Meringandan West at a glance
3,256
People
$886,500
Median sale
$661/wk
Median rent
3.88%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
QLD › Meringandan West › Willis Rd
$795,000
Last sold
11 Nov 2022
3
Bedrooms
3
Bathrooms
5
Car spaces
26,911.595 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
$795,000
11 Nov 2022 · derived via latest_sale
Local land rate: recorded House sales in Meringandan West (last 5 years) with land size have a median of $304/m² of land (n=87). Districts calculation from recorded sales — not a valuation.
Meringandan West at a glance
3,256
People
$886,500
Median sale
$661/wk
Median rent
3.88%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Meringandan West
-10.3%
Median sale
Suburb $886,500
+0.44 pp
Gross yield
Suburb 3.88%
Suburb median $886,500 from 40 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 $661/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
Meringandan West at a glance
3,256
People
$886,500
Median sale
$661/wk
Median rent
3.88%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by NGU Real Estate ToowoombaWelcome to 150 Willis Road in Meringandan West, perched on an elevated 5-acre allotment with the Meringandan Creek bordering the property at the rear. When purchasing real estate, lifestyle is often a driving factor – Willis Road offers 4 stables, 3 fenced paddocks, large, powered shed and an ultra-impressive 3-bedroom homestead, brilliantly renovated and truly captivating. You won't find a lifestyle property much better.
The home itself offers:
- Three bedrooms, all able to accommodate king suites, the master boasting a large walk in wardrobe and ensuite.
- Two bathrooms, the family bathroom boasting a large free standing bath with shower above and spectacular stained glass windows throughout.
- 9mx6m powered shed with a 6mx6m attached carport to the side and another 6mx3m carport to the front. The shed has a small bathroom with toilet and shower and built in bar with sink. (The perfect man cave)
- North/East facing rear deck overlooking your back paddocks, stables and creek.
- The North facing sunroom is your perfect morning coffee spot. Completely enclosed with glass windows allowing the morning warmth to filtrate through. There is also access to your front verandah from the sunroom, the front verandah is fully enclosed with fly screens.
- Reverse cycle air-conditioning in living and dining
- 3.5m high ceilings throughout
- Pressed metal ceilings in the living and dining rooms
- Polished timber floorboards throughout
- Two 5,000 Gallon tanks plumbed to house & town water to the property
- Four horse stables & three fully fenced paddocks
* Rates: $862,23 Per half year
* Water Rates: $349.94 Per half year
* Building & Pest Inspection available upon request
The kitchen is located at the heart of the home and seamlessly flows to the dining space and through French doors to your rear deck. The kitchen boasts a large freestanding ILVE oven with a gas cooktop, loads of storage and a generous island bench. The entire kitchen and dining areas are completely smothered in natural light and features reverse cycle air conditioning for added year round comfort.
Constructed over a century ago the homestead was originally located in Mount Lofty and later shifted to the Meringandan region. The current owners have stylishly given this country beauty a face lift whilst encompassing all of the charm from a century ago.
The soaring 3.5m ceilings throughout, large timber floor boards and of course the pressed metal ceiling in the living spaces are magnificent - be ready to fall in love!
The home is set for Public Auction on the 8th of October unless sold prior.
For any enquiries please contact Matt Hawkins on 0423 120 232 or send your enquires to matt.hawkins@ngurealestate.com.au
Listing description written by Matt Hawkins, NGU Real Estate Toowoomba — reproduced as published, not verified by Districts.