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QLD › Gumdale › Formosa Rd

305 Formosa Rd, Gumdale QLD 4154

House

5

Bedrooms

4

Bathrooms

6

Car spaces

10,100 m²

Land

752 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • CalculationLand 10,100 m² against a 752 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Gumdale (last 5 years) with land size: median $2,600/m² of land (n=29). 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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Gumdale (last 5 years) with land size have a median of $2,600/m² of land (n=29). Districts calculation from recorded sales — not a valuation.

Gumdale at a glance

2,392

People

$1,970,000

Median sale

$799/wk

Median rent

2.11%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full Gumdale report →

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. Soldprice unknown29 Aug 2024
  2. Listedprice unknowncompleted30 July 2024

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 $799/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

Gumdale in one glance

Gumdale at a glance

2,392

People

$1,970,000

Median sale

$799/wk

Median rent

2.11%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full Gumdale report →

Keep researching

  • Why Gumdale? Read the area thesis →
  • What else is on the market in Gumdale →
  • Other records on Formosa Rd →

Listing material

Listed by Queensland Sotheby's International Realty Brisbane

"Three Chimney House" - A Marvellous Mid-Century Modern Entertainer

Architecture meets art in this marvellous mid-century modern entertainer thoughtfully curated by KP Architects. Nestled on 2.5 tranquil acres and a rare northeast facing square block, expansive picture windows cultivate a strong connection to the lush outdoors, while solid European Oak finishes exude warmth and charm. Effortless function and flow are cornerstones too, with the gourmet kitchen (appointed with Gaggenau appliances and a scullery) seamlessly transitioning onto two separate alfresco areas. Each an enviable oasis, fire up the Primo Charcoal BBQ on the all-weather loggia and cook up a feast for guests, while the second sprawling alfresco terrace is perfect for fireside dinners both offering the comfort of 'Big Ass' fans to ensure comfort all year round. Alternatively, select a bottle from the cellar, sit back and soak up the stunning beauty of the landscaped and native gardens, or watch fun unfold in the resort-style pool.

Timeless elegance continues in the five bedrooms and four marble-clad bathrooms. An indulgent ensuite complements the master suite, where you can slip beneath the warm waters of the stone freestanding bath and gaze upon serene greenery. An executive office also features, resplendent with a custom, solid oak desk or embrace creativity in the freestanding studio.

Factor in cooling cross breezes, superior security and home automation and you'll want for nothing more. Even the location will impress! Positioned in a peaceful street, close to schools, sporting amenities, Westfield Carindale or venture just a short 15 minute drive and you'll find yourself in the heart of Manly, with its vibrant marina, charming cafes, and stunning coastal scenery, it promises an enviable acreage lifestyle just 11km from the CBD. Your future happiness starts here. Inspect today!

Read the full description

Property Specifications:

• Authentic mid-century modern entertainer nestled in 2.5 tranquil acres

• Architecturally designed by KP Architects, with a north-east aspect on a rare square block

• Interiors celebrate function, flow and a strong connection outdoors

• Solid European Oak floors add warmth and charm while large picture windows invite the outdoors in

• Gourmet kitchen and scullery equipped with Gaggenau pyrolytic and steam oven, warming drawer, induction stovetop, two dishwashers, Schweigen rangehoods, integrated Liebherr fridge/freezers

• Smartstone benchtops, marble splashback, oak veneer soft-close cabinetry also fitted to kitchen

• Separate café area with Zip ChillTap

• Living and dining enhanced by feature oak timber ceiling, Jetmaster double-sided fireplace

• Master suite boasts electric blinds/curtains, walk-in robe, marble ensuite with freestanding bath and separate toilet with bidet

• Two bedrooms with built-in robes, marble ensuites

• 4th bedroom/entertaining lounge and 4th marble bathroom

• Office beneath a raked ceiling, features a custom-made solid oak desk

• Lockable wine cellar

• Loggia with Primo Charcoal BBQ, cooler drawer, speakers, 'Big Ass' fans, double-height security screens and doors

• Sprawling alfresco terrace with Jetmaster double-sided fireplace and 'Big Ass' fans

• Resort-style pool with glass bead surface, LED lighting

• Fully fenced and architecturally landscaped

• Three-bay garage with built-in cupboards, protective seal floors

• Parking bay

• Three-bay shed with external overhang

• Freestanding studio with 3-phase power

• Wi-Fi throughout

• Electric motors to operate high-set windows

• iPad-controlled integrated audio, surround sound and TV

• Security screens and retractable insect screens

• Ducted and zoned air-conditioning to the house, split system air-conditioning to studio and cellar

• 20,000L rainwater tank

• Back-to-base security

• In-wall vacuum system

• Septic system with tank and transpiration area

• Peaceful street and prime acreage lifestyle approx. 11km from the CBD

• Short drive to schools, sporting amenities and Westfield Carindale

This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Disclaimer:

We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Listing description written by Tyson Clarke, Queensland Sotheby's International Realty Brisbane — reproduced as published, not verified by Districts.

Districts

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

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