Meringandan West at a glance
3,256
People
$890,000
Median sale
$661/wk
Median rent
3.86%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
QLD › Meringandan West › Peters Rd
$797,500
Last sold
10 Nov 2023
3
Bedrooms
2
Bathrooms
10
Car spaces
26,100 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
$797,500
10 Nov 2023 · derived via latest_sale
Local land rate: recorded Rural Property sales in Meringandan West (last 5 years) with land size have a median of $198/m² of land (n=15). Districts calculation from recorded sales — not a valuation.
Meringandan West at a glance
3,256
People
$890,000
Median sale
$661/wk
Median rent
3.86%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Vs Meringandan West
-10.4%
Median sale
Suburb $890,000
+0.45 pp
Gross yield
Suburb 3.86%
Suburb median $890,000 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 $661/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
Meringandan West at a glance
3,256
People
$890,000
Median sale
$661/wk
Median rent
3.86%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Jess Jones Real EstateSitting pretty on 6.45acres right in the middle of residential Meringandan West, this lovely brick homestead with a north-easterly, leafy outlook is a phenomenal find! Just perfect for hobby farmers, with all the benefits of urban living, you'll think all your Christmases have come at once.
Cleverly designed to capture the morning light, beautifully ample living spaces plus brilliant extras such as an enormous 12m x 14m Machinery Shed, 4 Rainwater tanks, two dams and so much more, this well-built G.J Gardiner haven, with its Tuscan vibe, is simply divine. And, all this paired with acreage...WOW!
Why you'll love this property:
• 6.45acres - think of the possibilities
• Only 5 mins to Highfields or 30 mins to CBD Location
• Perfect for Horses and Pets
• Two Dams (one currently dry)
• G. J Gardiner Home - Built 2001
• Spacious Open Plan Living
• 3 Built-in Bedrooms
• Main Bedroom with Ensuite
• Massive Second Living/Studio or 4th Bedroom
• Spacious Kitchen with
• Walk-in Pantry
• Fans throughout
• Gas heater points in Living Areas
• Covered Alfresco
• Main Bathroom with Separate Bath/Shower
• Security Screens
• Town Water
• 2 small tanks + 2 large tanks
• 51,000L tank water to the house
• Septic
• Covered Carport for 3 vehicles
• Expansive all-weather driveway for more parking
• Fully Fenced with multiple yards
• High Colourbond Fence at the front of the property for privacy
• Rich in bird life
SHED: No shortage of storage with a 14m x 12m Powered Machinery Shed with 4 x large fluoro lights, power points along the walls and crusher dust flooring.
INFRASTRUCTURE: A day yard with access into the garden yard. The Garden yard and stable complex have taps driven by a pump and supplied by 26,000L of tank water. Old cattle yards are more decorative then functional.
FRUIT TREES: The property has fruit and citrus trees including mandarin, oranges, lemons, limes, grapefruit, plum, apple, pear, fig and mulberry and olive.
RATES: $1211 per half year nett
WATER RATES: $314.59 per half year nett
Please don't hesitate, opportunities like this don't come by often. See you at the Open Home!
Disclaimer: We strive to ensure all relevant information disclosed is correct, but acknowledge that, at times, some details may be inaccurate. Please be sure to do your own research during your inspection or during contractual searches.
Listing description written by Amy Makim, Jess Jones Real Estate — reproduced as published, not verified by Districts.
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