Springfield Lakes at a glance
18,857
People
$982,500
Median sale
$696/wk
Median rent
3.68%
Suburb gross yield
Median sale from 136 recorded sales (last 12 months) — a Districts calculation.
QLD › Springfield Lakes › Colorado Dr
$833,000
Last sold
15 Sept 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
336 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
$833,000
15 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in Springfield Lakes (last 5 years) with land size have a median of $2,319/m² of land (n=162). Districts calculation from recorded sales — not a valuation.
Springfield Lakes at a glance
18,857
People
$982,500
Median sale
$696/wk
Median rent
3.68%
Suburb gross yield
Median sale from 136 recorded sales (last 12 months) — a Districts calculation.
Vs Springfield Lakes
-15.2%
Median sale
Suburb $982,500
+0.66 pp
Gross yield
Suburb 3.68%
Suburb median $982,500 from 136 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 $696/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
Springfield Lakes at a glance
18,857
People
$982,500
Median sale
$696/wk
Median rent
3.68%
Suburb gross yield
Median sale from 136 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RealWay EdgePerfectly positioned in the heart of Springfield Lakes, 21 Colorado Drive presents an inviting blend of comfort, practicality, and lifestyle appeal. This low-maintenance home boasts a functional layout ideal for growing families or savvy investors, featuring a modern kitchen with stainless steel appliances, a light-filled dining area, and well-appointed bathroom finishes. The neutral palette throughout adds a timeless feel, while sliding doors invite easy indoor-outdoor flow.
Enjoy year-round comfort with air-conditioning and ceiling fans, and appreciate the added touches such as security screens, a dedicated laundry space, and a secure backyard. Located within a short distance to schools, shops, and parks, this home offers both lifestyle and convenience in one of the area's most established and sought-after pockets.
Property Features:
• 4 Bedrooms, all with built-ins and ceiling fans
• Main bathroom includes bathtub, perfect for families
• Spacious master suite with walk in robe and separate ensuite, and air conditioning
• Spacious modern kitchen with double sink and dishwasher
• Open-plan dining and living with air-conditioning
• Covered outdoor area and fully fenced yard
• Secure double garage with internal access
• Security screens throughout
• Neutral tiles
Location Highlights:
• 8 minutes to Orion Springfield Central
• 8 minutes to Springfield Central Train Station
• 5 minutes to Springfield Central State School
• 7 minutes to USQ Springfield Campus
• 6 minutes to Mater private Hospital
• Easy access to Centenary Highway and public transport
* New development happening in the area - https://thegreaterspringfieldtimes.com.au/grande-plans-for-new-shopping-centre/
Please register your interest with Sunil on 0432 073 644 or Lalit on 0430 341 442 for further information or to arrange an inspection.
Need Financial Advice? Talk to us about our Mortgage & Finance Service. Take advantage of our complimentary in-house finance check for all buyers considering a purchase.
Disclaimer:
Information provided by RealWay edge, it's employees and related parties is a general outline for the guidance of intending purchasers or tenants and does not constitute in whole or in part an offer or a Contract. The images in this advertisement may include virtually staged photographs to show furnishing options and should not be relied upon as exact representations of the property's current condition. Reasonable endeavors have been made to ensure that the information given is materially correct, but any intending purchaser or tenant should satisfy themselves by inspection, searches, enquiries, and survey as to the correctness of each statement. We recommend that you obtain financial, legal and taxation advice before making any decision.
Listing description written by Sunil Shrestha, RealWay Edge — reproduced as published, not verified by Districts.