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QLD › Worongary › Lexington Dr

44 Lexington Dr, Worongary QLD 4213

For saleHouse for Sale

$1,050,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

735 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,050,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,050,000(Listing record · 7 Aug 2026)
  • CalculationLand 735 m² against a 128 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 27% below the Worongary median recorded sale ($1,430,000, n=40, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Worongary's advertised median rent ($864/wk), implied gross yield would be 4.28% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$1,050,000

Asking · $1,429/m² of land

No recorded sale for this property.

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.

See the full Worongary report →

Vs Worongary

-26.6%

Median sale

Suburb $1,430,000

+1.14 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.

Total cost to purchase

Purchase Price
$1,050,000
Stamp Duty (Queensland)
$40,900
Transfer/Registration Fee
$4,299
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
$1,098,899

$48,899 on top of the price (4.7% 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 Worongary's advertised median rent — not a rent for this listing.

Net yield
2.78%
Annual cashflow (pre-tax)
$-25,422
Interest cover (DSCR)
0.53
Annual rent
$44,928
Operating expenses
$15,750
Loan amount
$840,000
Annual interest
$54,600
Gross yield
4.28%

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$1,050,000available7 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 $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.

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 4.3%. 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

Worongary in one glance

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.

See the full Worongary report →

Keep researching

  • Why Worongary? Read the area thesis →
  • What else is on the market in Worongary →
  • Other records on Lexington Dr →

Listing material

Listed by Welcome Change Realty

MORE THAN MEETS THE EYE!

Finding a home with room to grow is becoming increasingly difficult on the Gold Coast. Finding one with a huge backyard, a powered shed, dual street access and a separate studio is even rarer.

Set on an elevated 735m² block in one of Worongary's most established family neighbourhoods, this inviting home offers the flexibility so many buyers are searching for. Whether you need extra space for children, a home business, hobbies, teenagers or simply room to spread out, this is a property that can adapt as your life changes.

Step inside and you'll find a light-filled open plan living, dining and kitchen area where everyone naturally comes together. Timber-look flooring, air conditioning and large windows create a welcoming atmosphere, while the elevated position captures cooling breezes and glimpses of the Gold Coast skyline.

Read the full description

The renovated kitchen has been designed with everyday family life in mind, offering generous bench space, excellent storage, a 900mm gas cooktop, electric oven, dishwasher and large pantry. It overlooks the living and dining areas, making it easy to stay connected whether you're preparing dinner or entertaining friends.

The home offers three bedrooms, including a master suite with its own renovated ensuite, while the beautifully updated family bathroom means two of the home's biggest projects have already been completed.

One look at the backyard and it's easy to see why families will love living here. Positioned to maximise the usable outdoor space, there's an abundance of level lawn where children can run, pets can play and family gatherings can spill outside. There's still plenty of room to add your own touches over time, whether that's a pool, additional landscaping or simply enjoying the open space that's becoming increasingly hard to find.

Adding even more versatility is the separate studio, created from the original double garage. Complete with its own kitchenette and bathroom, it provides an excellent space for those working from home, running a business, pursuing creative interests or accommodating teenagers who appreciate a little independence. The studio was constructed by qualified tradespeople but has not been certified as habitable accommodation. Buyers should make their own enquiries regarding approvals and permitted use.

The rear access, insulated powered shed and dual street frontage complete a package that's as practical as it is versatile, offering outstanding storage for trailers, boats, tools, hobbies or weekend projects.

Comfortable to enjoy from day one, this is also a home that leaves plenty of opportunity for new owners to continue adding their own style and value over time.

Property Features:

- Elevated 735m² block with Gold Coast skyline glimpses

- Three-bedroom family home with two renovated bathrooms

- Spacious open plan living, dining and renovated kitchen

- Renovated kitchen with 900mm gas cooktop, electric oven, dishwasher, large pantry and generous bench space

- Separate modern laundry with easy access to the outdoor clothesline

- Timber-look vinyl plank flooring throughout the main living areas

- Split system air conditioning to the living area

- Separate studio created from the original double garage, complete with kitchenette and bathroom, offering exceptional flexibility (see disclaimer)

- Fully fenced backyard with plenty of level lawn for children and pets

- Dual street access from Lexington Drive and San Fernando Drive

- 4m x 6m insulated Colorbond shed with single-phase power

- All-weather external power outlets

- 5kW solar system with 16 panels

- Scope to further personalise and add value over time

Disclaimer on Garage Coversion:

The separate studio was created from the original double garage and includes a kitchenette and bathroom. While it was constructed by qualified tradespeople, it has not been certified as habitable accommodation. Buyers should make their own enquiries regarding approvals, certification and permitted use.

Fantastic Location:

Worongary continues to be one of the Gold Coast's most popular family suburbs, offering a peaceful, leafy setting without sacrificing convenience. From here you're only minutes to schools, Robina Town Centre, Robina Hospital, train station and the M1, making commuting north or south incredibly easy.

The home is also ideally positioned to enjoy the exciting SkyRidge precinct, with its growing parklands, walking trails and future village centre adding even more lifestyle appeal to the area.

Nearby Amenities:

- SkyRidge Parklands and future village precinct

- Worongary State School

- Gilston State School

- Emmanuel College

- Robina Town Centre

- Robina Hospital

- Robina Train Station

- CBUS Super Stadium

- Le Vintage Boutique Cafe

- Mudgeeraba Village cafés and shopping

- Easy access to the M1

-Approximately 20 minutes to Broadbeach and the Gold Coast beaches

Property Information:

Land Size: 735sqm

House Size: 171sqm

Council Rates: $1,311.33

Rental Appraisal: $1,100 - $1,200 per week

Year Built: 1983

Solar: 5kW solar system with 16 panels

Air Conditioning: 2x split systems

School Catchment: Worongary State School; Nerang State High School

Council: Gold Coast

Zoning: Residential A

Disclaimer:

In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate. However, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies or misstatements. Prospective purchasers should make their own enquiries to verify the information contained herein.

Disclaimer:

We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

Listing description written by Stewart McLeish, Welcome Change Realty — reproduced as published, not verified by Districts.

Property features

  • Broadband
  • Built-in Robes
  • Courtyard
  • Fully Fenced
  • Remote Garage
  • Secure Parking
  • Shed
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.