Meringandan West at a glance
3,256
People
$890,000
Median sale
$661/wk
Median rent
3.86%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
QLD › Meringandan West › Peters Rd
$851,000
Last sold
23 May 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
4,000 m²
Land
162 m²
Building
Districts View
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
$851,000
23 May 2025 · derived via latest_sale
Local land rate: recorded House sales in Meringandan West (last 5 years) with land size have a median of $304/m² of land (n=87). Districts calculation from recorded sales — not a valuation.
Meringandan West at a glance
3,256
People
$890,000
Median sale
$661/wk
Median rent
3.86%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Vs Meringandan West
-4.4%
Median sale
Suburb $890,000
+0.18 pp
Gross yield
Suburb 3.86%
Suburb median $890,000 from 39 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 $661/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
Meringandan West at a glance
3,256
People
$890,000
Median sale
$661/wk
Median rent
3.86%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Image RealtyUNDER OFFER in 48 hrs !
Set on a generous 4,000m² block in a quiet pocket of Meringandan West, this well-designed family home delivers space, practicality, and room to grow. Whether you're looking for your first home or a solid investment, this property ticks all the boxes.
At the heart of the home is the spacious kitchen, featuring a large buffet island, modern appliances, and a walk-in pantry, ideal for meal prep, entertaining, or casual dining. The open-plan design flows seamlessly into the dining and lounge areas, creating a bright and inviting space for family connection. A separate living room adds flexibility, whether you need a second lounge, playroom, or home theatre.
The master suite is a private retreat, complete with air-conditioning, a walk-in robe, and an ensuite. The additional three bedrooms all have built-in robes and ceiling fans for year-round comfort. Outside, the expansive backyard offers endless possibilities for a shed, a pool, or even future subdivision potential.
Features You'll Love:
• Spacious open-plan living and dining area
• Separate Living room for added flexibility
• Well-appointed kitchen with ample storage and a walk in pantry
• Generous master suite with ensuite & walk-in robe
• Three additional bedrooms with built-ins & ceiling fans
• Reverse cycle air-conditioning in the main living & master bedroom
• Remote-controlled double garage with internal access
• 4,000m² block with side access
• Positioned on the top half of the block, offering future potential
Investment Potential:
• Currently leased at $600 per week until early May 2025
• Strong rental returns with potential for future increases | Rental Appraisal $690-$720 per week
• Situated in a thriving and highly sought-after area
With a peaceful location and room to make it your own, this property is an excellent choice for those looking to settle in or invest in a growing area.
Interested? Contact Andrew Kenman & Libbie Hay at 0409 570 124 today to schedule a viewing and explore all that this property has to offer. Don't miss out on this fantastic opportunity!
Disclaimer: Image Realty Ipswich has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement. All distances, measurements and timeframes contained within this advertisement are approximate only. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Listing description written by Andrew Kenman, Image Realty — reproduced as published, not verified by Districts.