Crestmead at a glance
12,841
People
$863,500
Median sale
$591/wk
Median rent
3.56%
Suburb gross yield
Median sale from 78 recorded sales (last 12 months) — a Districts calculation.
$520,000
Last sold
22 Oct 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
456 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
$520,000
22 Oct 2021 · derived via latest_sale
Local land rate: recorded House sales in Crestmead (last 5 years) with land size have a median of $996/m² of land (n=153). Districts calculation from recorded sales — not a valuation.
Crestmead at a glance
12,841
People
$863,500
Median sale
$591/wk
Median rent
3.56%
Suburb gross yield
Median sale from 78 recorded sales (last 12 months) — a Districts calculation.
Vs Crestmead
-39.8%
Median sale
Suburb $863,500
+2.35 pp
Gross yield
Suburb 3.56%
Suburb median $863,500 from 78 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 $591/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
Crestmead at a glance
12,841
People
$863,500
Median sale
$591/wk
Median rent
3.56%
Suburb gross yield
Median sale from 78 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Avenue PropertySOLD by DERRICK WILLIAMS | 0433 005 324
- | 45 Rachal Drive Crestmead | -
Elegant Brick & Tile Family Home, Spacious Floorplan, Feels Like New, Loads of Extras in a Convenient Location.
A tranquil position in a quiet enclave of Crestmead provides the perfect setting for this contemporary and immaculately presented 6-year-old home. Offering spacious, low maintenance and quality living it is perfect for families or the astute investor looking for immediate returns.
With wonderfully inviting street appeal and surrounded by other near new residences, this spacious family home creates a captivating sense of natural light and space with a perfect North facing aspect, while a warm and neutral colour palette creates a warm family ambience.
Cooling and easy care tiles feature in the spacious open plan living areas which showcases a contemporary kitchen with the timeless elegance of white cabinetry and the opulence of stone benchtops. With quality appliances including a gas cooktop- you have all your wants, needs and more to cook up a storm for friends and family.
The open-plan living area extends out to a private rear tiled entertaining alfresco and yard. Fully fenced, it's ideal for younger children, pets or simply relax and unwind with family and friends. Also featuring drive-through side access to store the camper trailer or boat securely.
The master features a well-appointed ensuite, spacious walk-in robe and luxuriously opens up to the outdoor entertaining. Three additional spacious bedrooms feature, and are serviced by a contemporary family bathroom, it's perfect for children of all ages and features both a bath and shower!
Positioned in a sought after pocket of Crestmead, surrounded by other quality builds, close to schools, childcare, multiple shopping precincts, ample public transport and parklands- you could not find a better location to raise a family.
Why we love this home:
- 4 bedrooms all with built-in wardrobes & ceiling fans
- Master bedroom: ensuite, walk-in robe, air-con, ceiling fan & alfresco access
- Kitchen: stone benchtops, breakfast bar, plenty of cupboard space, quality appliances including gas cooktop and dishwasher
- Air-conditioned open plan living/dining flowing through to outdoor entertaining
- Main bathroom with shower/bath
- Remote double lock-up garage with internal & backyard access
- Air Conditioning
- Security screens throughout
- Internal Laundry
- Insulated & tiled private alfresco
- Solar power
- Low maintenance yard including veggie gardens
- 456m2 flat block with double gate side access
Due to the current COVID-19 situation and health and safety, social distancing still applies when attending inspections.
Disclaimer:
All information provided has been obtained from sources we believe to be accurate.
However, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions.
(including but not limited to a property's land size, floor plans and size, building age and condition)
Interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Derrick Williams, Avenue Property — reproduced as published, not verified by Districts.