Crestmead at a glance
12,841
People
$863,500
Median sale
$591/wk
Median rent
3.56%
Suburb gross yield
Median sale from 78 recorded sales (last 12 months) — a Districts calculation.
QLD › Crestmead › Rathkeale St
$352,000
Last sold
14 Nov 2020
4
Bedrooms
2
Bathrooms
1
Car spaces
621 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
$352,000
14 Nov 2020 · derived via latest_sale
Local land rate: recorded House sales in Crestmead (last 5 years) with land size have a median of $998/m² of land (n=154). Districts calculation from recorded sales — not a valuation.
Crestmead at a glance
12,841
People
$863,500
Median sale
$591/wk
Median rent
3.56%
Suburb gross yield
Median sale from 78 recorded sales (last 12 months) — a Districts calculation.
Vs Crestmead
-59.2%
Median sale
Suburb $863,500
+5.17 pp
Gross yield
Suburb 3.56%
Suburb median $863,500 from 78 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 $591/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
Crestmead at a glance
12,841
People
$863,500
Median sale
$591/wk
Median rent
3.56%
Suburb gross yield
Median sale from 78 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Avenue PropertyALL PROPERTIES GROUP - CHRIS GILMOUR SOLD...
Are you looking for a modern, 4 bed, 2 bath home PLUS a big backyard? Or a great positive investment property? Well look no further – this is it!
Beautifully renovated to deliver contemporary liveability in a sought after enclave in Crestmead, this delightful home presents the perfect family lifestyle.
Utterly inviting, immaculately presented and boasting a floorplan set to amaze with its sense of space and functionality, this incredible residence has been skillfully renovated to create family living at its best.
Fresh and well-appointed, the kitchen offers ample bench and storage space and is beautifully positioned to offer an incredible family lifestyle, with access outside to the outdoor entertaining.
Boasting a full-length patio, entertain friends and family whilst the children play in tranquil, private and secure settings, creating memories under the stunning Jacaranda tree in the spacious backyard. With room for an outdoor dining, lounge, BBQ and even a ping pong table- this home creates a wonderful lifestyle for families, and of course the family pet! And, with a spacious balcony to the front of the home, sit, unwind and watch the world go by over your beautiful picket fence.
Inside the master is spacious and inviting, featuring a large walk-in robe and well-appointed ensuite. Clever design has ideally positioned it away from the additional three bedrooms to provide privacy, which is serviced by a modern bathroom featuring both bath and shower to cater to children of all ages.
Set on a quiet street in a well-maintained neighbourhood, the local shops are only a short stroll away, but if you don't feel like walking- try out the new drone delivery service in the area, as this home is one of the first in Australia to experience it!
There is no better lifestyle with an abundance of entertaining options and shopping precincts including the Grand Plaza a short 5km away. And, with exceptional access to public transport and the motorways with the theme parks just 30mins down the highway and the Gold Coast beaches less than 50mins away there is no shortage of lifestyle options to enjoy! With so much on offer, it's no wonder this suburb continues to prosper and generate exceptional returns.
Delivering an outstanding investment opportunity with a recent appraisal of $390 p/w, this high yield property is sure to capture the eye of the astute investor, or the one lucky family who values quality of living and lifestyle options.
This wonderful family residence boasts-
-Master with ensuite, walk in robe, and air conditioning, as well as additional external access outside through laundry if desired
-3 additional spacious bedrooms – two with built-in robes, all with ceiling fans and one with air conditioning
-Large light-filled open plan living featuring air conditioning
-Spacious 621m2 block, with large fully fenced backyard and garden sheds
-Single carport with additional off-street parking available on the driveway or the expansive front lawn.
-Renovated family bathroom with shower, bath and separate toilet.
-Full-length rear patio, perfect for entertaining friends and family
Properties like this rarely come on the market and don't get any better than this one, so CALL and INSPECT NOW – it won't last long!
Due to the current COVID-19 situation and health and safety, social distancing still applies when attending inspections.
Disclaimer:
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Chris Gilmour, Avenue Property — reproduced as published, not verified by Districts.