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.
QLD › Greenbank › Backwater Rd
$1,300,000
Last sold
20 Oct 2025
4
Bedrooms
2
Bathrooms
5
Car spaces
22,300 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
$1,300,000
20 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Greenbank (last 5 years) with land size have a median of $2,185/m² of land (n=145). Districts calculation from recorded sales — not a valuation.
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
+22.3%
Median sale
Suburb $1,063,000
-0.59 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.
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.
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
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 Crafted Property Agents· CONNECT - We're eager to assist you, book your inspection with our team.
· REQUEST - Building and Pest Report or Relevant Documents.
· BUY NOW - Submit your offer now to secure the home.
Set in the highly sought-after pocket of Greenbank, this charming family home at 192 Backwater Rd blends space, functionality, and comfort with a relaxed country feel. From the moment you arrive, the full-length front verandah invites you to pause, enjoy the morning sun, and sets the tone for a home designed for effortless living and entertaining. Inside, the layout flows seamlessly from the large open-plan kitchen and dining area into the sunken rumpus room, where a woodstove fireplace adds warmth and character, creating a cozy hub for family gatherings. The kitchen, featuring an induction stovetop, dual electric ovens, a spacious walk-in pantry, and plumbing for a fridge, forms the heart of the home — a place for casual meals, lively conversation, or quiet mornings with a cup of coffee. Adjacent, the carpeted lounge provides a private retreat, perfect for movie nights or relaxing away from the main living area. The home's four bedrooms are thoughtfully positioned to ensure privacy and comfort. The master suite impresses with a walk-in wardrobe, air conditioning, and an ensuite with dual shower heads, while the main bathroom includes a bathtub, making this layout ideal for families. Step outside, and the lifestyle opportunities continue. A large covered entertainment area features an outdoor TV cabinet, bar, kitchen, and storage, perfect for hosting friends or enjoying laid-back afternoons. The sparkling 55,000L saltwater pool with bubble spa creates a resort-style ambiance, while established gardens, paddocks, 4-bay stables, sheds, and comprehensive water infrastructure provide both practicality and versatility. A home with room to breathe, spaces to gather, and corners to retreat — 192 Backwater Rd brings the best of country life and family living together.
· Bedrooms: 4 x Bedrooms, all with Built-Ins + Ceiling Fans
· Master Suite: Walk-In Wardrobe + Air Conditioning + Ensuite with Dual Shower Heads
· Bathrooms: 2 x Bathrooms with Bathtub in Main Bathroom
· Kitchen: Induction Stovetop + Dual Electric Ovens + Dishwasher + Large Walk-In Pantry + Plumbing Line for Fridge
· Living (a): Large Sunken Rumpus Room with Woodstove Fireplace
· Living (b): Large Carpeted Lounge Room
· Living (c): Large Open Plan Kitchen and Dining Area with Air Conditioning
· Home Features: 2 x Split System Air Conditioners (Main Bedroom + Main Living Area) + Ceiling Fans Throughout Entire House + Security Screens on All Doors + Woodstove Fireplace in Rumpus Room + Double Insulation in Roof and Ceiling + Brand New Roof Replaced in 2022 + Verandah Along Full Length of Front of House + Verandah Along Full Length Back of House
· Lifestyle: Large Spacious Kitchen and Living Areas Perfect for Entertaining Guests + Large Outdoor Patio Perfect for Hosting Barbecues and Family Events
· Outside Area: Extra Large Covered Entertainment Area with Outdoor TV Cabinet + Bar + Large Outdoor Ceiling Fan + Storeroom
· Pool Details: 55,000L Saltwater Swimming Pool with New Pump and Sand Filter (Replaced 12 Months Ago) + Bubble Spa Feature
· Car Space: 3-Bay Covered Carport Attached to House
· Shed (a): 1 Large Shed + Shipping Container, Shelved for Convenient Storage
· Outside Features: 3 x 24,000L Water Tanks Attached to House + 12,000L Tank Near Stables for Animal Water Storage (All Replaced 2021) + Large Electric Hot Water System + 5kW Solar Panels + Firepit Conveniently Placed Near Patio + Established Fruit Trees (Tangelo, Mandarin, Mulberry) + Large Established Chicken Coop and Run + Fully Fenced Property with Multiple Gate Access Points + Separate House Yard with Multiple Gate Access Points + Multiple Paddocks Perfect for Housing Goats, Sheep, Alpacas, or Horses + 4-Bay Powered Stables + Extra Shelter and Lockable Store Room + Animal Catchment Pen + Large Dam with Water Pump and Irrigation Throughout Property + Electric Front Gate
· Age of Home: Built 1990's · Key Renovations: Ensuite Remodeled January 2025 + Roof Replaced 2022 + Water Tanks Replaced 2021
· Location Benefits: Greenbank Primary School Nearby + IGA 5 Mins + Greenbank Woolworths 10 Mins + 20 Mins to Browns Plains + 12 Mins to Springfield Central Train
Note: The outline shown on the aerial photos is for illustrative purposes only and is intended as a guide to the property boundary. However, we cannot guarantee its accuracy and interested parties should rely on their own enquiries. Also the measurements are approximate plus the potential suggestions have not been investigated with council and interested parties should rely on their own enquiries.
Listing description written by Philip Resnikoff, Crafted Property Agents — reproduced as published, not verified by Districts.