Ellen Grove at a glance
4,191
People
$975,000
Median sale
$636/wk
Median rent
3.39%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
QLD › Ellen Grove › Southampton Rd
$555,000
Last sold
7 July 2023
3
Bedrooms
1
Bathrooms
4
Car spaces
728 m²
Land
198 m²
Building
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
$555,000
7 July 2023 · derived via latest_sale
Local land rate: recorded House sales in Ellen Grove (last 5 years) with land size have a median of $904/m² of land (n=42). Districts calculation from recorded sales — not a valuation.
Ellen Grove at a glance
4,191
People
$975,000
Median sale
$636/wk
Median rent
3.39%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Ellen Grove
-43.1%
Median sale
Suburb $975,000
+2.57 pp
Gross yield
Suburb 3.39%
Suburb median $975,000 from 8 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 $636/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
Ellen Grove at a glance
4,191
People
$975,000
Median sale
$636/wk
Median rent
3.39%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Karalis Real EstateInvestors and first time buyers should be quick to consider this tidy and well-positioned lowset brick home that occupies a large, level 728sqm and presents with an abundance of options! Upgrade, renovate, extend, rip down and build new or add a granny flat! There really are heaps of potential to be explored and plenty of profit to be found by savvy investors.
Currently tenanted until September 2023, at a reasonable return of $340 per week, giving you ample time to plan your move, renovation or reconfiguration. The home sits in a residential neighbourhood that is in close proximity to the Logan, Ipswich and Centenary motorways making it so easy to commute to the city or these regional areas. Nearby schools, public transport, parks, pools and recreational shops and supermarkets make for convenient living everyday.
The brick and tile design has been well-planned on this big block and is fully fenced with gates over the driveway. An independent double garage and separate workshop is located at the rear of the property, accessed via the driveway and connects to the home with a large concrete patio area. With a proper tiled roof and brick construct, this separate dwelling could be converted to a self-contained studio if desired and rented out for further income.
A neat layout is suited for couples or small families as it offers \ three bedrooms in the, all with built- in robes and ceiling fans, plus security bars to the windows. They are all close to the shared bathroom facility and has an adjoining WC.
A cute front porch and the large rear patio provide space for outdoor entertainment and the generous yard is fenced for safe play by pets or children. Inside has a combined dining area and lounge room with ceiling fans that is a good size for comfortably seating and media viewing. The kitchen is in good condition with built-in cabinetry and freestanding stove.
With a handy position, this solid house is situated close to cafes and restaurants at nearby Forest Lake, plus a major shopping centre, medical and childcare centre and numerous schools.
Property highlights include:
- Ceiling fans
- Security bars
- Double lock up garage
- Separate storeroom
- Front gates overdrive
- Fully fenced
- Water tank
- External laundry room
A great opportunity for first timers or keen renovators looking for a bargain with solid bones to work with. Call for more and come along to the next open home to inspect and gather all the details.
Disclaimer: In preparing this information we have used our best endeavours to ensure that all 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 Angelo Karalis, Karalis Real Estate — reproduced as published, not verified by Districts.