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QLD › Wacol › Monterey St

36 Monterey St, Wacol QLD 4076

House

$320,000

Last sold

9 Apr 2015

4

Bedrooms

2

Bathrooms

2

Car spaces

683 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $320,000 (9 Apr 2015).(Recorded sale)
  • FactLand 683 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Wacol (last 5 years) with land size: median $1,117/m² of land (n=27). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$320,000

9 Apr 2015 · derived via latest_sale

Local land rate: recorded House sales in Wacol (last 5 years) with land size have a median of $1,117/m² of land (n=27). Districts calculation from recorded sales — not a valuation.

Wacol at a glance

4,618

People

$794,500

Median sale

$495/wk

Median rent

3.24%

Suburb gross yield

Median sale from 14 recorded sales (last 24 months) — a Districts calculation.

See the full Wacol report →

Vs Wacol

-59.7%

Median sale

Suburb $794,500

+4.80 pp

Gross yield

Suburb 3.24%

Suburb median $794,500 from 14 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$320,0009 Apr 2015
  2. Listedprice unknowncompleted10 Dec 2014

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $495/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Wacol in one glance

Wacol at a glance

4,618

People

$794,500

Median sale

$495/wk

Median rent

3.24%

Suburb gross yield

Median sale from 14 recorded sales (last 24 months) — a Districts calculation.

See the full Wacol report →

Keep researching

  • Why Wacol? Read the area thesis →
  • What else is on the market in Wacol →
  • Other records on Monterey St →

Listing material

Listed by First National Real Estate Westside

House and Granny Flat in Wacol

What a marvellous idea, have a house with a self contained granny flat where you can live in one and rent out the other. This would have to be an outstanding investment choice if ever I saw one.

This must have been one of the first granny flats created in the area and fully certified through council. Originally for an elderly relative but this would also be ideal for a young adult wanting to get their own place but unable to afford to do so.

Set in the heart of Wacol, if you had a strong arm you could probably throw a stone to the local Train Station. Perfect for those liking to get out an about without having to take out the car.

Read the full description

At A Glance;

Beautiful Street Frontage. This sets the scene for what you will find inside. Immaculately presented inside and out.

Double Lock up garage with remote controlled door. Keep you prized possessions safe away during these intense stormy seasons

Covered pergola in the rear yard with plenty of run around space for the little ones

Gas Hot water system with town gas supply. No more pesky gas bottles needing to be refilled.

Safety switch and smoke alarms

Louvre awnings and security bars in most areas.

Long deck off the side with access to both sections of the property.

Heaps of guest parking spaces

Walk to the local Train Station

Lovely quiet neighbourhood

Main House;

3 spacious bedrooms

Gorgeous newly renovated bathroom with corner shower and large vanity area

Stunning white 2-pac kitchen, newly renovated. Electric stove and space for dishwasher or a second fridge

Lovely open plan living and dining area with air conditioning and carpeted floors

Separate laundry with access and ramp to the washing line at the rear

Freshly painted and looking just fabulous as it waits for you the new owner to move right in and make it your home.

Granny Flat;

Self contained are with its own entry

Bedroom with 2 small built in cupboards

Bathroom with toilet, vanity and shower

Spacious lounge room with full sized kitchen

Carpeted floors with vinyl in the kitchen

Seeing is believing and this house is just perfect in price and presentation, you really will need to be quick to ensure you don't miss out on this one.

From the very first glance you can see how well this home has been maintained over the years. It will be sad for the owner to move on after so many happy years, but, alas, it is time for the owner to move in with family and let her prized possession go.

Newly painted and a newly installed kitchen and bathroom, there is little left that you could need to do except move you and your family in.

The neighbourhood is lovely and the easy access to the train station is sure to be fabulous when you are wanting to head into the city for your occasional night out in the town.

The added advantage of the granny flat is going to make your life so much easier. You can move in the elderly relative or you can let the young adults have a little more independence without the expense of finding their own place.

The gardens and outdoor area are lovely too, with long veranda leading to both entrances which creates a lovely place to sit down with a nice cup of tea and the outdoor pergola is perfect for your family gatherings. Don't worry about parking during these occasion either, there is a double garage as well as a huge driveway which I reckon, could fit probably 6 or 7 other cars if need be.

Available for viewing at a time to suit you, please call me anytime and let's see if this house tops your list. Call Sarah-Jayne Hall today and let's get this ball rolling

Listing description written by Sarah-Jayne Hall, First National Real Estate Westside — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.