Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

QLD › Meringandan West › Drazen Pl

3 Drazen Pl, Meringandan West QLD 4352

House

$1,200,000

Last sold

3 Sept 2025

4

Bedrooms

2

Bathrooms

6

Car spaces

4,010 m²

Land

350 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,200,000 (3 Sept 2025).(Recorded sale)
  • CalculationLand 4,010 m² against a 350 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Meringandan West (last 5 years) with land size: median $304/m² of land (n=87). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$1,200,000

3 Sept 2025 · 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.

See the full Meringandan West report →

Vs Meringandan West

+35.4%

Median sale

Suburb $886,500

-1.02 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 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$1,200,0003 Sept 2025
  2. Listedprice unknowncompleted30 Apr 2025

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 $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.

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

Meringandan West in one glance

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.

See the full Meringandan West report →

Keep researching

  • Why Meringandan West? Read the area thesis →
  • What else is on the market in Meringandan West →
  • Other records on Drazen Pl →

Listing material

Listed by The Agency Toowoomba

The Ultimate Family Estate: Luxury, Land & Lifestyle Without Compromise

Welcome to 3 Drazen Place - a statement in scale, design and lifestyle. Positioned in the elite Reserve Estate and surrounded by multi-acre, masterbuilt properties, this sprawling residence delivers over 352sqm of high-end living on a fully usable 4,010sqm block. This is where prestige meets practicality-and where families come to thrive, build legacy, and live without limits.

From the commanding facade to the refined interior details, this is a home that demands attention and rewards ownership. A property of this calibre is rarely offered, and never overlooked.

Architectural Scale. Timeless Elegance. Every Upgrade You Deserve.

Read the full description

Step inside and be swept into a lifestyle of effortless luxury. The Hamptons-inspired kitchen is the heart of the home, complete with stone benchtops, a full-size butler's pantry, hidden dishwasher, and dual sinks. Whether you're entertaining or meal-prepping with the family, it's all here-style, storage, and soul.

The living and dining zones are oversized and open, perfectly designed for hosting everything from high-energy celebrations to quiet nights in. Step outside and the grand alfresco flows seamlessly from indoors, offering a picture-perfect space for Sunday brunches, birthday gatherings or a glass of wine as the sun goes down. It's not just a home-it's a destination.

Your Family's Private Resort-Without Leaving Home

Movie night? The fully blacked-out home theatre rivals any cinema. Game time? The dedicated games room has you covered. Work from home? The extra-large study is already wired with high-speed internet-so you're connected and in control. Need space for everyone? Expansive bedrooms, plus a luxurious master suite that serves as a private retreat, offer room to grow, rest and recharge.

Your master suite features a freestanding bath, his-and-hers vanities, and a walk-in robe that would make a stylist jealous. Kids? They have their own wing-complete with a huge bathroom, separate toilet, and custom linen storage. Everyone has their zone, and every detail has been designed for real living.

Future-Proofed. Energy Smart. Dream Ready.

✔ 12kW solar system with three-phase power to both house and shed

✔ 6m x 9m shed ready for your tools, toys or business setup

✔ Prewired for EV charging and future pool equipment

✔ Sandstone retaining walls and manicured lawns

✔ Fully wired for high-speed internet

✔ Space for a resort-style pool, orchard, or even a tennis court

This isn't just a home-it's a long-term investment in your lifestyle. It's rare to find a block of this size, this level, and this well connected-just 10 minutes to Highfields and 25 minutes to Toowoomba CBD, yet blissfully quiet and peaceful.

This Is Where Legacy Begins

If you've been searching for the property that has it all-scale, style, privacy, and power to create the life you want-this is it. Homes like this don't hit the market often, and when they do, they don't last.

You've worked for it. You've earned it. Now, own it.

Call Michael Good on 0422 718 476 for your private inspection. Experience the estate lifestyle redefined.

Listing description written by Michael Good, The Agency Toowoomba — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Fully Fenced
  • Living Areas: 3
  • Outdoor Entertaining
  • Reverse Cycle Aircon
  • Rumpus Room
  • Shed
  • Solar Panels
  • Study
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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