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.
$795,000
Last sold
27 Aug 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
452 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
$795,000
27 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Richlands (last 5 years) with land size have a median of $2,052/m² of land (n=22). 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.
Vs Richlands
-20.5%
Median sale
Suburb $1,000,000
+0.80 pp
Gross yield
Suburb 3.08%
Suburb median $1,000,000 from 9 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 $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 Coronis KallangurDiscover this charming family home nestled within the sought-after suburb of Richlands, offering an ideal opportunity for young families, first-time homebuyers and savvy investors.
This low maintenance single storey home provides space for the whole family with four bedrooms complete with ceiling fans and built in robes. The master bedroom is serviced by an ensuite and walk in robe, plus air conditioning providing comfort all year round. Enjoy the open plan kitchen, dining and living that seamlessly flows onto a private covered alfresco, providing privacy and security to create a safe haven for children and pets to enjoy.
Further home highlights include:
- Master bedroom complete with air conditioning, walk in robe and ensuite
- 3 additional bedrooms with built in robes and ceiling fans
- Open plan dining, kitchen and living with ceiling fans
- Bathtub and separate shower to main bathroom
- Tiled main living area with carpet to bedrooms
- Covered alfresco, and fully fenced back yard
- Security screens to windows and external doors
Situated in the heart of Richlands, the location of this home is truly unbeatable, benefiting from the convenience of local amenities plus the adjacent vibrant suburbs of Forest Lake and Inala. Enjoy the nearby amenities, from bustling shopping precincts to diverse dining options and entertainment venues. Nearby schools cater to families with children, and with seamless connectivity to trains and major motorways, getting away for the weekend is easy.
Further location highlights include:
- 5 min drive from Richlands East State School
- 7 min drive from Forest Lake State High School
- 4 min drive from Richlands Plaza
- 9 min drive from Forest Lake Shopping Centre
- 4 min drive from Richlands Train Station
- Only 35min to Brisbane CBD with easy access to the Centenary Highway and Ipswich Motorway
Currently tenanted until September 2024 this is a great opportunity for you buy now and secure your future home, or add to your investment portfolio in a high growth suburb.
Contact Jem on 0448 107 484 to arrange an inspection today!
Disclaimer:
Little Real Estate has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Little Real Estate toward the recipient with regard to the use of this information and all information given is given without responsibility.
Listing description written by Jem Rabadia, Coronis Kallangur — reproduced as published, not verified by Districts.