Drewvale at a glance
4,959
People
$1,200,000
Median sale
$750/wk
Median rent
3.25%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
QLD › Drewvale › Mcmillan St
$905,000
Last sold
9 Mar 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
660 m²
Land
300 m²
Building
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
$905,000
9 Mar 2022 · derived via latest_sale
Local land rate: recorded House sales in Drewvale (last 5 years) with land size have a median of $1,578/m² of land (n=118). Districts calculation from recorded sales — not a valuation.
Drewvale at a glance
4,959
People
$1,200,000
Median sale
$750/wk
Median rent
3.25%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs Drewvale
-24.6%
Median sale
Suburb $1,200,000
+1.06 pp
Gross yield
Suburb 3.25%
Suburb median $1,200,000 from 29 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 $750/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
Drewvale at a glance
4,959
People
$1,200,000
Median sale
$750/wk
Median rent
3.25%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Avenue PropertySOLD BY CHRIS GILMOUR 0438 632 459...
Nestled on a quiet street in Drewvale, you will find this spacious and stylish family-friendly home. The sprawling layout has been designed to tick all the boxes with four bedrooms and two bathrooms along with multiple living areas and a covered patio where you can entertain guests.
From the moment you step inside, the expansive floorplan unfolds to reveal an open and light-filled living room with carpet underfoot, a ceiling fan and direct access to the outdoors. Double internal doors allow you to move from the living area through to the open-plan kitchen, dining and family room where split system air-conditioning ensures absolute comfort.
Sweeping benchtops and a good-size pantry will put a smile on the face of any eager cook plus there's a raised breakfast bar and stainless steel appliances. Easy-clean tile flooring is ready for the hustle and bustle of daily life and there's a ceiling fan over the family room along with a glass sliding door that allows you to move freely out to the covered patio.
You will be the envy of all your friends with this stunning entertaining area boasting room for a large dining setting and a BBQ. You will love to kick back in the shade and overlook the fenced yard with room for the kids to play, space for the family pet and the potential for the green thumb to indulge their passion for gardening.
All four bedrooms have generous robes and ceiling fans including the air-conditioned master suite with split system air-conditioning, a walk-in robe and an ensuite. The guest bedrooms are set in their own section of the home with quick access to the laundry and main bathroom with a separate bath, shower and toilet.
As if that wasn't already impressive enough, the list of extra features is simply mind-blowing. There's an abundance of storage throughout, including a linen cupboard, plus you're also treated to a study set just off the entry, security screens for peace of mind and a double garage with internal and drive-through access. The Drewvale Offleash Dog Park is just a gentle stroll away and you're only minutes from Browns Plains Plaza, the M6, schools and a host of amenities.
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 Chris Gilmour, Avenue Property — reproduced as published, not verified by Districts.