Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
QLD › Westlake › Raeside St
$895,000
Last sold
28 Oct 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
988 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
$895,000
28 Oct 2021 · derived via latest_sale
Local land rate: recorded House sales in Westlake (last 5 years) with land size have a median of $1,750/m² of land (n=137). Districts calculation from recorded sales — not a valuation.
Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Westlake
-45.8%
Median sale
Suburb $1,650,444
+2.04 pp
Gross yield
Suburb 2.41%
Suburb median $1,650,444 from 16 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 $766/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.
Nearby
Area
Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by One Agency Forest LakeRENOVATED BEAUTY ON 988m2 BLOCK WITH POOL!!! Featuring a unique fusion of space and style, this gorgeous residence has all of the requirements for sophisticated family living in a sought-after suburban location with a picturesque outlook to enjoy.
The floor plan spans across an easy care 988m2 block on two levels, perfect for a professional couple or a family with cool breezes and a relaxing outlook with lovely views, offering living spaces that flow from room to room with ease without compromising on space and privacy. The kitchen is to die for and is a chef's dream featuring stone bench tops and quality stainless steel appliances, dishwasher with a view to the backyard area.
There's a front lounge and dining area with another separate living room + fireplace at the rear of the home with 3 bedrooms and 1 bathroom with a separate toilet. The second living area can be closed off from the front of the home which makes it perfect for teenagers or for the home office area.
The upper floor comprises of a retreat or study, a Master suite including a 2-way bathroom, air-conditioning, fans, and built-ins.
Air Conditioning, ceiling fans, and an impressive entry. The beautiful surroundings low maintenance gardens become part of the house with plenty of glass windows showing off the outlook. Not only is it a beautiful setting but you are positioned perfectly to supervise children as they play in the backyard or relax in your private heated swimming pool and spa. Entertaining is a breeze with a large covered pergola including a bar and built-in BBQ. The house exudes a light airy feeling in an elegantly modern style and is ideal for entertaining, relaxing or working from your home.
Warm neutral colours add a touch of understated elegance to this highly adaptable space that can easily accommodate everything from quiet family living or entertaining with style. Designed with the perfect aspect, it has a free-flowing design with open plan living at its best and airflow for temperature control that stays cool in the summer and warm in the winter.
Attention to detail adds another layer of lustre. Wall niches and beautiful light fittings ideal for showcasing artwork are accented by natural lighting. Clean lines and beautiful tiled floors contribute to an easy-care, low-maintenance interior, while the neutral decor flatters a range of furnishings.
The location can't get any better being situated within a short distance to practically everything. Easy access to major routes to the CBD, public + private schools, parks, the Shopping Centres & all amenities.
37 Raeside St, Westlake Features:
988m2 Block
Newly painted internally & externally
Roof re-pointed and re-painted
4 bedrooms (all with built-in robes)
Ensuite to master & main bathroom
2-way access & separate toilet/shower
Ceiling Fans throughout
Air-Conditioning
Kitchen with 40mm caeser stone
Stainless steel appliances
Smeg pyro oven
Dishwasher
Plumbing for ice/water fridge
Walk-in pantry
Lounge room
Fireplace
Insulation
Separate laundry with storage
Balcony
Upstairs retreat/study
Double lock up remote garage
Drive-thru access
Covered outdoor entertainment area
Built-in BBQ
Gas heated spa and pool
Bar
Salt-water pool with built-in chlorinator
Rainwater tank
Garden Shed
Close to amenities
Park just 100m away
+ Much More!
Contact Isaac Nguyen today for your private inspection, or come along to the open homes!
Disclaimer:
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Property Code: 669
Listing description written by Isaac Nguyen, One Agency Forest Lake — reproduced as published, not verified by Districts.