Drewvale at a glance
4,959
People
$1,200,000
Median sale
$750/wk
Median rent
3.25%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
QLD › Drewvale › Mcmillan St
$670,000
Last sold
5 Mar 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
774 m²
Land
240 m²
Building
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
$670,000
5 Mar 2021 · derived via latest_sale
Local land rate: recorded House sales in Drewvale (last 5 years) with land size have a median of $1,574/m² of land (n=119). Districts calculation from recorded sales — not a valuation.
Drewvale at a glance
4,959
People
$1,200,000
Median sale
$750/wk
Median rent
3.25%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs Drewvale
-44.2%
Median sale
Suburb $1,200,000
+2.57 pp
Gross yield
Suburb 3.25%
Suburb median $1,200,000 from 29 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 $750/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
Drewvale at a glance
4,959
People
$1,200,000
Median sale
$750/wk
Median rent
3.25%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Avenue PropertyALL PROPERTIES GROUP / CHRIS GILMOUR SOLD...
Delivering wonderful street appeal with tidy and low maintenance landscaping, you will be impressed from the moment you approach this spacious family home. Set in a tightly held enclave in Drewvale, premium location and quality of living combine to deliver an unmissable contemporary family lifestyle.
Combining a neutral colour palette, splashes of cooling blue and natural elements throughout, this elegant residence delivers a warm and inviting atmosphere throughout its expansive floorplan. Offering multiple living and entertaining areas encasing a spacious kitchen, the meticulous design has provided the ultimate lifestyle who love to entertain, all contained on one single storey level.
The kitchen is executed to perfection, panoramically serving the dining, family and living areas providing a welcoming hub to the home, with ample preparation space and a breakfast bar doubling as servery for family meals. Effortlessly flowing into the dining and living, multiple light sources flood the living area with beautiful natural light, enhancing the already impressively proportioned floorplan. Opening onto the outdoor entertaining area with pavilion, enjoy the opportunity to relax
and unwind with family and friends or enjoy an evening meal with spectacular breezes and ample room for children to play whilst parents mingle. Plus, with a huge shed with side access, there is plenty of room for the beloved project car, boat or caravan!
The master bedroom is a private sanctuary, positioned at the front of the home and featuring a large and light filled ensuite, plus a very spacious walk in robe for all those fashion statement pieces and more! The three additional spacious bedrooms feature, offering privacy to the master suite. Well sized and featuring built in robes and ceiling fans they are well equipped for the needs of a growing
family. Serviced by a well-appointed bathroom including full bath, the floorplan of this home is a credit to the architect delivering the very best in functional and stylish family living.
Positioned in the highly desirable suburb of Drewvale, this home is perfectly positioned for family lifestyle and living demands. Set on a beautifully leafy street close to parkland, shopping precincts and falling in the Stretton State College catchment, there is truly no better location to raise a family. Plus with ample public transport there is endless options with bus routes to other prestigious schools or to provide a short commute to the city.
Contact us today for your exclusive viewing.
Features include:
-Spacious Master with light filled ensuite, enviably sized walk in robe, air conditioning
-Three additional spacious bedrooms with ceiling fans, built in robes
-Spacious family plus living area
-Modern kitchen with quality appliances, ample storage and bench space
-Family sized bathroom with bath and shower
-Large concrete outdoor entertaining pavillion
-Double lock up garage
-6x6 Shed with side access direct to it
-Secure fully fenced 774m2 block
Disclaimer:
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Chris Gilmour, Avenue Property — reproduced as published, not verified by Districts.