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.
QLD › Worongary › Mudgeeraba Rd
3
Bedrooms
1
Bathrooms
0
Car spaces
5,165 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Worongary (last 5 years) with land size have a median of $961/m² of land (n=106). Districts calculation from recorded sales — not a valuation.
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.
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 $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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
UnknownArea
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.
Listing material
Listed by LJ Hooker NerangA 5165m2 (1.27 acre) block with a 3 bedroomed, 1925 built timber cottage in a prime location. Endless possibilities await you! Whether you are a investor wanting to land bank, a home renovator looking for a great project or a business owner needing a prime location... this could be the property you've been waiting for!
Perfectly positioned on a corner block with 2 street frontages, the house itself is not heritage listed and therefore you have no limiting restrictions on the building. Mudgeeraba road is one of the main roads linking Mudgeeraba, Tallai, Worongary and some of the Hinterland suburbs to the M1 motorway. Although subdivision seems unlikely currently, initial indications show that some commercial uses might be allowed, subject to Council approval and with the 2020 traffic count showing approx. 15,000 vehicles per day, it could be the perfect exposure your business needs?
With the growth in the population with the launch of the nearby Skyridge development (3.5 thousand homes on 342 hectares with retail space and parklands), the strengthening of local price values and need for future commercial development is expected.
Worongary has a wonderful community lifestyle, with a local shopping centre including Coles, Zarraffas, petrol station and restaurants. There are great schools nearby, Robina town centre is just a short 10 min drive with its shopping precinct, cineplex, hospital, train station, university and Titans CBus stadium. You are close to the M1 motorway and our Gold Coast beaches are only 20 mins away.
Features include-
5,165m2 block, grassed with mature trees and a gentle slope
Corner block, 2 street frontages and driveway entry
Non-heritage listed 1925 built, timber cottage home Approx. 99m2
(Renovate, rebuild or apply to council for commercial use)
VJ internal timber walls and sloped feature ceilings
Large character windows allowing good natural light to shine in
3.5m x 4.2m Lounge room
7.4m x 2.5m Living/rumpus room with glass casement door to outside
5.4m x 2.9m Kitchen/dining area with ample benchtops, floor cabinets, electric stove, under window sink overlooking the garden and a fridge/freezer space
3 bedrooms
Bathroom with claw foot bath, separate shower cubicle, vanity sink unit and toilet
2.8m x 2.8m Separate laundry building with sink
Listing description written by Roelien Powell, LJ Hooker Nerang — reproduced as published, not verified by Districts.
Nearby 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.