Ellen Grove at a glance
4,191
People
$975,000
Median sale
$636/wk
Median rent
3.39%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
QLD › Ellen Grove › Bagnall St
$765,000
Last sold
17 Mar 2021
3
Bedrooms
1
Bathrooms
0
Car spaces
10,700 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
$765,000
17 Mar 2021 · derived via latest_sale
Local land rate: recorded House sales in Ellen Grove (last 5 years) with land size have a median of $903/m² of land (n=43). Districts calculation from recorded sales — not a valuation.
Ellen Grove at a glance
4,191
People
$975,000
Median sale
$636/wk
Median rent
3.39%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Ellen Grove
-21.5%
Median sale
Suburb $975,000
+0.93 pp
Gross yield
Suburb 3.39%
Suburb median $975,000 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Brisbane City Plan 2014
Zone
Emerging community
EC
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 Emerging community · EC (Brisbane City Plan 2014). Official parcel area about 10,741 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 $636/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 Emerging community · EC (Brisbane City Plan 2014). Official parcel area about 10,741 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 10,741 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
Ellen Grove at a glance
4,191
People
$975,000
Median sale
$636/wk
Median rent
3.39%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Jensen PropertyCheap as Chips - Land Value Opportunity!
MINUTES from the relaxing LAKE-SIDE of Forest Lake and its SHOPPING CENTRE.
INVEST in your future with this LARGE 1.07 Ha block of LAND - OWNER SAYS SELL NOW.
Never have to worry about Covid or social distancing again.
WITH BRISBANE SET TO BOOM IN THE COMING YEARS, THIS IS AN OPPORTUNITY NOT TO BE MISSED FOR THE ASTUTE BUYER.
Enjoy a wonderfully serene lifestyle in this leafy setting approximately 20kms from the Brisbane CBD. This is acreage living at its best, just a quick drive to Forest Lake Blvd and Forest Lake Shopping Centre.
Whether you are looking for development opportunity (subject to council approval), invest for the future or move in and built your dream home, this site is setting on a peacefully leafy and tranquil setting, on a 10700m2 of prime land.
Here is your opportunity. This well-placed property has a lot of location appeal about it. The area is going through fantastic growing stages and is in one of the most promising emerging communities in a booming south-west of the Brisbane and has great potential.
House Featuring:
- 3 bedrooms home surround by nature
- Separate laundry
- Separate dining and living room
- Large under covered area
Outside:
- 1.07 Ha (10700m2)
- Large covered entertainment area
Development potential.
Zoned Emerging Community and located in the development corridor of Ellen Grove with some residential development already commenced. Sewage, Gas, NBN, Power and all other services with connection almost at the front gate from the new development two doors up.
Ellen Grove Railway Station is planned for the near future. Subject to Council approval this is a great opportunity for land banking or future development. With new house's and townhouse's selling in the area fast, don't miss out on the opportunity.
Ellen Grove in close proximity to all the amenities including Bus Stop, Schools, Major Shopping Centre and Train Station.
- Brisbane City Council
- Zoned Emerging Community
- 5 mins drive to the Forest Lake Village Shopping Centre
- Easy access to train station
- Handy to schools, 1.35Km to Grand Avenue State & 2.5Km to Forest Lake State School
- Short distance to the beautiful lake with walking tracks and playground
- Ellen Grove is in a strategic position at the junction of 3 main highways
(Logan, Centenary & Ipswich Motorways)
- 1.35Km to Grand Avenue State School
- 1.77Km to St John's Anglican College
- 20km to Brisbane CBD
- Easy drive to Richland Train Station
Listing description written by Hugh Dao, Jensen Property — reproduced as published, not verified by Districts.