Wacol at a glance
4,618
People
$794,500
Median sale
$495/wk
Median rent
3.24%
Suburb gross yield
Median sale from 14 recorded sales (last 24 months) — a Districts calculation.
QLD › Wacol › Palmer Cres
$350,000
Last sold
7 Oct 2021
3
Bedrooms
1
Bathrooms
2
Car spaces
450 m²
Land
93 m²
Building
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
$350,000
7 Oct 2021 · derived via latest_sale
Local land rate: recorded House sales in Wacol (last 5 years) with land size have a median of $1,120/m² of land (n=26). Districts calculation from recorded sales — not a valuation.
Wacol at a glance
4,618
People
$794,500
Median sale
$495/wk
Median rent
3.24%
Suburb gross yield
Median sale from 14 recorded sales (last 24 months) — a Districts calculation.
Vs Wacol
-55.9%
Median sale
Suburb $794,500
+4.11 pp
Gross yield
Suburb 3.24%
Suburb median $794,500 from 14 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Brisbane City Plan 2014
Zone
Low density residential
LDR
Jurisdiction
Brisbane City Council
Brisbane, 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 density residential · LDR (Brisbane City Plan 2014). Official parcel area about 452 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 $495/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 density residential · LDR (Brisbane City Plan 2014). Official parcel area about 452 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
Wacol at a glance
4,618
People
$794,500
Median sale
$495/wk
Median rent
3.24%
Suburb gross yield
Median sale from 14 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Place IpswichThis lowset, low maintenance brick home is perfect to get your foot into the real estate market door! Not only is it located in the wonderful Wacol, but it has everything that a growing or established family needs.
This home currently has a great tenant on a fixed lease until August 2021 paying $330 per week and would love to stay on but understand if a home owner would like to move in!
The floorplan showcases three bedrooms inclusive of a spacious master bedroom which is located at the front of the home and boasts reverse cycle air-conditioning, walk-in wardrobe and access to the 2-way bathroom. You will find the other 2 bedrooms also have wardrobes and are perfect for the younger household members or guests.
As mentioned, the tiled bathroom can be accessed 2 ways. Via the master bedroom or the hallway. It boasts 2 separate toilets and basins as well as a shower making some of the facilities available to more than 1 person at the same time.
The open plan carpeted dining and lounge area is perfect for family get togethers and a bonus of a reverse cycle air conditioner which will keep the whole area cool in summer and warm in winter. The kitchen layout is simple and provides a large pantry and enough bench and cupboard space for the budding baker of the home. The bench can double as a small breakfast bar making serving meals quick and easy when needed.
Outside, this home truly caters to the family who love to entertain and offers a large tiled covered patio area which then looks onto the large flat yard. Enough room for a pool? Make some phone calls, this home could be turned into the resort that all your friends and family members will envy. The yard is big enough for that soccer or cricket game and is fully fenced ready for the fur baby to enjoy the new home as well. The garden shed out the back will provide you with easy access to your lawn and garden maintenance tools.
Your vehicles are secure in the double garage and you will feel secure knowing you can enter your home through the internal door. All accessible doors and windows have security screens as well, giving you a sense of safety.
This convenient location is walking distance to bus stops and Wacol train station, and moments to a golf course, shops and your choice of quality schools. It also offers easy access to the M7 for a stress-free 30-minute commute to Brisbane CBD. Cyclists will also enjoy the easy ride to the CBD on the off-road bikeway that runs the length of the Western Freeway.
With the real estate market running hot, we encourage all genuine buyers to contact Lisa Jensen and Glenn Ball at First National Action Realty Ipswich Today.
DISCLAIMER: First National Action Realty has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. All distances, measurements and timeframes contained within this advertisement are approximate only. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Listing description written by Glenn Ball, Place Ipswich — reproduced as published, not verified by Districts.