Coes Creek at a glance
1,601
People
$982,500
Median sale
$624/wk
Median rent
3.30%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
QLD › Coes Creek › Argyle Cres
$840,000
Last sold
5 Apr 2023
4
Bedrooms
1
Bathrooms
4
Car spaces
1,045 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
$840,000
5 Apr 2023 · derived via latest_sale
Local land rate: recorded House sales in Coes Creek (last 5 years) with land size have a median of $1,013/m² of land (n=81). Districts calculation from recorded sales — not a valuation.
Coes Creek at a glance
1,601
People
$982,500
Median sale
$624/wk
Median rent
3.30%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Coes Creek
-14.5%
Median sale
Suburb $982,500
+0.56 pp
Gross yield
Suburb 3.30%
Suburb median $982,500 from 18 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 $624/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
Coes Creek at a glance
1,601
People
$982,500
Median sale
$624/wk
Median rent
3.30%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by exp Australia QLDTucked away at the end of a coveted cul-de-sac on a north-east facing 1045m2 block, is this custom-designed split level brick and tile home, circa 1988, offering family-sized living inside and out, with wonderful charm and warmth, along with potential to renovate to value-add.
Comprising four bedrooms, family bathroom with separate toilet, three separate living areas, alfresco entertaining overlooking sundrenched saltwater pool, country-style kitchen, and double lock-up garage accessed via a split driveway, plus off-street parking for boat/caravan at front of block.
Timber lined cathedral ceilings with exposed beams and open fireplace in sunken lounge, ceiling fans, split system air-conditioning x 1, gas cooktop, stainless steel wall oven, direct poolside access from two of the four bedrooms, floor to ceiling tiles in the bathroom, mixture of exposed brick and timber walls, Balinese poolside hut, and solar power – are all existing features.
The home, when built, would have been an executive-style stunner – and has good bones and a big heart; whilst it is extremely comfortable and liveable 'as is'; you may want to make some updates over time to further boost appeal, whilst maintaining the integrity of its era.
Low maintenance gardens frame the home and despite the size of the block, there is minimal grass to mow, established trees and shrubs including banana trees, and a cosy firepit area – perfect for the cooler months. This is a home for all season entertaining and relaxing; a home to make cherished memories that last forever.
Located in sought-after Coes Creek, a leafy suburb with quality homes, on the outskirts of town, within walking distance to Burnside Shopping Village with Foodworks, bottle shop, cafes/dining, hairdresser, and childcare – plus 20 minutes' walk to St John's College (via Dandenong Street), and five minutes' drive into town; convenience is another box ticked.
Tightly held by investor owner since 2011, current tenants are leaving allowing vacant possession from settlement. This is the type and style of home that can be so elegantly transformed and reimagined to truly shine; it's an absolutely cracking opportunity, not to be missed…savvy buyers will immediately recognise the potential!
Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.
Listing description written by Leigh Martinuzzi, exp Australia QLD — reproduced as published, not verified by Districts.