Meringandan West at a glance
3,256
People
$886,500
Median sale
$661/wk
Median rent
3.88%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
QLD › Meringandan West › Lapwing Cres
$655,000
Last sold
27 June 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
1,000 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
$655,000
27 June 2023 · 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
$886,500
Median sale
$661/wk
Median rent
3.88%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Meringandan West
-26.1%
Median sale
Suburb $886,500
+1.37 pp
Gross yield
Suburb 3.88%
Suburb median $886,500 from 40 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
$886,500
Median sale
$661/wk
Median rent
3.88%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RealWay Property Partners ToowoombaRecently constructed by Paragon Homes this stunning, yet practical and well-designed home sits in a quite location overlooking mature trees and a gentle slope.
Entering the home there is a sense of proportion with a generous widened entry, warm timber plank flooring and neutral colour palette throughout all leading down to the heart of the home. With black pendant lights making statement of the endless island kitchen bench, equipped with a 900mm gas cooktop, soft close drawers and full butler's pantry this sleek, functionable kitchen will be the focal point of the home, and with combined open plan living dinning and lounge this space is truly unique.
The master is well positioned and features an oversized walk-in-robe, a well-designed ensuite with double basin, free standing bath, and separate toilet and even its own private patio for you to enjoy. The second living or forth bedroom is close by great for a small child or quite space away from the main living. The remaining bedrooms are fitted with built-in cupboards, ceiling fans and serviced by the well positioned main bath, along with a separate powder room and toilet for guests and easy living.
Outside the yard is retained to create an inviting space that flows out from the covered entertaining area all of which is fenced making a fantastic place for the kids to hangout.
For more information or to book a private inspection please reach out, we look forward to your inspection.
Property features include:
-900mm Gas cook top
-Butler's pantry
-Caesarstone installed through home
-Quality window covering
-Security screens
-Ceiling fans installed throughout
-Generous laundry with an abundance of storage
-Separate toilet and powder room
-Modern main bathroom with Shower & Bath – Tiled floor to ceiling
-Generous and well-designed ensuite
-Ducted air-conditioning
-Home office with built-in desks
-Garden Shed
-Plumber rainwater tank – Approx 5000L
-29 Solar panels and an 8kw inverter
RealWay Property Partners is proud to present 29 Lapwing Crescent, Meringandan West to the market. For more information or to arrange a private inspection, please call our team on 0415 458 874 today.
Listing description written by Elliot Scholefield, RealWay Property Partners Toowoomba — reproduced as published, not verified by Districts.