Durack at a glance
8,235
People
$1,010,000
Median sale
$627/wk
Median rent
3.23%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
QLD › Durack › Meandarra Ct
$800,000
Last sold
22 Mar 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
1,073 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
$800,000
22 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Durack (last 5 years) with land size have a median of $1,354/m² of land (n=94). Districts calculation from recorded sales — not a valuation.
Durack at a glance
8,235
People
$1,010,000
Median sale
$627/wk
Median rent
3.23%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Vs Durack
-20.8%
Median sale
Suburb $1,010,000
+0.85 pp
Gross yield
Suburb 3.23%
Suburb median $1,010,000 from 33 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 $627/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
Durack at a glance
8,235
People
$1,010,000
Median sale
$627/wk
Median rent
3.23%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by One Agency Forest LakeSPACIOUS FAMILY HOME ON 1073SQM CORNER BLOCK!
This renovator's dream occupies a spectacular 1073sqm corner block in a highly sought-after estate of Durack. This home needs some work but the bones are there for great potential!
Featuring dual street frontage and side access to the spacious backyard, there is plenty of development potential or you can renovate the existing home and create the family home you have always dreamed of.
Stepping inside, you will find four good sized bedroom, two bathrooms, including a master with built-in and ensuite, a functional kitchen with an abundance of cabinetry space and a multiple living area which are perfect for the whole family to spread out, relax and enjoy.
Moving outside you will see spacious back yard, a pool that will need to be restored and a large under covered alfresco, great place to entertain with family and friends.
You will love the location and position of this home as you are surrounded by quality built homes and it is only a three minute walk to the city buses. The local primary and high schools are only moments away. A few minutes drive to all the popular amenities like the Oxley Golf Course, Fitness Cartel Heath Clubs, Inala Civic Shopping Centre, Islamic International College, multiple Childcares and the Oxley Tavern and its Shopping Centre. Both Ipswich Motorway and the Centenary Highway are also easily accessible.
Property Features include:
- Spacious 1073m2 corner block, located in a private and quiet cul-de-sac peaceful environment for the family.
- Thoughtfully designed layout with a seamless flow throughout.
- Master bedroom with built-in & ensuite & ceiling fan.
- The remaining three sizeable bedrooms all with built-ins, ceiling fans and one with air-conditioning.
- Two bathrooms.
- Multiple living spaces.
- Bright & light-filled.
- Functional kitchen with plenty of cupboard & storage space.
- Large outdoor entertaining area - perfect space for family & guests.
- Double lock-up garage and extra off- street parking.
- Fully fenced with both side access easy for trailer, boat and caravan.
- Swimming pool (needs restoration and TLC)
- Two x garden shed.
- Water tank.
- Close to shops, parks and schools.
- Approx. 18 mins to the CBD.
- Private and secure in a family-friendly street.
- Surrounded by quality family homes.
- Development potential (STCA).
- And plenty more, you will have to visit to really appreciate it!
Additional Information:
Rates and Utilities: Brisbane City Council Rates approx. $450 per quarter. Queensland Urban Utilities approx. $250 per quarter (subject to usage).
Rental Potential: Estimated rental income of approximately $650-$700 per week makes this an appealing investment opportunity.
This rare gem is not just a property; it's an investment in your future success. Act now and witness the astonishing rewards that await you. Don't miss out on this unique opportunity to shape the landscape and redefine the possibilities of real estate development.
The owners are highly motivated to sell, we welcome all genuine offers and ask interested buyers to personally view this property and submit their most competitive offer in writing.
Call or email Toby Chan today to arrange a private viewing or for further information.
Disclaimer:
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Property Code: 1398
Listing description written by Toby Chan, One Agency Forest Lake — reproduced as published, not verified by Districts.