Terranora at a glance
3,557
People
$1,547,500
Median sale
$1,054/wk
Median rent
3.54%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
$1,276,000
Last sold
5 Nov 2022
4
Bedrooms
2
Bathrooms
6
Car spaces
2,000 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
$1,276,000
5 Nov 2022 · derived via latest_sale
Local land rate: recorded House sales in Terranora (last 5 years) with land size have a median of $959/m² of land (n=127). Districts calculation from recorded sales — not a valuation.
Terranora at a glance
3,557
People
$1,547,500
Median sale
$1,054/wk
Median rent
3.54%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Vs Terranora
-17.5%
Median sale
Suburb $1,547,500
+0.76 pp
Gross yield
Suburb 3.54%
Suburb median $1,547,500 from 34 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.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $1,054/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Terranora at a glance
3,557
People
$1,547,500
Median sale
$1,054/wk
Median rent
3.54%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Tate Brownlee Real EstateAuction Location: On-Site
Situated in the exclusive suburb of Terranora, on almost half an acre block, Welcome to 24 Parkes Lane.
This stunning single level home has a private set back position with a green canopy lining either side of the property. There is an architecturally designed formal living with vaulted ceilings, drenched in sunshine from the sky light with adjacent formal dining, ideal for the avid entertainers. It comes complete with wet bar and storage.
The kitchen is well equipped with electric cooking appliances and dishwasher as well as stone benchtops and an open plan living dining space which flows effortlessly onto the undercover outdoor entertaining space, overlooking the large saltwater pool and tiered yard. This is the optimal spot for enjoying the afternoon sunsets with views over the Broadwater out to the ocean.
Offering four substantial carpeted bedrooms with ceiling fans throughout this home is perfect for families. The master boasts a large renovated ensuite with walk in robe, 'his and her' vanity, and spa bathtub. The main bathroom enjoys a modern design with stone vanity, bathtub, and separate toilet.
The house features its own workshop space in the double lock up garage, with ample off-street parking and side access for storing boats or trailers. It has a freshly painted and repointed roof ready for you to move straight in! This residence truly has all the 'I wants'. We look forward to welcoming you at the open home.
@ Tate Brownlee Real Estate We Open The Doors To Your Future!
• 2000m2 Block
• Ocean, Broadwater & Surfers Paradise Skyline Views
• Saltwater pool
• North facing
• Undercover entertaining area
• Fully fenced rear yard
• Double garage plus off-street parking for boat, caravan, and trailer
• Ducted A/C throughout
• Ceiling fans throughout
• Vaulted ceilings
• Storage shed 3m2
• Second smaller storage shed in yard
• Beautiful tree canopy offering complete privacy
• Stainless steel appliances including Smeg dishwasher
• Ample interior storage space
• Town water & sewerage
• Repointed & repainted roof
• Skylights in living & en-suite
• Walkway garden
• 3 private schools located within 5 kms, including the prestigious Lindisfarne
• 4 public schools within 5kms
• IGA, Coles, Woolworths all within 5kms
DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.
** Attention Clients: Due to the current COVID-19 pandemic we are here to ensure the safety and health of our buyers, sellers & tenants. Social distancing will be applied upon any inspections and we will run through a list of questions and rules before entering the home.
Listing description written by Tate Brownlee, Tate Brownlee Real Estate — reproduced as published, not verified by Districts.