Cleveland at a glance
17,053
People
$1,270,000
Median sale
$677/wk
Median rent
2.77%
Suburb gross yield
Median sale from 81 recorded sales (last 12 months) — a Districts calculation.
QLD › Cleveland › Mergowie Dr
$1,120,000
Last sold
14 Nov 2025
4
Bedrooms
1
Bathrooms
3
Car spaces
1,080 m²
Land
237 m²
Building
Districts View
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
$1,120,000
14 Nov 2025 · derived via latest_sale
Local land rate: recorded House sales in Cleveland (last 5 years) with land size have a median of $1,765/m² of land (n=71). Districts calculation from recorded sales — not a valuation.
Cleveland at a glance
17,053
People
$1,270,000
Median sale
$677/wk
Median rent
2.77%
Suburb gross yield
Median sale from 81 recorded sales (last 12 months) — a Districts calculation.
Vs Cleveland
-11.8%
Median sale
Suburb $1,270,000
+0.37 pp
Gross yield
Suburb 2.77%
Suburb median $1,270,000 from 81 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 $677/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
Cleveland at a glance
17,053
People
$1,270,000
Median sale
$677/wk
Median rent
2.77%
Suburb gross yield
Median sale from 81 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX On PointWelcome to 31 Mergowie Drive, Cleveland - a beautifully maintained brick and tile residence proudly positioned on a rare 1,080m² parcel of land in the heart of Cleveland. Combining generous proportions, immaculate presentation, and outstanding future potential (STCA), this property offers the perfect blend of comfort, practicality, and opportunity.
Whether you're a family seeking room to grow, an investor securing a quality asset, or a developer pursuing a prime Bayside site, this exceptional home truly ticks every box.
Home Highlights
• Immaculately presented low-set brick home with ducted Daikin air conditioning and ceiling fans throughout
• Spacious main bedroom with built-in robe and ceiling fan
• Bedrooms two and three are generously sized, each with built-in robes and ceiling fans
• Versatile fourth bedroom or large study with private entry - ideal for a home office or business setup
• Practical two-way bathroom featuring a separate shower, bathtub, vanity and toilet
• Modern galley-style kitchen with dishwasher, plumbed fridge, Insinkerator, breakfast bar, overlooking the expansive covered alfresco - perfect for entertaining family and friends
• Generous open-plan living and dining zones, filled with natural light and cooling breezes
• Large internal laundry with direct outdoor access
• Powered double shed (6m x 7.3m) plus semi-enclosed carport offering additional storage versatility
• Garden shed (3m x 3m) for tools and equipment
• 6.6kW solar system with Fronius inverter and Longi panels (3 years old)
• 10kW Daikin ducted reverse cycle air conditioning system with 6 individually controlled zones (12 months old)
• New Solahart Atmos Heat Pump with 4 years remaining on warranty
• Energy-efficient electrical upgrades, including new LED lighting, new fans, and upgraded switchboard
• Double side access with wide white aluminium gates
• Freshly painted interiors and blinds throughout - move-in ready presentation
• Low-maintenance design offering plenty of scope to further enhance or expand
The Land & Potential
• Massive 1,080m² allotment providing endless possibilities - subdivide, redevelop, or build your dream home (STCA)
• Expansive backyard with ample room for a pool, granny flat, or extensive landscaping
• Quiet, established street surrounded by quality homes - a blue-chip investment location for future capital growth
Central Cleveland Location
• Easy walking distance to Cleveland High School, Redlands Hospital, Showgrounds, parks, shops, and public transport
• Only minutes to Raby Bay Harbour, renowned cafes, restaurants, and scenic waterfront walkways
• A sought-after pocket that perfectly combines lifestyle, location, and convenience
Who Will Love This Property
• Families: Move straight in and enjoy the space, comfort, and expansive yard
• Investors: Secure a large, high-growth block in a premium Bayside suburb
• Developers: Explore subdivision or redevelopment opportunities (STCA)
• Home-based professionals: Perfect home office or business setup with separate entry
Opportunities of this calibre are increasingly rare in Cleveland. With its outstanding land size, immaculate presentation, and unbeatable central position, 31 Mergowie Drive represents exceptional lifestyle appeal and long-term value.
Take a moment to view the floor plan and 3D walkthrough - this property will impress upon inspection.
Contact John today to arrange your private viewing or attend one of our upcoming open homes.
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 John Dixon, RE/MAX On Point — reproduced as published, not verified by Districts.