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QLD › Greenbank › Olive Ave

47 Olive Ave, Greenbank QLD 4124

House

$830,000

Last sold

13 May 2023

4

Bedrooms

2

Bathrooms

2

Car spaces

375 m²

Land

267 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $830,000 (13 May 2023).(Recorded sale)
  • CalculationRecorded House sales in Greenbank (last 5 years) with land size: median $2,171/m² of land (n=145). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$830,000

13 May 2023 · derived via latest_sale

Local land rate: recorded House sales in Greenbank (last 5 years) with land size have a median of $2,171/m² of land (n=145). Districts calculation from recorded sales — not a valuation.

Greenbank at a glance

15,350

People

$1,063,000

Median sale

$656/wk

Median rent

3.21%

Suburb gross yield

Median sale from 125 recorded sales (last 12 months) — a Districts calculation.

See the full Greenbank report →

Vs Greenbank

-21.9%

Median sale

Suburb $1,063,000

+0.90 pp

Gross yield

Suburb 3.21%

Suburb median $1,063,000 from 125 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$830,00013 May 2023
  2. Listedprice unknowncompleted8 Feb 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $656/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Greenbank in one glance

Greenbank at a glance

15,350

People

$1,063,000

Median sale

$656/wk

Median rent

3.21%

Suburb gross yield

Median sale from 125 recorded sales (last 12 months) — a Districts calculation.

See the full Greenbank report →

Keep researching

  • Why Greenbank? Read the area thesis →
  • What else is on the market in Greenbank →
  • Other records on Olive Ave →

Listing material

Listed by Ray White Marsden AKG

SOLD BY EVERLEIGH RESIDENT ELIZA REES

NEW GREENBANK RECORD FOR 375M2 HOUSE & LAND

SOLD BY ELIZA REES TEAM

Elevated Everleigh Sophistication!

Read the full description

An elevated premium block with mountain views to both the east & west, you'll be captivated by the pure elegance of this exclusive double storey home. 47 Olive Avenue is in the perfect position of the popular Everleigh Estate in Greenbank.

A warm & cozy neutral coastal palette throughout this luxury Plantation Homes build has all the extras including plantation shutters, veri shade sheers, soft carpet & did we mention the mountain views?!

A well designed floorplan consisting of 4 bedrooms, 2 bathrooms, powder room, 3 living rooms & a large alfresco that leads out to a substantial flat landscaped backyard. All ready to add a pool or spa or leave for the kids & pets to have endless days of fun.

Open planned living invites the outdoors in with a perfectly positioned kitchen, living, dining & alfresco.

The grand kitchen includes an oversized stone benchtop with breakfast bar & an adjoining walk-in pantry, 900mm gas cooking with plumbed in fridge.

Other features include ducted air conditioning with wall & app control, landscaped gardens with lush turf, fully fenced, sliding stacker alfresco doors plus so much more. This home supports a convenient modern low maintenance lifestyle, you'll enjoy the surroundings with afternoon walks & all the open green spaces Everleigh has to offer.

Features to fall in love with:

| Front theatre room

| Grand size kitchen with open living, dining & outdoor living

| Stone benchtops, breakfast bar & undermount sink

| Walk in pantry

| Four bedrooms

| Master with dressing, two bedrooms with walk-in robes, one bedroom with mirror built-in robe

| Two bathrooms & powder room

| Double size shower & double bowl vanity in the ensuite

| Three living areas

| Carpeted stairs, upstairs living & bedrooms

| Plantation shutters & veri shade sheers

| Cross viewing privacy screening

| Ceiling fans

| Solar panels - 6.6kW

| Quality built Plantation Homes build with wood frame

| Garden shed

| 1.5m Side access

Elevated blocks with mountain views are hard to find, this beauty has it all, ready & waiting for its new owners to call home.

'Everleigh by Mirvac' is a master planned community with happy like-minded residents, a highly popular place to be, the locals love to live here.

Close to absolutely everything with more growth to come, this desired location is only just in its beginning stages.

With land selling within minutes of being released in Everleigh, this opportunity will not last.

Newly built Everleigh State School is now open.

More can be read about Everleigh by clicking on the external link - https://everleigh.mirvac.com/

Specifications

Council: Logan City Council

Build Finish: June 2022

Builder: Plantation Homes

Land: 375m2

Home: 267m2

Buying | Selling | Renting

Contact your Greenbank Resident & Suburb Specialist, Eliza Rees today for all your property needs on 0422335676 or by clicking on the external link - https://elizarees.raywhite.com/

Listing description written by Eliza Rees, Ray White Marsden AKG — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Outdoor Entertaining
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Shed
  • Solar Panels
  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.