Wakerley at a glance
9,118
People
$1,660,000
Median sale
$870/wk
Median rent
2.73%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
QLD › Wakerley › Mccormack Pl
$1,525,000
Last sold
14 Oct 2023
5
Bedrooms
2
Bathrooms
5
Car spaces
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
$1,525,000
14 Oct 2023 · derived via latest_sale
Wakerley at a glance
9,118
People
$1,660,000
Median sale
$870/wk
Median rent
2.73%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Vs Wakerley
-8.1%
Median sale
Suburb $1,660,000
+0.24 pp
Gross yield
Suburb 2.73%
Suburb median $1,660,000 from 25 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 $870/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
UnknownArea
Wakerley at a glance
9,118
People
$1,660,000
Median sale
$870/wk
Median rent
2.73%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX AdvantageSpacious quality single storey homes are always in high demand but are rarely available. To also offer large side access for a caravan and a shed that will house your boat is truly a rare feature in Wakerley. The residence has been fully renovated throughout and presents as a new. With 5 bedrooms, 3 living spaces including a home cinema with bar, 2 bathrooms, a large outdoor area, pool with excellent privacy and yard for the kids, you could say this home will be sold it is just a matter of to whom.
Looking for a property with nothing to do but move and is in the Gumdale State School catchment? Well this is the one, your search could be over. This stunning home is ready to go so move in and enjoy. The sellers have already moved so there will be a new owner. Who will it be? Don't wait to be told it's under contract arrange your inspection today.
Located in a very tightly held cul-de-sac that has City views from the front yard so it is in a very elevated location. Your new home is within walking distance to Wakerley Park, The Gumdale State School, Moreton Bay College, Mayfair Village, a few short minutes drive to Manly Boat Harbour, and only 25mins to the CBD. Easy access to the Gateway Motorway, Westfield Carindale, and all the activities the Bayside lifestyle has to offer.
This is a very rare opportunity to acquire a home of this quality in such an outstanding location. Make sure you view this one before it is gone.
3 McCormack Place features:
- Gumdale State School catchment
- Large shed with high clearance for a boat and ample storage shelving
- The pool area is private and fairly new with a sun baking area to relax
- The kids will have the space in the backyard and so will your pets
- 5 Good sized Bedrooms, master features a WIR and ensuite with spa
- 2 Exquisite bathrooms with quality fittings and finishes
- Complete Cinema with bar perfect for family movie nights
- Open plan living, dining & kitchen flowing to the large covered outdoor area
- The alfresco overlooks the grassed area and has a Eastern aspect
- Separate living area or kids play area that is still close to the kitchen
- Large kitchen with plenty of cupboard space & stone bench tops
- A modern laundry with ample storage and bench space
- 701m2 Corner block which has the perfect aspect for catching the sea breezes
- Air con, security screens, plantation shutters and LED lighting
There are plenty of features and too many to list them all. Homes of this quality with a great location and a block of this size don't become available very often. So make the call today for your private inspection or visit the open home on Saturday.
Listing description written by Todd Gerhardt, RE/MAX Advantage — reproduced as published, not verified by Districts.
Nearby 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.