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QLD › Drewvale › Waterbrooke Circuit

136 Waterbrooke Circuit, Drewvale QLD 4116

For saleHouse for Sale

$1,320,000

For sale

Asking

4

Bedrooms

2

Bathrooms

4

Car spaces

700 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,320,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,320,000(Listing record · 6 Aug 2026)
  • FactLand 700 m²; no building size recorded.(Property record)
  • CalculationAsk is 10% above the Drewvale median recorded sale ($1,205,000, n=28, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Drewvale's advertised median rent ($750/wk), implied gross yield would be 2.95% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,320,000

Asking · $1,886/m² of land

No recorded sale for this property.

Drewvale at a glance

4,959

People

$1,205,000

Median sale

$750/wk

Median rent

3.24%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Drewvale report →

Vs Drewvale

+9.5%

Median sale

Suburb $1,205,000

-0.29 pp

Gross yield

Suburb 3.24%

Suburb median $1,205,000 from 28 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,320,000
Stamp Duty (Queensland)
$56,425
Transfer/Registration Fee
$5,556
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,385,681

$65,681 on top of the price (5.0% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Drewvale's advertised median rent — not a rent for this listing.

Net yield
1.45%
Annual cashflow (pre-tax)
$-49,440
Interest cover (DSCR)
0.28
Annual rent
$39,000
Operating expenses
$19,800
Loan amount
$1,056,000
Annual interest
$68,640
Gross yield
2.95%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$1,320,000available6 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $750/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Drewvale in one glance

Drewvale at a glance

4,959

People

$1,205,000

Median sale

$750/wk

Median rent

3.24%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Drewvale report →

Keep researching

  • Why Drewvale? Read the area thesis →
  • What else is on the market in Drewvale →
  • Other records on Waterbrooke Circuit →

Listing material

Listed by Ray White Calamvale

Walking to Stretton State College Beautiful Newly Painted Family Home with New Flooring Ready to Move in or Rent

This gorgeous newly painted family home is situated on a 700sqm elevated block in one of Drewvale's quieter family pockets. The result is a home that feels clean and current from the moment you step in - no weekends lost to paint fumes or trades.

Inside, the layout works the way families actually live. A combined kitchen and dining space anchors the home, with a separate front living room giving everyone space to spread out. All four bedrooms come with built-in robes, and the main suite goes further still with a walk-in robe and ensuite - a small touch that makes the morning routine easier. Ceiling fans run throughout, backed by air conditioning for the warmer months.

Out back is where this property really earns its keep. A spacious, undercover outdoor entertainment area overlooks a saltwater pool, with an easy-maintain garden that won't eat into your weekends. The yard is fully fenced, so it's set up for kids, pets, and family gatherings without a second thought.

Read the full description

The practical side has been considered too. A good-sized shed handles the tools and toys, solar panels are already in place to help with the electricity bill. There's a double garage for everyday parking and the long driveway is a genuine standout - there's room for extra cars, a trailer, or even a caravan, plus additional off-street parking at the front.

Location-wise, it's hard to beat. Walking distance to the Stretton State College and parks. Close to the city bus routes (130, 153, 140, and 150). Aldi and a local cafe; are an easy trip, motorway access to both the Gold Coast and Sunshine Coast is close at hand, and Calamvale Marketplace, Sunnybank Hills Shoppingtown, and Calamvale Central are all a short drive from the front door.

Property Features:

• Four bedrooms all with built-in robes, main suite with walk-in and ensuite

• Spacious covered outdoor entertaining area with a saltwater pool

• Ceiling fans throughout plus air conditioning

• Security screens on doors and windows

• A good-sized shed, solar panels, and a rainwater tank connected to the toilet

• Fully fenced with easy-maintain garden

• Double garage plus a long driveway with room for a trailer or caravan

• Walk to Stretton State College, with parks and bus routes close by

This beautiful home allows for more time together and space to chill and entertain when you want. Please Call Bonnie on 0433 802 470 to find out more about this incredible property. Her tri-lingual abilities ensure she can assist all buyer enquiries in English, Mandarin or Cantonese.

Disclaimer: Due to QLD legislation which prohibits a seller or agent from providing a price guide for auction properties, a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Listing description written by Bonnie Davies, Ray White Calamvale — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.