Springwood at a glance
10,231
People
$1,242,500
Median sale
$690/wk
Median rent
2.89%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
QLD › Springwood › Lorimer St
$1,201,000
Last sold
15 Dec 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
718 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
$1,201,000
15 Dec 2025 · derived via latest_sale
Local land rate: recorded House sales in Springwood (last 5 years) with land size have a median of $1,489/m² of land (n=105). Districts calculation from recorded sales — not a valuation.
Springwood at a glance
10,231
People
$1,242,500
Median sale
$690/wk
Median rent
2.89%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
Vs Springwood
-3.3%
Median sale
Suburb $1,242,500
+0.10 pp
Gross yield
Suburb 2.89%
Suburb median $1,242,500 from 66 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
$1,242,500
Median sale
$690/wk
Median rent
2.89%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker Property Partners | Sunnybank HillsIn one of Springwood's most dynamic growth corridors, this rare 718m2 corner block presents one of the most versatile and forward-thinking opportunities on the market today. Perfectly positioned on level terrain with dual street frontage, it combines high visibility, strong holding income, and zoning for up to 10 storeys, offering immense potential for those looking to make their mark in one of Logan's most rapidly evolving hubs.
Developers will immediately recognise the appeal of its High-Rise Residential zoning (up to 32m), allowing for a range of options such as apartments, mixed-use buildings, townhouses, boutique units, or mixed-use living (STCA).
For investors, the property's solid rental income and strategic location make it a secure addition to any portfolio. And for owner-occupiers, it's a chance to live comfortably now while planning for a bright future of redevelopment or capital growth.
Property Highlights
- Land Size: 718m2 level corner block with two street frontages
- Zoning: Residential 250 - High-Rise (up to 32m / approx. 10 storeys)
- Holding Income: 3-bedroom, 1-bathroom home currently rented at $ 400/week to long term tenants
- Flexible Potential (STCA): Apartments, mixed-use retail/residential, townhouses, or medical centre
- Prime Location: Walk to Coles, Woolworths, Dan Murphy's, Logan Library, and Logan Aquatic Centre
- Excellent Connectivity: Easy access to M3 and Gateway Arterial; close to Springwood Busway and Griffith University
- Convenience: Surrounded by schools, parks, shopping, and essential amenities
Built to Last - Ready for What's Next
The existing three-bedroom home offers generous living spaces, a functional kitchen, and plenty of natural light. Its sturdy construction and practical layout make it ideal for continued rental, a home-based business, or an on-site office during future planning and development phases. It's the kind of property that works for you now and sets you up for what's next.
A Location on the Rise
Springwood is fast becoming one of Logan's true success stories. Situated just 20km south-east of the Brisbane CBD, the suburb is undergoing a major transformation, with new infrastructure, upgraded transport links, retail expansion and a growing residential population all driving demand.
From 2 Lorimer Street, walk to Coles, Woolworths, Dan Murphy's, the Logan Library and Logan Aquatic Centre, and enjoy quick access to the M3 and Gateway Motorways, making commuting effortless. Springwood Busway Station and Griffith University are also just minutes away.
Why You'll Love It
With land in central Springwood becoming increasingly scarce, opportunities like this are few and far between. This site's corner positioning, zoning and location combine to deliver long-term growth potential with short-term rewards. Whether you're ready to develop today or prefer to hold and watch your investment grow, this address offers the perfect balance of flexibility and foresight.
Contact Pragya Ojha today to learn more or arrange your inspection.
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
Listing description written by Pragya Ojha, LJ Hooker Property Partners | Sunnybank Hills — 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.