Slacks Creek at a glance
10,824
People
$916,000
Median sale
$559/wk
Median rent
3.17%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
QLD › Slacks Creek › Ngoro Rd
For sale
For sale
5
Bedrooms
5
Bathrooms
2
Car spaces
378 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
Asking
No recorded sale price for this property yet.
Slacks Creek at a glance
10,824
People
$916,000
Median sale
$559/wk
Median rent
3.17%
Suburb gross yield
Median sale from 60 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 $559/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
Slacks Creek at a glance
10,824
People
$916,000
Median sale
$559/wk
Median rent
3.17%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Springwood & Shailer ParkPurpose-built and near-new, this dual-level rooming accommodation delivers five self-contained bedrooms - each with its own private ensuite - fully tenanted and cash-flowing from day one. Built by Altitude Investment Builders and handed over in March 2026, this is a rare turnkey opportunity for the astute investor.
The Numbers:
Currently returning $102,960 gross per annum ($1,980/week) across five leases - a 7.15% gross yield - with genuine upside, as comparable rents in the area point to a total weekly rent of $2,200-$2,300 achievable upon renewal.
Private Outdoor Spaces - A Genuine Competitive Advantage:
Outdoor amenity remains one of the most desirable yet least common features within rooming accommodation. Two ground-floor tenancies enjoy direct access to private patios, while two upper-level rooms are enhanced by exclusive balconies. These private external spaces elevate the property's appeal, support premium room rents and provide a clear point of differentiation in an increasingly competitive rental environment.
Well-Considered Communal Facilities:
Complementing the independent living arrangements is a dedicated communal area and central laundry facilities, thoughtfully positioned to balance personal independence with practical shared amenities.
Property Features:
• 5 bedrooms, each with private ensuite bathroom
• 222m² internal floor area across a smart dual-level design
• Two ground-floor rooms with private patios; two upper rooms with exclusive balconies
• Dedicated common area and shared laundry
• Secure double carport with off-street parking
• 28-panel solar system - lower running costs for tenants and owner
• Fully furnished throughout - beds, smart TVs, kitchen appliances, cookware and soft furnishings all included
• No Body Corporate fees
• Class 1b certified rooming accommodation, fully compliant with current fire safety, energy efficiency, structural and plumbing certification on file
Location:
• Walking distance to local parks
• Walking distance to Market Place
• 2 minutes to Mabel Park State High School
• 5 minutes to John Paul College
• 6 minutes to the M1 Motorway
• 7 minutes to Springwood Mall, IKEA & Bunnings
• 10 minutes to Logan Hospital
• 10 minutes to TAFE Loganlea Campus
• 20 minutes to Brisbane CBD
• 35 minutes to the GoldCoast
Positioned Within One Of Logan's Strongest Rental Corridors
Location remains fundamental to investment success, and Slacks Creek continues to demonstrate exceptional rental fundamentals.
A High-Performance Asset In A Class Of Its Own
Combining multiple income streams, premium tenant amenity, substantial internal proportions and a strategic growth-corridor location, 4 Ngoro Road presents an outstanding opportunity to secure a high-performing asset engineered for both immediate income and long-term portfolio strength. Investors seeking scalable returns, superior vacancy resilience and enduring rental demand are encouraged to act promptly.
For further information, including a detailed income schedule, rental appraisal and inspection arrangements, contact Jas Singh today.
Disclaimer: All information contained herewith, including but not limited to the general property description, price and the address, is provided to Ray White Springwood & Shailer Park by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.
Listing description written by Jas Singh, Ray White Springwood & Shailer Park — reproduced as published, not verified by Districts.