Waterford West at a glance
7,842
People
$869,444
Median sale
$520/wk
Median rent
3.11%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
QLD › Waterford West › Myrtle St
$787,000
Last sold
20 Sept 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
470 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
$787,000
20 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in Waterford West (last 5 years) with land size have a median of $989/m² of land (n=93). Districts calculation from recorded sales — not a valuation.
Waterford West at a glance
7,842
People
$869,444
Median sale
$520/wk
Median rent
3.11%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Vs Waterford West
-9.5%
Median sale
Suburb $869,444
+0.33 pp
Gross yield
Suburb 3.11%
Suburb median $869,444 from 44 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 $520/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
Waterford West at a glance
7,842
People
$869,444
Median sale
$520/wk
Median rent
3.11%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Swan Real Estate Waterford*** FIXED TERM TENANCY until 20/10/2026***
Looking for a strong, reliable return? With the owners now downsizing their investment portfolio, this is the perfect opportunity to expand yours-or even get started.
Currently leased at $620 per week until October 2026, this property offers a true "set and forget" investment. With outstanding long-term tenants-who have been in place since the home was first built in 2013-you can enjoy peace of mind knowing your investment is secure and hassle-free.
Be Quick!! On the market TO BE SOLD!
Step inside and you'll immediately feel at home in the spacious open plan living and kitchen area, beautifully tiled throughout and seamlessly flowing to the outdoor entertaining space.
Features:
* Located in a prime family-friendly neighbourhood
* Generous master bedroom with walk in wardrobe & ensuite that's finished with single vanity, shower and toilet.
* 3 x other generous bedrooms all with built-in robes.
* Air conditioning to the living area.
* Central kitchen, well-equipped with quality appliances including; dishwasher, breakfast bar & plenty of storage space.
* Family bathroom, offering generous space with bath, vanity and shower.
* Sliding door from the living area opens out to covered entertainment area.
* Double lock-up garage.
* Ceiling fans to living and all 4 bedrooms
* 5000Ltr water tank
* 470m2 of land, neatly landscaped & low maintenance.
Ideally positioned to take full advantage of a quiet street and the close proximity to Marsden High School and Marsden Shopping Centre.
Inspects are by Private Appointment Only.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Listing description written by Mervin Greer, Swan Real Estate Waterford — reproduced as published, not verified by Districts.