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QLD › Greenbank › Kangaroo Cl

2-4 Kangaroo Cl, Greenbank QLD 4124

For saleHouse

$1,350,000

For sale

Asking

5

Bedrooms

2

Bathrooms

4

Car spaces

4,073 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,350,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,350,000(Listing record · 28 July 2026)
  • CalculationLand 4,073 m² against a 220 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Greenbank (last 5 years) with land size: median $2,178/m² of land (n=146). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 27% above the Greenbank median recorded sale ($1,063,000, n=125, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Greenbank's advertised median rent ($656/wk), implied gross yield would be 2.53% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

The ask against the evidence

Asking

$1,350,000

Asking · $331/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Greenbank (last 5 years) with land size have a median of $2,178/m² of land (n=146). 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.

See the full Greenbank report →

Vs Greenbank

+27.0%

Median sale

Suburb $1,063,000

-0.68 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.

Total cost to purchase

Purchase Price
$1,350,000
Stamp Duty (Queensland)
$58,150
Transfer/Registration Fee
$5,696
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,417,546

$67,546 on top of the price (5.0% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Greenbank's advertised median rent — not a rent for this listing.

Net yield
1.03%
Annual cashflow (pre-tax)
$-56,338
Interest cover (DSCR)
0.20
Annual rent
$34,112
Operating expenses
$20,250
Loan amount
$1,080,000
Annual interest
$70,200
Gross yield
2.53%

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.

Open the full yield calculator →

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. Listed$1,350,000available28 July 2026

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 $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.

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

Gross yield if leased at the suburb aggregate is 2.5%. 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

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

Greenbank in one glance

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.

See the full Greenbank report →

Keep researching

  • Why Greenbank? Read the area thesis →
  • What else is on the market in Greenbank →
  • Other records on Kangaroo Cl →

Listing material

Listed by STRUD Property

Family Living on a Flat Acre with Space to Grow

Perfectly positioned on a flat and fully usable 4,073m² corner allotment, this expansive family home offers the space, flexibility and lifestyle that acreage buyers are searching for. Combining a thoughtfully designed floor plan with outstanding outdoor amenities, including an in-ground swimming pool, large powered shed and generous yard space, this is a property where families can truly spread out without compromising on convenience.

Designed to adapt to every stage of family life, the home's versatile layout provides multiple living zones that allow everyone to enjoy their own space while remaining connected. At its heart, the well-appointed kitchen overlooks the dining area and flows effortlessly to the expansive covered patio, creating the perfect setting for entertaining family and friends while keeping an eye on the kids enjoying the pool. A separate media room, formal lounge and additional living area provide incredible flexibility for growing families, while the five-bedroom design ensures everyone has room of their own.

Stepping outside, the lifestyle truly comes to life. The sparkling in-ground pool becomes the centrepiece for summer gatherings, while the large powered shed offers exceptional storage for vehicles, boats, trailers or weekend projects. With a completely usable acre, there's still plenty of room for children and pets to run, space for additional landscaping or simply the freedom to enjoy the open surrounds that acreage living is known for. Rarely do homes combine such a practical floor plan, exceptional outdoor infrastructure and a premium corner position in one complete package.

Read the full description

Property Features

• Flat and fully usable 4,073m² corner allotment

• Five generous bedrooms

• Master suite with walk-in wardrobe and private ensuite

• Two well-appointed bathrooms

• Multiple living areas including lounge, media room and separate family room

• Well-appointed central kitchen overlooking the living and entertaining areas

• Open plan dining and family living

• Covered outdoor entertaining area

• Sparkling in-ground swimming pool

• Large powered shed

• Double lock-up garage

• Excellent side access

• Separate internal laundry

• Air conditioning

• Ceiling fans throughout

• Plenty of space for caravans, boats, trailers and additional vehicles

• Family-friendly floor plan with exceptional separation between living zones

• Flat, fully fenced acre with endless space for children and pets

Location Features

• Greenbank State School – 3.7km (5 mins)

• Everleigh State School – 8.2km (10 mins)

• Park Ridge State High School – 9.7km (12 mins)

• Greenbank Shopping Centre – 5.0km (7 mins)

• Park Ridge Town Centre – 11km (13 mins)

• Orion Springfield Central – 23km (24 mins)

• Springfield Central Train Station – 23km (24 mins)

• Mount Lindesay Highway – 5.5km (8 mins)

• Logan Motorway – 19km (18 mins)

• Brisbane CBD – 43km (45 mins)

• Gold Coast – 75km (55 mins)

Disclaimer:

STRUD Property has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct 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 Nate Salesa, STRUD Property — reproduced as published, not verified by Districts.

Districts

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

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