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.
QLD › Westlake › Horizon Dr
$609,500
Last sold
12 Feb 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
411 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
$609,500
12 Feb 2021 · 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
-63.1%
Median sale
Suburb $1,650,444
+4.13 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 AgentsSituated in the much-sought suburb of Westlake, this property occupies an elevated 411 sm allotment and showcases quality and functionality at every turn. A stunning low set home with a functional floor plan that combines both a stylish contemporary space whilst being sympathetic to the needs of a young growing family. The cherry on the cake is that FIRST HOME BUYERS MAY QUALIFY FOR THE FIRST HOME OWNERS' GRANT OF $15,000 (subject to approval) as this home has been substantially renovated.The attention to detail and care that has gone into this renovation quickly becomes apparent the moment you step in and greeted by a stunning brand new kitchen with stone bench tops, black quartz sink, tiled splashback, soft-closing cabinetry, integrated dishwasher, Bosch quality appliances and complimented by a bright modern colour scheme and an abundance of natural light.The master bedroom is positioned at the rear of the home, providing a sense of privacy and comes complete with a lovely ensuite with dual sinks and large shower.Other main features include :-• 3 bedrooms plus study/nursery (potential 4th bedroom)• 2 fully renovated bathrooms (main bathroom and ensuite)• Entire house electrically re-wired and all fittings and switches upgraded• Hard wired smoke detectors & LED downlights installed• New split air-conditioner & timber laminate flooring in living/dining areas• New carpets and ceiling fans to all bedrooms• New steel frame double carport with sensor lights• Exterior and internal walls, roof, gutters and downpipes all repainted• Low maintenance landscaped front and backyard Unaffected by the 2011 floodsConveniently located within a 600m leisurely walk to the tranquil riverside walkway along the Brisbane River, it is also situated less than a 5-minute drive to 3 great schools ( Middle Park, Jamboree Heights and Good News Primary Schools), McLeod Country Golf Club, Park Village and Mt Ommaney Shopping Centres, child care centres and Peter Lightfoot Oval.The main aspect of this home is the attention to detail that the owner has gone to; there is nothing left for you to do except to move in, unpack and enjoy living in this wonderful home. This is low maintenance living at its best.So call Peter Chew today for more details and secure this delightful home before it is too late! This is a stunning home that is as practical as it is impressive.
Listing description written by Peter Chew, Hood Estate Agents — reproduced as published, not verified by Districts.