Cedar Grove at a glance
2,301
People
$1,125,000
Median sale
$699/wk
Median rent
3.23%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
QLD › Cedar Grove › Cedar Grove Rd
$419,000
Last sold
12 July 2016
4
Bedrooms
2
Bathrooms
2
Car spaces
4,013 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
$419,000
12 July 2016 · derived via latest_sale
Local land rate: recorded House sales in Cedar Grove (last 5 years) with land size have a median of $182/m² of land (n=18). Districts calculation from recorded sales — not a valuation.
Cedar Grove at a glance
2,301
People
$1,125,000
Median sale
$699/wk
Median rent
3.23%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Vs Cedar Grove
-62.8%
Median sale
Suburb $1,125,000
+5.44 pp
Gross yield
Suburb 3.23%
Suburb median $1,125,000 from 6 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 $699/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
Cedar Grove at a glance
2,301
People
$1,125,000
Median sale
$699/wk
Median rent
3.23%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate Jimboomba QLDEnjoying an elevated position on the fringe of the Cedar Grove, with views to Flinders Peak, your acreage living opportunity beckons with plentiful space both inside and out, with the added bonus of the pool, the shed and easy access for more, when the time is right.
A study plus 4 double sized bedrooms await your inspection, each with a double built-in with the exception of the master bedroom which has the benefit of a walk-in robe and an en-suite.
Two large separate living areas offer plenty of room for lounge, family meals and perhaps more, radiating in separate directions from the central kitchen which benefits from the control of gas cooking (electric oven), complimented well by plenty of bench space and views out over the back yard.
The in-ground salt pool is sure to be a hit with the kids in the hotter months, and so too will all that useable yard space, enjoying both peace and privacy in this prime spot here in Cedar Grove. The shed/carport combo is perfectly positioned beside the house with easy access on both sides of the house to the back yard, if more shed space is on your shopping list.
If solar power is on your list, then again this will not disappoint ? our owners have a 24 panel installation with I am told a 6kW inverter, which I would imagine (within reason) is about as good as it gets.
So if the affordable acreage dream has so far proved elusive, then an early inspection might just be the solution that you have been seeking. I do however have only one, so when it?s gone, it?s gone !
Listing description written by Steve Hodgson, Elders Real Estate Jimboomba QLD — reproduced as published, not verified by Districts.