Gumdale at a glance
2,392
People
$1,970,000
Median sale
$799/wk
Median rent
2.11%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
QLD › Gumdale › Formosa Rd
4
Bedrooms
2
Bathrooms
6
Car spaces
10,100 m²
Land
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
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
No recorded sale price for this property yet.
Gumdale at a glance
2,392
People
$1,970,000
Median sale
$799/wk
Median rent
2.11%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
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 $799/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
Gumdale at a glance
2,392
People
$1,970,000
Median sale
$799/wk
Median rent
2.11%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX First ResidentialHidden privately on an elevated 2.5 acre estate framed by serene native bushland and tropical gardens, this classic brick family home presents an outstanding opportunity for the astute buyer to capitalise on this stellar location in a tightly held pocket of Gumdale. Entering the market for the first time since 1989, the original home is ripe for transformation or is an ideal site to build a bespoke acreage retreat.
The prime, prestigious Gumdale location offers the ultimate in acreage living with urban convenience. Eastside Village is close by with shopping and cafes and the property is within moments of quality private and public schools including the ever popular Gumdale State School and Moreton Bay Girls and Boys Colleges. The Lota foreshore, Manly Boat Harbour and the Wynnum CBD are only a few minutes' drive away. The home is in proximity to city-bound bus transport, convenient to Westfield Carindale, and has effortless access to both the Port of Brisbane and Gateway Motorways and Brisbane Airport.
- 10,100m2 or 2.5 acres of prime, picturesque, acreage living
- Gumdale's high capital growth assures return on investment for renovations, extensions or new build
- Rear north-facing block
- Completely private and serene, the home is set well back from the road and positioned out of sight of neighbours
- Existing home allows you to live comfortably for now, while offering scope for blending its timeless traditional features with contemporary renovations or extensions in the future
- Classic brick exterior, steel frame construction, a second story could be added
- Alternatively, demolish the existing home and build your own dream design, taking advantage of services running deep into the property being already in place
- Wide wrap around verandahs offer a place to relax in all weathers
- Practical kitchen with generous storage options and breakfast bar overlooks landscaped gardens
- Two separate and distinct living areas flow to the outdoors via sliding doors
- Light filled living and dining area is airconditioned
- Large windows used throughout the home capturing breezes from all directions
- King sized Master bedroom, ensuite, built in robes
- 3 additional spacious bedrooms, built in robes
- Main bathroom with shower, separate toilet
- Family sized laundry, plenty of bench space and storage, direct access to outdoors
- Ample integrated storage throughput
- 4 bay secure lock up steel frame shed, remote controlled doors, plenty of room for tools and storage
- Additional high and extra wide 2 bay carport which can easily accommodate boats, caravans, or machinery
- Expansive driveway/ entrance for additional parking
- Hard-packed, level ground close to shed provides an area for machinery and heavy vehicles if required
- The self-contained granny-flat in the garage building provides you with extra space and flexibility for living or ideal home office
- Granny flat has spacious living area, generous kitchen, large bathroom, bedroom with WIR, direct access to a huge, fenced patio and pool area
- Sparkling pool set privately into the bush setting and tropical gardens
- Clay tennis court awaiting restoration
- 5kw solar
- Fully secure
Listing description written by Matthew Griffiths, RE/MAX First Residential — reproduced as published, not verified by Districts.