Reedy Creek at a glance
8,001
People
$1,775,000
Median sale
$819/wk
Median rent
2.40%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
QLD › Reedy Creek › Worchester Tce
$1,260,000
Last sold
4 Mar 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
437 m²
Land
206 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
$1,260,000
4 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Reedy Creek (last 5 years) with land size have a median of $1,989/m² of land (n=115). Districts calculation from recorded sales — not a valuation.
Reedy Creek at a glance
8,001
People
$1,775,000
Median sale
$819/wk
Median rent
2.40%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Vs Reedy Creek
-29.0%
Median sale
Suburb $1,775,000
+0.98 pp
Gross yield
Suburb 2.40%
Suburb median $1,775,000 from 43 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 $819/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
Reedy Creek at a glance
8,001
People
$1,775,000
Median sale
$819/wk
Median rent
2.40%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath SouthportPerfectly positioned luxurious family home in the sought-after Observatory Estate. Located on a quiet family street this three-bedroom home offers a contemporary open plan layout with soaring ceilings to really give that effortless sense of space.
The perfect entertainer including a seamless flow for indoor/outdoor living. The chef of the house will enjoy the glamourous island bench and premium appliances in the kitchen, plenty of room for storage and a breakfast bar to sit and drink your morning coffee.
You will love having guests around to entertain at this spacious property whist enjoying a laid back breezy low maintenance lifestyle.
Main features inclusive of:
• Three generous sized bedrooms, with built in robes, quality carpet and
window furnishings, high ceilings, air conditioning and a scenic outlook
• Spacious Master Suite with plentiful natural light, walk in robe, air
conditioning, quality carpet and window furnishings
• Ensuite to master, with his and hers vanity wall mounted, bathtub and
frameless shower plus toilet
• Open plan living of generous size, plentiful natural light, separate spaces to
enjoy, opening onto your covered alfresco front and rear decks, with blackbutt
timber flooring, high ceilings and air conditioning
• Formal living area with quality carpet, plentiful natural light, high ceilings
• Glamourous kitchen with huge island bench with waterfall edge Calacatta
stone, premium appliances inclusive of gas cooktop, smoky glass splashback
and breakfast bar
• Guests bathroom with wall mounted vanity with stone benchtop, frameless
shower and toilet
• Spacious laundry with built in cabinets and bench space plus external access
• Upgraded lighting to LED 3way, security system, tint on master suite windows
• Front covered alfresco area with tranquil water feature and grassed play area
• Rear alfresco covered entertaining area, overlooking low maintenance
manicured gardens, fenced for privacy and enjoyment, water tank for
watering gardens
• Double lock up garage with internal access and automatic door with remotes
• 439sqm block, 2008 build
Homes with excellent features like this are a must see, call me today to arrange a private inspection. Lease in place ending October 2024, tenant paying $1050 per week
Reedy Creek is a great location only 10 minutes from Burleigh Heads and the Robina Town Centre
The Gold Coast airport is just a 20-minute drive away
Less than an hour from the Brisbane CBD with easy access to the Pacific
Motorway
8 Private and Public schools within 5km, like Somerset College, Hillcrest College and Kings Christian College
30 minutes to Byron Bay, 55 minutes to Brisbane CBD, 10 minutes to the home of the Titans at Skilled Park Stadium
Disclaimer: All information (including but not limited to the property area, floor size, price, address, and general property description) is provided as a convenience to you and has been provided to McGrath by third parties. Consequently, McGrath is unable to definitively attest to the listed information's accuracy. McGrath does not accept any liability (indirect or direct) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits arising out of or in any way connect with the use or dissemination of any information, or any error, omission, or defect present within the information as appearing on the Website. Information appearing on the Website should not be relied upon and you should attend to your own personal enquiries and seek legal advice (where required) with respect to any property on the Website. Please also note, the prices displayed on the Website are current at the time of issue but are subject to change.
Listing description written by Nicole Carter, McGrath Southport — reproduced as published, not verified by Districts.
Also look at
8/54 Gemvale Rd, Reedy Creek QLD 4227
3-bed townhouse. Asking $935K.
U2, 4 Encamp St, Reedy Creek QLD 4227
3-bed semi detached. Asking $1.09M.
23 York Creek Cres, Reedy Creek QLD 4227
4-bed house for sale. Asking $1.7M.
U17, 54 Gemvale Rd, Reedy Creek QLD 4227
3-bed villa. Asking $929K.