Plainland at a glance
2,395
People
$930,000
Median sale
$588/wk
Median rent
3.29%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
QLD › Plainland › Richmond Tce
$520,000
Last sold
22 May 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
600 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
$520,000
22 May 2023 · derived via latest_sale
Local land rate: recorded House sales in Plainland (last 5 years) with land size have a median of $190/m² of land (n=86). Districts calculation from recorded sales — not a valuation.
Plainland at a glance
2,395
People
$930,000
Median sale
$588/wk
Median rent
3.29%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs Plainland
-44.1%
Median sale
Suburb $930,000
+2.59 pp
Gross yield
Suburb 3.29%
Suburb median $930,000 from 23 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 $588/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
Plainland at a glance
2,395
People
$930,000
Median sale
$588/wk
Median rent
3.29%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by MOD REALTYWelcome to 10 Richmond Terrace, located on a quiet water bottle tree lined street. This amazing home has exceptional use of space that will enable you and your family to live a full life without compromise. When you walk into the large foyer you immediately feel like home. To the left you have the large master bedroom complete with full ensuite, walk-in robe and aircon. To the right we have the brilliant use of space that is the rumpus or enormous fourth bedroom. Simply walk through the full sized laundry and you enter the rumpus. The room has wall to wall windows on the street facing side and sliding glass door access to the backyard. This genius reimagination of space as amble extra room to the home. The open plan kitchen, dining and living space is the vibrant heart of the home. The modern kitchen has the premium attributes you deserve. From the white stone bench tops, breakfast bar, Westinghouse appliances, ornate light fittings, dishwasher, microwave slot the feature packed kitchen is ready to cook up the storm. Keeping cool won’t be an issue with the area having aircon and ceiling fans. The open plan living area flows into the outdoors with from its two sliding glass doors that brings the outdoors in and loads of natural light. The patio is the perfect space to unwind looking out onto the large backyard you can stay cool under the fan. The kids have plenty of space to run around and with rear yard access from the fully powered garage storing or getting things into the back yard won’t be an issue. The tandem double garage also has remote door making it easy and convenient to park the car and securely store your valuables.
The home has even more to offer throughout. All the windows in the home are tinted, they all have security screens, all windows are lockable and blinds / curtains are already in place. The fully fenced yard means that the kids and the pets can run around safely. The only thing better than this feature packed home is the reputable location. Located all within 2 minutes of the home is Woolworths located in a shopping centre with large expansion plans, Bunnings, Aldi, restaurants and more all before we get to the amazing local schools. Close by you have Sophia College within 2 minutes, Faith Lutheran College Plainlands within 4 minutes and only 10 minutes away from Laidley District State and High schools.
This property is currently on short term rental for $570.00 per week until 18/06/2023. The property is currently appraised for a weekly rent of $600.00 per week. That means if you were to purchase this feature packed home for $555,000.00 you would be receiving a rental yield of 5.64%!!!
Don’t hesitate call Aidan and inspect today.
Listing description written by Craig Mendoza, MOD REALTY — reproduced as published, not verified by Districts.