Riverhills at a glance
4,267
People
$1,244,444
Median sale
$687/wk
Median rent
2.87%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
QLD › Riverhills › Lugano St
$530,000
Last sold
2 Aug 2021
3
Bedrooms
1
Bathrooms
2
Car spaces
599 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
$530,000
2 Aug 2021 · derived via latest_sale
Local land rate: recorded House sales in Riverhills (last 5 years) with land size have a median of $1,453/m² of land (n=115). Districts calculation from recorded sales — not a valuation.
Riverhills at a glance
4,267
People
$1,244,444
Median sale
$687/wk
Median rent
2.87%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Vs Riverhills
-57.4%
Median sale
Suburb $1,244,444
+3.87 pp
Gross yield
Suburb 2.87%
Suburb median $1,244,444 from 22 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 $687/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
Riverhills at a glance
4,267
People
$1,244,444
Median sale
$687/wk
Median rent
2.87%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX IgniteThis three bedroom home situated on an elevated generous 599sqm block which backs onto a nature reserve has had some recent love poured into it and is now ready for its new owners. Offers will be accepted prior to the auction date but will need to unconditional to any conditions before the Auction date to be accepted by the owners.
Property Features:
Formal Lounge and Dining Space at the front of the home
Recently renovated kitchen with a bank load of cupboards, island bench, wall oven, subway tile splashback and generous amount of bench space
Second living area opening out to the undercovere entertaining area
Large covered outdoor entertainment area
New modern carpets in all the bedrooms and front lounge/dining room
Professionally painted interior
Air conditioning
Large laundry
Two way bathroom with shower and bath (that needs renovating)
Rear garden shed
Security screens
Two carlock up garage
Located 20km from the city's CBD, this sophisticated home is in one of Brisbane West's most popular suburbs, Riverhills. A short drive from Wacol Train Station, this home is in a centrally located position for people looking to work in either the Brisbane CBD and Ipswich CBD. This home is located in the sought after suburb of Riverhills, only a few minutes drives from Mt Ommaney Shopping Centre, local Cafes, award winning restaurants and Jindalee DFO.
Please contact Adam Workman or Roxanne Workman from RE/MAX Ignite and RE/MAX Profile Real Estate Pty Ltd for your welcomed inspection
"RE/MAX Ignite has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective tenants should make their own enquiries to verify the information contained in this advertisement."
Due to current COVID restrictions, property inspections, open homes and entry conditions may change without any notice. This includes but is not limited to, cancellations, mandatory mask wearing and number of persons permitted into the property at each inspection. It is also a requirement that visitors check in using the Check In QLD app for the purpose of contact tracing before being permitted entry to the property.
This property is being sold without a price and therefore a price guide can't be provided. The website may have filtered the property into a price bracket for website functionality purposes. As per legislation no price and no price range will be given to potential buyers. The owners have given permission for area sales to be supplied upon request.
Listing description written by Roxanne Workman, RE/MAX Ignite — reproduced as published, not verified by Districts.