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.
$375,000
Last sold
4 Nov 2020
3
Bedrooms
2
Bathrooms
2
Car spaces
1,073 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
$375,000
4 Nov 2020 · derived via latest_sale
Local land rate: recorded House sales in Crestmead (last 5 years) with land size have a median of $998/m² of land (n=154). 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
-56.6%
Median sale
Suburb $863,500
+4.64 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 Avenue PropertyALL PROPERTIES GROUP & DERRICK WILLIAMS SOLD…
- | 18 Hakea Street Crestmead | -
1073m2 The Rarest Home in Crestmead
Nestled on an impressive quarter acre block in a quiet little pocket of Crestmead, close to shopping precincts, recreational facilities and walking distance to schools, this expansive home presents the perfect family lifestyle.
Perfectly positioned on a corner allotment, it maximises the usability of land with side access to an enormous backyard.
Offering an enviably sized floorplan and retaining gorgeous polished timber floors, the freshly painted upper level features a well-proportioned modern kitchen with ample bench and storage space. Opening through the lounge to an outdoor private front deck.
Three spacious bedrooms feature on the upper level, the master with its own Juliet balcony where you can enjoy a warm cup of coffee, fresh breeze and natural light. All bedrooms on this floor are serviced by a full sized family bathroom including bath- it's perfect for children of all ages.
The lower level is beautifully built in, generously proportioned and offers multi-purpose rooms, bathroom and laundry. Complementing the functionality of this extraordinary property, single car lock up garage plus a carport is also available.
Opening to this rarely seen before backyard you can watch the kids run, kick a ball and play with ample room for a large shed, boat or caravan storage or a pool at a later date- the potential is endless!
Walking distance to Crestmead State School, the local IGA and bike and walking tracks, and ample public transport options- there is no better location to raise a family. This expansive family home features-
- Enormous 1073m² block with drive through access and unlimited potential
- Upper level has three spacious bedrooms all with ceiling fans
- Master bedroom: ceiling fan, built in wardrobe and personal balcony
- Modern kitchen with ample bench and storage space
- Stunning hardwood floors
- Spacious lounge opening to private front deck
- Family bathroom on upper level, with additional bathroom on lower
- Numerous multipurpose rooms on ground floor
- Remote single lock up garage with internal entry
- Electric roller shutters
- Freshly painted inside and outside
- Side of home carport
- Brick barbeque
- Cubby house
Due to the current COVID-19 situation and health and safety, social distancing still applies when attending inspections.
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 Derrick Williams, Avenue Property — reproduced as published, not verified by Districts.