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 › Cascades St
$1,290,000
Last sold
31 Jan 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
448 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
$1,290,000
31 Jan 2026 · 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
+31.3%
Median sale
Suburb $982,500
-0.87 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 Harcourts AscotPositioned in a quiet and established pocket of Springfield Lakes, 23 Cascades Street is a thoughtfully designed family home that seamlessly blends architectural character with relaxed, everyday living.
From the moment you enter, the home's defining feature is immediately apparent. A striking line of louvres running the length of the hallway and opening into the main living and dining zones. This clever design floods the home with natural light and airflow, creating a bright, open and welcoming atmosphere throughout the heart of the home.
The open-plan kitchen, living and dining area connects effortlessly to a spacious outdoor entertaining patio, making it ideal for hosting family and friends year-round. Overlooking the large swimming pool, this outdoor zone creates a true resort-style setting, perfect for summer afternoons, weekend gatherings or quiet evenings at home.
Accommodation is well considered, offering four generous bedrooms and excellent separation for family living. The master suite includes its own ensuite and walk-in robe, while the remaining bedrooms are serviced by a central bathroom. A separate powder room adds further convenience for guests.
With its architectural detail, functional layout and strong indoor-outdoor connection, this home offers an exceptional lifestyle opportunity for families seeking space, light and comfort in one of Springfield Lakes' most desirable locations.
Property Highlights:
• Four well-proportioned bedrooms, including a master with an ensuite and walk-in robe
• Two bathrooms plus an additional powder room
• Architectural louvres creating exceptional natural light and airflow
• Open-plan kitchen, living and dining areas
• Seamless connection to a large covered outdoor entertaining patio
• Resort-style swimming pool
• Well-designed layout ideal for family living and entertaining
• Positioned in a quiet, established Springfield Lakes street
Location Highlights:
• 400 m-800 m to multiple local schools (Good Shepherd Catholic Primary, St Peter's Lutheran College, The Springfield Anglican College)
• 800 m to Spring Lake Village & Spring Lake Metro local shops
• 3.2 km to Orion Springfield Central Shopping Centre
• 3.2 km to Springfield Central Train Station
• 3.5 km to Robelle Domain Parklands
• 3.5 km to Mater Private Hospital Springfield in Springfield Central
Experience the light-filled design and poolside lifestyle for yourself. Contact Anton Prestigiacomo for further details.
Disclaimer:
This property is being sold at auction or without a price, and therefore, a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
While every effort has been made to ensure the accuracy of the information provided, neither the agent nor the vendor accepts responsibility for any errors, omissions, or misstatements. All interested parties should make their own enquiries to verify the information contained in this advertisement.
Listing description written by Anton Prestigiacomo, Harcourts Ascot — reproduced as published, not verified by Districts.