Drewvale at a glance
4,959
People
$1,200,000
Median sale
$750/wk
Median rent
3.25%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
QLD › Drewvale › Mcmillan St
$905,000
Last sold
22 Mar 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
660 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
$905,000
22 Mar 2022 · 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
$1,200,000
Median sale
$750/wk
Median rent
3.25%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs Drewvale
-24.6%
Median sale
Suburb $1,200,000
+1.06 pp
Gross yield
Suburb 3.25%
Suburb median $1,200,000 from 29 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
$1,200,000
Median sale
$750/wk
Median rent
3.25%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Avenue PropertySOLD BY CHRIS GILMOUR 0438 632 459...
If you've been searching for a move-in ready family home or a savvy investment opportunity then this Drewvale home is sure to impress. With four bedrooms, modern finishes, low-maintenance gardens and easy access to the CBD, this property has so much to offer its new owners.
The easy-care gardens and lush lawn of this 660sqm block are the first to welcome you as you arrive and make your way to the front entrance. Stepping inside, you'll be greeted by the spacious, open-plan and light-filled kitchen, living and dining room. The home cook will love the recently renovated kitchen with a walk-in pantry, ample bench space and electric cooking.
From here you can move to the air-conditioned dining and living room or outside to the covered alfresco. Whether you're entertaining guests, watching the kids and family pet play in the fenced backyard or simply relaxing at the end of the day, this is sure to be a much-loved part of the home.
The main bedroom enjoys a walk-in robe, ensuite and air-conditioning while the other three bedrooms each have built-in robes and ceiling fans. Adding to the convenience and spaciousness of the home is the study, a media room and a kids' retreat to ensure a room for every mood and occasion.
A laundry and main bathroom, with a separate toilet, is also on offer alongside a two-car garage, a two-car carport and full side access for a boat or trailer. This must-see property is located in the Stretton College Catchment with school bus pick-up available as well as easy access to the M2 and M6 connecting you to all you could need.
48 McMillan St, Drewvale
4 Bedrooms + Study - with built ins
2 Bathrooms
Master Bedroom with Walk in Robe, Ensuite & Air Conditioning
Media Room
Lounge Room
Dining Area
Kids Retreat
660m Block
Alfresco Patio
Full Side Access for boat/trailer etc
Double Car Garage PLUS Double Car Port
3 x Air Conditioning
Ceiling Fans
Stretton College Catchment with school bus pick up
Public Transport 153
1kw Solar Power
Brisbane City Council
Built 2003
Freshly Painted
Kitchen upgraded
Coral Homes - Daydream 232
+ more
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.