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QLD › Reedy Creek › Koolang Cres

18 Koolang Cres, Reedy Creek QLD 4227

House

$1,750,000

Last sold

12 July 2024

5

Bedrooms

3

Bathrooms

2

Car spaces

684 m²

Land

325 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,750,000 (12 July 2024).(Recorded sale)
  • CalculationRecorded House sales in Reedy Creek (last 5 years) with land size: median $1,989/m² of land (n=115). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,750,000

12 July 2024 · derived via latest_sale

Local land rate: recorded House sales in Reedy Creek (last 5 years) with land size have a median of $1,989/m² of land (n=115). Districts calculation from recorded sales — not a valuation.

Reedy Creek at a glance

8,001

People

$1,775,000

Median sale

$819/wk

Median rent

2.40%

Suburb gross yield

Median sale from 43 recorded sales (last 12 months) — a Districts calculation.

See the full Reedy Creek report →

Vs Reedy Creek

-1.4%

Median sale

Suburb $1,775,000

+0.03 pp

Gross yield

Suburb 2.40%

Suburb median $1,775,000 from 43 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$1,750,00012 July 2024
  2. Listedprice unknowncompleted12 June 2024
  3. Listedprice unknowncompleted12 June 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $819/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Reedy Creek in one glance

Reedy Creek at a glance

8,001

People

$1,775,000

Median sale

$819/wk

Median rent

2.40%

Suburb gross yield

Median sale from 43 recorded sales (last 12 months) — a Districts calculation.

See the full Reedy Creek report →

Keep researching

  • Why Reedy Creek? Read the area thesis →
  • What else is on the market in Reedy Creek →
  • Other records on Koolang Cres →

Listing material

Listed by COASTAL °

IMMACULATE FAMILY RETREAT

Proudly positioned in a quiet cul de sac surrounded by quality homes, this beautiful residence will certainly impress! Elevated to capture the cool summer breezes, this elegantly designed home has been crafted with high ceilings and open plan living spaces allowing an abundance of natural light to flow throughout the home.

Cleverly constructed to maximise the best of Gold Coast lifestyle, there's a terrific integration between indoor-outdoor living with spacious open plan living areas flowing to a large alfresco terrace ideal for year-round dining or watching the kids play in a generously sized swimming pool privately fringed by tropical landscaping.

Located in the highly sought Observatory Estate, this stunning property offers a relaxed escape from the pressures of modern life whilst enjoying the best of resort style living.

Read the full description

Main features:

At the heart of the home, a gourmet kitchen has been appointed with quality Bosch appliances, Caesarstone waterfall island bench, soft close cabinetry as well as a walk in pantry with an abundance of storage

Open plan living areas are filled with natural light and provide a great space for family enjoyment

An inviting, cosy media room is the perfect place to unwind with a large screen, Sony projector plus inbuilt ceiling and surround sound speakers

There is also a large separate lounge room at the front on the home with a lovely easterly facing balcony which enjoys oceans glimpses and beautiful breezes

Five generously proportioned bedrooms feature built in robes. The master suite includes stylish pendant feature lighting, a generous walk through robe as well as beautiful ensuite and separate toilet. The downstairs bedroom is also ensuite, ideal for guest accommodation or teenager's retreat

The main bathroom has been beautifully appointed with stylish fixtures and fittings

Sparkling 8m x 4m saltwater swimming pool surrounded with travertine tiling, frameless glass fencing plus a waterfall feature.

Well-appointed separate laundry

Double auto lock up garage plus off street parking for additional vehicles or boat/caravan

Additional inclusions:

• 2.7m high ceilings

• Ceiling fans throughout

• Fully ducted My Air multi-zone Daikin air-conditioning for cooling and heating controlled via tablet or mobile phone

• 35 x 370w solar panels plus a 10kw inverter

• Ample storage including large under stair storage with inbuilt shelving

Year built: 2017

Building Size: 325sqm

Land Size: 684 sqm

Location:

Reedy Creek is a prized, family friendly location with beautiful breezes and surrounded by nature reserves

You will enjoy the village atmosphere of the local Reedy Creek shopping centre complete with Woolworths supermarket, BWS, Zarraffas Coffee and doctor surgery. Robina Town Centre's shopping and dining precinct is only a short drive

Close proximity to some of the Gold Coast's most renowned schools including Hillcrest Christian College, King's Christian College, Somerset College, St Andrews Lutheran College and All Saints Anglican School as well as being in the catchment to Clover Hill Primary School. There are also several popular childcare options

An abundance of parkland can be explored throughout the area including a very popular off leash dog park and mountain bike trails as well as BBQ facilities with panoramic views of the Gold Coast coastline

This wonderful lifestyle is only minutes to the M1 motorway and Varsity train station as well as a short drive to the glistening sands of beautiful Burleigh Heads beach, restaurants and cafes plus an easy commute to Gold Coast Domestic and International Airport

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Listing description written by Ilona Barry, COASTAL ° — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.