Geebung at a glance
4,976
People
$1,335,000
Median sale
$696/wk
Median rent
2.71%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
$1,200,000
Last sold
22 Mar 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
830 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
$1,200,000
22 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Geebung (last 5 years) with land size have a median of $1,647/m² of land (n=141). Districts calculation from recorded sales — not a valuation.
Geebung at a glance
4,976
People
$1,335,000
Median sale
$696/wk
Median rent
2.71%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Vs Geebung
-10.1%
Median sale
Suburb $1,335,000
+0.31 pp
Gross yield
Suburb 2.71%
Suburb median $1,335,000 from 33 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 $696/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
Geebung at a glance
4,976
People
$1,335,000
Median sale
$696/wk
Median rent
2.71%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Ascot*******OPEN HOME CANCELLED*******
Perfectly positioned in parkland pocket of Geebung, this is a tremendous opportunity for a huge range of buyer be it owner occupiers, investors, renovators or developers! Backing onto Bowden Park and enjoying a coveted north/south aspect, this splitter block is brilliantly positioned close to amenities and offers an exceptional setting for profit boosting options!
A huge 830m2 block already on two titles, there is no subdivision expense allowing you to buy with the knowledge that there is versatility galore! With the right development applications in place, you have the opportunity to enact a huge range of options; move the current home and renovate, demolish the current residence, building your dream home on one block and sell the other, sell both blocks or build on both blocks! The choices are endless!
Embracing its character heritage with classic features including polished timber floors, VJ walls and high ceilings, the current home is in original or partly original condition set on a flat, fenced block. An entry foyer leads into open-plan living and dining with the adjacent kitchen framed by original cabinetry and direct access outdoors.
Three bedrooms are serviced by a spacious bathroom whilst the lower level delivers dual garaging, laundry, second toilet and screened porch. There is also a dual carport with drive-through access to the rear.
A quick spruce up will have this home immediately liveable, allowing you to move in or rent it out whilst you consider your myriad of options. If preferred, you could also keep the home and renovate in due time, enjoying the space and land of yesteryear in a location only growing in demand.
Offering the best of leafy living with the convenience of being close to everything, it's little wonder that this location is in high demand! Backing onto extensive parkland and athletic facilities as well as being in walking distance to two primary schools, this location is the perfect family-friendly setting. In addition you have bus, rail, local shops and dining at your door whilst Westfield Chermside is just five minutes down the road!
- 830m2 block on dual titles
- Prime north/south aspect
- Exceptional opportunity to develop, build new, move residence and gain a block!
- Backing onto parkland and offering superb flat building landscape
- Original home perfect for property starters, renovators and investors
- Character features include VJ walls, high ceilings and polished timber floors
- Open-plan living and dining flowing through to original kitchen
- Three bedrooms
- Original bathroom
- Screened porch downstairs plus laundry and second toilet
- Dual garage plus storage space
- Dual carport with rear drive-through access
- On the edge of Bowden Park and walking distance to two primary schools
- Minutes to Westfield Chermside, bus, rail, and dining
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes
Listing description written by Nicholas Loftus, Harcourts Ascot — reproduced as published, not verified by Districts.