Springwood at a glance
10,231
People
$1,235,000
Median sale
$690/wk
Median rent
2.91%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
QLD › Springwood › Lenore Crecent
5
Bedrooms
1
Bathrooms
2
Car spaces
739 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Springwood (last 5 years) with land size have a median of $1,490/m² of land (n=106). Districts calculation from recorded sales — not a valuation.
Springwood at a glance
10,231
People
$1,235,000
Median sale
$690/wk
Median rent
2.91%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
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 $690/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
Springwood at a glance
10,231
People
$1,235,000
Median sale
$690/wk
Median rent
2.91%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX CommunityThis family home is situated within the Greater Springwood Master Plan and has been zoned by the Logan City Council as low-medium density/apartments, that means 75 dwellings per hectare. To make it simple this property can accommodate 11 apartments of 1bed+Study room, or 6 huge apartments of 4/5 bedrooms, with swimming pool, BBQ area and Gym on roof top. The attached designed, done by an architect especially appointed for this site, is a beautiful building for 6 massive apartments, with 3 secured parking spaces per apartment.
How it all started: some years back, a few friends, four Doctors and two Lawyers, wanted to have a secured place for their respective family. They all work very long hours, and travel quite frequently all-around Australia. They wanted this apartment building for a peace of mind to have the family secured while travelling. Though they completed the design concept, they all got assigned professionally in different States of Australia, so the project never got started. Full set of drawings will be available at our open homes for inspections.
You can live in it now and develop in a couple of years, or just rent it for the time being while you can already start the Development Application (DA). For information AIRBNB in this zoning is allowed, and the location just between Brisbane CBD and the Gold Coast will attract guests from interstate and overseas. If the purpose of the purchase of this property is for Airbnb and other short term rental platforms, I would suggest then a building of only 1bed+Study room, so 11 apartments in total, that will rent all year long in this location. The choice is yours; you will never have a better location, in the middle of town, close to everything, and at the same time so peaceful.
- Walking distance to shops, busway (10 min Griffith University, 20 min Brisbane CBD), schools etc
- Easy access to Pacific Highway (Brisbane 25min, Gold Coast 40min) and Gateway Motorway (airport terminals 25 min)
- Large block of 739m2, zoned Low-Medium Density residential
- Can accommodate up to 11 dwellings
- Ideal location for short term rental accommodation such as Airbnb, Booking.com, Stays, VRBO etc
- Bike Track from Springwood to Brisbane CBD
- Close to popular and famous Daisy Hill Forest and Koala Park, ideal for long hours walk / cycling and bbq in the forest, an amazing place to be on a sunny Sunday with the family and friends
- Logan Hyperdome 10 min drive, Garden City shopping Centre 10 min drive
For any information, please call Reg on 0412 976 122 or Merinda Kim (PA) on 0437 643 181 for an inspection.
Listing description written by Reg de Baritault, RE/MAX Community — reproduced as published, not verified by Districts.