Springfield at a glance
8,552
People
$1,038,572
Median sale
$666/wk
Median rent
3.33%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
QLD › Springfield › Penda Ln
$850,000
Last sold
27 July 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
365 m²
Land
180 m²
Building
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
$850,000
27 July 2024 · derived via latest_sale
Local land rate: recorded House sales in Springfield (last 5 years) with land size have a median of $1,507/m² of land (n=135). Districts calculation from recorded sales — not a valuation.
Springfield at a glance
8,552
People
$1,038,572
Median sale
$666/wk
Median rent
3.33%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Vs Springfield
-18.2%
Median sale
Suburb $1,038,572
+0.74 pp
Gross yield
Suburb 3.33%
Suburb median $1,038,572 from 56 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 $666/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
Springfield at a glance
8,552
People
$1,038,572
Median sale
$666/wk
Median rent
3.33%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Marsden AKGNestled in the vibrant community of Springfield, the area is convenient for professionals, families, and Brisbane commuters with its close proximity to schools, shops, public transport, parks, and motorways! This luxurious family residence is situated on a corner block and ticks all the boxes and is sure to exceed your expectations of low-maintenance, luxury living! Crafted less than a year ago by the renowned BOLD LIVING Homes, this property hosts an array of modern fixtures, fittings and features you will love!
The sun-drenched and spacious open plan living/dining has light oak hybrid flooring and an impeccable flow to the kitchen and out to the outdoor patio overlooking the neat and tidy lawn, perfect for the family who entertains often! A chef's dream gourmet-style kitchen awaits and features stone benchtops, oak-look cabinetry, an island bench with a smartly positioned sink and dishwasher, breakfast bar seating, and a separate niche for your microwave! You won't need to downsize your pantry as there is a walk-in pantry to store all your favourite food!
There is a second, separate living/family adorned with plush carpeting which could be used as a teenagers retreat or a media room. Studying is made easy with the study nook providing a dedicated space for the kids to study and do homework. There is an internal laundry and stylish family bathroom featuring sleek tiling, bathtub and separate toilet.
PROPERTY HIGHLIGHTS!
Upgraded ceiling height 2.55m
Low-maintenance corner block - fully fenced
Zoned ducted A/C throughout - 1 month old
Four light-filled bedrooms all with carpet
Two of the three guest bedrooms with blinds/curtains and BIR
Master suite with WIR and ultra-modern ensuite bathroom
Oversized, open plan living/dining with hybrid floors
Good sized covered patio overlooking the small lawn
Gourmet kitchen
Practical internal laundry
Stylish family bathroom with bathtub and separate toilet
Two-car garage with remote access
BOLD LIVING HOMES STRUCTURAL WARRANTY
TIMBER FRAME
180M2 BUILD
MOVE IN READY - VACANT READY TO GO
Current rental appraisal shows this property could achieve between $650-$670 per week.
LOCATION HIGHLIGHTS!
Across from Panorama Park with Café!
Walking distance to Lilac Park & Linear Reserve
2 min drive to Springfield Tavern
3 min drive to Woodcrest State College
3 min drive to The Springfield Anglican College
3 min drive to Springfield Fair Shopping Centre
4 min drive to Springfield Train Station
6 min drive to Orion Springfield
Near new and ready for you and your family to move in, this one won't last! DON'T
DELAY - CONTACT THE REBECCA CUDERMAN TEAM TODAY!
Listing description written by Rebecca Cuderman, Ray White Marsden AKG — reproduced as published, not verified by Districts.