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 › Tarrabool St
$1,558,888
Last sold
27 May 2023
5
Bedrooms
3
Bathrooms
2
Car spaces
810 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
$1,558,888
27 May 2023 · derived via latest_sale
Local land rate: recorded House sales in Westlake (last 5 years) with land size have a median of $1,744/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
-5.5%
Median sale
Suburb $1,650,444
+0.15 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 BrisbaneAuction Location: On-site
Nestled in a highly desirable, quiet cul-de-sac of Westlake, this updated home is a stunning retreat of uncompromising quality, offering luxury living along Brisbane's only private lake. Every inch of its interior is a masterclass in style, with premium finishes and unmatched architectural design coming together to create a breathtaking home for those seeking space and grandeur. Situated only 18.7km from Brisbane CBD and with direct lakefront access, this home provides a rare living experience without sacrificing convenience.
Upon entering the home, you'll be greeted by a grand foyer featuring stunning hardwood floors, high ceilings, and elegant chandeliers that cast a warm glow across the space. The natural light that floods the room adds to the welcoming ambiance, making you feel right at home from the moment you step inside. Spread over two levels, this home provides ample space for the entire family to spread out and relax. The open floor plan creates a seamless flow from the living areas to the spacious kitchen, which is perfect for both family gatherings and entertaining. With floor-to-ceiling glass doors leading out to the lakeside entertaining area, you can enjoy stunning views while cooking up a storm in the kitchen.
One of the standout features of this home is the covered outdoor entertaining retreat, which boasts a patio, an alfresco deck and kitchenette, all while enjoying premium lake frontage. Adjacent to the deck, the pool and spa are perfect for a refreshing dip, complete with a cascading fountain and built-in lights to set the mood. Take advantage of the direct access to Brisbane's only private lake for more recreational activities, and spend time on a kayak, canoe or paddle board. The ground floor bedroom offers a stunning retreat for guests and doubles as a spacious study space, with beautiful bi-folding glass doors providing direct access to the alfresco deck and captivating lakeside views. Upstairs, the four generously sized bedrooms are equipped with built-in wardrobes, with the master bedroom featuring access to a private ensuite.
With five bedrooms, a living room, dining room, rumpus room, and a lakeside retreat, this home provides ample indoor and outdoor relaxation and entertaining spaces. It is the perfect home for those who seek sophistication and grandeur, without sacrificing comfort and relaxation. If you're looking for the ultimate luxury living experience with rare access to Brisbane's only private lake, this is not an opportunity to be missed.
What we love
Private lakeside views and direct water access with non-motorised activities allowed
5 bedrooms, 3 bathrooms and 2 garage spaces
Rumpus room and multiple living spaces
Split system air conditioning in the master bedroom, formal lounge, and ground floor bedroom and ducted air conditioning in all other rooms upstairs
Underground water tank with 35,000L capacity
Northeast aspect captures prevailing breezes all year round
Privacy and heat reflective window tinting on all bedroom windows
Built in security and vacuum systems
Fully-fenced inground pool and spa
Glass bi-folding doors that seamlessly blend indoor and outdoor areas
EV Charger ready
Miele kitchen appliances included
Location
Close proximity to river parklands, boat ramps, bike/walking tracks, various public transport facilities, cafes, restaurants, bars & shops
Short Drive to nearby Mt Ommaney Shopping Centre and Middle Park Shopping Centre
Approximately 18.7km to Brisbane CBD
Education:
2.6km to Good News Lutheran School (approx.)
2.8km to Jamboree Heights State School (approx.)
3.3km to Middle Park State School (approx.)
4.7km to Centenary State High School (approx.)
4.9km to Jindalee State School (approx.)
With premium lake frontage in one of Westlake's most desirable pockets, this stunning residence will become your peaceful retreat from the everyday. An exceptionally rare offering in one of the most desired cul-de-sacs in Brisbane's Westside, this is not an opportunity to be missed. Get in touch with Jason Yang on 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.
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.
Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes
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.