Macgregor at a glance
7,063
People
$1,444,000
Median sale
$696/wk
Median rent
2.51%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
QLD › Macgregor › Cervantes St
$1,956,000
Last sold
8 Sept 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
928 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
$1,956,000
8 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Macgregor (last 5 years) with land size have a median of $2,213/m² of land (n=64). Districts calculation from recorded sales — not a valuation.
Macgregor at a glance
7,063
People
$1,444,000
Median sale
$696/wk
Median rent
2.51%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Macgregor
+35.5%
Median sale
Suburb $1,444,000
-0.66 pp
Gross yield
Suburb 2.51%
Suburb median $1,444,000 from 20 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
UnknownArea
Macgregor at a glance
7,063
People
$1,444,000
Median sale
$696/wk
Median rent
2.51%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Smith & LiSmith and Li are very proud to present this very rare opportunity to secure this expansive family home on 928m2 of North-facing, prime real estate in Macgregor.
Whether you are an owner occupier looking to modernise the home for your family, or an investor looking to capitalise on a strong rental and capital gains market, buyers will be impressed by the solid, double brick home, which comes with a building and pest inspection to give you full confidence.
For those looking for a development opportunity, you simply can’t go past the massive 928m2 rectangular block with 33m frontage, in one of the most highly sought-after suburbs in Brisbane currently experiencing a 25.7% growth in the last 12 months.
Take the 3D tour to discover:
Upstairs:
3 bedrooms, including main bedroom with walk-in-robe
Main bathroom
Kitchen serving the dining area and massive living area
Large north-facing entertaining balcony
Downstairs:
Just under legal height but home to a large living area
Additional 3 rooms, great for office space or spare room
Fully renovated bathroom
Double lock-up garage
Heaps of extra storage.
Outside:
Large inground pool with pool cover
Solar heating
Solar panels
Large entertaining and BBQ area
Established gardens and fruit trees
Location:
15 mins from the CBD
Walk to transport, including express city bus
Only a few minutes to Griffith University and QEII Hospital, and Westfield Garden City
5 minute walk to 3 x Sunnybank shopping centres with their array of the finest Asian cuisine and restaurants in Brisbane.
5 minute walk to Macgregor State School, Macgregor State High School
5 minute walk to Sunnybank Private Hospital, Nissan Arena and QSAC
Don’t miss out on what could be your last opportunity to pick up a block of this size in Macgregor. Contact Jon and Sandy to stake your claim in your financial future today.
To view the auction live online or register to bid, please go to https://widget.auctionslive.com/widget/auctions/view/191277/9DOA
Listing description written by Jon Smith, Smith & Li — reproduced as published, not verified by Districts.
Nearby 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.