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QLD › Drewvale › Muscari Cres

38 Muscari Cres, Drewvale QLD 4116

House

$995,000

Last sold

17 Aug 2024

5

Bedrooms

2

Bathrooms

2

Car spaces

700 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 $995,000 (17 Aug 2024).(Recorded sale)
  • FactLand 700 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Drewvale (last 5 years) with land size: median $1,578/m² of land (n=118). 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

$995,000

17 Aug 2024 · derived via latest_sale

Local land rate: recorded House sales in Drewvale (last 5 years) with land size have a median of $1,578/m² of land (n=118). Districts calculation from recorded sales — not a valuation.

Drewvale at a glance

4,959

People

$1,200,000

Median sale

$750/wk

Median rent

3.25%

Suburb gross yield

Median sale from 29 recorded sales (last 12 months) — a Districts calculation.

See the full Drewvale report →

Vs Drewvale

-17.1%

Median sale

Suburb $1,200,000

+0.67 pp

Gross yield

Suburb 3.25%

Suburb median $1,200,000 from 29 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$995,00017 Aug 2024
  2. Listedprice unknowncompleted15 July 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 $750/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

Drewvale in one glance

Drewvale at a glance

4,959

People

$1,200,000

Median sale

$750/wk

Median rent

3.25%

Suburb gross yield

Median sale from 29 recorded sales (last 12 months) — a Districts calculation.

See the full Drewvale report →

Keep researching

  • Why Drewvale? Read the area thesis →
  • What else is on the market in Drewvale →
  • Other records on Muscari Cres →

Listing material

Listed by LJ Hooker Browns Plains

Sold Under The Hammer at the Auction by Amit & Bala

Your Grand Living awaits at Stretton College catchment!

Nestled in the tranquil surrounds of Drewvale, 38 Muscari Crescent presents a grand opportunity for upsizing families and astute investors alike. This palatial residence, boasting six bedrooms and sprawling across a generous 700 square metre parcel of land, offers an abundance of space and a flexible floor plan to accommodate even the most dynamic of family needs. Upon entering this distinguished home, you are welcomed by an aura of sophistication and warmth. Five capacious bedrooms ensure each family member enjoys their personal haven, while the master suite becomes your private retreat, complete with a voluminous walk-in robe and an expansive ensuite. The additional room, serving as a sixth bedroom or a media room, provides a versatile space that adapts to your lifestyle, whether you require a secluded home cinema or a functional home office.

The heart of the home is the modern kitchen, complete with sleek cabinetry and high-quality electric appliances, where culinary endeavours become a pleasure. Transitioning seamlessly from the kitchen are two separate living areas, each tailored for comfort and designed to host gatherings or provide a quiet nook for relaxation.An inviting covered outdoor entertaining area offers the perfect backdrop for year-round festivities and family barbecues, enhancing the living experience. Further convenience is added with a separate laundry room, and the luxury of air conditioning in both the master suite and the main living area.

Read the full description

Key Features:

* 5 Large Bedrooms: Spacious and comfortable, providing ample room for the whole family.

* Master Bedroom with huge walk-in robe and spacious Ensuite

* 6th Bedroom/Media Room is flexible space that can be used as an additional bedroom, media room, or home office.

* modern kitchen, complete with sleek cabinetry and high-quality electric appliances

* 2 Separate Living Spaces enjoy the luxury of two distinct living areas, perfect for both relaxation and entertaining.

* Separate Laundry Room

* Air Conditioning: Stay comfortable with A/C in both the master bedroom and the living area.

* Covered Outdoor Entertaining Area Perfect for all-year-round entertaining, this outdoor space is ideal for gatherings and family barbecues.

* Double garage with remote access

Note: Building and Pest Report available upon request

Nestled in the quiet, leafy streets of Drewvale, you'll find yourself within walking distance to Stretton State College, Aldi, and convenient bus stops, with easy access to both the M2 and M6 highways. This is the perfect home for those seeking comfort, convenience, and a family-friendly environment. Situated within the prestigious Stretton State College catchment, this prime location promises top-tier education for the younger residents. The conveniences of life are never far, with Aldi, bus stops, and swift access to the M2 and M6 motorways, ensuring your commute is as breezy as your home life.

38 Muscari Crescent, Drewvale, is more than a residence; it's a lifestyle sanctuary designed for those seeking space, luxury, and the utmost convenience. Your grand living awaits!

Disclaimer:

All information contained herein is gathered from sources we consider to be reliable however we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.

Listing description written by Bala Rajan, LJ Hooker Browns Plains — 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.