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QLD › The Gap › Waterworks Rd

1385 Waterworks Rd, The Gap QLD 4061

House

$1,300,000

Last sold

14 Mar 2025

4

Bedrooms

2

Bathrooms

5

Car spaces

1,544 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,300,000 (14 Mar 2025).(Recorded sale)
  • FactLand 1,544 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in The Gap (last 5 years) with land size: median $1,984/m² of land (n=91). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,300,000

14 Mar 2025 · derived via latest_sale

Local land rate: recorded House sales in The Gap (last 5 years) with land size have a median of $1,984/m² of land (n=91). Districts calculation from recorded sales — not a valuation.

The Gap at a glance

18,470

People

$1,408,750

Median sale

$741/wk

Median rent

2.74%

Suburb gross yield

Median sale from 62 recorded sales (last 12 months) — a Districts calculation.

See the full The Gap report →

Vs The Gap

-7.7%

Median sale

Suburb $1,408,750

+0.22 pp

Gross yield

Suburb 2.74%

Suburb median $1,408,750 from 62 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$1,300,00014 Mar 2025
  2. Listedprice unknowncompleted17 Feb 2025
  3. Listedprice unknowncompleted17 Feb 2025

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 $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.

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

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

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

The Gap in one glance

The Gap at a glance

18,470

People

$1,408,750

Median sale

$741/wk

Median rent

2.74%

Suburb gross yield

Median sale from 62 recorded sales (last 12 months) — a Districts calculation.

See the full The Gap report →

Keep researching

  • Why The Gap? Read the area thesis →
  • What else is on the market in The Gap →
  • Other records on Waterworks Rd →

Listing material

Listed by Priority Residential

Secluded Family Retreat with Unlimited Potential on 1,544m2

Nestled just a stone's throw away from the serene Mt Nebo Road, this architecturally designed property is elevated amongst lush greenery, offering the ultimate private family retreat you've been yearning for. Surrounded by nature, enjoy the breathtaking elevated views through expansive sliding glass doors, where cool, refreshing breezes dance through the home, creating a tranquil ambi• ance that's perfect for relaxation or entertaining.

From the moment you step inside, you'll be captivated by the unique and versatile floor plan. The sunken lounge room sets the tone for this extraordinary home - whether you're entertaining guests or unwinding by the fire during cooler months, this space is designed to impress. The centrally located kitchen, with a cozy adjoining meals area, provides the perfect setting for family gatherings, ensuring you'll always feel at home.

The east wing of the home offers four generously sized bedrooms, including a master suite with a private ensuite for added comfort and privacy. The family bathroom is conveniently positioned with a two-way cupboard that offers easy access to both the bathroom and linen storage, ensuring everything is within reach.

Read the full description

The west wing of the property holds boundless potential to cater to your family's evolving needs. Whether you envision it as a teenagers' retreat, a dedicated office space, or even a home business with its own front entry, this flexible space offers endless possibilities to make it your own.

This home oozes character and charm and is brimming with potential for the discerning buyer looking to create something truly special. Whether you are looking for a peaceful sanctuary or a place to cultivate your family's future, this secluded retreat offers the perfect canvas for your dreams to come alive. Don't miss the opportunity to call this one-of-a-kind property your own!

For your indulgence;

• Architecturally designed home

• Four bedrooms- three with built-ins

• Large main with walk-in-robe

• Two bathrooms, main with ensuite

• Centralised kitchen with adjoining meal area

• Sunken lounge room with a separate dining area

• Large sliding glass doors for tree-lined views

• Combustion fireplace for the cooler months

• Large rumpus area with potential for teenager's retreat

• Air-conditioning for summer months

• Large internal laundry

• Plenty of storage space

• Large paved entertaining area

• Large grassy area for children to play

• Double lock up car accommodation

• Additional room for extra cars or toys

• Ample room to turn vehicles around

• 1,544m2 land approximately

Approximate distances;

• The Gap Village Shopping Mall - 2.8km

• Local Gymnasium - 2.8km

• Local Hardyman Centre - 2.8km

• The Gap Primary School - 1.3km

• The Gap Secondary School - 1.6km

• Payne Road School - 1.6km

• Hilder Road School - 2.3km

• St Peter Chanel Catholic School - 1.6km

• Walkabout Creek Discovery Centre - 600m

• The Gap Reservoir Walk - 600m

• Bellbird Grove Walking Tracks - 6km

• Wittonga Dog Park - 1.3km

• Bunnings Warehouse - 5.2km

• Great Western Super Centre - 5.4km

• Brookside shopping Centre - 9.5km

• Arana Hills Shopping Centre - 9km

• Indooroopilly Shopping Centre - 14.9km

• Local Bus Stop - 14.9km

• Brisbane CBD - 12km

The Gap is known for its remarkable beauty, large character homes, leafy streets and hilly aspect. Backing onto beautiful reserves of native bushland and National Parks and surrounded on three sides by Mt Coot-tha, Mt Glorious, Mt Nebo and Taylor's Range - making it the perfect bush retreat for city professionals and the perfect place to raise a family. To the south and west of The Gap is D'Aguilar National Park, known for its sheltered pockets of sub-tropical rainforest, dense forests and spectacular views. There are designated bushwalks throughout the park, and on Mt Nebo Road, you'll find Walkabout Creek - an interactive wildlife education centre, with a new Family Swimming Area on Enoggera Reservoir. There is a variety of speciality stores and medical facilities, as well as a shopping village, access to playgrounds and dog parks and The Gap golf course.

Listing description written by Beth Lagos, Priority Residential — 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.