Springfield Lakes at a glance
18,857
People
$982,500
Median sale
$696/wk
Median rent
3.68%
Suburb gross yield
Median sale from 136 recorded sales (last 12 months) — a Districts calculation.
QLD › Springfield Lakes › Driftwood Pl
$848,000
Last sold
17 June 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
400 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
$848,000
17 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Springfield Lakes (last 5 years) with land size have a median of $2,339/m² of land (n=162). Districts calculation from recorded sales — not a valuation.
Springfield Lakes at a glance
18,857
People
$982,500
Median sale
$696/wk
Median rent
3.68%
Suburb gross yield
Median sale from 136 recorded sales (last 12 months) — a Districts calculation.
Vs Springfield Lakes
-13.7%
Median sale
Suburb $982,500
+0.59 pp
Gross yield
Suburb 3.68%
Suburb median $982,500 from 136 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
Springfield Lakes at a glance
18,857
People
$982,500
Median sale
$696/wk
Median rent
3.68%
Suburb gross yield
Median sale from 136 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RealWay EdgePerfectly positioned on an elevated 400sqm block, 16 Driftwood Place blends contemporary comfort with everyday convenience in one of Springfield Lakes' most desirable pockets.
Thoughtfully updated and beautifully presented, this family-friendly home offers four generous bedrooms, including a serene master suite with a stylish ensuite. Multiple living zones provide space for both connection and quiet, while the sleek, modern kitchen forms the warm, welcoming heart of the home. Step outside and you'll find a seamless transition to a covered alfresco area—ideal for relaxed weekend entertaining or peaceful evenings at home. The low-maintenance backyard is secure and private, with plenty of room for the kids or pets to play.
With features like Crimsafe security, plantation shutters, and a timeless neutral palette throughout, this is a home where quality meets lifestyle.
Located just minutes from Springfield Central Station, Orion Shopping Centre, local schools, and the Mater Hospital, this is an exceptional opportunity for families or investors looking to secure a prime piece of Springfield Lakes.
Property Features:
• 4 generous bedrooms, master with walk-in robe, ensuite & air-conditioning
• 2 fully renovated modern bathrooms with quality finishes
• Open-plan tiled living and dining with air-conditioning
• Separate second living/media room
• Brand new kitchen with Westinghouse appliances & Bosch dishwasher
• New carpets, tiles, LED dimmable lighting & ceiling fans with remotes
• Crimsafe security screens, flyscreens & plantation shutters throughout
• Covered outdoor tiled alfresco area for entertaining
• Large double lock-up garage with storage
• Water tank connected to laundry & toilets
• New hot water system (Rinnai)
• Fully fenced, low-maintenance backyard
• 400sqm elevated block in a quiet street
Property Location:
• 6 minutes' drive to Springfield Central State and High Schools
• 6 minutes to Orion Springfield Central Shopping Centre
• 7 minutes to Robelle Domain and Lagoon
• 5 minutes to Mater Private Hospital Springfield
• 7 minutes to Springfield Central Train Station
*all distances are approximate*
Please register your interest with Amar Billabati 0460111555 or Vani Kumbala 0460612555 to discuss more in detail.
Talk to us about our mortgage & finance service. Take advantage of our complimentary in-house finance check for all buyers considering a purchase.
Disclaimer: Information provided by RealWay edge, its employees and related parties is a general outline for the guidance of intending purchasers or tenants and does not constitute in whole or in part an offer or a Contract. Reasonable endeavors have been made to ensure that the information given is materially correct, but any intending purchaser or tenant should satisfy themselves by inspection, searches, enquiries, and survey as to the correctness of each statement. We recommend that you obtain financial, legal and taxation advice before making any decision.
Listing description written by Ravi Singh, RealWay Edge — reproduced as published, not verified by Districts.