Tanah Merah at a glance
5,000
People
$1,015,500
Median sale
$642/wk
Median rent
3.29%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
QLD › Tanah Merah › Pelewan Ct
$645,000
Last sold
15 Aug 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
625 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
$645,000
15 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in Tanah Merah (last 5 years) with land size have a median of $1,069/m² of land (n=102). Districts calculation from recorded sales — not a valuation.
Tanah Merah at a glance
5,000
People
$1,015,500
Median sale
$642/wk
Median rent
3.29%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Vs Tanah Merah
-36.5%
Median sale
Suburb $1,015,500
+1.89 pp
Gross yield
Suburb 3.29%
Suburb median $1,015,500 from 26 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 $642/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
Tanah Merah at a glance
5,000
People
$1,015,500
Median sale
$642/wk
Median rent
3.29%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Solutions WindsorUndeniably appealing in terms of location and pure potential in the highly sought-after suburb of Tanah Merah.
This three bedroom ensuite home boasts a highly desirable layout. Step through the front door and be greeted with a spacious air-conditioned lounge room drenched in an abundance of natural light that flows through to the well appointed kitchen and dining area which flows seamlessly to the expansive outdoor patio creating a welcoming atmosphere for gathering and relaxation.
The bedrooms all with built in robes and carpeted flooring, the main bedroom with ensuite. For convenience a separate laundry, security screens throughout, a single lock up garage with internal entry, a single carport plus a fully fenced rear yard.
This property is exceptional as is, but also offers potential given the large 625m2 block with plenty of room in the backyard making it ideal for adding a pool or other desired amenities. Potential side access further adds to the versatility and ease of enhancing this already fantastic home.
Located in a rapidly growing suburb, this property not only offers a comfortable family living experience but also presents significant future growth potential. Tanah Merah is renowned for its thriving community, excellent amenities, and proximity to schools, shopping centres, and transport options. With easy access to major highways, commuting to Brisbane or the Gold Coast is a seamless experience.
An appealing home for a young couple looking to start their future or an ideal investment as the property is currently tenanted with exceptional tenants until 26th April 2024, this property provides an immediate rental income opportunity for savvy investors.
Don't miss out on the chance to secure this exceptional property, as it is sure to generate significant interest and won't be available for long. For more information or to arrange a viewing, please contact us today.
Listing description written by Domenico Bellino, Harcourts Solutions Windsor — reproduced as published, not verified by Districts.
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