Cornubia at a glance
8,142
People
$1,250,000
Median sale
$642/wk
Median rent
2.67%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
QLD › Cornubia › Beenleigh Redland Bay Rd
$1,310,000
Last sold
10 Sept 2024
8
Bedrooms
5
Bathrooms
5
Car spaces
5,000 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
$1,310,000
10 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Cornubia (last 5 years) with land size have a median of $1,396/m² of land (n=96). Districts calculation from recorded sales — not a valuation.
Cornubia at a glance
8,142
People
$1,250,000
Median sale
$642/wk
Median rent
2.67%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Vs Cornubia
+4.8%
Median sale
Suburb $1,250,000
-0.12 pp
Gross yield
Suburb 2.67%
Suburb median $1,250,000 from 39 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 $642/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
Cornubia at a glance
8,142
People
$1,250,000
Median sale
$642/wk
Median rent
2.67%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property CornubiaLifestyle - Set back from the street and elevated to capture breezes and the leafy outlook is this sprawling family home on 5000m2. This home is truly unique and is ideal for large or multi-generational families - there's simply nothing else like it! A home of epic proportions, including a granny flat on the ground floor, there's enough space for even the largest of families to spread out. Enjoy the home as is or renovate and add value. Built to withstand the test of time, this home is super solid, incorporating solid brickwork with suspended concrete slab construction. A series of decks & outdoor patio (overlooking the lovely pool with waterfall) offers many options for entertaining. Renovate and profit or create your own family's paradise…
Accommodation - Upon entering through the beautiful double doors, you are greeted by bespoke lead light feature windows & the soaring ceilings in the formal lounge room. Adjacent to the central kitchen is the formal dining room to one side and the spacious casual meals area to the other. The 'heart of the home' kitchen has updated appliances, Tasmanian Oak cabinetry, central island & walk in pantry. There is plenty of bench & storage space along with a breakfast bar. From there, the family room with fireplace & reading room open to a lovely deck surrounded by greenery. A large rumpus room with space for a full size pool table opens to the rear patio and pool area. Two studies are also on this level, along with the laundry and 4th bathroom. Upstairs you'll discover seven bedrooms all with built in robes plus his & hers kid's bathroom. The Master Suite is palatial, with ensuite, walk in robe and private deck. The ground level offers versatility and loads of space! The oversized double garage services the main house, whilst the granny flat has access to a single garage. Very spacious, the granny flat offers a kitchenette, lounge and dining area, a large bedroom with built in wardrobe plus a bathroom. It would also be ideal for those looking to work from home.
Features - 6mX9m shed plus loads of additional parking for caravan/boat/trailers & numerous cars. Character home with parquetry flooring, plantation shutters and so much more! This is the renovator you've been looking for! You simply must inspect to fully appreciate the potential here! Located in ever popular Cornubia close to River Lakes Golf Course, a host of schools including Chisholm College, Calvary College, St Matthews, shops & public transport. M1 transport links will have you in the Brisbane CBD & Gold Coast in 30 minutes, 15 minutes to the Bay. Contact Kati Hempenstall for more information on 0421 777 353.
Listing description written by Kati Hempenstall, Belle Property Cornubia — reproduced as published, not verified by Districts.