Sunnybank at a glance
10,413
People
$1,645,000
Median sale
$670/wk
Median rent
2.12%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
$4,000,000
Last sold
30 Oct 2024
5
Bedrooms
3
Bathrooms
8
Car spaces
8,478 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
$4,000,000
30 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in Sunnybank (last 5 years) with land size have a median of $2,201/m² of land (n=98). Districts calculation from recorded sales — not a valuation.
Sunnybank at a glance
10,413
People
$1,645,000
Median sale
$670/wk
Median rent
2.12%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs Sunnybank
+143.2%
Median sale
Suburb $1,645,000
-1.25 pp
Gross yield
Suburb 2.12%
Suburb median $1,645,000 from 29 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 $670/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
Sunnybank at a glance
10,413
People
$1,645,000
Median sale
$670/wk
Median rent
2.12%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Q RealtyThe opportunity is available but are you game? 8,478m2 of land with challenges for a subdivision in an absolutely prime location!
This project is not for the feint-hearted or for those with shallow pockets or for the 'wannabe' Developers. There are many challenges and unknowns in this subdivision development!
Let's start with what we know:
1. There is a 1930's heritage-listed interwar timber 'Fordyce House' on the block. You could move the house within the block, to create a more efficient site plan design, but there are rules and limits with moving and restoring a heritage-listed home. Challenge #1.
2. There is a creek that runs through this 8,478m2 of land therefore decreasing the final lots numbers. Challenge #2.
3. There are 2 lots. Lot 1 faces Dyson Ave, and has the heritage-listed house on it. Lot 2 faces Beenleigh Rd and is zoned 'open space'. Joining and rezoning there in lies challenge #3.
4. Some of the land on either side of the creek has been filled (i.e. extra dirt added) to keep the land raised over the long period of time this owner has owned the land. The fill could be clean fill - we don't know. Your soil tests will reveal more. Challenge #4.
5. Lot 2 which faces Beenleigh Rd has an easement. This easement was for an old gas pipeline which is not operational anymore. Your challenge #5.
6. The Seller is only allowing minimal time periods for due diligence, DA approval applications and settlement dates. And any extensions requests will unlikely be given, and therefore you could loose all the time and money spent on the project if extension is not granted. Time will not be your friend. Challenge #6.
7. The Seller is wanting 8 months lease back after settlement. You could be okay with this, if not it'll be your challenge #7.
So what's the good stuff?
Land is still highly sort, particularly this close to Sunnybank Plaza, St Thomas More College and within walking distance to Banoon Train Station.
The building industry is recovering strongly. This block is connected to town water and town sewer. NBN is available in the area.
We think the Seller is reasonable in his price expectation. He knows the challenges! Bit of an FYI, the family electrical business 'Auto Craft Electrical Services' has served the community since the 1940's! Quite a milestone and yes you are dealing with the original owner of the block!
If you're a big-budgeted Developer with many years of experience, the above information would have been already known to you and this read is just a refresher. If you're reading this with gasps and your eyes have been opening wider and wider as you read the challenges list, then this is a clue that this project is not for you. You might just pick up a very nice block at the end of this project! There is still something for everyone here at 117 Dyson Ave, Sunnybank..
Call now for further information and we could organise a private tour to determine if this project is a good fit for for you.
Best of luck with all your projects!
Disclaimer:
All information contained herein is gathered from sources we consider to be reliable. However we can not guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
Listing description written by Quy Early, Q Realty — reproduced as published, not verified by Districts.