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 › Penelope Dr
$1,070,000
Last sold
1 Dec 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
1,481 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
$1,070,000
1 Dec 2025 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
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
-14.4%
Median sale
Suburb $1,250,000
+0.45 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 Elders Real Estate Shailer ParkWelcome to 32 Penelope Drive, situated in the picturesque suburb of Cornubia. Holding an enviable, elevated position on a tranquil residential street, sits this European designed, four-storey family home.
This residence was inspired by the Alpine homes of yesteryear with raked ceilings, exposed timber beams, timber flooring and meandering staircases to loft style bedrooms. The interiors enjoy a strong connection with the outside, suiting those who love to entertain and relish degree views of mountains and greenery. Big open living spaces and character in abundance, this a unique property to cherish.
Low maintenance established gardens edge the property with a forest backdrop. Peace & tranquillity in this every busy life.
Marketing Agent Nathan Strudwick said, "You ask for difference, one of a kind, I deliver! With a great holiday rental income, the potential of this property is vast. It must be seen to be truly appreciated."
Inside:
● Four bedrooms
● Master with private balcony
● Two renovated bathrooms
● Modern kitchen with electric cooktop
● Multiple living spaces
● Split system air-conditioning
● Laundry
Outside:
● 1481m2 block
● Expansive entertaining deck
● Established low maintenance gardens
● Tandem lockup garage
● Backing onto Forest
SERVICES:
● Town water & sewerage
● NBN ready
● Current Air BnB income of approx. $400-$450/night ($75,000/year)
LOCATION:
● Close to Chisholm College
● Close to Woolworths Cornubia
● 5 minutes to Logan Hyperdome
● 5 minutes to Brisbane busway
● 5 minutes to Calvary Christian College
● 15 minutes to John Paul College
● 15 minutes to Sirromet winery
● 20 minutes to Dreamworld
● 30 minutes to Brisbane airport
● 30 minutes to Brisbane CBD
● 40 minutes to Gold Coast
Listing description written by Nathan Strudwick, Elders Real Estate Shailer Park — reproduced as published, not verified by Districts.