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.
QLD › Parkwood › Morfantaine Tce
$1,150,000
Last sold
24 June 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
645 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
$1,150,000
24 June 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.
Vs Parkwood
-14.7%
Median sale
Suburb $1,347,500
+0.62 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 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 $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.
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
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.
Listing material
Listed by COASTAL ° Paradise PointPerfectly positioned in the middle of a large, highly desirable 645m2, flat, private, corner block, in a very quiet tucked away pocket of Parkwood, this lovely home is as impressive as its location! Not only is the house superbly located in a very quiet double cul-de-sac, Golf Course street, but it also has a fantastic family friendly layout, plus an expansive outdoor area and all within walking distance to Gold Coast University Hospital and Griffith University!
As soon as you step into the home, and you are greeted by the oversized lounge room you know you are in a quality home that will provide space and comfort for your entire family. The house has been lovingly cared for and is in great condition throughout.
The living and dining area links flawlessly to the large kitchen and spills out easily to the oversized patio! Whilst the backyard provides an abundance of space and privacy with enough room for kids and pets to run about and even add a pool!
And to add to the homes appeal is also its sublime location, tucked away in a very quiet pocket, it is walking distance to the tram station and the Gold Coast University Hospital Precinct, plus close to local schools, shopping and M1 access. Do yourself a favour and make this property the top of your buying list!
Features include:
• Spacious kitchen looks out to the patio and provides plenty of room to cook up a storm with loads of bench space, dishwasher, pantry and an abundance of cupboards
• Oversized, carpeted lounge room with split system air-con and ceiling fan is the perfect place for relaxing and family movie nights!
• Open plan living and dining with fan, and air-con flows seamlessly to the Patio
• Large master bedroom with double built in robe, ensuite, fan and split system air-con
• Three other bedroom a good size all with double built in robes and ceiling fans (4th bedroom with air-con)
• Massive gabled patio links easily from the living area and provides an extra living space for the entire family to enjoy the great outdoors!
• Fully fenced rear yard with plenty of grass area for children and pets to enjoy and even room to add a pool
• Double lock up garage with internal access
• Shade sail over driveway for extra covered parking spaces
• Highly desirable corner block
• Low maintenance gardens
• Southport State High School catchment
• Walking distance to Hospital and University and Glink
• Close to transport, shopping, amenities and Gold Coast arterial roads as well as quick access to the M1
Please call Marleen Cleary on 0400 848 447 to book your inspection today!
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Listing description written by Marleen Cleary, COASTAL ° Paradise Point — reproduced as published, not verified by Districts.
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