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QLD › Riverhills › Karumba Pl

4 Karumba Pl, Riverhills QLD 4074

House

$750,000

Last sold

1 Dec 2022

4

Bedrooms

2

Bathrooms

2

Car spaces

815 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 $750,000 (1 Dec 2022).(Recorded sale)
  • FactLand 815 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Riverhills (last 5 years) with land size: median $1,459/m² of land (n=114). 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

$750,000

1 Dec 2022 · derived via latest_sale

Local land rate: recorded House sales in Riverhills (last 5 years) with land size have a median of $1,459/m² of land (n=114). Districts calculation from recorded sales — not a valuation.

Riverhills at a glance

4,267

People

$1,244,444

Median sale

$687/wk

Median rent

2.87%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Riverhills report →

Vs Riverhills

-39.7%

Median sale

Suburb $1,244,444

+1.89 pp

Gross yield

Suburb 2.87%

Suburb median $1,244,444 from 22 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$750,0001 Dec 2022
  2. Listedprice unknowncompleted12 Oct 2022

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 $687/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

Riverhills in one glance

Riverhills at a glance

4,267

People

$1,244,444

Median sale

$687/wk

Median rent

2.87%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Riverhills report →

Keep researching

  • Why Riverhills? Read the area thesis →
  • What else is on the market in Riverhills →
  • Other records on Karumba Pl →

Listing material

Listed by Professionals Oxley

SOLD

This property was NOT flood affected by rain events in recent years, and in 2011 had a small amount of water inside the rear 2 metres of the fence line but no water in the main yard nor anywhere near the home.

This unique home is sure to impress and is one of the biggest and best in the area.

A one owner home since being built in 1998, and set on a massive 815 m2 block with a generous 22 metre frontage means you have more room than most.

Read the full description

Spacious inside and beautifully maintained both inside and out, here is a unique opportunity to move into a truly comfortable home and add your own finishing touches.

* Please note this property was not affected by recent flood events*

Have a look at what’s on offer, an inspection will impress-

- Entire home has ducted air conditioning throughout

- Main bedroom is spacious and has an ensuite and built-in robe, with access to the rear patio

- Three more bedrooms, 2 with built-ins and one ideal as a bedroom or study

- Large lounge room with sweeping views out to the rear patio and yard

- Modern kitchen and dining/family room, fully tiled with patio access

- Family bathroom, separate toilet and internal laundry with good cupboard space

- Massive rear covered patio area looking out onto a family friendly yard

- Double garage with remote control access and storage cupboard space

- Solar power with a 6.6 kw system and approx. 20 panels

- Multiple water tanks

- Fully fenced yard with side gate access on both sides

With an easy walk to the local bus stops, and short drive to local shopping centres, primary schools and child care centres nearby, and in a quiet precinct, this is one lovely property.

Listing description written by Peter Torbey, Professionals Oxley — 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.