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QLD › Wakerley › Red Gum Cres

32 Red Gum Cres, Wakerley QLD 4154

House

$1,770,000

Last sold

15 Jan 2024

5

Bedrooms

3

Bathrooms

3

Car spaces

678 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,770,000 (15 Jan 2024).(Recorded sale)
  • FactLand 678 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Wakerley (last 5 years) with land size: median $2,286/m² of land (n=116). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$1,770,000

15 Jan 2024 · derived via latest_sale

Local land rate: recorded House sales in Wakerley (last 5 years) with land size have a median of $2,286/m² of land (n=116). Districts calculation from recorded sales — not a valuation.

Wakerley at a glance

9,118

People

$1,660,000

Median sale

$870/wk

Median rent

2.73%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Wakerley report →

Vs Wakerley

+6.6%

Median sale

Suburb $1,660,000

-0.17 pp

Gross yield

Suburb 2.73%

Suburb median $1,660,000 from 25 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$1,770,00015 Jan 2024
  2. Listedprice unknowncompleted29 Nov 2023

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 $870/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

Wakerley in one glance

Wakerley at a glance

9,118

People

$1,660,000

Median sale

$870/wk

Median rent

2.73%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Wakerley report →

Keep researching

  • Why Wakerley? Read the area thesis →
  • What else is on the market in Wakerley →
  • Other records on Red Gum Cres →

Listing material

Listed by RE/MAX Advantage

Large Family Orientated Home In A Tranquil Location

The ultimate family home that ticks all the boxes, we welcome you to 32 Red Gum Crescent. If you are looking for a well-designed family home with plenty of space for the kids and ample car accommodation with a rare 3rd garage along with excellent privacy, then this home is one you need to see. Tucked away in a super quiet street with bushland views that give you the feel of living on acreage, you can enjoy complete privacy and a quiet lifestyle without the maintenance. This family home is an excellent entertainer with a large covered outdoor area that overlooks the large pool and backyard that opens seamlessly from your open-plan kitchen and living areas.

What could be described as the epitome of family living this large family home offers a very functional and well thought out floorplan that boasts 6 bedrooms or 5 bedrooms plus gym, supersized media room, 3 full bathrooms with a full bathroom on the lower level, 4 internal living areas in total, triple lock up garage plus a drive through 4th parking spot/side access at the side of the garage and a family sized pool that the kids will love this summer. The gourmet kitchen is well equipped with stone bench tops, a 6 burner gas cooktop, a butler's pantry, and a glass splashback that overlooks the pool perfect to keep an eye on the kids. The generous open-plan lounge/dining area effortlessly flows to the very private entertaining area and family-sized pool.

A convenient location with Mayfair Village, Moreton Bay Girls College, the Gumdale Village, the Gumdale State School, and Wakerley Park are all within a couple of minutes from your new front door. This is a very rare opportunity to acquire a home of this quality, in such an outstanding location. Make sure you view this one before it is gone.

Read the full description

32 Red Gum Cres Wakerley Features

- Gumdale State School catchment (private school facilities without the fees)

- 25 Minutes to the CBD, 20 minutes to the airport, 10 minutes to Manly Yacht Club

- 10 Minutes to Westfield Carindale, Cannon Hill shopping centre, Wynnum Central

- 3 Car garage with storage area or workshop plus side access for a 4th car

- 6 Good sized bedrooms 5 with built-ins or walk-in robes

- 6th bedroom is set up as a gym and the 5th as an office

- 3 Full bathrooms, 2 on the first floor and the 3rd on the ground floor

- Open plan living and dining that flows to the outdoor entertaining area

- Gaming area with pool table and fireplace

- Fully enclosed large media room

- 4th Living space upstairs that is great for a kid's retreat

- Well-appointed kitchen with ample storage and bench space

- Walk through butler's pantry that connects to the separate laundry

- 4th space at the side of the garage for a jet ski, trailer, or extra car

- Family-sized heated pool ready to go for summer with a large sun-baking area

- Excellent privacy with a very tranquil feel

- Crimsafe, alarm system, heaps of storage and ducted air

Properties like this are rarely offered to the market so arrange your inspection today. Don't wait to be told it's sold. I look forward to hearing from you soon.

Listing description written by Todd Gerhardt, RE/MAX Advantage — 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.