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QLD › Griffin › Sawmill Dr

20 Sawmill Dr, Griffin QLD 4503

For saleHouse for Sale

$899,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

375 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $899,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $899,000(Listing record · 17 June 2026)
  • FactLand 375 m²; no building size recorded.(Property record)
  • CalculationAsk is 9% below the Griffin median recorded sale ($991,000, n=118, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Griffin's advertised median rent ($643/wk), implied gross yield would be 3.72% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$899,000

Asking · $2,397/m² of land

No recorded sale for this property.

Griffin at a glance

13,383

People

$991,000

Median sale

$643/wk

Median rent

3.37%

Suburb gross yield

Median sale from 118 recorded sales (last 12 months) — a Districts calculation.

See the full Griffin report →

Vs Griffin

-9.3%

Median sale

Suburb $991,000

+0.35 pp

Gross yield

Suburb 3.37%

Suburb median $991,000 from 118 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$899,000
Stamp Duty (Queensland)
$33,480
Transfer/Registration Fee
$3,600
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
$939,780

$40,780 on top of the price (4.5% 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 Griffin's advertised median rent — not a rent for this listing.

Net yield
2.22%
Annual cashflow (pre-tax)
$-26,797
Interest cover (DSCR)
0.43
Annual rent
$33,436
Operating expenses
$13,485
Loan amount
$719,200
Annual interest
$46,748
Gross yield
3.72%

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$899,000available17 June 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 $643/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 3.7%. 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

Griffin in one glance

Griffin at a glance

13,383

People

$991,000

Median sale

$643/wk

Median rent

3.37%

Suburb gross yield

Median sale from 118 recorded sales (last 12 months) — a Districts calculation.

See the full Griffin report →

Keep researching

  • Why Griffin? Read the area thesis →
  • What else is on the market in Griffin →
  • Other records on Sawmill Dr →

Listing material

Listed by Ray White North Lakes

Family Home Opposite Green Space - Vacant & Ready for Immediate Move-In

Perfectly positioned opposite peaceful green space within the highly sought-after Griffin Pocket - The Shores Estate, this beautifully presented family home now presents an outstanding opportunity for buyers looking to secure a quality home with nothing left to do.

Now vacant and ready for immediate possession, this home is ideal for buyers wanting a smooth settlement and the ability to move straight in without waiting for tenants or owners to relocate. With the owners committed to achieving a sale, this is an opportunity not to miss.

Set on a fully fenced 375sqm block with a generous backyard, the home offers the perfect balance of space, comfort and low-maintenance living. Inside, two separate living areas provide flexibility for growing families, while the open-plan layout creates an inviting space to relax and entertain.

Read the full description

The contemporary kitchen sits at the heart of the home and features stone benchtops, quality appliances and excellent storage, flowing effortlessly through the living and dining area to the covered alfresco - perfect for entertaining family and friends all year round.

The privately positioned master suite offers a walk-in robe, stylish ensuite, ceiling fan and split-system air conditioning, while the remaining three bedrooms all include built-in robes and ceiling fans. Split-system air conditioning to the main living area ensures year-round comfort.

Property Features:

-Master suite with walk-in robe, ensuite, ceiling fan and split-system air conditioning

-Three additional bedrooms with built-in robes and ceiling fans

-Two separate living areas offering flexibility for families

-Modern kitchen with stone benchtops, quality appliances and ample storage

-Split-system air conditioning to the main living area

-LED downlights and quality finishes throughout

-Family bathroom with separate toilet

-Covered alfresco overlooking the backyard

-Double remote garage

-Opposite beautiful green space within The Shores Estate

Whether you're a first home buyer, investor or growing family, this home represents exceptional value in one of Griffin's most family-friendly locations. With schools, shopping, transport and major arterial roads all within easy reach, convenience is at your doorstep.

With the home now vacant and the owners motivated to secure a sale, buyers are encouraged to inspect without delay. Opportunities offering immediate possession in this location are becoming increasingly difficult to find.

Contact Brooke Eldridge on 0468 599 547 today to arrange your private inspection or attend this weekend's open home!

Local Schools:

Murrumba State Secondary College

Griffin State School

Living Faith Lutheran Primary School

Short Drive To:

Murrumba Downs Station

Murrumba Downs Shopping Centre (including Coles, gyms, takeaway/restaurants,medical & dental centre)

Westfield North Lakes + IKEA

Distances:

Brisbane CBD - approx. 40 minutes drive

Brisbane Airport - approx. 20 minutes

Sunshine Coast - approx. 60 minutes drive

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Some images have been digitally staged or enhanced for marketing purposes. Furniture, décor and other furnishings shown in digitally staged images are for illustrative purposes only and may not be included with the property. Buyers are encouraged to inspect the property in person to satisfy themselves as to its current presentation and condition. Due to relevant legislation, a price guide is not available for properties being sold without a price or via auction. Websites may filter a property being sold without a price or via auction into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide.

Listing description written by Brooke Eldridge, Ray White North Lakes — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage
  • Rumpus Room
  • Secure Parking
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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.