Tanah Merah at a glance
5,000
People
$1,015,500
Median sale
$642/wk
Median rent
3.29%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
QLD › Tanah Merah › Nandala Dr
$1,100,000
Last sold
6 Apr 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
2,028 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
$1,100,000
6 Apr 2024 · derived via latest_sale
Local land rate: recorded House sales in Tanah Merah (last 5 years) with land size have a median of $1,069/m² of land (n=102). Districts calculation from recorded sales — not a valuation.
Tanah Merah at a glance
5,000
People
$1,015,500
Median sale
$642/wk
Median rent
3.29%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Vs Tanah Merah
+8.3%
Median sale
Suburb $1,015,500
-0.26 pp
Gross yield
Suburb 3.29%
Suburb median $1,015,500 from 26 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 $642/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
Tanah Merah at a glance
5,000
People
$1,015,500
Median sale
$642/wk
Median rent
3.29%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Zevesto Property GroupNestled in the highly sought-after suburb of Tanah Merah, this expansive 2028 sqm property represents a rare and lucrative investment opportunity, complete with all necessary DA approvals for a visionary development project. Approved for an exclusive complex of 10 modern townhouses, this site is primed for an astute investor to bring a transformative project to life.
The approved designs elevate beyond typical townhouse offerings, presenting luxurious dual-level homes, each level featuring their own living spaces, and a double garage - a rarity in contemporary developments. The collection includes eight four-bedroom, two-bathroom townhouses, alongside two three-bedroom, two-bathroom townhouses, thoughtfully crafted to accommodate a wide spectrum of lifestyles and tastes. The readiness of DA approvals means that this project is shovel-ready, eliminating the usual delays associated with planning and permits and allowing construction to commence at the investor's convenience.
Situated in an area known for its family-friendly atmosphere, excellent educational facilities, and vibrant community life, Tanah Merah is a highly desirable location for both homeowners and renters. This positions the development project in a prime spot for attracting quality tenants and ensuring high occupancy rates.
While plans for the development are set into motion, the existing three-bedroom home on the site offers an immediate source of rental income, ensuring that your investment begins generating returns from day one. This aspect of the property not only provides financial benefits but also adds a layer of flexibility for the investor, allowing for income generation while final preparations for construction are underway.
2 Nandala Drive presents more than just a development opportunity; it offers the chance to create a landmark project that will stand as a testament to thoughtful design and strategic investment in Tanah Merah. Whether looking to expand a portfolio or embark on a standout project, this site offers the perfect foundation for a transformative endeavour.
Seize the opportunity to shape the future of Tanah Merah with this exceptional investment prospect. Chat with us today to explore how this ready-to-develop site can be transformed into a vibrant residential community, marking a significant milestone in your investment journey.
Make no mistake, this property will sell on or before April 6th under the hammer. So don't miss this opportunity to make this property your own!
Listing description written by Hannah Shine, Zevesto Property Group — reproduced as published, not verified by Districts.