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QLD › Heathwood › Watergum St

10 Watergum St, Heathwood QLD 4110

House

$1,248,000

Last sold

24 Feb 2024

4

Bedrooms

2

Bathrooms

3

Car spaces

684 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,248,000 (24 Feb 2024).(Recorded sale)
  • FactLand 684 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Heathwood (last 5 years) with land size: median $2,073/m² of land (n=98). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Low density residential (LDR) under the Brisbane City Plan 2014.(Brisbane City Council · 2 Sept 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

$1,248,000

24 Feb 2024 · derived via latest_sale

Local land rate: recorded House sales in Heathwood (last 5 years) with land size have a median of $2,073/m² of land (n=98). Districts calculation from recorded sales — not a valuation.

Heathwood at a glance

5,581

People

$1,305,000

Median sale

$804/wk

Median rent

3.20%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Heathwood report →

Vs Heathwood

-4.4%

Median sale

Suburb $1,305,000

+0.15 pp

Gross yield

Suburb 3.20%

Suburb median $1,305,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Brisbane City Plan 2014

Zone

Low density residential

LDR

Jurisdiction

Brisbane City Council

Brisbane, QLD

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: Brisbane City Council
  • Dataset: City Plan 2014 Zoning
  • Retrieved: 2 Sept 2026
  • Version: 2014
  • Parcel: 536SP206826

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$1,248,00024 Feb 2024
  2. Listedprice unknowncompleted25 Jan 2024
  3. Listedprice unknowncompleted25 Jan 2024

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 · LDR (Brisbane City Plan 2014). Official parcel area about 687 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 $804/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 · LDR (Brisbane City Plan 2014). Official parcel area about 687 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 687 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

Heathwood in one glance

Heathwood at a glance

5,581

People

$1,305,000

Median sale

$804/wk

Median rent

3.20%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Heathwood report →

Keep researching

  • Why Heathwood? Read the area thesis →
  • What else is on the market in Heathwood →
  • Other records on Watergum St →

Listing material

Listed by One Agency Forest Lake

***ONE MORE SOLD BY THE ISAAC NGUYEN TEAM***

***UNDER CONTRACT AT AUCTION***

"Sophisticated Living in Heathwood: Modern Comfort Awaits"

Discover a life of modern luxury and spacious family living at 10 Watergum Street, Heathwood. This contemporary masterpiece offers an exquisite and meticulously designed residence with an array of high-end features. From the spacious bedrooms to the stunning kitchen, the open-plan living areas, and the private alfresco space, this property is a true showcase of style and sophistication. Situated on a generous 684sqm block in a highly sought-after location, it offers convenience, future growth potential, and an array of premium features including a 3KW solar energy system, security alarm, and more. Your search for the perfect family home ends here – this is modern living at its finest.

Read the full description

Exquisite Modern and Spacious Family Home in Heathwood

Address: 10 Watergum Street, Heathwood

Property Snapshot:

- Property Type: Single level

- Construction: Brick / Rendered

- Land Area: 684m2

- Internal Area: (30 squares) approx.

Property Specifications:

- Custom designed residence with multiple living zones

- Contemporary design, infused with abundant natural light

- Superb location, quiet location

- 4 bedrooms, including a master retreat with walk-in robe + ensuite with dual basins

- 2 bathrooms (main bathroom with dual basins)

- Large modern kitchen with stone benchtops

- Quality stainless steel appliances with gas cooktop and dishwasher

- Bespoke 2pac cabinetry and large pantry

- High ceilings

- Separate lounge room

- Open plan living / dining area with bi-fold doors

- Enclosed alfresco area featuring stacker sliding doors with external blinds + ceiling fan

- Extended covered entertainment area

- 3 car garage and remote-controlled access

- Double side access

- Crimsafe security

- LED internal downlights

- Ducted air-conditioning throughout

- Roller blinds

- Plantation shutters

- Solar power system - 3kw to reduce those electricity bills

- Digital intercom

- Alarm system

- NBN ready

- Garden shed

- 5000L rain water tank

- Private backyard

- Close to all amenities, child care facilities, easy access to all the major roads

Overview:

Welcome to a modern and spacious family home that has an ambience of comfort and quality. With a stylish and contemporary design, quality fittings, and meticulous attention to detail, this residence stands as a hallmark of modern living. This elegant property boasts spacious four bedrooms, a master suite with an ensuite and a large walk-in robe, while all other rooms feature built-in wardrobes.

Key Features:

- Open-Plan Living: The spacious lounge, and open plan family and dining area, and a stunning contemporary kitchen with deluxe 2pac cabinetry. The kitchen features a free-standing gas cooktop, electric oven, and ducted range hood. Additionally, it includes a breakfast bar and a large pantry.

- Private and Convenient: Set on a 684sqm private block in the excellent neighbourhood of Heathwood, this ultra-modern family home is conveniently located near major facilities. It's just a 5-minute drive to Forest Lake Shopping Centre, and it offers easy access to local transportation, schools, and parks.

- High-End Features: This home is equipped with a reverse cycle central controlled ducted air conditioning system, a security alarm system, digital intercom and a 3KW solar energy power system. The remote-controlled triple car lock-up garage provides secure parking, and there's a large covered alfresco entertaining area connected to the living area through two large bi-folding doors.

- Future Growth: The local area has well-established infrastructure and is poised for future residential growth. The Logan Motorways offer easy access to Brisbane Airport (35 minutes) and the Gold Coast (55 minutes).

Local Amenities:

In addition to its outstanding features, this property is in close proximity to a range of local amenities, including:

Schools:

- St John's College

- Pallara State School

- Forest Lake State School

- Grand Ave State School

- St Mark's Catholic School

- Durack State School

- Australian International Islamic College

- Western Suburbs State Special School

Shopping Districts:

- Heathwood Shopping Districts

- Forest Lake Shopping Village

- Blunder Rd Shopping Centre

- Inala Plaza Civic Centre

Additional Features:

- Fully fenced backyard and front yard

- Manicured landscaped garden

- Large enclosed outdoor living and undercover entertainment area

- Close proximity to schools, parks and transport; only a minute walk / 200m to the bus stop (express bus 118 - 30 minutes) to the city, 'Heathwood Park' & 'Hazel Street Park' / same walking distance as the bus stop.

Private Viewing:

Call us today to arrange for a private inspection and experience the modern luxury and comfort that this home offers.

This property is being sold at Auction and without a price, and therefore, a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

We welcome all genuine offers and urge interested buyers to personally view this beautiful property and submit their most competitive written offer in writing.

Disclaimer:

While we believe all information provided to be accurate, we cannot guarantee its accuracy and accept no liability for errors or omissions (including land size, floor plans, building age, and condition). Interested parties should conduct their enquiries and seek legal advice.

Property Code: 1362

Listing description written by Isaac Nguyen, One Agency Forest Lake — reproduced as published, not verified by Districts.

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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.