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.
$832,500
Last sold
7 Dec 2020
4
Bedrooms
2
Bathrooms
2
Car spaces
798 m²
Land
250 m²
Building
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
$832,500
7 Dec 2020 · derived via latest_sale
Local land rate: recorded House sales in Westlake (last 5 years) with land size have a median of $1,747/m² of land (n=138). 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
-49.6%
Median sale
Suburb $1,650,444
+2.37 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 Hood Estate AgentsLocated next to the Brisbane river and riverside bushwalk of much sought-after suburb of Westlake, this double storey family home sits on the corner of an exclusive family friendly street and enjoys the constant cool breezes from the river just meters away.
This delightful home is designed by master builder Better Design Homes to offer an abundance of living options with a practical floor plan for the growing family. There are 3 living areas (one located upstairs) and a spacious outdoor verandah downstairs.
The modern kitchen is the hub of the home, with views towards the bushland and river and centrally positioned between the informal living/dining areas and huge separate rumpus. With high raked ceilings and open plan setting, the kitchen boasts quality appliances and plenty of storage space; together with a breakfast bench that creates a relaxed ambiance that anyone will delight in.
Some of the main features include:-
- 4 good-size bedrooms (one downstairs) - all with bamboo timber flooring
- 2 fully renovated bathrooms; 3 toilets
- Master bedroom with walk-in wardrobes and a brand new ensuite
- Separate 3rd living area upstairs making it ideal for parents and teenagers to have their own space
- Spacious covered outdoor area overlooking the river and bushland - perfect for entertainment and the family gatherings
- Large 798 sm allotment with room for a pool
- Remote control double lock up garage with internal access into the house and fully tiled inside
- Well-appointed throughout with 5 split air-conditioning, central ducted vacuumaid system, brand new solar hot water system, 5,000L rain water tank & pump, 3.5 kW solar electric panels, large garden shed, ceiling fans, etc
- Fully fenced with remote control electric main gate
- Low maintenance garden and unaffected by the 2011 floods
With a beautiful tranquil setting to hear the birds chirping away throughout the day and an easy access to the walking track along the Brisbane River, this is a place you will want to call home for a relaxed lifestyle.
Located within 15 km radius from the City, it is easily accessible to bus stops, local schools, child care centres, Park Village (Coles) and Mt Ommaney Shopping Centres, Peter Lightfoot Oval and McLeod Golf and Country Club.
So call Peter Chew today for your private viewing!
Listing description written by Peter Chew, Hood Estate Agents — reproduced as published, not verified by Districts.
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