Meringandan West at a glance
3,256
People
$886,500
Median sale
$661/wk
Median rent
3.88%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
QLD › Meringandan West › Willis Rd
$500,000
Last sold
24 May 2022
3
Bedrooms
2
Bathrooms
6
Car spaces
10,000 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
$500,000
24 May 2022 · derived via latest_sale
Local land rate: recorded House sales in Meringandan West (last 5 years) with land size have a median of $304/m² of land (n=87). Districts calculation from recorded sales — not a valuation.
Meringandan West at a glance
3,256
People
$886,500
Median sale
$661/wk
Median rent
3.88%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Meringandan West
-43.6%
Median sale
Suburb $886,500
+2.99 pp
Gross yield
Suburb 3.88%
Suburb median $886,500 from 40 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 $661/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
Meringandan West at a glance
3,256
People
$886,500
Median sale
$661/wk
Median rent
3.88%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by TomoroThis unique property offers endless opportunities! Situated in a quiet country road, but so close to schools, shopping, cafes and all the amenities only a few minutes drive away in Meringandan and Highfields. Completely off-grid, but with power and town water right at the front gate, this shed house is fully set up and ready for someone to move in and enjoy. With 3 level, fenced acres, backing onto a spring-fed permanent creek, this property would be perfect to build a self-sustainable lifestyle, ideal for horses or other animals, with a lot of the hard work already complete. There is plenty of room to build another dream home dwelling on this perfect, flat block with a soil test already completed!
- 6 bay shed (21x7.5m)with 3 bays converted to living accommodation
- Fully off grid solar system- 2kw panels with a 7.5kw seletronic inverter, 32kwh of battery at 48v with system able to expanded to 15kw
- 10kva Kubota diesel generator, silenced
- Skillion running down the length of the building (21x5m), ideal outdoor area & carport
- Kitchen with dishwasher and gas cooking
- Ceiling fans in bedrooms
- Open plan living area with ceiling fan & wood heater
- 3 Bedrooms, two with built in cupboards
- Ensuite off main bedroom
- NBN Connected
- Laundry area with shower & second toilet.
- 3x5000 gallon rainwater tanks (68,000 litres) with a huge roof catchment
- Large storage cupboard
- Plenty of water taps along the fencelines
- Chicken coop
- School bus nearby
- Highfields Secondary College - 6.4km
- Meringandan State School - 2.7km
The shed-house has been sustainably designed with energy efficiency in mind and is oriented with the skillion facing north to capture the winter sun and maximise energy efficiency. It is deceptively large, with an open plan kitchen/lounge/dining area with a study nook nearby and plenty of built in storage. There are three good-sized bedrooms, 2 offering built in cupboards. The main bedroom is complete with a stunning ensuite complete with claw foot bath. There is a separate laundry/bathroom complete with shower and toilet. There are ceiling fans throughout for your comfort, plus a wood combustion heater in the lounge room, a perfect spot to curl up and relax in winter.
At the other end of the building you will find 3 bays of shed storage complete with power and lighting. Out the front is the skillion roof running the whole length of the dwelling, the perfect spot for large outdoor BBQ's or relaxing with your morning cup of coffee in the morning sun and enjoying the space and privacy. A short walk to the back boundary, and you will find yourself overlooking a gorgeous, permanent spring fed creek, a beautiful spot for backyard picnics, swimming and kayaking in the pristine creek.
This property is truly unique! Properties like this are rare, act quickly to secure this opportunity!
Listing description written by Erin Poole, Tomoro — 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.