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QLD › Reedy Creek › Gilgandra Cl

10 Gilgandra Cl, Reedy Creek QLD 4227

House

$1,850,000

Last sold

6 Aug 2026

5

Bedrooms

3

Bathrooms

4

Car spaces

700 m²

Land

319 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,850,000 (6 Aug 2026).(Recorded sale)
  • CalculationRecorded House sales in Reedy Creek (last 5 years) with land size: median $1,989/m² of land (n=115). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Low density residential (Low density residential) under the City Plan.(City of Gold Coast · 30 Aug 2026)

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. 1No 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

$1,850,000

6 Aug 2026 · derived via latest_sale

Local land rate: recorded House sales in Reedy Creek (last 5 years) with land size have a median of $1,989/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.

See the full Reedy Creek report →

Vs Reedy Creek

+4.2%

Median sale

Suburb $1,775,000

-0.10 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 and development

Planning scheme

City Plan

Zone

Low density residential

Low density residential

Jurisdiction

City of Gold Coast

Gold Coast, QLD

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: City of Gold Coast
  • Dataset: City Plan V13 Zone
  • Retrieved: 30 Aug 2026
  • Version: 13
  • Parcel: 72SP167614

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$1,850,0006 Aug 2026
  2. Listedprice unknowncompleted14 May 2026
  3. Listedprice unknowncompleted14 May 2026

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?

Confidence: medium

Zoned Low density residential (City Plan). Official parcel area about 705 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Low density residential (City Plan). Official parcel area about 705 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

    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?

    Knownmedium

    Official parcel about 705 m² — land size can look like optionality. No 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

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Reedy Creek in one glance

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.

See the full Reedy Creek report →

Keep researching

  • Why Reedy Creek? Read the area thesis →
  • What else is on the market in Reedy Creek →
  • Other records on Gilgandra Cl →

Listing material

Listed by Ray White TMG

SOLD BY CRAIG MCCALLUM

Set high on the elevated side of a peaceful cul-de-sac within the prestigious Observatory, this expansive former Metricon display home showcases a rare combination of quality craftsmanship, generous proportions, and refined family living. Spanning two spacious levels with soaring 2.5m ceilings on the ground floor and 2.4m ceilings upstairs, the home offers a highly functional layout perfectly suited to growing families, multi-generational living, or those seeking versatile work-from-home options.

At the heart of the home lies an expansive open-plan kitchen, living, and dining zone that seamlessly connects to the oversized outdoor entertaining deck creating the ultimate indoor-outdoor lifestyle. Overlooking the sparkling pool and capturing elevated breezes, this impressive entertaining space is perfectly designed for hosting family gatherings year-round or sell out table tennis tournaments.

The gourmet kitchen is both stylish and practical, featuring quality 900mm stainless steel appliances, generous bench space, ample storage, and plumbed water connection for the fridge. A separate formal lounge offers the perfect media or cinema room retreat, while downstairs guest accommodation with an adjacent bathroom provides excellent flexibility for extended family, visitors, teenagers, or a dedicated home office setup.

Read the full description

Designed with modern connectivity in mind, the home is equipped with a centrally located telecommunications hub featuring NBN FTTP connectivity, Wi-Fi distribution, and hardwired Ethernet ports throughout delivering fast and reliable internet ideal for streaming, gaming, remote work, and smart home integration. A Ubiquiti EdgeRouter 6P powers the network infrastructure, while the Hills Home Music Module and inbuilt ceiling surround sound audio system further elevate the home's entertainment capabilities.

Additional features include ducted air conditioning throughout, elevated street presence, multiple living zones, and the timeless quality synonymous with Metricon's premium display homes. Be sure to submit an enquiry to receive a copy of the comprehensive due diligence report or contact me on 0422 545 825 to discuss further.

Features you'll love:

• Former Metricon display home built in 2005

• 700m2 North-east facing allotment with approx. 23m street frontage

• Approx. 319m2 of internal living space

• 2.5m ceilings downstairs and 2.4m ceilings upstairs

• Elevated position on the high side of a quiet cul-de-sac

• Five spacious bedrooms with flexible guest accommodation downstairs

• Three bathrooms including downstairs guest bathroom

• Formal lounge/media or cinema room

• Expansive open-plan kitchen, living, and dining area

• Large outdoor entertaining deck with pergola overlooking the pool

• Ducted air conditioning throughout

• Plumbed fridge water connection (Westinghouse fridge can be a negotiated inclusion)

Smart home features:

• Central communications hub - smart home integration

• NBN - Fibre to the premises

• Hardwired Ethernet ports throughout the home

• Ubiquiti EdgeRouter 6P networking system

• Hills Home Music Module with inbuilt ceiling surround sound audio

Location Highlights - Conveniently positioned just minutes from world-class amenities, including:

• Reedy Creek Village - 1.8km

• Burleigh Heads Beach - 9.5km

• Burleigh Brewery Co - 4.7km

• Tallebudgeera Creek - 10.8km

• Robina Town Centre - 6.3km

• Robina Hospital - 7.1km

• Greenheart Robina Parklands - 7.8km

• CBUS Super Stadium - 7.6km

• Varsity Train Station - 3.9km

• The Glades Golf Course - 8.4km

• Bond University - 8km

Education - Unparalleled proximity to some of the Gold Coast's most highly regarded schools:

• Hillcrest Christian College - 3km

• Gold Coast Christian College - 3.3km

• Kings Christian College - 4.2km

• Somerset College - 5.3km

• St Andrews Lutheran College - 6.4km

• Varsity College - 6.7km

School Catchments:

• Clover Hill State School - 5.4km

• Robina State High School - 7.1km

Investment Snapshot:

• Rental appraisal: approx. $1,500/week (4.42% yield)

• Airbnb off-season rates: approx. $450 - $650/night

• Airbnb peak-season rates: approx. $750 - $1,000/night

• Water rates: approx. $310.56 per quarter (excl. usage)

• Council rates: approx. $1,328.27 bi-annually

DISCLAIMER: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate; however, accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Listing description written by Craig McCallum, Ray White TMG — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Fully Fenced
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Shed

Also look at

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  • 23 York Creek Cres, Reedy Creek QLD 4227

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  • U17, 54 Gemvale Rd, Reedy Creek QLD 4227

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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.