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QLD › Gumdale › Grassdale Rd

292 Grassdale Rd, Gumdale QLD 4154

House

$2,600,000

Last sold

24 May 2019

8

Bedrooms

4

Bathrooms

6

Car spaces

19,060.694 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $2,600,000 (24 May 2019).(Recorded sale)
  • FactLand 19,061 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Gumdale (last 5 years) with land size: median $2,600/m² of land (n=29). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$2,600,000

24 May 2019 · derived via latest_sale

Local land rate: recorded House sales in Gumdale (last 5 years) with land size have a median of $2,600/m² of land (n=29). Districts calculation from recorded sales — not a valuation.

Gumdale at a glance

2,392

People

$1,970,000

Median sale

$799/wk

Median rent

2.11%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full Gumdale report →

Vs Gumdale

+32.0%

Median sale

Suburb $1,970,000

-0.51 pp

Gross yield

Suburb 2.11%

Suburb median $1,970,000 from 6 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$2,600,00024 May 2019
  2. Listedprice unknowncompleted4 Apr 2019

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $799/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Gumdale in one glance

Gumdale at a glance

2,392

People

$1,970,000

Median sale

$799/wk

Median rent

2.11%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full Gumdale report →

Keep researching

  • Why Gumdale? Read the area thesis →
  • What else is on the market in Gumdale →
  • Other records on Grassdale Rd →

Listing material

Listed by RE/MAX Results Morningside

Timeless Acreage Estate

Situated on 4.7 magnificent acres, the stunning main residence occupies the highest vantage point within a truly unique acreage estate. The perfect combination of timeless practical design and sophisticated styling provides today's modern families with an enviable choice of lifestyle arrangements. A second fully renovated dwelling, commercial shed with separate entrance and horse paddock with stables will be just the start of your love affair with this private, peaceful property.

Main Residence:

Four spacious built in bedrooms. Master suite with private sitting area, plus an office or nursery, luxurious full size en-suite bathroom with double shower and spa bath

Read the full description

Family bathroom features large windows, bath, shower and separate toilet

A light filled, refurbished contemporary kitchen includes custom built cabinetry, gas appliances, dishwasher and a large pull our pantry. Centred within the casual dining and living areas, it is certainly the heart of the home

Formal living and dining areas, offering magnificent views of the grounds, flow onto the surrounding verandas. A wood burning fire place adds a touch of country charm

An abundance of indoor - outdoor entertainment and living options will provide the perfect venue to host and pamper friends this summer

Resort style heated salt water swimming pool plus an undercover entertainer's pavilion and convenient change/powder room will cater for the largest of family Christmas and New Year celebrations

Additional features include:

Timber floors, air conditioning, alarm system, cleared level fully fenced landscaped grounds, Enviro Cycle System.

Second Dwelling:

The separate air conditioned four bedroom, two bathroom renovated cottage situated at the front of the property could be utilised for extended family, home business office facilities or income producing investment property. With a fully fenced yard and wrap around veranda the cottage adds a considerable amount of value to the property

Shed:

Approximately 300sqm 10.5m x 28m with additional height and separate entrance - plumbing in place for a shower and toilet. Will appeal to the car collector, home based business person or alternatively provide another source of valuable income

Grounds:

2 stables with power and water, yards, crush, hay storage for 50 bales, yard feeders, shed, irrigated paddock, 6 water tanks with pumps (80,000+ ltrs), fully fenced for horses and dogs

A simply wonderful property located within minutes of all local amenities. Quality schooling, major regional shopping centres, quick access to the Gateway Arterial to the airport, Gold and Sunshine Coasts and 20 minutes from Brisbane's CBD. Striking the perfect balance between an effortless lifestyle and supreme convenience, this irresistible property will offer its new owners an opportunity which is certainly a world away from the everyday. Will Be Sold!

Listing description written by Deborah Evans, RE/MAX Results Morningside — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.