Crestmead at a glance
12,841
People
$863,500
Median sale
$591/wk
Median rent
3.56%
Suburb gross yield
Median sale from 78 recorded sales (last 12 months) — a Districts calculation.
QLD › Crestmead › Lorikeet Way
$550,000
Last sold
6 Feb 2023
4
Bedrooms
2
Bathrooms
3
Car spaces
581 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
$550,000
6 Feb 2023 · derived via latest_sale
Local land rate: recorded House sales in Crestmead (last 5 years) with land size have a median of $1,000/m² of land (n=153). Districts calculation from recorded sales — not a valuation.
Crestmead at a glance
12,841
People
$863,500
Median sale
$591/wk
Median rent
3.56%
Suburb gross yield
Median sale from 78 recorded sales (last 12 months) — a Districts calculation.
Vs Crestmead
-36.3%
Median sale
Suburb $863,500
+2.03 pp
Gross yield
Suburb 3.56%
Suburb median $863,500 from 78 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 $591/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
Crestmead at a glance
12,841
People
$863,500
Median sale
$591/wk
Median rent
3.56%
Suburb gross yield
Median sale from 78 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Marsden AKGA wonderful home you do not want to miss out on, ensure you put 17 Lorikeet Way on top of your must inspect list as this could possibly be the one you have been waiting for!
The ultimate in family living in a highly sought after location, this family home is generous in size with an amazing floorplan that is practical where each room flows effortlessly into the next. There are 4 bedrooms, 2 bathrooms, spacious living and dining spaces as well as gourmet kitchen with quality fittings and fixtures throughout.
Positioned in a great handy location near schools, shops and transportation, there's plenty of room for kids and pets to play safely with the bonus of Balinese style feature hut at the front of the home and sitting on a low maintenance 581m2 block with triple garage and completely private with full fencing.
A rare opportunity to secure a fantastic property in the heart of Crestmead is available now so do not delay as this incredible home will be very popular, please ensure you check our open home schedule or make contact to arrange your private inspection before it is sold at auction scheduled for 4th February 2023 unless sold prior.
17 Lorikeet Way, Crestmead features at a glance:
4 great sized bedrooms all with built in wardrobes and ceiling fans
2 bathrooms (master with ensuite)
Separate lounge room
Great open plan kitchen with dishwasher
Combined family and dining spaces
Triple remote garage
Security screens and doors
Full entertaining patio
Internal laundry
New carpets throughout
Air conditioning
Ceiling fans throughout
Recently repainted throughout
Well maintained property throughout
Close to schools, shops and transportation
Low maintenance gardens on a 581m2 allotment
Listing description written by Jess Nguyen, Ray White Marsden AKG — reproduced as published, not verified by Districts.