Heathwood at a glance
5,581
People
$1,305,000
Median sale
$804/wk
Median rent
3.20%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
QLD › Heathwood › Falkland Street West
$1,060,000
Last sold
18 May 2025
5
Bedrooms
3
Bathrooms
2
Car spaces
601 m²
Land
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
$1,060,000
18 May 2025 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Heathwood (last 5 years) with land size have a median of $2,073/m² of land (n=98). Districts calculation from recorded sales — not a valuation.
Heathwood at a glance
5,581
People
$1,305,000
Median sale
$804/wk
Median rent
3.20%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Heathwood
-18.8%
Median sale
Suburb $1,305,000
+0.74 pp
Gross yield
Suburb 3.20%
Suburb median $1,305,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Brisbane City Plan 2014
Zone
Environmental management
EM
Jurisdiction
Brisbane City Council
Brisbane, 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 Environmental management · EM (Brisbane City Plan 2014). Official parcel area about 604 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 $804/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 Environmental management · EM (Brisbane City Plan 2014). Official parcel area about 604 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 604 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
Heathwood at a glance
5,581
People
$1,305,000
Median sale
$804/wk
Median rent
3.20%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by One Agency Forest LakeModern Family Dream Home with Dual Living Potential
Experience the pinnacle of contemporary living in this custom-designed residence nestled in a quiet pocket of sought-after Heathwood. Perfectly combining style, space, and functionality, this expansive single-level home offers a versatile layout ideal for large families, multi-generational living, or investors seeking a high-quality asset with dual-living potential.
Set on a generous 601m² block and finished to the highest standards, this home showcases multiple living zones, premium fixtures and fittings, and a private, low-maintenance lifestyle—all within minutes to schools, shopping centres, and major transport links.
Property Highlights:
Custom-designed layout with multiple living areas
5 spacious bedrooms, including 2 master suites
3 well-appointed bathrooms (main with bath + separate toilet/powder room)
5th bedroom/media room with separate access – ideal for a granny flat or additional rental income
Spacious modern kitchen with stone benchtops, gas cooking, dishwasher, lovely cabinetry, and walk-in pantry
Separate front lounge + open-plan family and dining zone
Covered alfresco entertaining area with potential for further expansion
Double remote garage with long and wide driveway - room for more vehicles
Fully fenced on 601m² block
Premium Inclusions:
19.36kW solar power system – massive energy savings
Reverse-cycle air-conditioning + ceiling fans throughout
Security alarm system + Crimsafe security screens
LED downlights, NBN connectivity
Tiled flooring for low-maintenance living
Private location in a quiet street
Unbeatable Location:
Enjoy convenience at your doorstep—just a short drive to Forest Lake Shopping Centre, schools, and transport links, including Logan Motorway, Ipswich Motorway, and Centenary Highway.
Nearby Schools:
Pallara State School
Forest Lake State School
St John’s Anglican College
St Mark’s Catholic School
Durack State School
Australian International Islamic College
Shopping Centres:
Heathwood Shopping Hub
Forest Lake Shopping Village
Blunder Road Marketplace
Inala Plaza Civic Centre
Easy Commute:
35 mins to Brisbane Airport
55 mins to Gold Coast
Rental Appraisal:
$850-$900 per week
The Perfect Blend of Style, Space & Flexibility
Whether you’re upsizing, accommodating extended family, or investing in a prime growth location, this sophisticated home is ready to impress. The thoughtful floorplan allows for future adaptability with potential for dual occupancy or a self-contained retreat.
Contact Isaac Nguyen at One Agency Forest Lake today to arrange a private inspection. This property must be seen to truly appreciate the quality and lifestyle on offer.
Important Note:
This property is being sold without a price and therefore a price guide cannot be provided. Any filtering applied by online portals is not a price indication. All genuine offers are welcome.
Disclaimer:
While every care has been taken to ensure the accuracy of the information provided, we accept no responsibility and disclaim all liability in respect to any errors, inaccuracies, or misstatements. All interested parties are encouraged to make their own enquiries and seek independent legal advice.
Listing description written by Isaac Nguyen, One Agency Forest Lake — reproduced as published, not verified by Districts.
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