Springwood at a glance
10,231
People
$1,235,000
Median sale
$690/wk
Median rent
2.91%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
QLD › Springwood › Walbrook Ave
$830,000
Last sold
9 Nov 2024
3
Bedrooms
1
Bathrooms
3
Car spaces
728 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
$830,000
9 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Springwood (last 5 years) with land size have a median of $1,491/m² of land (n=105). Districts calculation from recorded sales — not a valuation.
Springwood at a glance
10,231
People
$1,235,000
Median sale
$690/wk
Median rent
2.91%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
Vs Springwood
-32.8%
Median sale
Suburb $1,235,000
+1.41 pp
Gross yield
Suburb 2.91%
Suburb median $1,235,000 from 65 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 $690/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
Springwood at a glance
10,231
People
$1,235,000
Median sale
$690/wk
Median rent
2.91%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX RevolutionAUCTION ON-SITE THIS SATURDAY AT 12.30PM - OPEN TO VIEW PRIOR AT 12PM
Impressive results could be just around the corner for the serious buyer, first homeowner or investor looking to renovate or reimagine this charming family home nestled in a highly sought-after pocket of Springwood in the 'W Streets'.
First time presented to the market; your blank canvas awaits you here, offering an exciting opportunity for the savvy buyer ready to unlock this home's potential.
Built in the 1970s, this solidly constructed lowset brick home features three bedrooms with built-in wardrobes, two of which have air-conditioning.
The spacious lounge room is equipped with a near-new air-conditioning unit, while a separate TV/dining room provides additional space for relaxation.
The largely original spacious kitchen comes with newer appliances, including a chef cooktop and wall oven, plus a generous pantry, allowing you to envision the heart of your future home, overlooking the private swimming pool.
The family bathroom features a shower, bathtub and single vanity plus there is a separate toilet for convenience, servicing the three bedrooms nicely.
Situated on a substantial, fully usable flat 728m² block, there is a level grassed area at the rear of the property and garden shed plus a large, private front yard (neatly hedged). The entire block is fully fenced, offering safety and space for children and pets to play.
Enjoy outdoor living in the covered entertaining areas: both front and back plus take a dip in the spacious, private inground saltwater pool-perfect for summer gatherings!
There is plenty of parking for all your vehicles: 2 car garage, 1 carport and plenty of off-street parking behind closed gates.
AT A GLANCE:
• 3 Built-in bedrooms (2 with A/C) + Bathroom & Separate WC
• Spacious A/C Lounge + Separate Dining Room
• Large Kitchen
• Separate Laundry
• Solar
• Garden Shed
• Storage Room
• Front & Rear Entertaining Zones
• Private Inground Pool
• Fully Fenced flat block
• Plenty of Parking Options
Location, Location, Location! The home is in a quiet, established street surrounded by quality homes in the well-known "W Streets" of Springwood. In this prime position you are near Springwood State High School, Springwood Road State School + Calvary Christian College, a short drive (or walk) to Springwood Park on Cinderella Drive (Café 63), Underwood Park & it's sporting facilities, Shopping Centres (Arndale & The Mall Springwood), Lions Club, library, medical centres and more.
The Springwood Bus Station, at Springwood, is serviced by TransLink bus routes and is just 2.3km away. There is quick and easy access to the M1 which will have you at Brisbane CBD within 20 minutes and the heart of the Gold Coast within 45 minutes.
BE SURE TO VIEW - RENOVATE & REAP THE REWARDS!
"RE/MAX Revolution Real Estate has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accepts no responsibility and disclaims 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 Nadine Nobile, RE/MAX Revolution — 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.