Wongawallan at a glance
1,541
People
$1,685,000
Median sale
$874/wk
Median rent
2.70%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
QLD › Wongawallan › Elevation Dr
For sale
For sale
4
Bedrooms
3
Bathrooms
9
Car spaces
30,300 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
Asking
No recorded sale price for this property yet.
Wongawallan at a glance
1,541
People
$1,685,000
Median sale
$874/wk
Median rent
2.70%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
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 $874/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
UnknownArea
Wongawallan at a glance
1,541
People
$1,685,000
Median sale
$874/wk
Median rent
2.70%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McDermott Residential Gold CoastSet on approximately 7.5 acres (3.03 hectares) of partly cleared natural bushland, this unique property has been thoughtfully improved to suit a wide range of users. It will appeal to families seeking privacy and room to grow, owner-occupiers needing serious shed and vehicle storage, business owners requiring workshop-ready spaces, and investors looking for flexible accommodation options with massive potential and strong future upside.
Located approximately 20 minutes from the M1 motorway, the property offers a rare balance of privacy and accessibility. It feels wonderfully removed from the everyday, yet remains within easy reach of Oxenford, Tamborine Village, Gallery Walk, major shopping, schools, services and the Gold Coast coastline. This rural retreat features a host of serious improvements and accommodation options, including main home, large industrial shed with games room/office/guest room, high 4 - 6 bay carport plus a separate, private fully self-contained cottage on it's own cleared, level and elevated setting, with space to build your dream home overlooking the valley.
The main home has been freshly painted and upgraded, comprising the spacious open plan living/dining/kitchen area with air-con and combustion fireplace, 2 spacious bedrooms and renovated bathroom. With a freshly painted interior and exterior with new flooring, the rural style home also features a 3m wide verandah on 3 sides, providing ample space to enclose all or part to create additional rooms and even more space for family and guests. The home sits within a tranquil, protected north-east facing setting with cleared level yard space for children, pets, self-sufficient gardens or simply enjoying the peace and privacy of acreage living.
A major point of difference is the property's extensive shed, workshop and storage infrastructure. The main industrial-style shed is approximately 15m x 9m x 4m high, fully lined on slab and includes high roller door, three-phase power, air-conditioning, enclosed office, storage area and mezzanine. It is ideal for trades, equipment, machinery, vehicles, a home-based business setup, restoration projects, hobby use or secure storage.
Additional improvements include:-
* Main Industrial Shed - approx 15m x 9m x 4m high, fully lined on slab with high roller door, 3-phase power, Air Con and enclosed office/storage areas with mezzanine storage
* Includes games/office/living quarters (approx. 9m x 8.5m) with A/C, twin vanity ensuite and external approx. 8m x 7m carport
* Open Industrial Carport - approx. 24m x 7m x 4m high on slab with sensor lighting
* Approx. 95,000 ltrs of rainwater tanks with new pumps; 1.5kw (8 panels) solar power
* New 3 phase power throughout; separate circuit boards & safety switches for house, shed and cottage
* Separate self-contained 1 bedroom weekender cottage (NB not approved by GCCC) with A/C, single carport, fenced courtyard for pets, garden sheds, approx 22,500 ltr water tanks and cleared level lawns & yard of approx 1/4 acre with valley views
* Level site is the ideal position to build new dream home and capture gorgeous valley views
Elevation Drive is the turn-off at the Fox and Hounds pub (Red London Bus) about midway between Oxenford and Mt Tamborine. An easy drive to the Gallery Walk and Tamborine Village for days and evenings out, alternatively the M1 is only about 20 mins away with major supermarkets, shopping and dining options along the way. You can be at the Gold Coast beaches in approx. 40 mins, Brisbane about 1 hour and Coolangatta 45 -50 mins.
This lifestyle retreat is a rare combination of rural lifestyle accommodation, workshops and vehicle storage in an excellent, centrally accessible, idyllic location. Set up your market garden and self-sufficient lifestyle amongst nature, with massive upside for future improvement. Ready to move in or lease out separately (including ready-made caretaker/tenant to keep an eye on the estate and mow the lawns if required), this is well worth your inspection to truly appreciate what is on offer. A must to inspect and appreciate - envision your future, create the reality.
All offers above $1.299m considered but be quick to secure this one!
Please contact agent for Form 2 Seller's Disclosure Statement, Relevant Information document and Letter of Offer form.
Inspect as advertised or call to arrange a private viewing by appointment.
Disclaimer:
In preparing this information McDermott Residential, it’s directors, employees and contractors have used their best endeavours to ensure the information contained herein is true, correct and accurate at the time of preparation. No warranty can be given or assumed, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements that may occur. All areas, amounts, measurements, distances and other numerical information quoted are approximate only. Interested parties should carry out their own inspections, enquiries and due diligence to satisfy themselves that all details relating to the property are correct. Potential buyers should seek their own independent legal advice before signing a contract of sale.
Listing description written by Dennis McDermott, McDermott Residential Gold Coast — reproduced as published, not verified by Districts.
Nearby 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.