Meringandan West at a glance
3,256
People
$886,500
Median sale
$661/wk
Median rent
3.88%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
QLD › Meringandan West › Corella St
$740,000
Last sold
14 Mar 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
2,037 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
$740,000
14 Mar 2024 · 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
$886,500
Median sale
$661/wk
Median rent
3.88%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Meringandan West
-16.5%
Median sale
Suburb $886,500
+0.76 pp
Gross yield
Suburb 3.88%
Suburb median $886,500 from 40 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.
Area
Meringandan West at a glance
3,256
People
$886,500
Median sale
$661/wk
Median rent
3.88%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by TomoroThe moment you pull up at 'Corella Cottage' you will fall in love with this charming character home. Set on a fenced 2037m2 allotment and situated only walking distance to Meringandan Primary School, local parks, the famous Meringandan Pub and only 5 minute drive from all the conveniences on offer in Highfields. With charming character finishes throughout including timber floors, raked ceilings, fireplace, northern facing deck and huge feature skylights that bathe the home in natural light. It also offers all the modern conveniences you could need such as modern bathrooms & kitchen, ceiling fans, air-conditioning and a remote lock up double garage.
There are four good sized bedrooms, the main with ensuite, loads of cupboard space, & large enough to include a sitting area, a huge open plan living space and a private northern facing deck overlooking the fenced backyard and cottage gardens! Finished off with a wrap around front deck, side access into the backyard, plenty of rainwater storage and a sweet character façade, you will quickly fall in love with this property!
Features Include
-Four large bedrooms with built in cupboards
-Huge main bedroom with ensuite & double storage space
-Spacious open plan lounge/dining area surrounding the kitchen
-Air conditioning in the main living area plus ceiling fans throughout
-Stunning raked timber ceiling and huge feature skylights/attic windows
-Fireplace
-Modern kitchen with good sized pantry overlooking the open plan living space and deck
-Private northern facing deck overlooking the country cottage style gardens
-Security screened throughout
-Wrap around front verandah
-Backyard fenced 2037m2 allotment
-Ample rainwater storage
Privacy is guaranteed with the backyard, deck and living areas all overlooking council owned parkland. The backyard has been beautifully landscaped in hardy cottage garden style with various walkways, bridge and sitting areas to enjoy. This property is guaranteed to appeal to couples, young families and retirees alike. Properties like this are rare, act quickly to book your inspection of this gorgeous home.
Listing description written by Tye Thies, Tomoro — reproduced as published, not verified by Districts.