Southside at a glance
7,573
People
$825,000
Median sale
$539/wk
Median rent
3.40%
Suburb gross yield
Median sale from 87 recorded sales (last 12 months) — a Districts calculation.
QLD › Southside › Groundwater Rd
$1,045,000
Last sold
10 Sept 2025
5
Bedrooms
3
Bathrooms
5
Car spaces
2,994 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
Last sold
$1,045,000
10 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in Southside (last 5 years) with land size have a median of $916/m² of land (n=114). Districts calculation from recorded sales — not a valuation.
Southside at a glance
7,573
People
$825,000
Median sale
$539/wk
Median rent
3.40%
Suburb gross yield
Median sale from 87 recorded sales (last 12 months) — a Districts calculation.
Vs Southside
+26.7%
Median sale
Suburb $825,000
-0.72 pp
Gross yield
Suburb 3.40%
Suburb median $825,000 from 87 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $539/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.
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
Southside at a glance
7,573
People
$825,000
Median sale
$539/wk
Median rent
3.40%
Suburb gross yield
Median sale from 87 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Cherie Carlson Real EstateSet privately back from the road, 113 Groundwater Road, Southside, offers a peaceful, elevated lifestyle on an impressive 2,994sqm block. Immaculately renovated throughout, this striking residence blends high-end finishes with practical design, all within a serene setting. The expansive yard features side access, concrete driveway for convenience and an array of car storage options, delivering functionality as well as style.
The interior of the home flows seamlessly, offering two generous living areas - one featuring a cozy fireplace, and both thoughtfully designed with wall-mounted, LED-lit TV units. Throughout the main living zones, Aqua Stone hybrid floating floors provide a durable and stylish foundation, while the bedrooms are finished with soft carpet underfoot for comfort.
The heart of the home is the show-stopping kitchen. Featuring 20mm stone benchtops with sleek waterfall ends, it's a space that balances beauty and utility. Custom soft-close cabinetry is paired with LED ambient lighting above and below, while a walk-in pantry ensures storage is never an issue. The expansive benchtop incorporates two breakfast bars - perfect for casual meals - and a clever pop-up charging station with an integrated Bluetooth speaker enhances the modern lifestyle experience. Meal preparation is made easy for the home chef with a self-cleaning Pyrolytic wall oven, electric stove top and built in rangehood for a stylish clean lines
Adjoining the kitchen is a sunken living/dining area that flows effortlessly to the outdoor entertaining space, creating a perfect indoor-outdoor connection for gatherings or relaxed family living. The alfresco is a true highlight, boasting a brand-new, waterproof compact laminate outdoor kitchen that stands ready for summer entertaining. Additionally, the second undercover patio showcases the above-ground pool - perfect for cooling off on hot Queensland days.
Storage has been prioritised throughout the home, with two large sliding-door cupboards in the hallway and generous built-in robes in each of the 3 bedrooms with 2 of the rooms including aircon units. The 4th bedroom - the master bedroom is a retreat of its own, featuring both built-in and walk-in robe, a stylish ensuite, and a split-system air conditioner for year-round comfort.
The stunning main bathroom impresses with modern tiling and clean-lined finishes, separate toilet for convenience, and well-designed laundry with plenty of cabinetry and broom cupboard – offering more storage.
A standout design element of the home is its custom printed ceiling - a unique feature that adds character and artistic flair to the interior.
Adding to the home's versatility is a spacious, self-contained unit adjoining the main residence. With its own kitchenette, ensuite, built-in wardrobe, and enough room for a bed and lounge, it's the ideal space for extended family, a guest retreat, or an independent teenager.
Outdoors, no expense has been spared. Pine railings with hardwood posts fencing, concrete sleeper retaining walls, and manicured low-maintenance grounds showcase thoughtful attention to detail and durability. For the growing family, the rear boundary opens directly onto a sprawling council reserve and park - offering space, privacy and recreational access.
Parking is comprehensive, with a single remote garage, double carport, and a large, powered shed featuring a 3m-wide roller door, additional awning, and room for two more vehicles or extra storage.
A home of this calibre, offering contemporary comfort, multifunctional spaces, and exceptional outdoor features, is a rare find. Whether you're entertaining, relaxing, or simply enjoying your surroundings - 113 Groundwater Road delivers it all, in style.
Contact Cherie today on 0428 834 708 for any additional information or to organise your private viewing.
All the above property information has been supplied to us by the Vendor. We do not accept responsibility for the accuracy of any information. Interested parties should make their own enquiries and seek their own independent advice with respect to the property advertised or the information about the property.
Listing description written by Cherie Carlson, Cherie Carlson Real Estate — reproduced as published, not verified by Districts.