Seven Hills at a glance
3,180
People
$1,807,500
Median sale
$735/wk
Median rent
2.11%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
QLD › Seven Hills › Porteus Dr
$1,000,000
Last sold
23 Oct 2020
4
Bedrooms
3
Bathrooms
2
Car spaces
408 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
$1,000,000
23 Oct 2020 · derived via latest_sale
Local land rate: recorded House sales in Seven Hills (last 5 years) with land size have a median of $2,689/m² of land (n=65). Districts calculation from recorded sales — not a valuation.
Seven Hills at a glance
3,180
People
$1,807,500
Median sale
$735/wk
Median rent
2.11%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Seven Hills
-44.7%
Median sale
Suburb $1,807,500
+1.71 pp
Gross yield
Suburb 2.11%
Suburb median $1,807,500 from 18 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 $735/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
Seven Hills at a glance
3,180
People
$1,807,500
Median sale
$735/wk
Median rent
2.11%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX Results MorningsideNestled in a premium street and only 100 metres from the highly acclaimed Seven Hills State School this large family home offers stylish and practical living with room to grow.
Perched above Porteus Drive, this beautifully designed home features a triple gabled roof combining a traditional look with a modern feel. Before entering the home, the recent addition of an in-ground salt-water pool with solar heating makes great use of the front yard. From here, you enter the home with high ceilings throughout, where one of the 3 large living areas is perfect for watching the children swim. The ground floor also accommodates a great sized bedroom, a well-appointed bathroom, laundry and huge second living area with bar which opens out to the turfed ground floor entertainment area.
The internal staircase leads you to the second floor where the well appointed open plan kitchen features large stone benchtops, high quality appliances and an island bench that integrates the kitchen, lounge and dining areas. The timber French doors open out to a wraparound deck to enjoy summer barbecues, entertaining and breezes. The beautiful polished timber floors run throughout and lead you to the 3 upstairs bedrooms all with ceiling fans and built in wardrobes. The large master bedroom has an ensuite and walk in wardrobe with ample storage and hanging space. The master bedroom and second bedroom also share the east facing front balcony with a leafy outlook, perfect for a wintery morning coffee in the sun.
Although the home is superbly appointed and ready to live a wonderful lifestyle, there is also the opportunity to easily convert the third living area into a 5th bedroom or create a dual living home.
Seven Hills offers a quiet, family friendly lifestyle with numerous parks, outstanding coffee shops and the Corso shopping precinct with restaurants, doctors surgery and specialty shops. The nearby Seven Hills Bushland also offers 58 Hectares of bike and walking tracks adding to the recreational advantages of living in this leafy enclave. All this within 5 km of the CBD and walking distance to public transport.
Features at a glance -
⢠4 bedrooms
⢠3 bathrooms
⢠3 separate living areas
⢠Open plan kitchen, dining, lounge
⢠Double remote garage with internal access
⢠In ground pool with solar heating
⢠Wrap around entertainment deck
⢠Polished timber floors upstairs
⢠New Korlok floating floors downstairs
⢠High ceilings throughout
⢠Crimsafe screens
⢠Tree house
⢠Dual living opportunity
⢠5km to the CBD
⢠close to public transport - buses and train
Listing description written by Dan Elliott, RE/MAX Results Morningside — reproduced as published, not verified by Districts.