Richlands at a glance
6,856
People
$1,000,000
Median sale
$593/wk
Median rent
3.08%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
QLD › Richlands › Balgowan St
5
Bedrooms
3
Bathrooms
2
Car spaces
451 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Richlands (last 5 years) with land size have a median of $2,041/m² of land (n=23). Districts calculation from recorded sales — not a valuation.
Richlands at a glance
6,856
People
$1,000,000
Median sale
$593/wk
Median rent
3.08%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
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 $593/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
Richlands at a glance
6,856
People
$1,000,000
Median sale
$593/wk
Median rent
3.08%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Forest LakeSold Prior to Auction by Gee Singh!
Welcome to 29 Balgowan Street, Richlands - A Perfect Family Home!
This stunning 5-bedroom, 1-separate office, 3-bathroom house, built in 2015 by Sun state Homes, offers a contemporary design and a spacious interior, making it an ideal haven for family living. Situated on a generous 451 SQM land area, this property harmoniously combines modern features with comfort, providing a convenient and stylish lifestyle.
Property Features:
- Contemporary Design: Built in 2015 with a modern aesthetic, this house showcases a thoughtful and stylish design.
- Open-Plan Living: The open-plan living and dining area is perfect for entertaining guests, creating a welcoming and inclusive atmosphere.
- Multiple Ensuites: With two ensuites and a total of three bathrooms, the property ensures convenience for all family members.
- Spacious Bedrooms: Well-sized bedrooms with built-in robes offer ample storage space for a clutter-free environment.
- Well-Equipped Kitchen: The kitchen features a gas stove with 5 burners, wall-mounted oven & microwave, and a dishwasher, providing an ideal space for culinary enthusiasts.
- Internal Laundry Convenience: Adding to the practicality of the home, the internal laundry offers additional convenience.
Additional Features:
- Gas stove with 5 burners, wall-mounted oven & microwave, dishwasher
- Ceiling Heights: 2.7m downstairs, 2.4M upstairs
- Samsung Aircon installed for climate control
- Builder: Sun state Homes
- Year Built: 2015
- Niches & Prebuilt Tiled Bench for added elegance.
- Solar Panels: contribute to energy efficiency.
Notable Advantages:
- Ducted Cooling: Enjoy consistent comfort with ducted cooling throughout the property.
- Quality Flooring: Floorboards add a touch of sophistication to the interior.
- Fully Fenced Backyard: Perfect for children and pets to play safely.
- Outdoor Entertaining Area: Ideal for hosting gatherings and enjoying Queensland's beautiful weather.
- Convenient Storage: A shed provides additional storage space for tools and equipment.
Location Benefits:
Conveniently located in a sought-after suburb, this property offers easy access to schools, parks, and shopping Centre. Nearby public transport options make commuting a breeze.
DISCLAIMER: While utmost diligence has been applied in preparing this information, we disclaim any liability for potential typographical errors or inaccuracies. The accuracy of all information is deemed reliable at the time of printing. Prospective buyers are encouraged to conduct their own independent verification.
Listing description written by Gee Singh, Ray White Forest Lake — reproduced as published, not verified by Districts.