Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
QLD › Westlake › Westlake Dr
$2,000,000
Last sold
7 Mar 2023
5
Bedrooms
3
Bathrooms
2
Car spaces
1,035 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
$2,000,000
7 Mar 2023 · derived via latest_sale
Local land rate: recorded House sales in Westlake (last 5 years) with land size have a median of $1,744/m² of land (n=137). Districts calculation from recorded sales — not a valuation.
Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Westlake
+21.2%
Median sale
Suburb $1,650,444
-0.42 pp
Gross yield
Suburb 2.41%
Suburb median $1,650,444 from 16 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 $766/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
Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by NGU Real Estate BrisbaneThis lake front oasis has been architecturally custom designed to encapsulate enchanting and uninterrupted 180 degree panoramic views of Brisbane's only private lake. Nothing short of breathtaking, this luxurious two story residence showcases exceptional craftsmanship, attention to intricate detail and considered design to deliver an enviable lifestyle home. Positioned among exquisite homes on the peaceful Westlake Drive and just 18.4km from Brisbane CBD, this residence offers serene living and an escape from the busy lifestyle while maintaining all the conveniences that the city has to offer.
This gorgeous home has the enviable attribute of all living areas existing on the ground floor, with the exception of the parents' retreat/ master bedroom which commands excellent lakeside views from its private second floor balcony. The layout of this home is perfect for families and entertainers alike. An additional bedroom situated in the far end of the house offers an ideal arrangement for a guest bedroom, teenagers retreat or self-contained office with its own separate bathroom and private entry.
Adorned with a sweeping selection of formal and informal living spaces over a variety of zones, this exquisite double-storey home offers 5 king-sized bedrooms or 4 with an additional home office, 3 bathrooms, a spacious walk-in robe in the master bedroom as well as mirrored built in wardrobes in each bedroom, and multiple living/entertaining options both internal and external.
The most spectacular feature of this home is its exquisite outdoor entertainment space which offers undercover enjoyment and uninterrupted panoramic views of the lake, an entertainer's dream. This sprawling zone descends towards the lake to an immaculate in-ground swimming pool with ample space for pool-side lounging. Beyond this zone exists this property's very own personal jetty and boardwalk, complete with gazebos positioned at each end, presenting an almost on-water entertaining experience.
The carefully considered, split level floor plan allows for seamless indoor / outdoor flow while encompassing exquisite entertaining areas, striking gourmet kitchen and generously proportioned private quarters. Sit back and enjoy the sunsets, access the lake from the backyard or relax and entertain in style….
Key Features:
- 19.6m absolute lakefront frontage on a low maintenance 1035 m2 block, completely unobstructed by neighbours
- 5 double built-in bedrooms (master bedroom with walk-in robe), 3 bathrooms including grand master ensuite.
- Exquisite designer kitchen with 2 piece stone benches, ample pantry space and Bosch appliances like new.
- Spacious open plan casual dining room and family room
- Large undercover outdoor entertaining area overlooking the lake
- Private boardwalk and jetty on Brisbane's only private lake
- 6.4kW Solar System
- Ducted air conditioning throughout
- Vacuum maid system
- Full width sliding door storage in garage
- Automated front gate and security system
- Fully automatic remote control roller blinds in living area
Location:
- Close proximity to river parklands, bike/walking tracks, various public transport facilities, cafes, restaurants, bars & shops
- Short Drive to nearby Mt Ommaney Shopping Centre and Middle Park Shopping Centre
- Located approximately 18km from Brisbane CBD
Education:
- 2.3km to Good News Lutheran School (approx.)
- 2.5km to Jamboree Heights State School (approx.)
- 4.3km to Centenary State High School (approx.)
- 2.9km to Middle Park State School (approx.)
This home is truly an icon of unrivalled luxury with pride of place in one of Westlake's most sought after and unrivalled locations. It is perfectly paired with a bespoke residence beautifully crafted to offer the highest quality.. Get in touch with Jason Yang 0403 217 009 today for further enquiries and to arrange your inspection. Properties like this do not present themselves very often, so make the most of this opportunity.
Disclaimer:
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 Jason Yang, NGU Real Estate Brisbane — reproduced as published, not verified by Districts.