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QLD › Parkwood › Colorado Circuit

38 Colorado Circuit, Parkwood QLD 4214

House

$830,000

Last sold

2 May 2024

3

Bedrooms

2

Bathrooms

2

Car spaces

437 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 $830,000 (2 May 2024).(Recorded sale)
  • FactLand 437 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Parkwood (last 5 years) with land size: median $1,643/m² of land (n=135). 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

$830,000

2 May 2024 · derived via latest_sale

Local land rate: recorded House sales in Parkwood (last 5 years) with land size have a median of $1,643/m² of land (n=135). Districts calculation from recorded sales — not a valuation.

Parkwood at a glance

9,138

People

$1,347,500

Median sale

$943/wk

Median rent

3.64%

Suburb gross yield

Median sale from 60 recorded sales (last 12 months) — a Districts calculation.

See the full Parkwood report →

Vs Parkwood

-38.4%

Median sale

Suburb $1,347,500

+2.27 pp

Gross yield

Suburb 3.64%

Suburb median $1,347,500 from 60 recorded sales (last 12 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$830,0002 May 2024
  2. Listedprice unknowncompleted25 Mar 2024

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 $943/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

Parkwood in one glance

Parkwood at a glance

9,138

People

$1,347,500

Median sale

$943/wk

Median rent

3.64%

Suburb gross yield

Median sale from 60 recorded sales (last 12 months) — a Districts calculation.

See the full Parkwood report →

Keep researching

  • Why Parkwood? Read the area thesis →
  • What else is on the market in Parkwood →
  • Other records on Colorado Circuit →

Listing material

Listed by Ray White Robertson

CONFIDENT STARTER - REVAMPED MODERN LOWSET FAMILY HOME

Boasting a modern floorplan, updated lighting, new flooring and recently repainted interior, this lowset home is ready and awaiting one thing…you! A fantastic prospect for those starting their journey into home ownership and those wanting to take the dip into real estate investment, this is an opportunity not to be missed.

Low maintenance and with room for customization this home is move in ready and will allow you to integrate your personal sense of style and modernity.

Features include:

Read the full description

• Generous master bedroom with ensuite, air-conditioning and built-in-robe

• Two other bedrooms are both well-sized and complete with built-in-robe

• Two bathrooms - main bathroom with separate bath and shower + separate toilet

• Air-conditioning and ceiling fan add comfort in the living room

• Good sized kitchen with dishwasher, pantry and breakfast bar

• Open plan living and dining area with access to backyard for easy entertaining

• Freshly painted, with updated lighting & new flooring throughout

• Spacious open air alfresco area

• Elevated 437m² block catches the coastal breezes

• Fully fenced backyard - ideal for children and pets to run amuck and play with freedom

• Double lock up garage with remote door + additional parking in driveway

Parkwood offers an idyllic backdrop in an unsurpassable location with established conveniences and connectivity in spades. Surrounded by scenic bushlands, peaceful lake lands and a short drive to the beach and the heart of the "Goldie", Surfers Paradise, your leisure filled weekends are going to be enmeshed in your local community. Local shopping destinations include Arundel Plaza, Australia Fair, Westfield Helensvale, Ashmore City, and Harbour Town. Instilling a love of learning, you are in catchment for Arundel State School & Pacific Pines State High School and only 10 minutes-drive from Griffith University Gold Coast Campus & Griffith University Hospital precinct. Commuting is easy with an established light rail and bus network in proximity as well as the added convenience of direct access to the M1 motorway and Gold Coast arterial motorways.

This home is a wonderful example of the Gold Coast's entry point into the real estate market. Please contact John Heng 0430 800 208 for more information.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Listing description written by John Heng, Ray White Robertson — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1

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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.