Greenbank at a glance
15,350
People
$1,063,000
Median sale
$656/wk
Median rent
3.21%
Suburb gross yield
Median sale from 125 recorded sales (last 12 months) — a Districts calculation.
$870,000
For sale
Asking
4
Bedrooms
2
Bathrooms
2
Car spaces
315 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
Asking
$870,000
Asking · $2,762/m² of land
No recorded sale for this property.
Greenbank at a glance
15,350
People
$1,063,000
Median sale
$656/wk
Median rent
3.21%
Suburb gross yield
Median sale from 125 recorded sales (last 12 months) — a Districts calculation.
Vs Greenbank
-18.2%
Median sale
Suburb $1,063,000
+0.71 pp
Gross yield
Suburb 3.21%
Suburb median $1,063,000 from 125 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$39,336 on top of the price (4.5% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Greenbank's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $656/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.
Gross yield if leased at the suburb aggregate is 3.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
Greenbank at a glance
15,350
People
$1,063,000
Median sale
$656/wk
Median rent
3.21%
Suburb gross yield
Median sale from 125 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White AKG & Daisy HillWelcome home to 19 Myrtle Road | Modern, sophisticated living all on a secure 315sqm block!!
This single level contemporary home is perfectly positioned halfway between Brisbane City & the Gold Coast with a large array of local amenities right at your fingertips. The home features a thoughtfully designed floorplan consisting of 4 bedrooms & 2 bathrooms, fans throughout for all year comfort with the added benefit of ducted air conditioning. Walking through the wide entrance you are met by the study nook big enough for 2 work from home desks, then through to the open plan kitchen, living & dining area. The kitchen boasts ample storage, large fridge space, stainless steel appliances, five burner gas cook-top plus a walk in pantry.
The bedrooms feature built-in wardrobes with sliding doors, whilst the master suite boasts a walk-in wardrobe, private ensuite & vertical blinds. All rooms have their own fan, blinds & plush carpets. Effortless transition from indoors to the outdoor entertainment area allows for the home to be light filled whilst you overlook the perfectly manicured backyard space with the privacy of 6ft fencing. Perfection for those looking to make the move to this sought after pocket of Greenbank.
The peaceful positioning & open street frontage, showcases the stunning contemporary facade, beautiful gardens & well-kept lawns. The care & detail of this home is one to be desired. Having a smart floor plan is great for functionality & 19 Myrtle Road delivers this. This impressive home & low-maintenance block will not last long so contact Eliza Rees to view on 0422335676.
Features to Love:
| Ceiling Height 2440mm
| Four spacious bedrooms
| Master suite features walk in robe & ensuite
| Lush carpet in bedrooms
| Family bathroom with stand alone tub
| Large stone island bench
| Ample kitchen storage
| Four burner gas cooktop
| Stainless steel appliances
| Walk in pantry
| Study nook
| Oversized dining & lounge
| Vertical blinds throughout
| Fans throughout
| Security screens & doors
| Ducted air conditioning
| Covered alfresco with fan
| Exposed aggregate driveway
| 8kW Solar
| 315sqm block & secure fencing
Specifications
Council: Logan City Council
Build Finish: 2023
Builder: Resi Design Homes
Land: 315m2
Home: 186m2
Rental Appraisal: $750 - $780 per week
Great rental yields are achieved in Greenbank, one of the best areas to invest in, a rental income superstar.
Register your interest & offer here or via the external link: https://prop.ps/l/zpIzzOa4H3Lq
Buying | Selling | Renting
Contact your Greenbank #1 Resident Agent & Suburb Specialist, Eliza Rees today for all your property needs on 0422335676 or by clicking on the external link - https://elizarees.raywhite.com/
Covella Estate by Avid Property Group is a beautiful growing premium Greenbank estate featuring residential & acreage homes together. People love calling Covella home because it includes Heartland Central Park, numerous other parks, bushland views, walking tracks & amenities, all within walking distance of every home in the estate. A beautifully master planned community, with great neighbours. Please read more here: https://covella.avid.com.au/
Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Listing description written by Eliza Rees, Ray White AKG & Daisy Hill — reproduced as published, not verified by Districts.