Acacia Ridge at a glance
7,765
People
$955,000
Median sale
$593/wk
Median rent
3.23%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
QLD › Acacia Ridge › Merchiston St
$525,000
Last sold
23 Mar 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
637 m²
Land
100 m²
Building
Districts View
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
$525,000
23 Mar 2023 · derived via latest_sale
Local land rate: recorded House sales in Acacia Ridge (last 5 years) with land size have a median of $1,377/m² of land (n=83). Districts calculation from recorded sales — not a valuation.
Acacia Ridge at a glance
7,765
People
$955,000
Median sale
$593/wk
Median rent
3.23%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Vs Acacia Ridge
-45.0%
Median sale
Suburb $955,000
+2.64 pp
Gross yield
Suburb 3.23%
Suburb median $955,000 from 39 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 $593/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
Acacia Ridge at a glance
7,765
People
$955,000
Median sale
$593/wk
Median rent
3.23%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Daynes PropertyFirst in best dressed.
Situated on 637sqm of land this low-set 3 bedroom home presents a great opportunity to secure a piece of this rapidly developing suburb. With chamfer board exterior and a tiled roof, it also features well maintained lawns, gardens and a single car garage.
Upon entry you will see the lovely front porch with an extended roof, perfect for a relaxing morning cuppa. Inside the home you will find original hardwood timber flooring throughout. Previously this was covered with vinyl, once polished this will come up a treat! The living area, that features air-conditioning, leads to the spacious dining / kitchen area. The kitchen has plenty of bench space, cupboards and plenty of room for personalised improvements.
This home has 3 generously sized bedrooms, 1 modern bathroom and a conveniently separate toilet. There is also a large laundry room that has been updated with modern floor tiles.
The large grassy backyard gives plenty of room for kids and or pets to play and explore.
Main Property Features:
- 637 sqm block
- 3 generously sized bedrooms
- Original hardwood timber floor boards
- Single car garage with workbench
- Fully fenced
- Large grassy yard
- Airconditioning unit in living area
This spacious home is perfect for buyers who would like a functional home they can further transform at their leisure or earn a rental income. Located within 17km from the Brisbane CBD, Acacia Ridge will continue to grow and investors will see a continued demand for rentals in the area.
The Elizabeth Street Shopping Centre which features an IGA and other speciality stores is close by, as well as Acacia Market Place which includes Woolworths and Aldi. This property is also convenient to the great primary schools the area has to offer including Acacia Ridge State School and St Fatimas Primary School, in addition to childcare options.
Call today on 0498 292 836 for further information.
Listing description written by Adrian Daynes, Daynes Property — reproduced as published, not verified by Districts.