet afternoons or creative pursuits. The spacious lounge room, carpeted and fitted with reverse-cycle air conditioning, serves as the heart of the home, perfect for family gatherings or movie nights. Adjacent to it lies the generous kitchen, equipped with modern conveniences such as an electric cooktop, oven, rangehood, and dishwasher. The kitchen also features a single bowl sink, abundant counter space, and plenty of cupboards, crowned by a central island bench that can serve as a breakfast nook or additional prep space.
The home offers even more room for entertainment with an additional tiled rumpus room, a perfect sanctuary for teenagers or a venue for family game nights. The updated family bathroom is practical and elegant, featuring both a separate bath and shower, along with a sizeable vanity. Adding to the home's practicality is a separate toilet and a functional laundry room, complete with two wash tubs and built-in storage. For added security, screens have been fitted to doors and select windows. The dining area and kitchen are adorned with stylish timber-like flooring, adding a touch of sophistication to daily living.
But that's not all; this home comes with a 2-bedroom granny flat, complete with its own shower and toilet. This flexible space can be used as guest accommodation, a teenager's retreat, or even to bring extended family under one roof. Outdoor living is equally inviting with a covered entertainment area overlooking a central, grassed space ideal for weekend barbecues or relaxed evenings. The property also features a rainwater tank, all set on a low-maintenance 610m2 corner allotment with a secure double garage.
Investors - The property is currently rented for $450 per week, with the lease expiring on 25th January 2024. Our property management team has recently appraised the property at $550 per week, subject to market conditions.
Don't miss this rare opportunity for comfortable family living in a coveted location. Call today to arrange your exclusive viewing.
General rates: currently $1,250.41 net per half year
Water rates: currently $314.95 net per half year plus consumption
Primary school state catchment: Toowoomba North State School
High school state catchment: Harristown State High School
Home Built: 1955
Listing description written by James O'Donohue, RE/MAX Success Toowoomba — reproduced as published, not verified by Districts.
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