Drewvale at a glance
4,959
People
$1,200,000
Median sale
$750/wk
Median rent
3.25%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
QLD › Drewvale › Waterbrooke Circuit
$1,030,000
Last sold
1 Aug 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
750 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
$1,030,000
1 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in Drewvale (last 5 years) with land size have a median of $1,578/m² of land (n=118). Districts calculation from recorded sales — not a valuation.
Drewvale at a glance
4,959
People
$1,200,000
Median sale
$750/wk
Median rent
3.25%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs Drewvale
-14.2%
Median sale
Suburb $1,200,000
+0.54 pp
Gross yield
Suburb 3.25%
Suburb median $1,200,000 from 29 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 $750/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
Drewvale at a glance
4,959
People
$1,200,000
Median sale
$750/wk
Median rent
3.25%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Avenue PropertySOLD BY CHRIS GILMOUR 0438 632 459...
- | 40 Waterbrooke Circuit, Drewvale | -
Welcome to this contemporary lowset brick and tile home, nestled on a 741m2 block in the tranquil and highly desirable Waterstone Estate of Drewvale. Set on an elevated block, this residence offers easy access to a range of local amenities. Just a short walk away, you will find yourself within the sought-after Stretton College catchment as well as local Aldi store. Discover the perfect blend of modern comfort and serene surroundings in this remarkable property, where tranquillity and accessibility come together harmoniously.
As you enter the home, you will be captivated by its expansive and interconnected living spaces that gracefully unfold across a single level, providing ample room for your enjoyment. With 3 distinct living areas, versatility is the key, accommodating every occasion with ease.
The kitchen lies at the heart of the home and showcases expansive benchtop space and features quality stainless steel cooking appliances. It offers a double door pantry and an abundance of cupboard and pantry storage, ensuring practicality and functionality for all your culinary needs.
Featuring 4 generously sized bedrooms, each equipped with ceiling fans and built in robes, this home offers comfort and convenience. 3 of the bedrooms are air-conditioned, ensuring a pleasant atmosphere year-round. The master suite showcases a spacious walk-in robe and modern ensuite.
Outside, a large covered alfresco space overlooking a grassed enclave is the perfect spot to enjoy a barbeque or refreshments with friends.
With its proximity to a variety of amenities including shops, medical facilities, recreational options, the local Parkinson pool and gym, as well as easy access to major arterials, this home offers convenience at its finest. Don't miss out on this opportunity – secure your spot at one of our upcoming open homes and witness the allure for yourself.
Property features and inclusions:
- Nestled on an elevated 741m2 block in the sought-after Waterstone Estate in Drewvale
- Home is approx 19 years old
- Floor plan size approx 200m2
- 4 spacious bedrooms, all featuring BIR's & ceiling fans + 3 with aircon
- Master suite features WIR + ensuite
- 2 contemporary bathrooms
- 3 separate living areas:
o Open plan family/dining
o Lounge room
o Rumpus/media room
- Modern kitchen featuring:
o Expansive benchtop space
o Quality stainless steel appliances
o Dishwasher
o Double door pantry
o Ample cupboard storage
- Separate laundry with external access
- Air-conditioning
- Ceiling fans
- Linen cupboard
- Tiled living areas
- Covered alfresco space
- Low maintenance gardens
- Double lock up garage
- Side access
- Fully fenced
- NBN
- Only 3 min walk to Stretton State College
- Public transport 130/140/150 Rocket to City only 2 min walk
- Council rates approx $700 Qtr
- Current rental appraisal - $800 p/week
Disclaimer:
All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy, and interested persons should rely on their own inquiries. All Properties Group cannot be held responsible for providing prospective tenants with cancellation notices or other relevant information should they not be registered to attend.
Listing description written by Chris Gilmour, Avenue Property — reproduced as published, not verified by Districts.