Greenbank at a glance
15,350
People
$1,063,000
Median sale
$656/wk
Median rent
3.21%
Suburb gross yield
Median sale from 125 recorded sales (last 12 months) — a Districts calculation.
QLD › Greenbank › Lemon Cres
$675,000
Last sold
16 Mar 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
375 m²
Land
204 m²
Building
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
$675,000
16 Mar 2023 · derived via latest_sale
Local land rate: recorded House sales in Greenbank (last 5 years) with land size have a median of $2,185/m² of land (n=145). Districts calculation from recorded sales — not a valuation.
Greenbank at a glance
15,350
People
$1,063,000
Median sale
$656/wk
Median rent
3.21%
Suburb gross yield
Median sale from 125 recorded sales (last 12 months) — a Districts calculation.
Vs Greenbank
-36.5%
Median sale
Suburb $1,063,000
+1.84 pp
Gross yield
Suburb 3.21%
Suburb median $1,063,000 from 125 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 $656/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
Greenbank at a glance
15,350
People
$1,063,000
Median sale
$656/wk
Median rent
3.21%
Suburb gross yield
Median sale from 125 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Marsden AKGCOVELLA STREET RECORD
Welcome to this stunning newly built home in the ever-growing suburb of Greenbank. Located in the Covella community on a comfortable 375m2 block, this excellent open-plan four-bedroom, two-bathroom home is a show piece for the latest trends in design & finishes. Built with storage & entertaining in mind, this home was designed to stand out from the crowd & is big on liveability with all your modern inclusions.
A stunning kitchen for the chef of the house, with hidden walk-in pantry, copious sleek black cabinetry with luxury marble grain stone, you'll find yourself gravitating to the heart of the home, your new kitchen!
The position of this property only adds to the value on offer! The new owner will find themselves only minutes away from many necessities & an array of facilities, including a short drive to the major shopping centres, as well as many local schools in the area.
There is no doubt this property will be snapped up fast!
Features we love:
| Four bedrooms
| Master with ensuite, walk-in robe plus built-in robe
| Ceiling fans & built-in robes in all other rooms
| Two bathrooms (Oversize ensuite)
| Two designated living rooms
| Open plan kitchen, living & dining
| Large kitchen with 90cm appliances & dishwasher
| Luxury marble grain stone benchtops throughout
| Air conditioning
| Security screens throughout
| Roller blinds throughout
| Large outdoor alfresco with fan
| Garden shed
| Neighbouring acreage properties
Why build when you can move into this incredible new home with all the modern features you expect to see?
Covella is a beautiful growing Greenbank estate, with residential & acreage homes on offer. Lots of parks & walking tracks with so much more to come.
You don't want to miss out on this fantastic opportunity. To express your interest or organise an inspection, please call Eliza Rees on 0422335676.
Specifications
Council: Logan City Council
Build Finish: March 2022
Builder: Belco Constructions
Land: 375m2
Home: 204m2
Rental Appraisal: $550 - $600 per week
Buying | Selling | Renting
Contact your Greenbank Resident & Suburb Specialist, Eliza Rees today for all your property needs on 0422335676 or by clicking on the external link - https://elizarees.raywhite.com/
Listing description written by Eliza Rees, Ray White Marsden AKG — reproduced as published, not verified by Districts.