Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
QLD › Westlake › Horizon Dr
$1,500,000
For sale
$1,500,000
Last sold
27 July 2024
5
Bedrooms
3
Bathrooms
2
Car spaces
1,136 m²
Land
Districts View
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
$1,500,000
27 July 2024 · derived via latest_sale
Local land rate: recorded House sales in Westlake (last 5 years) with land size have a median of $1,750/m² of land (n=137). Districts calculation from recorded sales — not a valuation.
Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Westlake
-9.1%
Median sale
Suburb $1,650,444
+0.25 pp
Gross yield
Suburb 2.41%
Suburb median $1,650,444 from 16 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$76,869 on top of the price (5.1% 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 Westlake'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 scheme
Brisbane City Plan 2014
Zone
Low density residential
LDR
Jurisdiction
Brisbane City Council
Brisbane, QLD
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
QLDZoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 702 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $766/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 702 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 702 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by SET RealtyFULLY RENOVATED FAMILY HOME IN A PREMIUM WESTLAKE POCKET
Positioned in one of Westlake's most tightly held and peaceful pockets, this fully renovated five-bedroom residence offers the perfect blend of space, style, and lifestyle. Sitting proudly on a 699m² corner block, just metres from the lake and river, this home delivers both immediate comfort and long-term value.
Designed for modern family living, the home features multiple living areas, a functional layout, and a seamless indoor-outdoor flow. With a brand-new pool and high-quality renovations throughout, there is nothing left to do but move in and enjoy.
Set in a flood-free location with no easements, opportunities like this in Westlake are becoming increasingly rare.
THINGS WE ABSOLUTELY LOVE ABOUT THIS PROPERTY!!!
✔ Fully renovated throughout – move straight in
✔ Five spacious bedrooms, including master with ensuite
✔ Three well-appointed bathrooms
✔ Multiple living areas – perfect for growing families
✔ Brand new swimming pool
✔ Separate laundry for added practicality
✔ Large 699m² corner block
✔ Flood-free and no easements – peace of mind
✔ Quiet, family-friendly pocket
✔ Just metres from the lake and river
LOCATION, LOCATION, LOCATION!!!
Situated in a highly sought-after part of Westlake, this home offers a lifestyle that is hard to match. Enjoy being within walking distance to the lake, riverfront, parks, and walking tracks, while still being close to quality schools, shopping centres, and public transport.
With easy access to major arterial roads, commuting to the Brisbane CBD and surrounding suburbs is simple and convenient.
DISCLAIMER:
All information provided has been obtained from sources we believe to be reliable; however, we cannot guarantee its accuracy. Interested parties should conduct their own investigations and due diligence. Measurements, features, and details are approximate and subject to change without notice.
Listing description written by Hamid Mazaheri, SET Realty — reproduced as published, not verified by Districts.