Springfield Lakes at a glance
18,857
People
$982,500
Median sale
$696/wk
Median rent
3.68%
Suburb gross yield
Median sale from 134 recorded sales (last 12 months) — a Districts calculation.
QLD › Springfield Lakes › Dry Dock Circuit
$880,000
For sale
Asking
4
Bedrooms
2
Bathrooms
2
Car spaces
481 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
Asking
$880,000
Asking · $1,830/m² of land
No recorded sale for this property.
Springfield Lakes at a glance
18,857
People
$982,500
Median sale
$696/wk
Median rent
3.68%
Suburb gross yield
Median sale from 134 recorded sales (last 12 months) — a Districts calculation.
Vs Springfield Lakes
-10.4%
Median sale
Suburb $982,500
+0.43 pp
Gross yield
Suburb 3.68%
Suburb median $982,500 from 134 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$39,832 on top of the price (4.5% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Springfield Lakes's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
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
QLDPlanning 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.
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
No advertised rent is recorded. Suburb median rent $696/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.
Gross yield if leased at the suburb aggregate is 4.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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
Springfield Lakes at a glance
18,857
People
$982,500
Median sale
$696/wk
Median rent
3.68%
Suburb gross yield
Median sale from 134 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Prime Place PropertyAman Dhillon and Team Prime Place Property proudly presents 11 Dry Dock Circuit, Springfield Lakes—a beautifully refreshed split level residence that combines a functional family friendly layout with modern comforts and an unbeatable location. Freshly painted throughout and set on a generous 481m² allotment, this home offers multiple living zones, four spacious bedrooms, and an elevated outdoor entertaining area, making it the perfect choice for families, first-home buyers, and investors alike.
Upon entering the home, you are welcomed by a spacious lounge that creates a warm and inviting first impression. This level also accommodates the private master retreat, , along with an additional bedroom positioned nearby, offering the perfect setup for young families, guests, or those seeking extra flexibility.
Making your way downstairs, you'll discover the heart of the home where the well-appointed kitchen overlooks the open-plan family and dining area. This light-filled space seamlessly extends to the covered entertaining deck, creating the perfect setting for family gatherings, weekend barbecues, or simply enjoying the peaceful outlook over the backyard.
The lower level also offers two additional bedrooms, both serviced by a central family bathroom and separate toilet, providing excellent separation and privacy for children or extended family members.
Freshly painted throughout, the home is move in ready and further enhanced with split-system air conditioning for year-round comfort and solar panels to help reduce electricity costs. Outside, the fully fenced backyard offers plenty of space for children and pets to play while remaining easy to maintain.
Property Features:
- Four generous bedrooms
- Two well appointed bathrooms
- Open plan family and dining area
- Well appointed kitchen with ample storage
- Covered entertaining deck
- Freshly painted throughout
- Split system air conditioning
- Solar panel system
- Fully fenced 481m² block
- Low-maintenance gardens
Location Highlights:
- Minutes to Orion Springfield Central Shopping Centre
- Minutes to Springfield Central Train Station
- Minutes to Mater Public & Private Hospitals
- Minutes to the University of Southern Queensland
- Minutes to Brighton Homes Arena
- Close to local schools, childcare centres, parks, cafés, and public transport
- Easy access to the Centenary Highway and Ipswich Motorway
Offering a practical split level design, modern updates, and an exceptional location close to every major amenity, 11 Dry Dock Circuit presents an outstanding opportunity to secure a quality family home in one of Springfield Lakes' most desirable neighbourhoods.
For more information or to arrange your inspection, contact Aman Dhillon and Team Prime Place Property today on 0401757866.
Disclaimer: Prime Place Property has taken all reasonable steps to ensure that the information in this advertisement is accurate. However, no responsibility is accepted for any errors, omissions, inaccuracies, or misstatements. Prospective purchasers should conduct their own investigations to verify all information.
Listing description written by Aman Dhillon, Prime Place Property — reproduced as published, not verified by Districts.