Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

QLD › Greenbank › Teal Circuit

15 Teal Circuit, Greenbank QLD 4124

For saleHouse

$1,100,000

For sale

Asking

$760,000

Last sold

6 July 2022

4

Bedrooms

2

Bathrooms

2

Car spaces

420 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,100,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,100,000(Listing record · 30 June 2026)
  • CalculationRecorded House sales in Greenbank (last 5 years) with land size: median $2,185/m² of land (n=145). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 3% above the Greenbank median recorded sale ($1,063,000, n=125, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Greenbank's advertised median rent ($656/wk), implied gross yield would be 3.10% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • FactZoned Priority Development Area (Priority Development Area) under the Logan Planning Scheme 2015.(Logan City Council · 31 Aug 2026)

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. 1No 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

The ask against the evidence

Asking

$1,100,000

Asking · $2,619/m² of land

Last recorded sale $760,000 (6 July 2022).

Local land rate: recorded House sales in Greenbank (last 5 years) with land size have a median of $2,185/m² of land (n=145). Districts calculation from recorded sales — not a valuation.

Greenbank at a glance

15,350

People

$1,063,000

Median sale

$656/wk

Median rent

3.21%

Suburb gross yield

Median sale from 125 recorded sales (last 12 months) — a Districts calculation.

See the full Greenbank report →

Vs Greenbank

+3.5%

Median sale

Suburb $1,063,000

-0.11 pp

Gross yield

Suburb 3.21%

Suburb median $1,063,000 from 125 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,100,000
Stamp Duty (Queensland)
$43,775
Transfer/Registration Fee
$4,532
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,152,007

$52,007 on top of the price (4.7% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Greenbank's advertised median rent — not a rent for this listing.

Net yield
1.60%
Annual cashflow (pre-tax)
$-39,588
Interest cover (DSCR)
0.31
Annual rent
$34,112
Operating expenses
$16,500
Loan amount
$880,000
Annual interest
$57,200
Gross yield
3.10%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning scheme

Logan Planning Scheme 2015

Zone

Priority Development Area

Priority Development Area

Jurisdiction

Logan City Council

Logan, QLD

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: Logan City Council
  • Dataset: Logan Planning Scheme 2015 Zone map
  • Retrieved: 31 Aug 2026
  • Version: 9.2
  • Parcel: 1125SP300873

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

202220242026$760k$1.1m
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$1,100,000available30 June 2026
  2. Sold$760,0006 July 2022
  3. Listedprice unknowncompleted30 June 2022
  4. Listedprice unknowncompleted30 June 2022

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?

Confidence: medium

Zoned Priority Development Area (Logan Planning Scheme 2015). Official parcel area about 422 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $656/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

Gross yield if leased at the suburb aggregate is 3.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Priority Development Area (Logan Planning Scheme 2015). Official parcel area about 422 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

    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?

    Knownmedium

    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

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Greenbank in one glance

Greenbank at a glance

15,350

People

$1,063,000

Median sale

$656/wk

Median rent

3.21%

Suburb gross yield

Median sale from 125 recorded sales (last 12 months) — a Districts calculation.

See the full Greenbank report →

Keep researching

  • Why Greenbank? Read the area thesis →
  • What else is on the market in Greenbank →
  • Other records on Teal Circuit →

Listing material

Listed by Ray White AKG & Daisy Hill

Built For Family, Designed For Life

The Eliza Rees Team proudly presents 15 Teal Circuit, Greenbank. A beautiful family home located in the highly sought-after Everleigh Estate in one of the quietest yet most popular streets of the estate. Set on a spacious yet easy to maintenance 420m² block, this beautifully crafted residence spans 205m² under roof & 2590mm ceilings, creating an immediate sense of light, space & sophistication. The home was truly designed with families in mind showcasing four spacious bedrooms, thoughtfully positioned for comfort & privacy. The master suite is a true retreat, complete with a walk-in robe & private ensuite. Three more bedrooms with built-in robes & are serviced by a sleek central bathroom.

Comprising all the modern touches, you'll immediately fall in love with the openness of this home with little maintenance required in the yard. Offering an unbeatable combination of style, comfort & convenience. The features of this home are sure to impress from the quality flooring, to the open planned living & luxury kitchen with a walk in pantry & second living space.

This home has been loved & cared for so well it feels brand new. If you are looking for an established home in a growing & popular estate of Greenbank this is the one for you. With a near new feeling, you will appreciate all that is on offer & love to call this house a home. To make this all yours, contact Eliza Rees today on 0422 335 676

Read the full description

Features to Love:

| Ceiling height 2590mm

| Whitewash solid wooden door - 1200mm wide

| Steel framed

| Anticon insulation

| Pendant lights

| Skylight

| Plantation shutters in master with block-out curtains

| Large walk in pantry

| Fridge plumbing installed

| S fold sheers & block out curtains

| Security screens & doors

| Floating bathroom cabinetry

| Stand alone bath

| Second living space

| Fans throughout plus under the alfresco

| Lush carpet in bedrooms

| Tiles throughout

| Motorised blinds

| Picture window in lounge room

| Air conditioning unit in master room & living room

| Blinds on the bedroom windows

| Double sliding doors to the alfresco

| Painted back fences

| Extra, small gate on the side

| Side access for trailer

| Extra built in storage in the garage

| Solar system

| Fully fenced 420sqm block

'Everleigh by Mirvac' is a master planned community with happy like-minded residents, a highly popular place to be, the locals love to live here. Close to absolutely everything with more growth to come, this desired location is only just in its beginning stages. With land selling within minutes of being released in Everleigh, this opportunity will not last. Everleigh offers extensive green spaces, manicured landscaping, no body corporate fees & a free community events calendar. Newly built Everleigh State School is now open. 5.5HA AFL Oval is now complete with its very own cafe 'The Eve' now open & a new onsite shopping centre is coming soon. More can be read about Everleigh by clicking on the external link - https://everleigh.mirvac.com/

Specifications

Council: Logan City Council

Build Finish: July 2020

Builder: Coral Homes

Land: 420m2

Home: 203m2

Rental Appraisal: $830 - $860 per week

Great rental yields are achieved in Greenbank, one of the best areas to invest in, a rental income superstar.

Register your interest & offer here or via the external link: https://prop.ps/l/kH85rpbhrpwV

Buying | Selling | Renting

Contact your Greenbank #1 Resident Agent & Suburb Specialist, Eliza Rees today for all your property needs on 0422335676 or by clicking on the external link - https://elizarees.raywhite.com/

Listing description written by Eliza Rees, Ray White AKG & Daisy Hill — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Solar Panels
  • Study
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.