Drewvale at a glance
4,959
People
$1,200,000
Median sale
$750/wk
Median rent
3.25%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
QLD › Drewvale › Waterbrooke Circuit
$1,389,000
Last sold
1 Oct 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
700 m²
Land
366 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
$1,389,000
1 Oct 2023 · derived via latest_sale
Local land rate: recorded House sales in Drewvale (last 5 years) with land size have a median of $1,565/m² of land (n=118). Districts calculation from recorded sales — not a valuation.
Drewvale at a glance
4,959
People
$1,200,000
Median sale
$750/wk
Median rent
3.25%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs Drewvale
+15.8%
Median sale
Suburb $1,200,000
-0.44 pp
Gross yield
Suburb 3.25%
Suburb median $1,200,000 from 29 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 $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.
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
Drewvale at a glance
4,959
People
$1,200,000
Median sale
$750/wk
Median rent
3.25%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Avenue PropertySOLD BY CHRIS GILMOUR 0438 632 459...
17 Waterbrooke Circuit, Drewvale
This grand executive-style residence graces a sprawling 700m2 plot of land in a highly coveted Drewvale enclave. Meticulously designed for entertaining, it seamlessly integrates contemporary indoor and outdoor living. Upon entering through the imposing timber double doors, you'll be greeted by a grand entrance with glossy tiles and an abundance of natural light that infuses sophistication and elegance throughout. The home boasts 4 generously sized bedrooms, with the master suite serving as a luxurious sanctuary. It features a built-in robe, balcony and an opulent ensuite complete with dual stone vanities, a spacious walk-in shower, and floor-to-ceiling tiles. With 4 separate living areas and a fully renovated gourmet kitchen adorned with expansive stone countertops, premium European cooking appliances, and ample storage solutions, this home is tailor-made for hosting gatherings. Step outside to the covered alfresco area that overlooks the alluring inground pool and a charming grassy enclave, expanding your options for entertainment. Additional amenities include ducted air conditioning throughout, an abundance of linen and storage cupboards, a security alarm system, a double remote garage, a 5kW solar power system, a private fenced yard, and an electric gated entry, ensuring both convenience and security. Moreover, this residence offers the added benefit of being within a short stroll of the highly esteemed Stretton State College and minutes' walk to Aldi and the local café. Don't miss out on the opportunity to tour this exceptional property – schedule your inspection today.
PROPERTY FEATURES:
- Home is approx 19 years old
- Nestled on a 700m2 block in Drewvale
- House size 366sqm
- Fully renovated in 2022
- Bedrooms: 4 spacious bedrooms + BIR's + aircon + ceiling fans
- Master Suite: WIR + aircon + ceiling fan + balcony + ensuite with dual stone vanities + walk in shower + floor to ceiling tiling + toilet
- Bathrooms: 2 contemporary bathrooms (main with stand-alone bathtub) + powder room
- Kitchen: Fully renovated gourmet kitchen with huge Caesarstone island benchtop with ample inbuilt cabinetry + servery + premium cooking appliances + Bosch dishwasher + glass splashback + walk in pantry + soft-close drawers + ample cupboard & pantry storage
- Living Area 1: Formal lounge & dining
- Living Area 2: Open plan family room
- Living Area 3: Rumpus room (with privacy doors)
- Living Area 4: Kid's retreat/additional living area with balcony
- Home office/study with garden views
- Other Property Features: Ducted aircon + ceiling fans + sleek tiles in all living areas + plush carpets on staircase & upstairs bedrooms + high ceilings + freshly painted + separate laundry with storage & external access + security screens + block out curtains & blinds + security alarm & CCTV system + solar hot water + double remote garage with hidden storage hatch
OUTDOOR FEATURES:
- Covered, alfresco space
- Inground saltwater pool
- Lush, low maintenance landscaping
- Fruit trees – mangoes, mandarins, mulberries
- Fully fenced – (colorbond to sides and back of property)
- Electric gated entry with brick posts
- 2m x 2m garden shed
- Side access
- 5000 L water tank
- 5 kW solar power
LOCATION:
- Close to a plethora of schools + shops + medical & recreational facilities
- 3 min walk to Stretton State College
- 7 mins to Grand Plaza Shopping Centre
- Short walk to bus stop
- 1 min drive to Aldi, local chemist and cafe
- 24 mins to Brisbane CBD
- 34 mins to Gold Coast
- The current rental appraisal is $950 per week.
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.