Springwood at a glance
10,231
People
$1,235,000
Median sale
$690/wk
Median rent
2.91%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
QLD › Springwood › Lenore Cres
$1,250,000
For sale
Asking
4
Bedrooms
2
Bathrooms
2
Car spaces
640 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
Asking
$1,250,000
Asking · $1,953/m² of land
No recorded sale for this property.
Springwood at a glance
10,231
People
$1,235,000
Median sale
$690/wk
Median rent
2.91%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
Vs Springwood
+1.2%
Median sale
Suburb $1,235,000
-0.04 pp
Gross yield
Suburb 2.91%
Suburb median $1,235,000 from 65 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$61,330 on top of the price (4.9% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Springwood's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $690/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.
Gross yield if leased at the suburb aggregate is 2.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
Springwood at a glance
10,231
People
$1,235,000
Median sale
$690/wk
Median rent
2.91%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX CommunityThis property has it all;
-Dual living: 2 families will leave in total privacy and perfectly independent from each over
-Large block of 640m2 with secured back garden, ideal for a growing family
-Massive wooden deck with an impressive multi-million dollar view
-Walking distance to everything, including shopping, busway, restaurants, hotel and pub, schools, parks etc
-Development potential: As zoned low to medium density residential apartment precinct, you can at any moment establish an apartment building as a legacy to the family (See last photo, drawings of a potential apartment building that council should allow on this block)
-2 minutes access to the Pacific Highway
As soon as you walk through the door of the main house upstairs, the large opening at the back onto the massive wooden deck will seduce you, the view is impressive.
The large covered deck, on the full length of the house, is the master piece of this property, the preferred place of the family, for a bbq or just relaxing watching the view. The man of the house, after a hard day at work, enjoys watching the sunset sipping a Monkey Shoulder, his preferred drink. The place is amazing, magic.
The two houses can be accessed individually from the outside, or if same family uses the whole property, upstairs and downstairs, the internal stairs then will transform this dual living house into a large and cosy family home.
The garden is simple to maintain, and the back lawn is perfect for the kids to play, very secure as gated on both sides of the house. The granny flat also opens on a large patio, overlooking the garden, from where the grand parents can relax while watching the kids playing outside. The granny flat is comfortable, with a large open kitchen - lounge and dining, one bedroom and modern bathroom and toilets, all beautifully arranged. The double remote control garage/carport on side leaves enough space for more cars to be parked front. The perfect house for a growing family, and a great investment for the future considering the zoning for a potential apartment building, that will be a legacy to the family.
FOR VIRTUAL TOUR, WHERE YOU CAN VIRTUALLY WALK IN THE WHOLE HOUSE, PLEASE CLICK ON THE LINK "3D TOUR"
Please call Merinda Kim now on 0437 643 181 or Reg on 0412 976 122 for an inspection if the open home times for inspection do not suit you.
Listing description written by Reg de Baritault, RE/MAX Community — reproduced as published, not verified by Districts.