Worongary at a glance
6,654
People
$1,430,000
Median sale
$864/wk
Median rent
3.14%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
QLD › Worongary › Barrine Dr
$753,000
Last sold
20 Dec 2022
3
Bedrooms
1
Bathrooms
2
Car spaces
779 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
$753,000
20 Dec 2022 · derived via latest_sale
Local land rate: recorded House sales in Worongary (last 5 years) with land size have a median of $955/m² of land (n=105). Districts calculation from recorded sales — not a valuation.
Worongary at a glance
6,654
People
$1,430,000
Median sale
$864/wk
Median rent
3.14%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Worongary
-47.3%
Median sale
Suburb $1,430,000
+2.83 pp
Gross yield
Suburb 3.14%
Suburb median $1,430,000 from 40 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 $864/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
Worongary at a glance
6,654
People
$1,430,000
Median sale
$864/wk
Median rent
3.14%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Raine & Horne MudgeerabaWow! What tremendous value for money. Located on a generous 779m2 corner block (with access from both Barrine Drive & Saraji Street) is this perfect entry-level property, ideal for those who love to spend their weekends entertaining friends and their week nights relaxing after work with the family camped up on the couch by the internal combustion fireplace.
Whether it be swimming in the 30,000-litre in-ground swimming pool, kicking a ball in the large flat grassed yard or playing cowboys and Indians in and around the cubby house, there are so many options to keep the little munchkins entertained for hours!
And for all those green thumbs who love to cook, we have you covered too. Here you have well-established vege gardens, a chicken coup and if pizza is your thing, you’re going to absolutely love cooking Sunday lunch in your very own woodfired pizza oven!
But what about the inside? This home boasts a large galley-style kitchen with new appliances, a spacious lounge room with enough room for the largest of lounge suites and a renovated bathroom.
Undoubtedly, this fantastic property is going to be snapped up quickly! For more information call Shane Conlon 0478 767 719.
Features include:
* 3 bedrooms (with ceiling fans), master & second bedroom with built-in wardrobes
* Renovated family bathroom with bath and separate toilet
* Spacious living area with fireplace, split system air-con and ceiling fans
* Kitchen with gas cooktop, plumbing for the fridge, new dishwasher and oven
* Separate dining area
* Separate laundry with loads of storage
Outside:
* 30,000 litre in-ground swimming pool (with new pool pump & chlorinator)
* Outdoor entertaining area with insulated ceiling, ceiling fan and pizza oven
* Cubby house
* Vege gardens
* Chicken coup
* Electric front gate leading into car parking with shade sail
Let’s talk about the location too. Just a few minutes' walk away is the new SkyRidge estate which is under construction. Here there is planning for an array of new shopping, food and dining outlets, a new school as well as plenty of parks and recreational activities. To find out more, copy and paste this link: skyridgeliving.com.au.
Coupled with easy access to the M1 Motorway and all of the established amenities the Gold Coast has to offer close by, this property is definitely "a must inspect" this weekend!
Disclaimer:
In preparing this information, we have 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 buyers should make their own enquiries to verify the information contained herein.
COVID-19:
Please note that we have been required to make some changes to our inspection processes as we continue to adhere to COVID-19 regulations.
1. Please maintain social distancing (at least 1.5 m) from anyone else attending the inspection, including the First National Mudgeeraba Agent
2. Please refrain from touching anything within the property
3. Unvaccinated people may be at the inspection. Please request a private appointment if this is unsuitable.
Please do not attend an inspection if you have:
1. Tested positive to, or have symptoms associated with COVID-19
2. Recently been in contact with someone diagnosed with COVID-19
3. Recently been overseas or agreed to any self-isolation conditions
If you are unable to attend the property but are still interested, please contact the agent and they will advise you of the best way to proceed.
Listing description written by Shane Conlon, Raine & Horne Mudgeeraba — reproduced as published, not verified by Districts.