Macgregor at a glance
7,063
People
$1,444,000
Median sale
$696/wk
Median rent
2.51%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
QLD › Macgregor › Le Grand St
$1,000,000
Last sold
22 Apr 2024
3
Bedrooms
1
Bathrooms
4
Car spaces
728 m²
Land
265 m²
Building
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
22 Apr 2024 · derived via latest_sale
Local land rate: recorded House sales in Macgregor (last 5 years) with land size have a median of $2,213/m² of land (n=64). Districts calculation from recorded sales — not a valuation.
Macgregor at a glance
7,063
People
$1,444,000
Median sale
$696/wk
Median rent
2.51%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Macgregor
-30.7%
Median sale
Suburb $1,444,000
+1.11 pp
Gross yield
Suburb 2.51%
Suburb median $1,444,000 from 20 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 $696/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
Macgregor at a glance
7,063
People
$1,444,000
Median sale
$696/wk
Median rent
2.51%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Karalis Real EstateIt's big and spacious, just likes its street name suggests; this large-scale, versatile
family property presents a rare opening for savvy buyers to secure a superb high
growth investment where true value can be added immediately or over time.
Located close to Westfield Garden City, Market Square and Griffith University, its placed in
one of the most convenient and desired positions. An ideal choice for multi-
generational families or astute investors, it is within easy access to the Pacific
Motorway and under 12km from Brisbane's CBD making it perfect for attracting
professionals, students, or families looking to rent in the area!
Location highlights include:
- Walk to Griffith University
- Walk to city bus stop
- 250m to QSAC
- 1.7km to Westfield Garden City
- 1.7km to Macgregor State High
- 1.8km to Robertson State School
- 1.8km to Market Square
Well presented, this brick two-level home occupies a large 728sqm block with an
easy front yard to maintain and plenty of room to expand out the back. It has an
elevated outdoor deck area that flows to a large, fenced garden. STCA, a granny flat
could be added providing either an income stream and capital growth down the line
or a much-needed solution for your changing family dynamic.
A tidy and shaded porch offers a private entrance via double-doors that takes you
into a large foyer and connects to a cool and comfortable downstairs zone which
includes a massive multi purpose room / living area – the perfect kids retreat, studio set up or extra lounge, it includes a built-in shelf and direct garden access to the paved patio.
A handy WC on this level, plus the laundry and storage room.
Head upstairs to the neatly designed main level where you'll find generous open-
plan lounge and dining space with air conditioning, fans and curtains. With solid
bones, the home can be refreshed easily and given a new lease of life. The simple
kitchen has a practical design that includes quality cabinetry providing good storage
and working appliances. Overall, this area could be modernised with paint, new
flooring and by upgrading the kitchen to enhance the living enjoyment.
There are three bedrooms on the upper level which all feature built-in robes for
storage and ceiling fans for summer comfort. Windows have added security bars
and there are security screens throughout. A shared bathroom is a good size with
separate WC and is where a renovation would see added value.
Other features include:
- Air conditioning
- Internal laundry
- Wide driveway and side access
- Back deck & front porch
- Water tank
- Tandem lock up garage
Whether you're seeking a rental property that is guaranteed to return a handsome
yield or are seeking a solid home in a great location to live in, this house has endless
potential and is a must for an inspection and consideration by any serious buyer.
For all enquiries please contact John Karalis on 0421 242 587 or Angelo Karalis on 0421 242 645.
Listing description written by John Karalis, Karalis Real Estate — reproduced as published, not verified by Districts.