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QLD › Wacol › Palmer Cres

27 Palmer Cres, Wacol QLD 4076

House

$346,000

Last sold

3 Feb 2021

3

Bedrooms

2

Bathrooms

2

Car spaces

503 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $346,000 (3 Feb 2021).(Recorded sale)
  • FactLand 503 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Wacol (last 5 years) with land size: median $1,117/m² of land (n=27). 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

$346,000

3 Feb 2021 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Local land rate: recorded House sales in Wacol (last 5 years) with land size have a median of $1,117/m² of land (n=27). Districts calculation from recorded sales — not a valuation.

Wacol at a glance

4,618

People

$794,500

Median sale

$495/wk

Median rent

3.24%

Suburb gross yield

Median sale from 14 recorded sales (last 24 months) — a Districts calculation.

See the full Wacol report →

Vs Wacol

-56.5%

Median sale

Suburb $794,500

+4.20 pp

Gross yield

Suburb 3.24%

Suburb median $794,500 from 14 recorded sales (last 24 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

201620182021$303k$346k
  • Sold (recorded)
  1. Sold$346,0003 Feb 2021
  2. Listedprice unknowncompleted29 Oct 2020
  3. Sold$302,50019 Feb 2016
  4. Listedprice unknowncompleted23 Dec 2015

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 $495/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

Wacol in one glance

Wacol at a glance

4,618

People

$794,500

Median sale

$495/wk

Median rent

3.24%

Suburb gross yield

Median sale from 14 recorded sales (last 24 months) — a Districts calculation.

See the full Wacol report →

Keep researching

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

Listing material

Listed by @realty

CALLING ALL INVESTORS AND FIRST HOME BUYERS !!

BRICK HOME WITH AN AMAZING ENTERTAINING DECK !!

This beautiful lowset, brick and tile 3 bedroom home is in a prime position,walking distance to the Wacol train station and located at the end of a cul-de-sac in Wacol - perfect for investors and first home buyers.

The current tenants have been living in the home from 2019, lease ends 06.09.2021 and would like to stay , but would move if new buyers want to move in the property.

Read the full description

For the investor , the current tenant is paying $350.00 per week

This brick and tiled home consists of 3 bedrooms , 2 lounge areas , 2 bathrooms, great size open plan kitchen overlooking a generous outdoor entertainment area .With Fresh paint and floor coverings, this home looks almost new ! Rear large timber deck which enjoys a tranquil outlook and over looking excellent secluded park and golf course - this will be sure to ''WOW' you!

- 503m2 block with fully fenced

- Air Conditioning

- Quiet cul-de-sac street

- Garage converted into a extra living /lounge/office room

- Driveway with potential for off road parking.

- Spacious master bedroom with ceiling fans, built in robes, freshly painted , carpets and curtains

- En-suite bathroom with shower, vanity and toilet

- All other bedrooms have ceiling fans for your comfort , blinds and carpets and built in robe

- Spacious second bathroom with shower, cubicle,bathtub and vanity

- Open plan lounge and dining with air conditioning, vinyl plank flooring and freshly paint

- Large timber deck patio at the rear of the home. Overlooking a lovely park beyond the back gate

- Open plan kitchen with views over the dining /lounge area and of the outside patio

- Separate second toilet

- Long term tenant in place - leased until September 2021

- Mins away from Ipswich Motorway

- Approximately 1.3 km walking distance to the Wacol Train Station

- 25 mins to the Brisbane CBD

- Close to Schools and Transport

-Family/Rumpus Room

- Modern Kitchen

- Solar panels

- Built in Robes

- Entertainment Area

-Scenic Views

- Double carport

- NBN ready

- Shed/s

+ More !

This property will not be here for long, so please call to organise your personal inspection so you don't miss out !

Disclaimer : Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Listing description written by Mohammad Sahadat, @realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Broadband
  • Deck
  • Fully Fenced
  • Outdoor Entertaining
  • Rumpus Room
  • Secure Parking
  • Solar Panels
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.