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QLD › Everton Hills › Formosa Ct

4 Formosa Ct, Everton Hills QLD 4053

House

$840,000

Last sold

12 Jan 2024

3

Bedrooms

1

Bathrooms

1

Car spaces

607 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 $840,000 (12 Jan 2024).(Recorded sale)
  • FactLand 607 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Everton Hills (last 5 years) with land size: median $1,632/m² of land (n=111). 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

$840,000

12 Jan 2024 · derived via latest_sale

Local land rate: recorded House sales in Everton Hills (last 5 years) with land size have a median of $1,632/m² of land (n=111). Districts calculation from recorded sales — not a valuation.

Everton Hills at a glance

7,215

People

$1,252,888

Median sale

$742/wk

Median rent

3.08%

Suburb gross yield

Median sale from 35 recorded sales (last 12 months) — a Districts calculation.

See the full Everton Hills report →

Vs Everton Hills

-33.0%

Median sale

Suburb $1,252,888

+1.51 pp

Gross yield

Suburb 3.08%

Suburb median $1,252,888 from 35 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$840,00012 Jan 2024
  2. Listedprice unknowncompleted5 Dec 2023

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 $742/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

Everton Hills in one glance

Everton Hills at a glance

7,215

People

$1,252,888

Median sale

$742/wk

Median rent

3.08%

Suburb gross yield

Median sale from 35 recorded sales (last 12 months) — a Districts calculation.

See the full Everton Hills report →

Keep researching

  • Why Everton Hills? Read the area thesis →
  • What else is on the market in Everton Hills →
  • Other records on Formosa Ct →

Listing material

Listed by Harcourts Solutions Windsor

UNDER CONTRACT

This highset home is perched an an elevated cul-de-sac with leafy views, cool breezes, plenty of space & still heaps of potential. Spacious air-conditioned open home living/kitchen with hardwood timber floors opens to your covered front verandah enjoying a peaceful leafy outlook. Also upstairs there's 3 bedrooms, family bathroom & separate laundry.

Internal stairs leads down to the tiled entry with internal access to a roomy rumpus space opening to private covered outdoor entertaining; an ideal space for both little & big kids (Man cave!). There's also internal access to the lock up garage with good storage.

Stepping outside finds a terraced yard with a couple of level grassed areas alongside paved backyard entertaining with a fully fenced backyard.

Read the full description

Features:

3 bedrooms with ceiling fans, 2 with built-in-wardbobe

Spacious open plan living with hardwood timber floors & a/c

Modern kitchen with good storage

Covered front verandah with leafy outlook

Family bathroom & separate laundry

Internal stairs to roomy rumpus

Private covered front courtyard

Level grassed sections & paved backyard entertaining

Fully fenced backyard

1 car lock up garage with storage

Photos used in marketing were taken in November 2020 as property is currently tenanted. Call for more info.

Location:

250m to Bus Stop

500m to Leslie Patrick Park

600m to Prince of Peace Senior College

1.1km to Arana Hills Plaza

1.2km to Arana Leagues Club

1.4km to Prince of Peace Primary School

Everton Hills is a fast growing gem with plenty of sweeping bike ways throughout, parks and surrounded by nature, this place is capturing the hearts of many buyers for this sought after suburb. Being only 10km from the city with local facilities within walking distance it is easy to see why people are falling in love. Families have the ease with local schools nearby like the very popular Price of Peace, McDowall state school and Northside Christian College. Facilities for your local trades, hardware, automotive services and local shops located at Camelia Avenue, Chinook Street and Queens Road will make living easy. Local shopping centres only minutes away Brookside shopping centre, Arana Hills Plaza or a short drive to shop at Westfields Chermside.

Listing description written by The Whitehead & Crump Team, Harcourts Solutions Windsor — reproduced as published, not verified by Districts.

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.