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QLD › Gilston › Banjo Cres

27 Banjo Cres, Gilston QLD 4211

House

$900,000

Last sold

23 July 2023

4

Bedrooms

2

Bathrooms

2

Car spaces

643 m²

Land

191 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $900,000 (23 July 2023).(Recorded sale)
  • CalculationRecorded House sales in Gilston (last 5 years) with land size: median $1,512/m² of land (n=76). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$900,000

23 July 2023 · derived via latest_sale

Local land rate: recorded House sales in Gilston (last 5 years) with land size have a median of $1,512/m² of land (n=76). Districts calculation from recorded sales — not a valuation.

Gilston at a glance

3,008

People

$1,390,000

Median sale

$739/wk

Median rent

2.76%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Gilston report →

Vs Gilston

-35.3%

Median sale

Suburb $1,390,000

+1.51 pp

Gross yield

Suburb 2.76%

Suburb median $1,390,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$900,00023 July 2023
  2. Listedprice unknowncompleted30 June 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $739/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Gilston in one glance

Gilston at a glance

3,008

People

$1,390,000

Median sale

$739/wk

Median rent

2.76%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Gilston report →

Keep researching

  • Why Gilston? Read the area thesis →
  • What else is on the market in Gilston →
  • Other records on Banjo Cres →

Listing material

Listed by McDermott Residential Gold Coast

Quality, Spacious Family Home - Peaceful Rural Retreat-Style Location

Surrounded by quality homes on generous allotments, this stylish single level home is ideal for your family and the smart investor seeking a well-built, low maintenance home with extra space for all the crew. Nestled within the Longhill Rise estate in the charming, leafy green semi-rural suburb of Gilston, this immaculate home offers the perfect blend of modern, stylish living, space, comfort and serenity all within minutes of the beaches and attractions of the fabulous Gold Coast.

The intelligent design is immediately evident on entry, drawing you to the two separate living areas, central kitchen and level rear yard. Generous in proportion with high ceilings throughout the entire home, a formal living area is nicely separated from the air conditioned open plan living and dining area, which flows to the rear alfresco area under main roof. The kitchen is ideally positioned for entertaining in style, easily catering to indoor/outdoor dining all year round and boasting ample bench space and corner pantry. Enjoy outdoor gatherings as you keep an eye on kids and pets in the yard, with ample room for pool if desired.

All bedrooms are King-Size with built-in robes and fans, the master suite is also nicely separated for privacy and boasts walk-in robe and stylish ensuite. The main bathroom features separate bath and shower plus separate W/C, easily accessible from the alfresco area. An office nook with built-in desk is large enough for 2 doing homework together and completes the picture of space and modern functionality.

Read the full description

The generous, elevated 643m2 allotment is fully fenced at sides and rear, with gated side access for boat, trailer or van. The outstanding location is easily accessible, very peaceful and close to schools, shops and modern conveniences.

Additional features include: -

* Quality new painted exterior, colourbond roof, no rear neighbours

* Stylish modern decor, tiled and carpeted flooring throughout

* Air conditioned living area, high ceilings and fans in all rooms

* All bedrooms King-Size with built-in robes, master with WIR & ensuite

* Separate formal and casual living areas + alfresco under main roof

* Generous 643m2 lot, NE facing rear yard gated side access for van/boat/trailer/toys

* Gas HWS can be connected to kitchen if required, 3000ltr water tank

* Secure family tenants in place to March 2024, with high demand in this location

You will love coming home to this Gold Coast rural style location, yet you'll be home before you know it. The Gilston State School is only 1km away, Nerang SHS 3.4km or slip back into Mudgeeraba, Robina Town Centre and a host of private schools all within 10 minutes. The M1 motorway is easily accessible and only 4 - 5 minutes away, so you can be at the beach or Broadbeach, Pacific Fair or Star Casino in 20 minutes.

An excellent quality-built home with style and space, this represents outstanding value and just makes perfect sense while securing your family's future. Call now for more information and to arrange a private inspection.

Listing description written by Dennis McDermott, McDermott Residential Gold Coast — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Living Areas: 2
  • Outdoor Entertaining
  • Remote Garage
  • Study
  • Toilets: 2
  • Water Tank
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.