Southside at a glance
7,573
People
$825,000
Median sale
$539/wk
Median rent
3.40%
Suburb gross yield
Median sale from 87 recorded sales (last 12 months) — a Districts calculation.
QLD › Southside › Groundwater Rd
$935,000
Last sold
14 Apr 2025
5
Bedrooms
3
Bathrooms
4
Car spaces
2,000 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
$935,000
14 Apr 2025 · derived via latest_sale
Local land rate: recorded House sales in Southside (last 5 years) with land size have a median of $916/m² of land (n=114). Districts calculation from recorded sales — not a valuation.
Southside at a glance
7,573
People
$825,000
Median sale
$539/wk
Median rent
3.40%
Suburb gross yield
Median sale from 87 recorded sales (last 12 months) — a Districts calculation.
Vs Southside
+13.3%
Median sale
Suburb $825,000
-0.40 pp
Gross yield
Suburb 3.40%
Suburb median $825,000 from 87 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 $539/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
Southside at a glance
7,573
People
$825,000
Median sale
$539/wk
Median rent
3.40%
Suburb gross yield
Median sale from 87 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Cherie Carlson Real EstateWelcome to 154 Groundwater Road, Southside a stunning and stylish rendered block home on a spacious 2000m2 flood-free allotment in a highly sought-after location. The outlook of this property is truly stunning with well-established gardens surrounding the home creating peace and privacy.
This large family home comprises of 5 bedrooms and 3 bathrooms, with the master bedroom featuring a large ensuite with spacious shower and wall to wall cupboards. Bedrooms 2 and 3 include built-in-robes, ceiling fan and split system.
The centre of the home features a modern, spacious kitchen with a variety of storage space, wall oven and large fridge space. Adjoining the kitchen is the dining room, office which provides a dedicated space for work or study and the airconditioned living room which opens out to the undercover deck, perfect for seamless indoor/outdoor entertaining.
The large back deck overlooks a fully fenced backyard featuring an array of fruit trees, including mango, mulberry, and various citrus varieties. Additional features include a fully lockable garage under the house, a rendered fully lockable block shed (approximately 7m x 8m) with plenty of space for storage and a workbench, an established low-maintenance garden, and a 5kw solar system.
Under the house is a council approved granny flat complete with a bathroom, kitchenette, and separate access, offering additional living flexibility for the extended family or teenagers.
Conveniently located close to all essential amenities, including shopping centres, schools, and medical centres, this home truly offers the best of Southside living.
Property Features
Upstairs - 4 Bedrooms, 2 Bathrooms
Downstairs - Granny Flat with Separate Access (1 Bedroom, 1 Bathroom, Kitchenette)
Air Conditioning and Ceiling Fans Throughout
3 Living Areas
Large Back Deck
Rendered Block Shed (approx. 7m x 8m)
Fully Fenced Back Yard
Established Low Maintenance Gardens
Dont miss this opportunity to own a stylish, spacious family home with dual living on a 1/2 acre parcel of land.
Contact Cherie today on 0428 834 708 for any additional information or to organise your private viewing.
All the above property information has been supplied to us by the Vendor. We do not accept responsibility for the accuracy of any information. Interested parties should make their own enquiries and seek their own independent advice with respect to the property advertised or the information about the property.
Listing description written by Cherie Carlson, Cherie Carlson Real Estate — reproduced as published, not verified by Districts.