Wellington Point at a glance
13,238
People
$1,405,000
Median sale
$741/wk
Median rent
2.74%
Suburb gross yield
Median sale from 83 recorded sales (last 12 months) — a Districts calculation.
QLD › Wellington Point › Drake St
$1,259,000
Last sold
16 Dec 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
752 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
$1,259,000
16 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in Wellington Point (last 5 years) with land size have a median of $2,095/m² of land (n=145). Districts calculation from recorded sales — not a valuation.
Wellington Point at a glance
13,238
People
$1,405,000
Median sale
$741/wk
Median rent
2.74%
Suburb gross yield
Median sale from 83 recorded sales (last 12 months) — a Districts calculation.
Vs Wellington Point
-10.4%
Median sale
Suburb $1,405,000
+0.32 pp
Gross yield
Suburb 2.74%
Suburb median $1,405,000 from 83 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 $741/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
Wellington Point at a glance
13,238
People
$1,405,000
Median sale
$741/wk
Median rent
2.74%
Suburb gross yield
Median sale from 83 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bayside Property AgentsPerfectly positioned in a quiet cul-de-sac, this Fiteni home will impress and delight with its spacious single-level design and swimming pool on 752sqm.
Renovated with a new kitchen, bathrooms and flooring, and kept cool across the summer season with air-conditioning, every element ensures relaxation, well-being and low-maintenance living in this beautiful parkside pocket of Wellington Point.
Families can stretch out and come together in the living room, dining space, and large family area, which invites winter warmth with a cosy fireplace. Modernised and open plan, the kitchen overlooks the interiors, alfresco patio and swimming pool, ensuring you can always watch over children and stay connected to guests when entertaining.
Breathing in the northern aspect and sunlit sights over the shimmering pool, the covered patio is your destination for outdoor gatherings and supervising kids as they splash and swim. The backyard offers additional space for children, and the garden patio is tucked away for peaceful reading and coffees amongst the greenery.
The floor plan includes four bedrooms, two bathrooms, a laundry, and a double garage. Built-in robes feature in the family bedrooms, and the master suite boasts a walk-in robe and dual vanity ensuite.
Additional features:
• Reverse cycle split system air-conditioning
• Ceiling fans and security screens
• Wood-burning fireplace in the family room
• 26-panel 10kW system with twin Sungrow inverters (battery ready)
• Rainwater tank to maintain the lawns and gardens
In a perfect position, this relaxing cul-de-sac lifestyle offers everything you need and more. The highly coveted Ormiston College is 2km away for families, bus stops are only 300m from your door, and you can walk 350m to Horizons, featuring cafes, restaurants, a bakery, IGA and a medical centre. A beautiful park and playground are 200m away for kids, and you can visit the nearby Wellington Point, Ormiston and Cleveland foreshores for boating, fishing and island hopping.
Have you heard? The Redlands is set to be transformed for the 2032 Olympic Games. Spanning 62 hectares, the Birkdale Community Precinct Master Plan will celebrate habitat, culture and heritage with multiple plazas, entertainment areas and ecological sites, including a wetland boardwalk, zip line and treetop walk. Boasting Redland Coast's first public lagoon and an adventure playground, this exciting space will neighbour Birkdale's Whitewater Centre, the secured venue for the 2032 Olympics canoe slalom.
Please contact agent for rental appraisal.
Disclaimer: This property is being sold without a price therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Listing description written by Luke Humphrys, Bayside Property Agents — reproduced as published, not verified by Districts.