Crestmead at a glance
12,841
People
$863,500
Median sale
$591/wk
Median rent
3.56%
Suburb gross yield
Median sale from 78 recorded sales (last 12 months) — a Districts calculation.
QLD › Crestmead › Greenpark Dr
$690,000
Last sold
6 June 2022
4
Bedrooms
3
Bathrooms
2
Car spaces
529 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
$690,000
6 June 2022 · derived via latest_sale
Local land rate: recorded House sales in Crestmead (last 5 years) with land size have a median of $996/m² of land (n=153). Districts calculation from recorded sales — not a valuation.
Crestmead at a glance
12,841
People
$863,500
Median sale
$591/wk
Median rent
3.56%
Suburb gross yield
Median sale from 78 recorded sales (last 12 months) — a Districts calculation.
Vs Crestmead
-20.1%
Median sale
Suburb $863,500
+0.89 pp
Gross yield
Suburb 3.56%
Suburb median $863,500 from 78 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 $591/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
Crestmead at a glance
12,841
People
$863,500
Median sale
$591/wk
Median rent
3.56%
Suburb gross yield
Median sale from 78 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Stone Real Estate LoganOutstanding Investment Opportunity
A fantastic investment opportunity awaits the savvy investor with this stunning dual-key property which has both exceptional tenants plus sensational returns. Being just over 6 years young this dual key property still offers depreciation benefits and is earning an impressive $630 per week. Dual Key Properties offer the safety of two separate leases which makes the perfect investment as you always have an income for the property.
Located in a thriving area with development happening throughout the area making the location a stand out investment locale. Situated close to the bus stop, Shopping Centre, Busway and Schools and close to major arterial roads including the M1 and Logan Motorway, getting around is a breeze.
This near new dual-key property still presents as brand new ensuring a comfortable and stress-free investment. Each side is a separate self-contained home, with it's own rental income stream. The property consists of 3 bedrooms, 2 bathrooms & open plan living to the one side & a 1 bedroom, 1 bathroom open planned living dwelling on the other side both with their own secure car spaces with remote doors, air con, ceiling fans, as well as their own alfresco area with enclosed backyards.
1/33 Greenpark Drive:
-Currently rented for $330 per week fixed term until 26/01/2023
-3 Great sized bedrooms with built in robes and ceiling fans
-Master includes ensuite, walk in robe & air conditioner
-Spacious lounge and dining area with air conditioner
-Large modern kitchen with plenty of cupboard space, dishwasher, range hood, electric cook top and stainless steel oven
-Separate bath and shower with double basins on vanity
-Internal access to single lock up garage
-Nice patio area
-Fully fenced yard
2/33 Greenpark Drive:
-Currently rented for $300 per week fixed term until 26/01/2023
-1 Great sized bedroom with built in robe & ceiling fan
-Air-conditioned lounge area with sliding door to front patio area.
-Modern kitchen with dishwasher, stainless steel oven, range hood and electric cook top
-Breakfast Bar
-Internal laundry
-Modern bathroom with bath and shower
-Security screens on sliding door and windows
Rental appraisals in the current market are $380 to $400 and $320 to $340
This opportunity can't be missed!!! Savvy investors can't go past this one. Two income-producing properties on one title giving the astute investor a weekly return of $630. This is your chance to enjoy a dual-income with this prized offering, don't delay, call me now!!
Listing description written by Jason Savage, Stone Real Estate Logan — reproduced as published, not verified by Districts.