Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
$820,000
Last sold
28 Apr 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
692 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
$820,000
28 Apr 2021 · derived via latest_sale
Local land rate: recorded House sales in Westlake (last 5 years) with land size have a median of $1,747/m² of land (n=138). Districts calculation from recorded sales — not a valuation.
Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Westlake
-50.3%
Median sale
Suburb $1,650,444
+2.45 pp
Gross yield
Suburb 2.41%
Suburb median $1,650,444 from 16 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 $766/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
Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Centenary Real EstateThis fantastic, renovated residence is ideally located in a prestigious Westlake river precinct cul-de-sac. Offering a carefree lifestyle this is a home to suit absolutely everyone and has many outstanding features to help wash away the stress of the day:
Currently rented at $600 per week until December 2021, this executive residence would be a great long term investment for the astute buyer.
- Stunning secure entry with decks surrounded by landscaped gardens and ponds with fish (filtering system included)
- Formal sunken lounge with raked ceilings leading out to a private alfresco dining - great for entertaining family and friends
- Main suite boasting ceiling fan & air conditioning, private access to pond area, his and hers robes and a beautifully renovated ensuite
- A modern and well-appointed kitchen with quality appliances, lots of storage and dishwasher
- Formal open dining area overlooking deck and gardens
- Large air conditioned family room off kitchen with built in cabinetry
- Huge insulated outdoor entertaining deck with its own fountain
- 3 other bedrooms with ceiling fans, the 3rd could also be used as a home office or study
- Modern second bathroom with glass feature wall, stand alone tub and separate toilet, for other family members and guests
- Updated laundry with timber bench tops, great storage space and external access
- Fully fenced, private and secure, with a low maintenance yard and landscaped gardens all around
- Two x 1500 litre water tanks
This home is situated in the popular Centenary suburbs, which has so much to offer, yet is only 11km from the CBD of Brisbane. Picturesque with the Brisbane River and many parks, it's a great place to live. The Centenary Suburbs has many quality day care centres, primary schools and high schools to choose from. Enjoy the relaxing lifestyle of parks, playgrounds, bikeways, Golf clubs, sporting clubs, and our boat ramp park. Shopping and eating out is so convenient with many to choose from. There is a choice of public transport, and easy access to Legacy Way, Western Freeway and Ipswich Motorway.
To arrange an inspection please contact Leela Mendis on 0410 332 127 or a member of the Sales Team on 33768000.
"The LARGEST and LONGEST Established R.E.I.Q. Member Agency in the Area"
Ref: 03031
Listing description written by Leela Mendis, Centenary Real Estate — reproduced as published, not verified by Districts.