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.
$990,000
Last sold
14 Dec 2021
4
Bedrooms
3
Bathrooms
3
Car spaces
704 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
$990,000
14 Dec 2021 · 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.
Vs Westlake
-40.0%
Median sale
Suburb $1,650,444
+1.61 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 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 $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.
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
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.
Listing material
Listed by Selling HomesSituated in an elevated position in one of Westlake’s quiet and sought-after streets, this double storey residence is perfect for the growing family.
Thoughtfully designed and with a unique layout, this immaculately presented home with quality fixtures and fittings throughout, will ensure there is absolutely nothing to be done, just move in and enjoy!
Upon entry you will be instantly impressed with the soaring raked ceilings and fireplace in the sunken formal lounge – a great place for your family to relax at the end of the day.
The truly breath-taking master chef’s kitchen features stone bench tops with breakfast bar, room for a double door fridge, dishwasher, Pyro
Clean electric oven, and loads of storage space. A third bathroom is conveniently located on this level alongside a second living room which flows seamlessly to the outdoor covered area, grassy backyard and concrete saltwater swimming pool. Entertaining is so easy as you enjoy the outdoors amongst the beautifully landscaped gardens.
The stylish carpeted upper level leads to 4 generous bedrooms. The spacious master has high raked ceilings, modern fan and air conditioning as well as plantation shutters which can be opened to overlook the lower level. There is a walk through his and hers robe leading to a well laid out and stylish ensuite.
10 Nisbet Street Westlake features
- 4 generous sized built-in bedrooms
- 3 bathrooms
- Sunken formal lounge with fireplace
- Gourmet chefs’ kitchen
- Separate laundry room
- Double lock up garage with internal access
- Concrete salt water inground swimming pool
- Secured covered carport for boat or trailer
- Elevated 704sqm block, water tank and garden shed
- Well established and landscaped gardens
- Approx 19kms to CBD
This is the ultimate location being only a few minutes to local shops, parks and transport and only a short drive to the Middle Park Shopping Village and Mount Ommaney Shopping Centre. Access to all the Private Schools is only a short walk away to the bus stop.
This property is being sold without a price and therefore a price guide cannot be provided until after the first inspection. The website may have filtered the property into a price bracket for website functionality purposes. As per legislation no price and no price range will be given to potential buyers.
Property Code: 297
Listing description written by Lisa Terare, Selling Homes — reproduced as published, not verified by Districts.
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