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 › Mcgrath St
$580,000
Last sold
28 June 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
611 m²
Land
210 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
$580,000
28 June 2023 · derived via latest_sale
Local land rate: recorded House sales in Waterford West (last 5 years) with land size have a median of $995/m² of land (n=92). 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
-33.3%
Median sale
Suburb $869,444
+1.55 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 Density Residential
Low 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 Density Residential (Logan Planning Scheme 2015). Official parcel area about 614 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 Density Residential (Logan Planning Scheme 2015). Official parcel area about 614 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 614 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
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 AKGWelcome to 11 McGrath Street, Waterford West - a charming and well-presented family home that is sure to impress! This delightful property boasts three spacious bedrooms upstairs with an additional 2 rooms and rumpus room downstairs, a modern bathroom with seperate toilet and a single car garage + carport! It is a perfect high-set home for families or those who love to entertain with the expansive deck & patio downstairs!
For the investors and those looking to expand this generous size corner block could hold a granny flat, shed for the car lovers or an in-ground pool! You're elevated and completely flood free in this location, so whether you're looking for a family home to make your own or that ideal investment, look no further. New rental appraisal is at $470-$490 per week!
FEATURES INCLUDE:
Fresh Paint throughout
New fencing with double gates for drive through access
Exterior Paint
New flooring downstairs
Ac to master bedroom & lounge
2 Rooms downstairs + Rumpus
Laundry with ample room to convert to a second bathroom
Additional storage room
Elevated Corner 611m2 block + flood free
Location highlights:
150m to Bus Stops
650m walk to Marsden State High School QLD's No.1 State School
1km to Marsden State Primary School
300m to Local Parks
900m walk to Local Cafes, Laundromat & Vet Clinic
1.2km to Marsden Local Shopping Centre with Medical, COLES, ALDI & more
4min to Loganlea Hospital & TRAIN Station
25 min to Brisbane CBD
40 min to Gold Coast
MUST BE SOLD & WON'T LAST LONG, CONTACT REBECCA CUDERMAN, LOGAN'S NO.1 AGENT ON 0435 172 383 TO MAKE AN OFFER TODAY!
Listing description written by Rebecca Cuderman, Ray White Marsden AKG — reproduced as published, not verified by Districts.
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