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QLD › Griffin › Azure Cres

3 Azure Cres, Griffin QLD 4503

For saleHouse for Sale

$1,099,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

650 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,099,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,099,000(Listing record · 14 July 2026)
  • FactLand 650 m²; no building size recorded.(Property record)
  • CalculationAsk is 11% above the Griffin median recorded sale ($991,000, n=118, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Griffin's advertised median rent ($643/wk), implied gross yield would be 3.04% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$1,099,000

Asking · $1,691/m² of land

No recorded sale for this property.

Griffin at a glance

13,383

People

$991,000

Median sale

$643/wk

Median rent

3.37%

Suburb gross yield

Median sale from 118 recorded sales (last 12 months) — a Districts calculation.

See the full Griffin report →

Vs Griffin

+10.9%

Median sale

Suburb $991,000

-0.33 pp

Gross yield

Suburb 3.37%

Suburb median $991,000 from 118 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,099,000
Stamp Duty (Queensland)
$43,718
Transfer/Registration Fee
$4,532
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,150,950

$51,950 on top of the price (4.7% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Griffin's advertised median rent — not a rent for this listing.

Net yield
1.54%
Annual cashflow (pre-tax)
$-40,197
Interest cover (DSCR)
0.30
Annual rent
$33,436
Operating expenses
$16,485
Loan amount
$879,200
Annual interest
$57,148
Gross yield
3.04%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$1,099,000available14 July 2026

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 $643/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

Gross yield if leased at the suburb aggregate is 3.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Griffin in one glance

Griffin at a glance

13,383

People

$991,000

Median sale

$643/wk

Median rent

3.37%

Suburb gross yield

Median sale from 118 recorded sales (last 12 months) — a Districts calculation.

See the full Griffin report →

Keep researching

  • Why Griffin? Read the area thesis →
  • What else is on the market in Griffin →
  • Other records on Azure Cres →

Listing material

Listed by Ray White Murrumba Downs

Luxury, Lifestyle & Location - All in One Home

From the moment you step inside, you'll feel right at home. Beautifully renovated and thoughtfully designed, this impressive family residence combines modern comfort, quality finishes and a versatile floorplan to create a home that is both functional and inviting. Every space has been carefully considered to enhance everyday living, while the home is vacant and ready for its new owners to move straight in.

At the heart of the home is the beautifully renovated kitchen, designed to bring family and friends together. Featuring stone benchtops, crisp white cabinetry and a stunning soft blue subway-tiled splashback, it perfectly balances style and practicality. Under-cabinet LED lighting, designer pendant lights and matte black tapware complete the contemporary design, while the oversized breakfast island provides the ideal place for casual meals or entertaining. Quality appliances, including an electric cooktop and dishwasher, make everyday living effortless, with the kitchen overlooking the open-plan living and dining areas.

Designed for modern family life, the versatile floorplan offers multiple living zones that can adapt to your changing needs. Whether you're searching for a media room, children's playroom, formal lounge, home office or second living area, the flexible layout provides endless possibilities. Large windows fill the home with natural light, while the seamless connection to the outdoor entertaining area creates an effortless indoor-outdoor lifestyle.

Read the full description

Privately positioned, the spacious master suite offers the perfect retreat. Complete with a generous walk-in robe and a charming white barn door, the space flows beautifully into the renovated ensuite featuring floor-to-ceiling tiling, warm timber cabinetry, matte black fixtures and a frameless walk-in shower.

The remaining three bedrooms are all generously sized and include new ceiling fans with integrated lights, ensuring year-round comfort. The main bathroom has been designed with busy families in mind, offering a full-size bathtub, separate shower and the convenience of a separate powder room with its own vanity and toilet.

Outside, the expansive covered entertaining area overlooks the sparkling in-ground swimming pool, creating the perfect setting for summer barbecues, family gatherings or simply relaxing after a long day. Beautifully manicured lawns and established hedges provide fantastic street appeal while remaining low maintenance, and two garden sheds offer valuable additional storage.

Adding even more appeal, the home has been equipped with smart technology and energy-efficient features. The MyPlace Smart Home System allows you to control the ducted air conditioning, selected lighting and garage door from your smartphone once connected to your home internet. Ducted and split-system air conditioning provide year-round comfort, while the impressive 12.5kW solar system with approximately 20 panels helps reduce electricity costs.

Additional features include:

• Smart MyPlace home automation

• Camera security system

• Ducted and split-system air conditioning

• New LED downlights throughout

• Plantation shutters

• New ceiling fans with integrated lights

• Approximately 20-panel 12.5kW solar system

• Electric hot water system

• Rainwater tank

• Large linen cupboard

• Two garden sheds

• Pedestrian side access

• Electric cooktop

• Dishwasher

Positioned within one of Griffin's most convenient and family-friendly locations, you'll enjoy having everyday amenities just moments away. A new shopping precinct currently under construction just metres from the home will feature Woolworths, cafés, restaurants, specialty retailers and everyday conveniences. You're also within walking distance to Anytime Fitness, a pharmacy, petrol station and a variety of food outlets, while quality schools, childcare centres, parks and playgrounds are all nearby. Westfield North Lakes, IKEA, Costco and the North Lakes business precinct are approximately 10 minutes away, with easy access to the Bruce Highway providing a convenient commute to Brisbane or the Sunshine Coast.

Beautifully renovated, exceptionally presented and perfectly positioned, this outstanding home delivers the complete family lifestyle package and is ready for its next owners to simply move in and enjoy.

Disclaimer:Whilst every effort has been made to ensure the accuracy of these particulars,no warranty is given by the vendor or the agent as to their accuracy.Interested parties should not rely on these particulars as representations offact but must instead satisfy themselves by inspection or otherwise. Due to relevant legislations, a priceguide isn't available for properties being sold without a price or via auction.Websites may filter a property being sold without a price or via auction into aprice range for functionality purposes. Any estimates are not provided by theagent and should not be taken as a price guide.

Listing description written by Imogen Bingley, Ray White Murrumba Downs — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Floorboards
  • Fully Fenced
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Shed
  • Solar Panels
  • Water Tank
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.