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QLD › Willow Vale › Waterhouse Dr

15 Waterhouse Dr, Willow Vale QLD 4209

House

$641,000

Last sold

22 Aug 2023

3

Bedrooms

2

Bathrooms

2

Car spaces

418 m²

Land

131 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $641,000 (22 Aug 2023).(Recorded sale)
  • CalculationRecorded House sales in Willow Vale (last 5 years) with land size: median $1,443/m² of land (n=69). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Medium density residential (Medium density residential) under the City Plan.(City of Gold Coast · 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

What this lot has actually traded at

Last sold

$641,000

22 Aug 2023 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Local land rate: recorded House sales in Willow Vale (last 5 years) with land size have a median of $1,443/m² of land (n=69). Districts calculation from recorded sales — not a valuation.

Willow Vale at a glance

2,651

People

$1,800,000

Median sale

$752/wk

Median rent

2.17%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Willow Vale report →

Vs Willow Vale

-64.4%

Median sale

Suburb $1,800,000

+3.93 pp

Gross yield

Suburb 2.17%

Suburb median $1,800,000 from 10 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

City Plan

Zone

Medium density residential

Medium density residential

Jurisdiction

City of Gold Coast

Gold Coast, QLD

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: City of Gold Coast
  • Dataset: City Plan V13 Zone
  • Retrieved: 31 Aug 2026
  • Version: 13
  • Parcel: 212SP240146

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

20222023$559k$641k
  • Sold (recorded)
  1. Soldprice unknown25 Aug 2025
  2. Listedprice unknowncompleted19 Aug 2025
  3. Listedprice unknowncompleted19 Aug 2025
  4. Sold$641,00022 Aug 2023
  5. Listedprice unknowncompleted9 Aug 2023
  6. Listedprice unknowncompleted9 Aug 2023
  7. Sold$559,0005 Jan 2022
  8. Listedprice unknowncompleted3 Jan 2022
  9. Listedprice unknowncompleted3 Jan 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 Medium density residential (City Plan). Official parcel area about 420 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 $752/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

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

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 Medium density residential (City Plan). Official parcel area about 420 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

Willow Vale in one glance

Willow Vale at a glance

2,651

People

$1,800,000

Median sale

$752/wk

Median rent

2.17%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Willow Vale report →

Keep researching

  • Why Willow Vale? Read the area thesis →
  • What else is on the market in Willow Vale →
  • Other records on Waterhouse Dr →

Listing material

Listed by LJ Hooker Southport

Stylish Single-Level Living in Waverley Park Estate � Owners Purchased Elsewhere

Auction Location: On-Site

Having purchased elsewhere, the owners are committed to selling and have launched a short auction campaign. They are motivated to secure a result and will consider offers prior to auction.

Loved and well-maintained as their family home, this property offers easy living and presents the perfect entry into the market, smart investment or low-maintenance lifestyle choice. The owners are upgrading for their next chapter, creating an opportunity for a new buyer to enjoy this much-loved home.

Read the full description

Positioned within the highly sought-after Waverley Park Estate, residents enjoy quiet streets, leafy surrounds and open parklands in a family-friendly community. Combining modern design with low-maintenance living, this single-level brick and tile residence also delivers convenience � with quick access to local schools, shops, Pimpama City Shopping Centre, the M1 motorway and all that the Northern Gold Coast and Southeast Queensland have to offer.

The Property Features:

� 3 well-sized bedrooms, all with built-in wardrobes

� Private master with ensuite

� Light-filled open plan living and dining flowing outdoors

� Modern kitchen with gas cooking, stainless steel appliances and dishwasher

� High end Ubiquiti Security Camera system

� Updated LED Lights throughout

� Fully fenced rear yard with covered alfresco, fire pit, garden shed and space for kids or pets

� Family bathroom with separate shower and bathtub

� Comfort assured with air-conditioning, ceiling fans and gas hot water

� Double lock-up garage with internal access

� Low maintenance 418m� block

The Location:

� Peaceful Waverley Park Estate with open parklands and a welcoming community feel

� 5 minutes to local schools, shops and the M1 motorway

� Close to Coomera Town Centre & Pimpama City Shopping Centre for shopping, dining and transport facilities

� Convenient access to theme parks, sporting grounds and leisure options

� Approximately 30 minutes to Surfers Paradise and 35 minutes to Brisbane

Auction � Unless Sold Prior

Contact us today to arrange your inspection.

Listing description written by Alex McCormack, LJ Hooker Southport — reproduced as published, not verified by Districts.

Districts

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

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