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QLD › Cashmere › Franzin Dr

11 Franzin Dr, Cashmere QLD 4500

House

$930,000

Last sold

22 Mar 2024

5

Bedrooms

2

Bathrooms

2

Car spaces

701 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $930,000 (22 Mar 2024).(Recorded sale)
  • FactLand 701 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Cashmere (last 5 years) with land size: median $860/m² of land (n=149). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$930,000

22 Mar 2024 · derived via latest_sale

Local land rate: recorded House sales in Cashmere (last 5 years) with land size have a median of $860/m² of land (n=149). Districts calculation from recorded sales — not a valuation.

Cashmere at a glance

5,346

People

$1,630,000

Median sale

$715/wk

Median rent

2.28%

Suburb gross yield

Median sale from 53 recorded sales (last 12 months) — a Districts calculation.

See the full Cashmere report →

Vs Cashmere

-42.9%

Median sale

Suburb $1,630,000

+1.72 pp

Gross yield

Suburb 2.28%

Suburb median $1,630,000 from 53 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$930,00022 Mar 2024
  2. Listedprice unknowncompleted2 Mar 2024
  3. Listedprice unknowncompleted2 Mar 2024

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 $715/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

Cashmere in one glance

Cashmere at a glance

5,346

People

$1,630,000

Median sale

$715/wk

Median rent

2.28%

Suburb gross yield

Median sale from 53 recorded sales (last 12 months) — a Districts calculation.

See the full Cashmere report →

Keep researching

  • Why Cashmere? Read the area thesis →
  • What else is on the market in Cashmere →
  • Other records on Franzin Dr →

Listing material

Listed by Hudson Property

LARGE 5 BR HOME, BIG BLOCK. LEASED TO DEFENCE HOUSING.

INVESTORS : This beautiful five bedroom home is located in a quiet street in one of Brisbane most desirable settings in leafy Cashmere. Experience nature on your doorstep with beautiful bushlands within 5 minutes whilst still being easily accessible to shopping, education, transport and medical.

CURRENT RENT for 2024 : $770PW and adjusted annually according to an independent professional valuation.

LEASE DETAILS

Read the full description

* Lease start date. 12/04/2021

* Lease end date 11/04/2027

* Lease option USED

* Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension

Important Note: The 12 month right to vary is at DHA’s discretion.

At lease end the home will be handed back for you to move in, rent out privately or sell. You can also choose to discuss DHA's requirements for the home on a longer term basis with the potential for a new lease. Owners are free to onsell to another investor at any time during the lease.

A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as guaranteed rental income, a comprehensive property care/maintenance package, & annual independent professional rental valuations and adjustments, all of which are designed for stress free investing. Ideal for investors located anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option.

FEATURES :

* 4 bedrooms, inc master with Walk In Robe, AirCon & Ensuite.

* Open plan family, dining and kitchen with sliding glass doors to an outdoor undercover area.

* 2nd living area - lounge and formal dining.

* Ceiling fans throughout with Aircon to master, main living and kitchen/dining

* Security grills to windows and doors

* Double lock up garage with remote control entry and internal access to the home and rear yard

* 701 SQM block with fully fenced rear yard.

* 25km to Brisbane CBD

* Built Appox 2005

DHA LEASE BENEFITS:

* Guaranteed rent paid on time every time regardless of whether the house is tenanted

* Annual independent rent reviews

* Most nonstructural maintenance paid for by DHA

* The lessor may also be entitled to an in lease or lease-end make-good (refer to the DHA Lease Agreement).

* Zero re-letting fees.

COUNCIL RATES: Approx $605 per quarter

****Investing with DHA - This property is for sale on behalf of a DHA Lessor and has a DHA Lease Agreement in place. Visit dha.gov.au to learn about the benefits of investing in a DHA property. If you would like to arrange an inspection please contact Sharon Richter of Hudson Property Agents. In accordance with DHA regulations, we advise that this property will only be available for private inspections.

Information provided above has been obtained from various sources which we believe to be accurate, however, Hudson Property Agents accept no liability for any errors or omissions, including but not limited to a Floorpan, build date, land size, floor plans and size, and property condition. Interested parties should make their own enquiries and conduct their own due diligence in addition to obtaining legal advice from their appointed solicitor or conveyancer.

Listing description written by Sharon Richter, Hudson Property — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Living Areas: 2
  • Outdoor Entertaining
  • Pay TV
  • Remote Garage
  • Secure Parking
  • Toilets: 2
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.