Wavell Heights at a glance
11,245
People
$1,570,000
Median sale
$656/wk
Median rent
2.17%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
QLD › Wavell Heights › Watcombe St
$1,377,300
Last sold
23 July 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
655 m²
Land
344 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
$1,377,300
23 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Wavell Heights (last 5 years) with land size have a median of $2,489/m² of land (n=141). Districts calculation from recorded sales — not a valuation.
Wavell Heights at a glance
11,245
People
$1,570,000
Median sale
$656/wk
Median rent
2.17%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Vs Wavell Heights
-12.3%
Median sale
Suburb $1,570,000
+0.31 pp
Gross yield
Suburb 2.17%
Suburb median $1,570,000 from 75 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
UnknownArea
Wavell Heights at a glance
11,245
People
$1,570,000
Median sale
$656/wk
Median rent
2.17%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Coronis AscotAuction In-Rooms 5:30pm
Wednesday 23rd July 2025
520 Lutwyche Road, Lutwyche
Property tenanted until 08/01/2026 at $740.00 per week.
Suburban serenity awaits in this charming four-bedroom home resting peacefully on a 655sqm parcel with parklands only footsteps away and Westfield Chermside 1.7km from your door.
A house of functional comfort and lifestyle convenience, the property is perfect for families seeking walkability to amenities and a layout optimised for relaxed living, entertaining and kids' playtime.
Timber floors and casement windows exude timeless appeal throughout the interiors, which extend across a living and dining area and a kitchen equipped with large benchtops, plentiful storage, and stainless steel appliances.
The northern aspect and quiet calm can be enjoyed on the rear deck and tree-lined backyard, which delight in a leafy landscape and complete privacy for alfresco entertaining, outdoor living, and memorable family moments as kids run and play on the lawns.
Four bedrooms, two bathrooms and a powder room finalise the main level, including a master suite with a walk-in robe and ensuite. The house also features a garage, a secure gated driveway for additional parking, and an extensive undercroft storage area.
Property features:
- Family home in a great location on a 655sqm lot
- Open-plan living and dining area
- Kitchen with ample bench space and a dishwasher
- North-facing rear deck and tree-lined backyard
- 4 bedrooms, 2.5 bathrooms and downstairs laundry
- Master bedroom featuring a walk-in robe and ensuite
- Gated driveway, garage and extensive undercroft storage
- Air-conditioned living area and 4th bedroom/study
- Ceiling fans throughout the home
- Rainwater tanks
Offering a scenic lifestyle and the height of convenience, you will love this suburban setting. Featuring Swaff's Park and 7th Brigade Park 650m away, time can be spent outdoors exploring the nearby parklands, playgrounds, dog parks and bikeways. With Westfield Chermside only 1.7km away, boutique shopping, designer stores, supermarkets, dining and cinemas are within easy reach.
Children are in the Geebung State School and Wavell State High School catchments, and childcare centres and private colleges are accessible in minutes. Featuring bus stops 200m away, Virginia train station 1.7km from your door, and only 10km from the CBD and 14 minutes from Brisbane Airport, this lifestyle location is close to it all.
Disclaimer: The above information is accurate to the best of our knowledge; however, we advise that all interested parties make their own enquiries as we will not be held responsible for any variation that may apply to this information. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Listing description written by Oliver Jonker, Coronis Ascot — reproduced as published, not verified by Districts.
Nearby 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.