Meringandan West at a glance
3,256
People
$890,000
Median sale
$661/wk
Median rent
3.86%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
QLD › Meringandan West › Sovereign Dr
$827,000
Last sold
29 Apr 2022
5
Bedrooms
2
Bathrooms
2
Car spaces
3,992 m²
Land
350 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
$827,000
29 Apr 2022 · derived via latest_sale
Local land rate: recorded House sales in Meringandan West (last 5 years) with land size have a median of $304/m² of land (n=87). Districts calculation from recorded sales — not a valuation.
Meringandan West at a glance
3,256
People
$890,000
Median sale
$661/wk
Median rent
3.86%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Vs Meringandan West
-7.1%
Median sale
Suburb $890,000
+0.30 pp
Gross yield
Suburb 3.86%
Suburb median $890,000 from 39 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 $661/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.
Nearby
Area
Meringandan West at a glance
3,256
People
$890,000
Median sale
$661/wk
Median rent
3.86%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Colliers ToowoombaThis Richard Adams quality built home completed in March 2020 is BIG in all aspects. With 5 bedrooms, 2 bathrooms and 2 car accommodation, this outstanding home is ready for a new owner. With 3 minutes drive to Meringandan State School and 7 minutes drive to Highfields shopping, this conveniently located property ticks a lot of boxes for a family wanting to live a quite and peaceful lifestyle. With three living areas, there is plenty of space for whole family to spread out and enjoy the comfortable lifestyle.
Some property features include:
-5 large carpeted bedrooms all with built-ins
-3rd bedroom with built in study nook and WIR
-Extra large main bedroom retreat with customized WIR fit out
-Family bathroom, powder room and ensuite in main bedroom
-Free standing bath and extra-large shower in main bathroom
-Black fixtures through-out the home
-Stone bench tops in kitchen, bathrooms and powder room
-Black granite under mount double kitchen sink
-Extra large island bench incorporates storage on both sides, and houses a microwave, dishwasher, drawers and cupboards and breaky bar with room for 6 stools
-Ample storage in the pantry and space for very large family sized fridge
900 mm range dual fuel stove, gas cooktop and electric oven with black splash-back.
-Large open plan lounge, dining and kitchen opening onto outdoor entertaining area through heavy bi-fold doors, fully screened overlooking the 10m x 4.5 m in ground, heated mineral pool
-The 3992m2 block is fully fenced and has side access
-Built in office nook off the kitchen
-Carpeted formal lounge/ media room
High quality plank flooring on thick underlay features in entry, hallways, and the open plan living, dining, kitchen area
Quality ceramic tiles in wet areas
Entertaining area is ready for outdoor kitchen installation with power, gas hob and water/plumbing facilities fitted
With motivated sellers, don't delay inspecting this wonderful family home as you will not be disappointed by its size, quality finishings and location.
Accelerating Success. Contact Dean Delaney from Colliers Toowoomba for more information.
Listing description written by Dean Delaney, Colliers Toowoomba — reproduced as published, not verified by Districts.