Plainland at a glance
2,395
People
$930,000
Median sale
$588/wk
Median rent
3.29%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
QLD › Plainland › Richmond Tce
$690,000
Last sold
12 July 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
602 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
$690,000
12 July 2024 · derived via latest_sale
Local land rate: recorded House sales in Plainland (last 5 years) with land size have a median of $190/m² of land (n=86). Districts calculation from recorded sales — not a valuation.
Plainland at a glance
2,395
People
$930,000
Median sale
$588/wk
Median rent
3.29%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs Plainland
-25.8%
Median sale
Suburb $930,000
+1.14 pp
Gross yield
Suburb 3.29%
Suburb median $930,000 from 23 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 $588/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
Plainland at a glance
2,395
People
$930,000
Median sale
$588/wk
Median rent
3.29%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Image Property Brisbane Northside* NEAR-NEW LOWSET BRICK FOR SALE BY ORIGINAL OWNER
* BUILT IN 2018 BY HALLMARK HOMES
* GENEROUS 602SQM BLOCK WITH EASY ACCESS TO REAR YARD
* ENORMOUS COVERED OUTDOOR SPACE STRETCHES ALONG THE HOME
* MODERN KITCHEN WITH STONE BENCHTOPS AND GOOD STORAGE
* AIR CONDITIONED LIVING/DINING SPACE IS AN EXCELLENT SIZE
* FOUR BEDROOMS, ALL TILED FOR LOW-MAINTENANCE LIVING
* MASTER BEDROOM WITH SPLIT SYSTEM A/C, ENSUITE, WALK-IN ROBE
* MODERN FAMILY BATHROOM WITH SEPARATE TUB
* CURRENTLY TENANTED UNTIL FEB 2025 FOR $585PW
* RENTAL APPRAISAL UPON LEASE RENEWAL - $620-$680PW
Built only a handful of years ago by quality builder Hallmark Homes, this lowset brick home represents a fantastic addition to any investment portfolio. There are tenants are currently in place paying $585pw until February 2025, and the current rental appraisal is $620-$680pw showing outstanding potential for higher returns (formal appraisal letter available on request).
Once inside you will find that the central living/dining space is a great size and comes equipped with split system air conditioning. Overlooking this space is the modern kitchen, which comes with stone benchtops and a good amount of storage space to satisfy the resident chef.
There are four bedrooms in total, all of which come with built-in wardrobes and are tiled, making them as low-maintenance as can be. The master bedroom is air conditioned, too, and comes with a walk-in wardrobe and a private ensuite, while a second bathroom services the remainder of the home.
The outdoor area that runs down the side of the home is truly an impressive size, coming in at approx. 45m2 of fully sheltered space and taking best advantage of views to the northern mountains over the adjoining properties. The yard is a fantastic size and offers easy vehicle access with the simple addition of some gates, making the installation of a shed and/or swimming pool a very attractive option (subject to Council approval, of course!)
This is all located just a stone's throw from local amenities, including a Woolworths supermarket, doctors, the pub and even Bunnings Warehouse! Schooling options are Warrego Highway access is a breeze which takes you straight through to Toowoomba ~40 minutes, Ipswich ~25 mins or Brisbane ~60 mins.
Contact Alex or Del for more information on this amazing property or to register your interest.
Listing description written by Alex Sparrow, Image Property Brisbane Northside — reproduced as published, not verified by Districts.