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QLD › Parkwood › Inverness Way

48 Inverness Way, Parkwood QLD 4214

House

$1,350,000

Last sold

17 Jan 2024

4

Bedrooms

4

Bathrooms

2

Car spaces

801 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,350,000 (17 Jan 2024).(Recorded sale)
  • FactLand 801 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Parkwood (last 5 years) with land size: median $1,643/m² of land (n=135). 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

$1,350,000

17 Jan 2024 · derived via latest_sale

Local land rate: recorded House sales in Parkwood (last 5 years) with land size have a median of $1,643/m² of land (n=135). Districts calculation from recorded sales — not a valuation.

Parkwood at a glance

9,138

People

$1,347,500

Median sale

$943/wk

Median rent

3.64%

Suburb gross yield

Median sale from 60 recorded sales (last 12 months) — a Districts calculation.

See the full Parkwood report →

Vs Parkwood

+0.2%

Median sale

Suburb $1,347,500

-0.01 pp

Gross yield

Suburb 3.64%

Suburb median $1,347,500 from 60 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$1,350,00017 Jan 2024
  2. Listedprice unknowncompleted29 Dec 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 $943/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

Parkwood in one glance

Parkwood at a glance

9,138

People

$1,347,500

Median sale

$943/wk

Median rent

3.64%

Suburb gross yield

Median sale from 60 recorded sales (last 12 months) — a Districts calculation.

See the full Parkwood report →

Keep researching

  • Why Parkwood? Read the area thesis →
  • What else is on the market in Parkwood →
  • Other records on Inverness Way →

Listing material

Listed by COASTAL ° Robina

GRAND FAMILY HOME WALKING DISTANCE TO HOSPITAL & UNIVERSITY!

Privately nestled on a spacious 801m2 block, in a quiet street, is this stunning, renovated, 4 bedroom 4 bathroom, PLUS study home with 332m2 of internal living! Once you step inside the property you are immediately impressed with its stylish and homely feel. It is grand, yet welcoming. It stands proud but offers practical and functional living. It is majestic without being pretentious. It is home!

Renovated to provide space and comfort to even the biggest of families with all four bedrooms oversized, ensuited and air-conditioned. Plus a separate purpose built study for a home office, working from home or study area for the kids. This home really delivers!

The inground swimming pool is a highlight of the property as is the huge outdoor entertaining area. Summer is going to be amazing in this fantastic family home!

Read the full description

With its grand entrance foyer, stunning staircase, huge, multiple living areas, 2 master suites and oversized kitchen this home will certainly impress all those that see it and it is going to make one lucky family a very happy home.

Not only is the house impressive but its location is fantastic! Positioned in a quiet, neighbourly street, it is only minutes to the Gold Coast University Hospital Precinct and close to local schools, shopping and M1 access. This sensational property should be at the top of your buying list!

Features include:

• Huge, renovated kitchen with waterfall stone tops, glass splash backs, two ovens, gas cook tops, an abundance of storage, big pantry, dishwasher, and servery windows for perfect entertaining!

• Enormous master suite complete with

extra-large, custom built walk in robe, air-con, ceiling fan, lush carpets and ensuite with floor to ceilings tiles, double sink vanity with stone tops and rain head shower

• Second oversized master suite with triple built in robes, air-con, fan, ensuite with floor to ceiling tiles, stone top vanity and spacious shower

•2 other bedroom both very generous in size with built in robes, air-con, fans and all with their own bathrooms

• All bathrooms throughout the home have been renovated to a high standard with floor to ceiling tiles, stone tops, good sized showers and quality fixtures and fitings

• Open plan family and living area with projector screen TV and projector, split system air-con and easy access to Alfresco area

• Large carpeted formal lounge and formal dining rooms great for family nights in front of the TV

• Purpose built study with built in desks and storage make for a great home office or working from home space

• Massive walk-in linen plus extra linen cupboards throughout the home ensures there is room to store everything!

• Large inground swimming pool sets the backdrop to the rear yard and will provide endless Summer fun!

• Oversized patio overlooking pool, linked to the kitchen by servery windows is absolutely perfect for entertaining!

• Good sized backyard perfect for kids and pets to enjoy

• Solar Panels

• Private secure wraparound yard

• Electric gate access for cars and lockable pedestrian gate access

• Shade sails over driveway for covered parking

• Plenty of space for parking of cars, boats, caravans and trailers

• Garden shed

• Alarm system

• Walking distance to Hospital, University, transport, shopping, amenities and Gold Coast arterial roads as well as quick access to the M1

Please call Marleen Cleary on 0400 848 447 to book your inspection today!

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Listing description written by Marleen Cleary, COASTAL ° Robina — reproduced as published, not verified by Districts.

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.