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QLD › Kensington Grove › Fairway Dr

109 Fairway Dr, Kensington Grove QLD 4341

House

$620,000

Last sold

30 Nov 2021

4

Bedrooms

2

Bathrooms

2

Car spaces

4,018 m²

Land

173 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $620,000 (30 Nov 2021).(Recorded sale)
  • CalculationLand 4,018 m² against a 173 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Kensington Grove (last 5 years) with land size: median $162/m² of land (n=88). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

$620,000

30 Nov 2021 · derived via latest_sale

Local land rate: recorded House sales in Kensington Grove (last 5 years) with land size have a median of $162/m² of land (n=88). Districts calculation from recorded sales — not a valuation.

Kensington Grove at a glance

2,706

People

$1,122,500

Median sale

$588/wk

Median rent

2.72%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Kensington Grove report →

Vs Kensington Grove

-44.8%

Median sale

Suburb $1,122,500

+2.21 pp

Gross yield

Suburb 2.72%

Suburb median $1,122,500 from 26 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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$620,00030 Nov 2021
  2. Listedprice unknowncompleted8 Oct 2021
  3. Listedprice unknowncompleted8 Oct 2021

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Kensington Grove in one glance

Kensington Grove at a glance

2,706

People

$1,122,500

Median sale

$588/wk

Median rent

2.72%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Kensington Grove report →

Keep researching

  • Why Kensington Grove? Read the area thesis →
  • What else is on the market in Kensington Grove →
  • Other records on Fairway Dr →

Listing material

Listed by Purple Cow Real Estate

LARGE ACREAGE BLOCK | 15.92% GROWTH THIS YEAR | LONG TERM TENANTS

There's never been a better time to invest in Kensington Grove with 15.92% capital growth in the last 12 months as the area booms with no signs of it slowing down.

Located in a highly sought after position, this 4000sqm block is ready for its new owner. Fully fenced and flat block provides a unique opportunity to enjoy the sounds and breezes of nature, whist also having more than enough room for the kids to play games/activities or the pets to run wild.

If you're looking for an effortless investment, then look no further. This home is currently tenanted until September 2022 paying $430 per week.

Read the full description

This large acreage home has plenty to offer with 4 bedrooms, main with en-suite, large living areas including a media room, perfect for family movie nights. There are fans throughout this home, but that's not all there are 3 air-conditioning units to ensure you're not only cool in summer but warm in the winter nights.

With a large outdoor entertaining area, you will be the envy of your friends and family

Some other key benefits of this home include:

O Solid brick built 2015 home

O Land Size 4000sqm (slight slope)

O Security Screens throughout

O Double Garage

O Dishwasher

O Electric Stove

O Bio System

O Trickle feed water

O Tank Water

O Plus, much more

This home will not last long!! Check out our open for inspection times or contact Kristian Samuels on 0447 008 477 for more information.

Disclaimer:

PLEASE NOTE: If you do not register online, you will not be able to view the property at the listed time or notified if there are any time changes or cancellations.*

*With the advice and direction from Federal Government and Real Estate Institution of QLD (REIQ), we are excited to now be conducting open inspections. Please keep in mind restrictions still apply with a maximum of 50 attendees inside the property at one time. Social distancing and hygiene protocols will also be strongly observed.

*Important. Whilst every care is taken in the preparation of the information contained in the marketing, Purple Cow Real Estate will not be held liable for any errors in typing or information. All information is correct at the time of advertising.

Listing description written by Kristian Samuels, Purple Cow Real Estate — reproduced as published, not verified by Districts.

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Districts

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.