Meringandan West at a glance
3,256
People
$890,000
Median sale
$661/wk
Median rent
3.86%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
QLD › Meringandan West › Phalaris Ct
$643,500
Last sold
25 July 2024
3
Bedrooms
1
Bathrooms
3
Car spaces
4,013 m²
Land
Districts View
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
$643,500
25 July 2024 · derived via latest_sale
Local land rate: recorded Rural Property sales in Meringandan West (last 5 years) with land size have a median of $198/m² of land (n=15). Districts calculation from recorded sales — not a valuation.
Meringandan West at a glance
3,256
People
$890,000
Median sale
$661/wk
Median rent
3.86%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Vs Meringandan West
-27.7%
Median sale
Suburb $890,000
+1.48 pp
Gross yield
Suburb 3.86%
Suburb median $890,000 from 39 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Toowoomba Regional Planning Scheme
Zone
Rural
Rural
Jurisdiction
Toowoomba Regional Council
Toowoomba, QLD
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
QLDZoned Rural (Toowoomba Regional Planning Scheme). Official parcel area about 4,031 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $661/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Rural (Toowoomba Regional Planning Scheme). Official parcel area about 4,031 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 4,031 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Meringandan West at a glance
3,256
People
$890,000
Median sale
$661/wk
Median rent
3.86%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by myhouse Realty ToowoombaSet back from the road hidden amongst the trees on a fence acre allotment, this circa 1900's character home which is located at the end of a quiet Court in thriving Meringandan West less than 5kms to the iconic Meringandan Hotel and 9kms to the heart of Highfields with all of its amenities, is truly a rare find and is a MUST to inspect to appreciate the unique lifestyle that this property has to offer.
Oozing character, history and architecture with a wide, L-shaped wrap around front verandah, high ceilings, timber VJ walls and ceilings throughout and country timber kitchen with combustion wood stove, this exceptional property is now ready and waiting for its lucky new owners to make it their home.
14 Phalaris Court's full list of features include: -
- Circa 1900's hi-set timber character home positioned in a very private and treed setting
- Original features inc. high ceilings, and timber VJ walls/ceilings throughout most of home
- 2mt wide L-shaped front verandah, perfect for your morning cuppa or afternoon beer/wine
- 3 x double plus sized carpeted bedrooms (1 with built-in robe and 1 with air-conditioning)
- Renovated bathroom at the rear of home with beautiful timber vanity and large walk-in shower
- Country timber kitchen with island bench, upright electric oven and combustion wood stove
- Expansive central living room with air-con and wood heater, separate adjacent dining area
- 9 x 6mt powered Colourbond shed, plenty of under house storage for additional cars/trailers
- Fenced 4,013m2 allotment with rainwater tank on pump that is plumbed to house inc. kitchen
- Less than 5kms to the Meringandan Hotel, 9kms to heart of Highfields with all of its amenities
Listing description written by Michael Brown, myhouse Realty Toowoomba — reproduced as published, not verified by Districts.
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