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QLD › Drewvale › Macquarie Way

169 Macquarie Way, Drewvale QLD 4116

House

$555,000

Last sold

25 Feb 2021

4

Bedrooms

2

Bathrooms

2

Car spaces

588 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $555,000 (25 Feb 2021).(Recorded sale)
  • FactLand 588 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Drewvale (last 5 years) with land size: median $1,574/m² of land (n=119). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Low density residential (LDR) under the Brisbane City Plan 2014.(Brisbane City Council · 31 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$555,000

25 Feb 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

$1,205,000

Median sale

$750/wk

Median rent

3.24%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Drewvale report →

Vs Drewvale

-53.9%

Median sale

Suburb $1,205,000

+3.79 pp

Gross yield

Suburb 3.24%

Suburb median $1,205,000 from 28 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Brisbane City Plan 2014

Zone

Low density residential

LDR

Jurisdiction

Brisbane City Council

Brisbane, QLD

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: Brisbane City Council
  • Dataset: City Plan 2014 Zoning
  • Retrieved: 31 Aug 2026
  • Version: 2014
  • Parcel: 335SP198673

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$555,00025 Feb 2021
  2. Listedprice unknowncompleted10 Jan 2021
  3. Listedprice unknowncompleted10 Jan 2021

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 591 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 591 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Drewvale in one glance

Drewvale at a glance

4,959

People

$1,205,000

Median sale

$750/wk

Median rent

3.24%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Drewvale report →

Keep researching

  • Why Drewvale? Read the area thesis →
  • What else is on the market in Drewvale →
  • Other records on Macquarie Way →

Listing material

Listed by Avenue Property

SOLD BY CHRIS GILMOUR 0438 632 459

ALL PROPERTIES GROUP / CHRIS GILMOUR SOLD 0438 632 459

A perfect blend of timeless design and family friendly living, this impeccably presented home offers a wonderful lifestyle, perfect for first homeowners, families and investors alike. Featuring a flexible floorplan and quality finishes throughout, it is bathed in natural light, capturing glorious breezes from its elevated position.

Spoilt for choice with dedicated areas for unwinding or entertaining, it features both a large family room and a living room that open to an alfresco dining area. Elegantly tiled and showcasing a coffered ceiling, it offers an elegant location for friends and family to gather and share a BBQ, whilst the children play in the fully fenced yard, enjoy the family game of cricket, or take in the exquisite sunsets with a glass of wine to complement the day.

Read the full description

A sleek kitchen with quality appliances and ample bench space provides the heart of the home, the adjacent dining area a perfect place to congregate and catch up with family or friends. Offering the timeless elegance of neutral cabinetry, coupled with a nature- inspired colour palette that's utilised throughout the home, you'll enjoy the tranquil and inviting ambience that is created through subtle selections and quality fixtures.

The master suite is a spacious sanctuary and features a well-presented ensuite, in addition to offering ample wardrobe space for all those fashion staples. Three additional bedrooms complement this family orientated design, featuring built in robes and ceiling fans and serviced by a large family bathroom with both bath and shower to cater for families of all ages.

Positioned in the desirable suburb of Drewvale and in the highly sought-after Stretton catchment, this home is perfectly positioned for family lifestyle and living demands. Set on a beautifully leafy street close to parkland, shopping precincts and falls within the Stretton State College catchment. With ample public transport options there are endless options for your commute, including bus routes to other prestigious schools or a convenient transit to the city.

Features include:

-Spacious master suite with ensuite and ample wardrobe space

-Three additional roomy bedrooms with built-in robes

-Open plan design with two living areas

-Outdoor tiled alfresco with fully fenced yard

-Modern kitchen with ample bench and storage space, quality stainless steel appliances

-Family bathroom with shower and bath, sperate toilet

-Ideally situated in the Stretton State College catchment

-Air conditioning, security screens

-5000L water tank

-588m2 elevated block

-Mountain views

This home offers aspiring families all they need but get in quick as listings like this don't remain available for long.

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.

Property features

  • Air Conditioning
  • Built-in Robes
  • Ensuites: 1
  • Living Areas: 3
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.