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.
QLD › Heathwood › Watergum St
$1,248,000
Last sold
24 Feb 2024
4
Bedrooms
2
Bathrooms
3
Car spaces
684 m²
Land
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
$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.
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 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 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.
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 $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.
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 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
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?
KnownmediumOfficial 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
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
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.
Listing material
Listed by One Agency Forest Lake***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.
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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