Hillcrest at a glance
7,451
People
$929,000
Median sale
$614/wk
Median rent
3.44%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
$475,000
Last sold
19 Mar 2021
5
Bedrooms
3
Bathrooms
2
Car spaces
622 m²
Land
Districts View
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
$475,000
19 Mar 2021 · derived via latest_sale
Local land rate: recorded House sales in Hillcrest (last 5 years) with land size have a median of $1,245/m² of land (n=96). Districts calculation from recorded sales — not a valuation.
Hillcrest at a glance
7,451
People
$929,000
Median sale
$614/wk
Median rent
3.44%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Vs Hillcrest
-48.9%
Median sale
Suburb $929,000
+3.28 pp
Gross yield
Suburb 3.44%
Suburb median $929,000 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Logan Planning Scheme 2015
Zone
Low Density Residential
Low Density Residential
Jurisdiction
Logan City Council
Logan, QLD
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
QLDZoned Low Density Residential (Logan Planning Scheme 2015). Official parcel area about 626 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $614/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low Density Residential (Logan Planning Scheme 2015). Official parcel area about 626 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 626 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Hillcrest at a glance
7,451
People
$929,000
Median sale
$614/wk
Median rent
3.44%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Avenue PropertyALL PROPERTIES GROUP & EMMA WALTER SOLD…
- | 23 Park Close, Hillcrest | -
5 Bedrooms in the heart of Hillcrest!!
Set in a lovely quiet cul-de-sac in the heart of Hillcrest, this 5 Bedroom home is bright and immaculately presented with large contemporary tiles to the living areas. This versatile family home offers the freedom to bring extra family members to make use of its potential dual living areas. This really is a great place for all the family to enjoy, and being positioned at the end of the Cul-de-sac creates a safe place for kids to play.
This well-presented home has been freshly painted, and the neutral colour palette enables the lucky buyer to add their own personal mark with ease. Through the main entry, you are greeted with a large open plan lounge/dining, galley kitchen with electric cooktop and ample cupboards. While preparing a meal for the family or guests, you still have views of the covered entertaining area. The Master bedroom features an ensuite, built-ins and ceiling fan. The other four bedrooms also have ceiling fans, built-ins and easy access to the toilet and main bathroom.
The hidden gem of this property is the Multipurpose room/potential dual living that has been transformed from the double garage. It has its own entrance, separate living areas, bedroom and bathroom. This could provide comfortable living for elderly parents or an awesome studio space for teens.
Light-filled living spaces flow out to the covered pergola, perfect for all year round entertainment. Moving further on leads you to a large private, fully fenced back yard, backing onto bushland. There is so much space to enjoy as is or put a pool in, whatever you choose. There are an array of handy convenience stores, schools within walking distance, and Grand Plaza is a short drive away.
Features in this beautiful home include:
*5 Bedrooms, 3 Bathrooms (including 2 ensuites)
*All bedrooms have ceiling fans and built-in wardrobes.
*Multipurpose rooms including bathroom and bedroom
*Galley kitchen with electric cooktop, newly installed range hood, and loads of cupboard space
*Covered entertaining area
*Great sized yard
*Garden shed
*Situated on a spacious 622 sqm Block
*Security screens
*Freshly painted
*Internal laundry
*Attached to the home is multipurpose rooms great for teenagers or parents.
*Double carport
*Built 2004
*Rates $ 973.19 p/quarter inc water
*Just a small drive to the Logan Motorway, you will be at the Gold Coast in no time.
Call today to make a private inspection or I look forward to seeing you at the open home.
Due to the current COVID-19 situation and health and safety, social distancing still applies when attending inspections.
Disclaimer:
All information provided has been obtained from sources we believe to be accurate.
However, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions.
(including but not limited to a property's land size, floor plans and size, building age and condition)
Interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Emma Walter, Avenue Property — reproduced as published, not verified by Districts.