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QLD › Greenbank › Lavender St

44 Lavender St, Greenbank QLD 4124

For saleHouse for Sale

$930,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

315 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $930,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $930,000(Listing record · 20 Aug 2026)
  • CalculationAsk is 13% below the Greenbank median recorded sale ($1,063,000, n=125, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Greenbank's advertised median rent ($656/wk), implied gross yield would be 3.67% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$930,000

Asking · $2,952/m² of land

No recorded sale for this property.

Greenbank at a glance

15,350

People

$1,063,000

Median sale

$656/wk

Median rent

3.21%

Suburb gross yield

Median sale from 125 recorded sales (last 12 months) — a Districts calculation.

See the full Greenbank report →

Vs Greenbank

-12.5%

Median sale

Suburb $1,063,000

+0.46 pp

Gross yield

Suburb 3.21%

Suburb median $1,063,000 from 125 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$930,000
Stamp Duty (Queensland)
$34,875
Transfer/Registration Fee
$3,740
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$972,315

$42,315 on top of the price (4.5% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Greenbank's advertised median rent — not a rent for this listing.

Net yield
2.17%
Annual cashflow (pre-tax)
$-28,198
Interest cover (DSCR)
0.42
Annual rent
$34,112
Operating expenses
$13,950
Loan amount
$744,000
Annual interest
$48,360
Gross yield
3.67%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$930,000available20 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $656/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Greenbank in one glance

Greenbank at a glance

15,350

People

$1,063,000

Median sale

$656/wk

Median rent

3.21%

Suburb gross yield

Median sale from 125 recorded sales (last 12 months) — a Districts calculation.

See the full Greenbank report →

Keep researching

  • Why Greenbank? Read the area thesis →
  • What else is on the market in Greenbank →
  • Other records on Lavender St →

Listing material

Listed by SJS Property Partners

Near-New Family Living in Covella Estate – By Karston Building Group

Welcome to modern, effortless living in the family-friendly Covella Estate, Greenbank. Built by Karston Building Group in Oct 2025, this home combines contemporary finishes, generous living spaces and a practical family-focused design.

With four bedrooms, two bathrooms, a dedicated study room, ducted heating and cooling, and seamless indoor-outdoor living, this home is ready for its next family to simply move in and enjoy.

From the moment you step through the large, welcoming entry, the home feels spacious and thoughtfully designed. The heart of the property is the light-filled open-plan kitchen, dining and living area, creating a central space where the whole family can come together.

Read the full description

The modern kitchen is both stylish and functional, featuring a 900mm electric cooktop and oven, dishwasher, walk-in pantry, soft-close drawers and breakfast bar. Whether it's busy weekday mornings or entertaining family and friends, there's plenty of room to cook, gather and enjoy.

Easy-flow access connects the indoor living area with the covered alfresco entertaining space, complete with a ceiling fan for year-round comfort. The back yard is surrounded by timber privacy fencing, the outdoor area offers a private setting for weekend barbecues, relaxed afternoons or watching the kids and pets enjoy the backyard.

The spacious master suite provides a peaceful retreat, complete with a walk-in robe, ceiling fan and private ensuite featuring double basins, toilet and double shower heads.

Three additional bedrooms are all fitted with ceiling fans and mirrored built-in robes, while the main family bathroom includes a bath, separate shower, vanity and toilet.

A dedicated study room provides the perfect space for working from home, homework or managing the household, while additional hallway storage helps keep everyday life organised.

The internal laundry has also been finished with practicality in mind, featuring stone benchtops and built-in cupboard storage.

Property Features

• Near-new Karston Build home, completed Oct 2025

• Four generous bedrooms, (Master suite with walk-in robe, ceiling fan and ensuite with double basins and double shower heads)

• Three additional bedrooms with mirrored robes and ceiling fans

• Open-plan kitchen, dining and living

• Modern kitchen with 900mm electric cooktop and oven, Dishwasher, Walk-in pantry, Soft-close drawers, Breakfast bar

• Dedicated study room

• Ducted heating and air conditioning

• Security screens

• Large entry

• Main bathroom with bath, shower, vanity and toilet

• Internal laundry with cupboard storage and stone benchtops

• Hallway storage cupboard

• Seamless indoor-outdoor living

• Covered alfresco entertaining area with ceiling fan

• Timber privacy fencing

• Double lock-up garage with remote-controlled door

• Electric hot water

• Rendered brick construction

• Colorbond roof

The Covella Lifestyle

More than just a home, this is an opportunity to become part of the family-friendly Covella community in Greenbank.

Designed around connection, open spaces and an easy family lifestyle, Covella offers a wonderful balance between peaceful suburban living and everyday convenience. With parks, schools and community amenities close by, it's a place where children can grow, families can connect and weekends can be spent enjoying the lifestyle rather than maintaining the house.

And with a home this new, all the hard work has already been done.

Stylish, spacious and wonderfully low maintenance – this is modern family living made easy.

Homes offering this combination of near-new construction, practical family design and a sought-after Covella Estate location deserve to be seen.

Inspection Information

Please contact Samantha Marshall to arrange your private viewing.

As the property is currently tenanted until December, we kindly ask that you allow at least 48 hours' notice when requesting an inspection so suitable arrangements can be made with the tenants on Saturdays.

We appreciate your understanding and look forward to showing you through this beautiful home.

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.

* denotes approximate measurements.

* Photos taken have been digitally enhanced for illustrative purposes

Listing description written by Samantha Marshall, SJS Property Partners — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Living Areas: 1
  • Outdoor Entertaining
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.