Springwood at a glance
10,231
People
$1,235,000
Median sale
$690/wk
Median rent
2.91%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
QLD › Springwood › Lenore Cres
$1,080,000
Last sold
21 May 2025
3
Bedrooms
2
Bathrooms
6
Car spaces
604 m²
Land
379 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
$1,080,000
21 May 2025 · derived via latest_sale
Local land rate: recorded House sales in Springwood (last 5 years) with land size have a median of $1,489/m² of land (n=105). Districts calculation from recorded sales — not a valuation.
Springwood at a glance
10,231
People
$1,235,000
Median sale
$690/wk
Median rent
2.91%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
Vs Springwood
-12.6%
Median sale
Suburb $1,235,000
+0.41 pp
Gross yield
Suburb 2.91%
Suburb median $1,235,000 from 65 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 $690/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
Springwood at a glance
10,231
People
$1,235,000
Median sale
$690/wk
Median rent
2.91%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Springwood & Shailer ParkCALL JOHNSON & LINDSAY AND START REGISTERING NOW!
IN-ROOM BIDDING REGISTRATION ON 21 MAY WED @ 5PM
AUCTION STARTS @ 5.30PM
ASK FOR YOUR FREE PEST BUILDING REPORT
This 'maximum usage' home spans two levels and is set in the heart of Springwood's CBD. With 3 bedrooms, 2 bathrooms and parking for multiple vehicles (6 plus!), it also has special zoning considerations for expansion as well as dual living potential, so is ideal for families, but also savvy investors.
A double brick exterior will maximise insulation and minimise noise, and two storeys allows for family living upstairs, and extended family or guests downstairs. The block also has low/medium density zoning so you can renovate or up-size. When we say up-size, we mean up to 18 metres high, which offers investors potential approval for an apartment build (*ask us for an information memorandum email regarding the zoning of this block).
Its location is also amazing as it is part of the burgeoning Springwood CBD, surrounded by schools (including JPC), and mid-way between the Brisbane CBD and the Gold Coast. The Springwood Busway offers an easy commute to work, and the area's retail centres, parklands, and restaurants means it's the perfect spot to live and play.
Stand-out features at the front of the home include terraced landscaped gardens, high privacy fencing, as well as parking for multiple vehicles. This includes in the 2-car garage (currently a living space), in the gated carport, or on the undercover driveway which will house up to 6 cars or 2 caravans - yes, it's that big! A front patio will allow for more parking or could become a quiet spot for a downstairs morning coffee as you prep for work.
Interiors on the ground floor include living and sleeping areas and a bathroom. There is also the double garage space which includes a laundry (so plumbing is already installed). This is where a renovation could transform this level into a guest or elderly parent's retreat, an Airbnb, or a separate dwelling for rental tenants.
Heading up the stunning timber staircase, this area opens up with polished hardwood floors and a cosy living area with ceiling fans and air conditioning for year-round comfort. Through a beautiful arched entranceway is an intimate dining room which sits adjacent to the kitchen. It features Caeserstone benchtops, slate-look flooring, a built-in pantry, stylish timber cabinetry, a unique breakfast bar, and a top-of-the-range 110mm wide Falcon Toledo cooktop with five gas burners, two ovens, and an induction cooktop. Cook's will be in culinary heaven!
Onto the 3 bedrooms and more of those glorious timber floors. These light-filled spaces all have ceiling fans and built-ins, including the sizeable master. A separate toilet and a renovated bathroom with a modern vanity, shower and soaking tub complete this level's interiors.
As you make your way out to the massive timber deck (which is off the living areas), you'll have idyllic views of the palm-edged backyard. This is a lovely spot for formal entertaining and has lots of room for all the BBQ essentials. Downstairs, there is a storage shed, a water tank for the gardens, a grassy patch for the kids and their pooch, and another undercover dining area perfect for more casual dining or marshmallows by the fire pit.
Location-wise, it is close to retail centres including Springwood Shopping Mall, Arndale Shopping Centre, and IKEA, childcare including Springwood Kids Early Learning Centre, and schools including John Paul College, Springwood Central State School, Springwood Road State School and Springwood State High School. It is also surrounded by parks, including the 36-hectare Springwood Conservation Park, and is an easy commute to the CBD or a day trip to the Gold Coast.
For a sprawling home with potential plus in its current zoning and future plans in the Springwood CBD pocket, be sure not to miss the next open home, make your offer and turn your dreams into reality. Hurry!
Disclaimer: All information contained herewith, including but not limited to the general property description, price and the address, is provided to Ray White Springwood & Shailer Park by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy.
Listing description written by Johnson Teo, Ray White Springwood & Shailer Park — reproduced as published, not verified by Districts.