Drewvale at a glance
4,959
People
$1,205,000
Median sale
$750/wk
Median rent
3.24%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
QLD › Drewvale › Muscari Cres
$912,000
Last sold
5 July 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
700 m²
Land
251 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
$912,000
5 July 2023 · 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
$1,205,000
Median sale
$750/wk
Median rent
3.24%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Vs Drewvale
-24.3%
Median sale
Suburb $1,205,000
+1.04 pp
Gross yield
Suburb 3.24%
Suburb median $1,205,000 from 28 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
$1,205,000
Median sale
$750/wk
Median rent
3.24%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Avenue PropertySOLD by CHRIS GILMOUR | 0438 632 459
- | 47 Muscari Crescent, Drewvale | -
This contemporary brick and tile home is nestled on an impressive and elevated 700m2 block in a convenient pocket of Drewvale, close to all local amenities and falls within the popular Stretton State College catchment.
As you enter through the front door, you are greeted by a spacious formal lounge, which is the perfect spot to welcome and entertain your guests. Extend your entertaining as you seamlessly transition into a sizeable open-plan area encompassing the kitchen, dining and family room, perfect for larger gatherings.
Central to the home is the large kitchen space which features expansive benchtop space, quality cooking appliances, dishwasher plus an abundance of cupboard and pantry storage.
Outside, a covered alfresco area flows seamlessly from the dining room and overlooks a grassed enclave, perfect for the kids and pets to roam free in a secure environment. The rear of the property is enveloped by serene bushland, ensuring an added layer of privacy for your enjoyment.
Back inside, this lovely property boasts 4 spacious bedrooms, each with built in robes and ceiling fans. The master suite showcases a walk-in robe and contemporary ensuite. The main bathroom services the remaining bedrooms and features a bathtub, perfect for decompressing after a long day.
This delightful residence is close to all local amenities, including a 2-minute walk to Aldi, Medical Centre, pharmacy and café. The Logan motorway is a 3-minute drive from the house and Grand Plaza is only 8 minutes away. This property truly offers the perfect combination of privacy, convenience and space and is prime for your inspection now.
Property features and inclusions:
- Nestled on a 700m2 block
- Built approx 16 years ago
- Builder was Orbit Homes
- Home is approx 251m2 under roof
- 4 spacious bedrooms, all with BIR's and fans
- Master suite features WIR and ensuite
- Formal lounge, carpeted
- Open plan family/dining, tiled
- Gourmet kitchen with dishwasher
- Contemporary family bathroom
- Separate internal laundry
- Ceiling fans
- Linen cupboard
- Covered alfresco space
- Gas hot water system
- Double remote garage
- Low maintenance gardens
- Fully fenced
- Stretton State College catchment
- NBN
- Currently tenanted for $520/wk until Sept 2023
- Current rental appraisal $600/wk
- Council rates approx. $520/qtr
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.