Westcourt at a glance
4,044
People
$700,000
Median sale
$495/wk
Median rent
3.68%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
QLD › Westcourt › Gregory St
$635,000
For sale
Asking
2
Bedrooms
2
Bathrooms
1
Car spaces
137 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
Asking
$635,000
Asking · $4,635/m² of land
No recorded sale for this property.
Westcourt at a glance
4,044
People
$700,000
Median sale
$495/wk
Median rent
3.68%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Westcourt
-9.3%
Median sale
Suburb $700,000
+0.37 pp
Gross yield
Suburb 3.68%
Suburb median $700,000 from 20 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$27,690 on top of the price (4.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Westcourt's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $495/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.
Gross yield if leased at the suburb aggregate is 4.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
Westcourt at a glance
4,044
People
$700,000
Median sale
$495/wk
Median rent
3.68%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Twomey Schriber Property GroupWelcome to a property that defines quiet luxury. Welcome to a home that surpasses all others on the market today, in its exemplary presentation and meticulous attention to detail. Welcome to a top floor location, that captures refined privacy and all the conveniences that only resort style living can offer. Welcome to apartment 129/12-21 Gregory Street.
**inspections by appointment**
Features we love
- Top floor location, overlooking resort style pools with mountain vista backdrop
- Surprising level of privacy, rarely found in poolside locations and complimented with considered screening options
- Exceptional internal condition that only "owner occupied" properties maintained to the highest of standards can boast
- Meticulously considered, suite of renovations and upgrades throughout
- New lighting, fans, appliances, fixtures and fittings throughout
- All glass replaced with acoustic laminate, significantly reducing noise and improving energy efficiency
- Recently repainted, new high end floor coverings in both bedrooms
- Newly renovated bathrooms, with upgraded cabinetry, fixtures and tap ware
- Abundance of internal storage space and built in robes, plus internal laundry and storeroom
- Secure basement parking plus storage cage
- Gated complex with dedicated management and on-site security
- Full resort style amenities at your fingertips
- Close proximity to CBD, shopping, dining and entertainment, further enhancing convenience.
The Figures;
Body corp - approx $10,491 per annum
Council rates - approx. $3,300 per annum
Lot size - 137sqm on title
Built - 2005
Properties like apartment 129, there is a reason they are gushed over. It's the same reason that they so rarely find themselves available for purchase. The immense effort, inconvenience and significant cost involved in renovating and elevating a property, means that owner occupiers are so unwilling and unlikely to ever leave them behind, parting with all the cost and hard work. This equates to a significant buying opportunity when one finally does come available. The opportunity to capitalise on all the inconvenience and hard work of someone else's labour, while also locking in significant value, due to the cost of completing such works being far more to complete, tomorrow. They say that win-wins are a fallacy when it comes to property. They simply haven't seen apartment 129.
For all inquiries or to arrange an inspection, contact Tim Lyon today, on 0400355706.
All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.
Listing description written by Tim Lyon, Twomey Schriber Property Group — reproduced as published, not verified by Districts.
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