Waterford West at a glance
7,842
People
$869,444
Median sale
$520/wk
Median rent
3.11%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
QLD › Waterford West › Mcgrath St
$610,000
Last sold
11 Apr 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
895 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
$610,000
11 Apr 2023 · derived via latest_sale
Local land rate: recorded House sales in Waterford West (last 5 years) with land size have a median of $993/m² of land (n=93). Districts calculation from recorded sales — not a valuation.
Waterford West at a glance
7,842
People
$869,444
Median sale
$520/wk
Median rent
3.11%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Vs Waterford West
-29.8%
Median sale
Suburb $869,444
+1.32 pp
Gross yield
Suburb 3.11%
Suburb median $869,444 from 44 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 $520/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
Waterford West at a glance
7,842
People
$869,444
Median sale
$520/wk
Median rent
3.11%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Chris Lui Real Estate Chris Liu Real EstateLooking for your new hideaway? Look no further than this stunningly presented home situated on a spacious 895m2 block. Freshly painted both inside and out, this property is ready for its new family to move in and enjoy.
Upon entering, you'll be welcomed by beautiful polished timber look flooring that flow throughout the home. Step outside onto the private, secluded veranda and take in the breath taking views of Moffatt park's undisturbed trees.
This home boasts three bedrooms and one bathroom upstairs, while downstairs offers a one-bedroom, one-bathroom private living space complete with its own lounge rooms and convertible kitchenette, perfect for accommodating guests, teenagers, or in-laws.
The unbeatable location of this property offers convenient access to Marsden State School in just a two-minute drive, Marsden State School in five minutes, and Home & Co Marsden with Coles and specialty shops, Waterford Plaza, Tygum lagoon & park, and The Queenslander Hotel for great food. Commuting is made easy with the Pacific and Logan Motorways providing quick access to Brisbane City in just 30 minutes and the Gold Coast in 40 minutes.
Property Features
Upstairs
• 3 large bedrooms with built in robes
• Freshly painted inside & out
• Spacious kitchen looking out to the park
• Large open Living & dining
• Polished timber floors throughout
• Modern bathroom
• Double Carport
• Covered outdoor deck
• Fully fence bark yard
• School catchments, Marsden State School & Marsden State High school
Downstairs
• 1 bedroom with built in robe
• Private living room
• Combined bathroom/toilet
• Separate access
• Covered alfresco
Enter the property market with confidence in this family-friendly setting and if you can see yourself taking advantage of this fantastic opportunity, give Tarquin a call today on 0481 816 287 and make it yours today!
Listing description written by Tarquin Wallace, Chris Lui Real Estate Chris Liu Real Estate — reproduced as published, not verified by Districts.
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