Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
QLD › Westlake › Maribor St
$1,128,888
Last sold
24 Aug 2022
5
Bedrooms
3
Bathrooms
3
Car spaces
964 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
$1,128,888
24 Aug 2022 · derived via latest_sale
Local land rate: recorded House sales in Westlake (last 5 years) with land size have a median of $1,750/m² of land (n=137). Districts calculation from recorded sales — not a valuation.
Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Westlake
-31.6%
Median sale
Suburb $1,650,444
+1.12 pp
Gross yield
Suburb 2.41%
Suburb median $1,650,444 from 16 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 $766/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
Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by NGU Real Estate BrisbanePriced to sell and all written offers considered. Located in a magnificent neighbourhood renowned for its exceptional lifestyle advantages, this home is exclusively positioned in one of the most coveted and tightly held pockets in Westlake. This beautiful recently renovated residence is one of relaxed contemporary style, comfort, and classical charm.
Situated on 964m2 allotment, it showcases a striking mixture of classic charm and modern appeal. This immaculately presented full brick haven sets the scene for year-round entertaining with a myriad of spacious living zones, multiple outdoor settings, and a warm and welcoming ambience. Impeccably presented and featuring a modern-day layout superbly zoned with indoor-outdoor living and entertaining the focus, it was designed to take advantage of a sundrenched north-easterly aspect.
Designed for everyday ease, the ground floor encompasses formal and casual living spaces, a studio, formal and casual dining area, and a well-appointed open plan kitchen featuring ample storage and quality appliances. From the kitchen, it opens to a tranquil covered alfresco dining and entertainment area that looks over the massive, lush level garden with its expansive lawn area and huge pool.
The residence provides a versatile floor plan with an abundance of living and breakaway spaces ideal for the changing needs of family life. A fully self-contained studio is located towards the front of the residence. It has a separate entrance and full-sized bathroom, would be ideal for those looking to run a small business from home or a dedicated 'teenager's retreat' or 'guest wing' with room for a kitchenette to be added (subject to approvals).
Wonderfully private and secure, this immaculate double brick home has been extensively renovated and is primed for relaxed modern living. The generous and lush front garden will instantly catch your eye, as will the internal space which is attested to by the immense formal lounge which enjoys a wood-fired fireplace. Adjacent is the formal formal dining area which flows seamlessly into the large spacious kitchen area and outdoor entertaining alfresco area.
The amount of living space and privacy make this the prefect home for a growing family.
Key Features:
- Multiple living areas designed for privacy and separation perfectly cater to everyday family life and entertaining.
- Generous master suite enjoying a walk-in robe and recently renovated ensuite and access to a private balcony.
- Characteristic wrap around verandas on the ground level
- Self-contained Home office, fifth bedroom, 'teenager's retreat' or 'guest wing' with full bathroom.
- Quality solid brick home
- Ducted aircon & Ceiling fans
- Solar panels
- Undercover carport for 2 cars at the rear
- Large shed
- Water tank
- Fully renovated kitchen & bathrooms
- Flood free location
- Ideal for growing families and multi-generational living
Location:
· Close proximity to river parklands, bike/walking tracks, various public transport facilities, cafes, restaurants, bars & shops
· Short Drive to nearby Mt Ommaney Shopping Centre and Middle Park Shopping Centre
· Located approximately 14km from Brisbane CBD
Education:
· 1.7km to Good News Lutheran School (approx.)
· 2.1km to Jamboree Heights State School (approx.)
· 4.0km to Centenary State High School (approx.).
Built to provide years of joyful family memories, an exceptionally rare offering in the most sought-after and tightly held pockets of Westlake, this is not an opportunity to be missed. Get in touch with Jason Yang 0403 217 009 today for further enquiries and to arrange your inspection. Properties like this do not present themselves very often, so make the most of this opportunity.
Please disregard any pricing advice previously obtained and contact us directly.
Disclaimer:
All information contained herein is gathered from sources we consider to be reliable however we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
Listing description written by Jason Yang, NGU Real Estate Brisbane — reproduced as published, not verified by Districts.