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QLD › Westlake › Colac Ct

10 Colac Ct, Westlake QLD 4074

House

$1,400,000

Last sold

7 Oct 2023

5

Bedrooms

3

Bathrooms

4

Car spaces

972 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,400,000 (7 Oct 2023).(Recorded sale)
  • FactLand 972 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Westlake (last 5 years) with land size: median $1,750/m² of land (n=137). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,400,000

7 Oct 2023 · derived via latest_sale

Local land rate: recorded House sales in Westlake (last 5 years) with land size have a median of $1,750/m² of land (n=137). Districts calculation from recorded sales — not a valuation.

Westlake at a glance

4,520

People

$1,650,444

Median sale

$766/wk

Median rent

2.41%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full Westlake report →

Vs Westlake

-15.2%

Median sale

Suburb $1,650,444

+0.44 pp

Gross yield

Suburb 2.41%

Suburb median $1,650,444 from 16 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$1,400,0007 Oct 2023
  2. Listedprice unknowncompleted23 Aug 2023
  3. Listedprice unknowncompleted23 Aug 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $766/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Westlake in one glance

Westlake at a glance

4,520

People

$1,650,444

Median sale

$766/wk

Median rent

2.41%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full Westlake report →

Keep researching

  • Why Westlake? Read the area thesis →
  • What else is on the market in Westlake →
  • Other records on Colac Ct →

Listing material

Listed by NGU Real Estate Brisbane

Ultimate Outdoor Entertainer - Self-Contained Granny Flat - Private and Flood Free

Nestled in an elevated and flood free private court within one of Westlake's most tightly held pockets, this property offers an exceptional lifestyle for families seeking both comfort and style. Boasting modern interiors, generous living spaces and the added bonus of a self-contained granny flat, this home is ideal for multigenerational living, established families, investors and business owners alike.

As you enter the home, soaring high ceilings and an abundance of light flowing through the floor to ceiling windows will create an inviting and refreshing atmosphere. Here, the spacious formal dining and living areas share updated interior finishes, new carpeting and air conditioning throughout for a sophisticated living experience. Flowing past these spaces you'll find the chef's kitchen, complete with a stunning solid granite benchtop and backsplash set for culinary adventures.

Adjacent to the kitchen you'll find a second living and dining room before heading into the three spacious bedrooms in this wing, all equipped with built-in wardrobes and ceiling fans. Ascend the winding staircase in the foyer to find the private and spacious master suite, complete with a generous walk-in-wardrobe and fully renovated bathroom.

Read the full description

Moving outside you'll find the beautiful outdoor entertaining space, complete with a spacious and newly revarnished alfresco deck, a built-in Caesarstone benchtop, barbeque and drinks fridge, and a glistening pool. Around the corner is a private outdoor seating area for those living in the self-contained granny flat. This granny flat is ideal for multi-generational living, investors or business owners as it hosts its own kitchenette, fully renovated bathroom and a bedroom spacious enough for an additional lounge area.

With five bedrooms, multiple living spaces, and ample outdoor entertaining space, this is the perfect home for those who seek sophistication without sacrificing comfort and relaxation. Whether you're looking for multigenerational living, a home for a growing family or a great investment opportunity, don't miss out on the chance to make this stunning property your new home!

What we love:

Four spacious bedrooms in the main wing, including a private master suite upstairs

A self-contained granny flat with a kitchen, fully renovated bathroom and generous bedroom/living space

Separate entrance to the granny flat (including through the garage)

Double lock up garage, 2 carport spaces and an area for a larger vehicle, such as a caravan or boat

Situated in a quiet, private and flood-free court

Split-system air-conditioning in the living room, dining room, kitchen, granny flat and master suite

Updated carpets and air-conditioning units throughout

One Peters Glen shade house in the backyard (3.6 x 2.4m)

16 solar panels, a 3000L water tank and a garden shed

Central vacuuming system

Lock-up security gates

Location:

Close proximity to river parklands, boat ramps, bike/walking tracks, various public transport facilities, cafes, restaurants, bars & shops

Short Drive to nearby Middle Park Shopping Centre (5 mins), Mt Ommaney Shopping Centre (6 mins), and Jindalee DFO (10mins)

Approximately 2.5km to McLeod Country Golf Course

Approximately 19km to Brisbane CBD

Education:

2.5km to Goodstart Early Learning Middle Park (approx.)

3.1km to Middle Park State School (approx.)

3.1km to Good News Lutheran School (approx.)

3.4km to Jamboree Heights Community Kindergarten (approx.)

5.2km to Centenary State High School (approx.)

Built to provide years of happy family memories, this stunning residence will become your peaceful retreat from the everyday. An exceptionally rare offering in one of the most sought-after and tightly held flood-free pockets of Westlake, this is not an opportunity to be missed. Get in touch with Jason Yang on 0403 217 009 today for further enquiries and to arrange your inspection. Properties like this do not present themselves very often, so make the most of this opportunity.

Disclaimer:

All information contained herein is gathered from sources we consider to be reliable however we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.

Listing description written by Jason Yang, NGU Real Estate Brisbane — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ensuites: 2
  • Floorboards
  • Fully Fenced
  • Living Areas: 3
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Shed
  • Toilets: 3
  • Vacuum System
  • Water Tank
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.