Waterford West at a glance
7,842
People
$869,444
Median sale
$520/wk
Median rent
3.11%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
QLD › Waterford West › Patrick Ct
$484,000
Last sold
20 Aug 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
200 m²
Land
185 m²
Building
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
$484,000
20 Aug 2022 · derived via latest_sale
Local land rate: recorded House sales in Waterford West (last 5 years) with land size have a median of $989/m² of land (n=93). Districts calculation from recorded sales — not a valuation.
Waterford West at a glance
7,842
People
$869,444
Median sale
$520/wk
Median rent
3.11%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Vs Waterford West
-44.3%
Median sale
Suburb $869,444
+2.48 pp
Gross yield
Suburb 3.11%
Suburb median $869,444 from 44 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Logan Planning Scheme 2015
Zone
Low-Medium Density Residential
Low-Medium Density Residential
Jurisdiction
Logan City Council
Logan, 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-Medium Density Residential (Logan Planning Scheme 2015). Official parcel area about 107 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 $520/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-Medium Density Residential (Logan Planning Scheme 2015). Official parcel area about 107 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?
KnownmediumNo 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
Waterford West at a glance
7,842
People
$869,444
Median sale
$520/wk
Median rent
3.11%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Marsden AKGSituated a stone's throw away from Schools, Shopping Centres & less than 30 minutes away from the Brisbane CBD, this beautifully presented property is perfect for families, entertainers and those alike!
Upon entry of this expansive two-level residence you will be delighted by the open light filled living and dining area that adjoins the newly renovated kitchen. The second floor contains the sleeping quarters with all bedrooms having built-ins and laminate flooring. With air con, a large ground floor living area, and great backyard space will not last long!
The owners have added in a few extras since purchasing, like new curtains, kitchen with new appliances, gas cooking and stone benchtops, and a third shower added within the laundry/garage. Need more bedrooms? Convert the front living room upon entry into another bedroom by simply adding doors!
Features include:
- Joint Insurance
- Brick & tile build
- Duplex with NO strata fees
- 4 bed all with built ins
- 2 bathroom ( 3rd shower not approved but has been built properly)
- 3 toilets
- 2 lounge rooms
- Remote control garage door
- Gas stove, dishwasher & oven
- New gas HWS
- 2 x air cons
- Entertaining area/patio
- Fully fenced
- Rain water tank
- Rental Estimate at $460-$480 per week
Location Highlights:
- 100m walk to Bus Stop
- 350m walk to Marsden Park shopping centre
- 5 min drive to Marsden State School
- 5 min drive to Marsden State High School (QLD's #1 School 2020)
- 7 min drive to Marsden on Fifth shopping centre
- 7 min drive to Kingston or Loganlea train stations
- 9 min drive to Logan Hospital
- 30 min drive to Brisbane CBD
- 50 min drive to Gold Coast
Contact Marsden's #1 Agent, REBECCA CUDERMAN or Riah Manser for enquiries.
Listing description written by Rebecca Cuderman, Ray White Marsden AKG — reproduced as published, not verified by Districts.