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QLD › Mundoolun › Randwick Dr

124 Randwick Dr, Mundoolun QLD 4285

House

$652,000

Last sold

15 Dec 2021

4

Bedrooms

2

Bathrooms

2

Car spaces

12,100 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $652,000 (15 Dec 2021).(Recorded sale)
  • FactLand 12,100 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Mundoolun (last 5 years) with land size: median $183/m² of land (n=41). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$652,000

15 Dec 2021 · derived via latest_sale

Local land rate: recorded House sales in Mundoolun (last 5 years) with land size have a median of $183/m² of land (n=41). Districts calculation from recorded sales — not a valuation.

Mundoolun at a glance

2,038

People

$1,295,000

Median sale

$699/wk

Median rent

2.81%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Mundoolun report →

Vs Mundoolun

-49.7%

Median sale

Suburb $1,295,000

+2.76 pp

Gross yield

Suburb 2.81%

Suburb median $1,295,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$652,00015 Dec 2021
  2. Listedprice unknowncompleted27 Oct 2021
  3. Listedprice unknowncompleted27 Oct 2021

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $699/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mundoolun in one glance

Mundoolun at a glance

2,038

People

$1,295,000

Median sale

$699/wk

Median rent

2.81%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Mundoolun report →

Keep researching

  • Why Mundoolun? Read the area thesis →
  • What else is on the market in Mundoolun →
  • Other records on Randwick Dr →

Listing material

Listed by Meagan Read Property

Country charm on 3 Acres

Situated in a private and peaceful setting surrounded by established fruit trees, natural bushland and bird life, you will find this large 4 bedroom + study home. This home has a tonne of potential and will suit those buyers seeking to add their own touches. You will love the character that this home boasts.

Step inside. You will find the master bedroom with walk in robe and ensuite to one end of the home. Fitted with air conditioning and opening up onto the rear deck veranda.

The other 3 bedrooms all have air conditioning and 2 open up to the back veranda through French doors. There are two living areas plus a separate dining area. Every room in the house is fitted with air-conditioning. You will enjoy the spacious kitchen, ample bench and cupboard space plus a large walk in pantry. The back veranda is a great place to enjoy your morning coffee or entertain your friends. Watch the sunsets and enjoy the birdlife. The 3 acres has been left natural. Welcome to 124 Randwick Drive, Mundoolun.

Read the full description

-Loads of potential to add your own touches

-4 Bedrooms plus a study

-Large back veranda runs the entire length of the home.

-3.5 KW solar

-Septic system

-20,000 gallon water tanks

-Established fruit trees including avocado trees producing a large supply of avocados, peach and lemon trees

-2 bay garage/shed

-3 Acres of natural bush land

-Spacious living areas

Ideally located in Mundoolun, you are conveniently located about half way between the Gold Coast and Brisbane. Approx 10 minutes to Jimboomba where you will find local shops and schools.

* The vendor reserves the right to accept offers prior to the advertised open home times.

* The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Year Built: 1995

Rates: $1200 per annum (approx.)

Listing description written by Brooke Fordham, Meagan Read Property — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Deck
  • Shed
  • Solar Panels
  • Study
  • Water Tank
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.