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.
$465,000
Last sold
9 Apr 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
375 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
$465,000
9 Apr 2021 · derived via latest_sale
Local land rate: recorded House sales in Greenbank (last 5 years) with land size have a median of $2,178/m² of land (n=146). 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.
Vs Greenbank
-56.3%
Median sale
Suburb $1,063,000
+4.13 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 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 $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.
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
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.
Listing material
Listed by Ray White Marsden AKGThe Brooke Colledge Team excited to present this Near new home designed and built by the award winning "REA Smart homes" the home itself is as a display home, With all the inclusions you would want to have including a magnificent feature wall like no other in the entry.
This architecturally designed home has an effortless floor plan which maximises both space and utility, setting a new benchmark.
Gently integrating with natural beauty, Covella estate offers a harmonious living experience, perfect for investors or those looking for their perfect first home. One of Logan's newest suburbs, Covella provides residents with an unrivalled offering, A collective of residential neighbourhoods designed to grow in harmony with the surrounding Australian bushland and connect families with its natural beauty.
The sophisticated Bright well designed entry catches you as soon as you open The front door...
The home itself offers:-
- 4 bedrooms (+ Media room which could be utilised as a 5th bedroom if preferred)
- 2 bathrooms
- Seamless connection from kitchen, living to outdoor entertaining with stacker doors
- kitchen with plenty of storage, walk in pantry
- Master suite complete with luxurious ensuite and generous walk behind robe
- ducted reverse cycle air conditioning
- stone benchtops in the kitchen and bathroom
- carpeted media room (or additional 5th bedroom if you prefer)
- Tesla state of the art solar system, Save energy costs
- remote double lock up garage
- security system and keypad entry
- security screens throughout
- seperate laundry
LOCATION
Enjoy true community living with, parks and recreational facilities in this master planned community.
Covella Estate - Greenbank
Parkland across the street no neighbours
This is a home you do not want to miss out on!!!
Inspect today and Act fast!
Whether it's a morning work-out at the fitness station (conveniently situated directly across the street) shooting some hoops with the family or cycling and jogging along the many parkland tracks, an active lifestyle is yours to enjoy at Covella in the 50 hectares of open green space
Want to find out where your property sits within the market? I can provide you with a market update on your home or investment! Call Brooke on 0431 143 996 or click on the following virtual tour link.
Listing description written by Brooke Colledge, Ray White Marsden AKG — reproduced as published, not verified by Districts.