Crestmead at a glance
12,841
People
$863,500
Median sale
$591/wk
Median rent
3.56%
Suburb gross yield
Median sale from 78 recorded sales (last 12 months) — a Districts calculation.
QLD › Crestmead › Lorikeet Way
$385,500
Last sold
4 Feb 2021
4
Bedrooms
1
Bathrooms
4
Car spaces
601 m²
Land
Districts View
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
$385,500
4 Feb 2021 · derived via latest_sale
Local land rate: recorded House sales in Crestmead (last 5 years) with land size have a median of $998/m² of land (n=154). Districts calculation from recorded sales — not a valuation.
Crestmead at a glance
12,841
People
$863,500
Median sale
$591/wk
Median rent
3.56%
Suburb gross yield
Median sale from 78 recorded sales (last 12 months) — a Districts calculation.
Vs Crestmead
-55.4%
Median sale
Suburb $863,500
+4.41 pp
Gross yield
Suburb 3.56%
Suburb median $863,500 from 78 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Logan Planning Scheme 2015
Zone
Low Density Residential
Low Density Residential
Jurisdiction
Logan City Council
Logan, QLD
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
QLDZoned Low Density Residential (Logan Planning Scheme 2015). Official parcel area about 604 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $591/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low Density Residential (Logan Planning Scheme 2015). Official parcel area about 604 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 604 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Crestmead at a glance
12,841
People
$863,500
Median sale
$591/wk
Median rent
3.56%
Suburb gross yield
Median sale from 78 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Avenue PropertyALL PROPERTIES GROUP & DERRICK WILLIAMS SOLD…
- | 20 Lorikeet Way Crestmead | -
Immaculate Presentation, Open Plan Living, Move-in Ready, Large Backyard, Loads of Extras and Convenient Location.
Elegant and sophisticated brick & tile family home featuring a well thought out flowy floor plan with a spacious backyard that appeals to all lifestyles. With nothing to do but move in, 20 Lorikeet Way offers a good sense of space with its high pitch ceilings, open plan living and oversized sliders that glide through to the covered outdoor entertaining. This quality home includes matching stone bench tops throughout, two air conditioners, ceiling fans, remote DLUG and extra high carport for the boat or caravan, security screens, shed, potential drive through access and much more.
Why we love this home:
- 4 good size bedrooms all with built-in wardrobes & ceiling fans
- Master bedroom: built-in wardrobes, air con, ceiling fan and bathroom access
- Modern bathroom with shower and bath, stone bench tops and separate toilet
- Huge lounge room with air conditioning and pitched ceilings
- Modern open plan kitchen: stone bench tops and stainless appliances including dishwasher
- Open plan dining that flows through to outdoor entertaining area
- Covered outdoor entertaining area
- Side courtyard
- Security screens on doors and windows
- Insulation
- Garden sheds
- Remote double lock-up garage with internal & backyard entry
- Extra high double carport
- Fully fenced 601m2 flat block with potential drive through access
Close by:
- Crestmead State Primary School
- Marsden State Primary School
- Marsden State High School
- St Francis College (Prep – year 12)
- Day care Centres
- Shopping Centre
- Public transport
- Parks and playgrounds
Due to the current COVID-19 situation and health and safety, social distancing still applies when attending inspections
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.
Listing description written by Derrick Williams, Avenue Property — reproduced as published, not verified by Districts.