Holland Park West at a glance
6,831
People
$1,570,000
Median sale
$678/wk
Median rent
2.25%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
QLD › Holland Park West › Megalong St
3
Bedrooms
1
Bathrooms
1
Car spaces
620 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Holland Park West (last 5 years) with land size have a median of $2,249/m² of land (n=98). Districts calculation from recorded sales — not a valuation.
Holland Park West at a glance
6,831
People
$1,570,000
Median sale
$678/wk
Median rent
2.25%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
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 $678/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
Holland Park West at a glance
6,831
People
$1,570,000
Median sale
$678/wk
Median rent
2.25%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Holland ParkThis charming home has been within the same family for almost 30 years & now it is time to change hands! Occupying a generous parcel of land on 620sqm with a 15m frontage, 16 Megalong Street is the perfect location for your next project, renovation or investment!
Located in a quiet street, the home offers a very functional floorplan with 3 bedrooms, central bathroom, formal dining room & plenty of potential. The property has been very well-maintained to a high standard & whilst the interior is dated, the home is ready to move into straight away so you can start adding your own touch.
As you enter the home you will be greeted by a generously sized formal living area with plenty of natural light, air-conditioning & a homely feel. This entire area is currently carpeted however underneath this you will find gorgeous, high-quality hardwood timber floors. Sanding back & polishing these floors will give the home an instant refresh & more modern appeal.
The master bedroom is oversized with air-conditioning & huge built-in-robes. The other 2 bedrooms on this level are well-sized. The home also features a formal dining room which is rare in post-war properties of this era. The main bathroom is centrally located with a bath/shower combo & also a separate toilet.Downstairs you will find a 2nd toilet, a great sized multi-purpose room that could be used as a 4th bedroom, rumpus or perhaps just another area for storage. The home comes equipped with a single lock-up garage & an abundance of storage space.
The gardens have been well maintained & the block is so usable with a gentle slope from the street - the home is exuding charm & potential! A perfect spot to build a new home, extend & renovate the existing property or simply land bank in this high capital growth suburb so close to everything!
Perfecting an enviable blend of style, functionality & exceptional convenience, this appealing family home is located close to quality schools, public transport options, local shopping precincts, Greenslopes hospital, PA hospital & offers easy access to major arterial roads & the M1 all within just 6 kms of Brisbane's CBD.
Homes in this area are tightly held, so act fast as this great opportunity will not last long. Call Sim Gill on 0405 122 289 today for more information or to arrange a viewing!
Listing description written by Sim Gill, Ray White Holland Park — reproduced as published, not verified by Districts.
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