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QLD › Canungra › Sarabah Rd

498 Sarabah Rd, Canungra QLD 4275

Rural Property

$1,450,000

Last sold

9 Mar 2021

1

Bedrooms

1

Bathrooms

12

Car spaces

1,515,400 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 $1,450,000 (9 Mar 2021).(Recorded sale)
  • FactLand 1,515,400 m²; no building size recorded.(Property record)
  • CalculationRecorded Rural Property sales in Canungra (last 5 years) with land size: median $12/m² of land (n=4). 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

$1,450,000

9 Mar 2021 · derived via latest_sale

Local land rate: recorded Rural Property sales in Canungra (last 5 years) with land size have a median of $12/m² of land (n=4). Districts calculation from recorded sales — not a valuation.

Canungra at a glance

1,540

People

$1,257,500

Median sale

$799/wk

Median rent

3.30%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Canungra report →

Vs Canungra

+15.3%

Median sale

Suburb $1,257,500

-0.43 pp

Gross yield

Suburb 3.30%

Suburb median $1,257,500 from 14 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$1,450,0009 Mar 2021
  2. Listedprice unknowncompleted20 July 2020

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 $799/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

Canungra in one glance

Canungra at a glance

1,540

People

$1,257,500

Median sale

$799/wk

Median rent

3.30%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Canungra report →

Keep researching

  • Why Canungra? Read the area thesis →
  • What else is on the market in Canungra →
  • Other records on Sarabah Rd →

Listing material

Listed by LJ Hooker Nerang

Spectacular Hinterland Acreage with Creek Front and Views

Fabulous 375 acres and close to town!

Just 15 minutes from Canungra in the heart of the beautiful Sarabah Valley, this outstanding property will suit a variety of buyers including those wanting the perfect country escape, a working farm or fabulous horse property. It also offers a lucrative business opportunity as a tourist facility, farm stay or camping ground.

Consisting of flat, gently sloping land rising up towards the head of the property, the acreage is easily accessible with bush tracks and trails covering the entire block, and offers the most stunning views down the valley towards Tamborine Mountain.

Read the full description

This versatile property includes Canungra Creek water frontage, natural springs and gorgeous seasonal waterfalls, providing an unlimited water supply for gardens, horses and livestock.

The property currently operates as a working farm and horse facility, running up to 60 head of cattle. All of the infrastructure is in place. The property is fully fenced and includes a large set of holding yards, loading ramp for the cattle, and for the horses, 3 stables, 40m x 20m grass arena, round yard, tack room and wash bay.

The charming modest one bedroom, one bathroom cottage consists of an open plan living area which extends on to the outdoor balcony where you can enjoy complete privacy, fresh country air and fabulous mountain views.

The monster 27m x 9m shed with three-phase power includes a workshop and storage for tractors and farm equipment.

Adjacent to the shed is a large building pad, the perfect spot to build your dream home.

The cottage:

* 1 Bedroom

* Bathroom

* Open plan living, dining and kitchen

* Balcony & verandah

* Under house laundry and storage area

External features:

* Amazing views down the valley to Tamborine Mountain

* 27m x 9m Colorbond shed with three phase power plus workshop & plenty of storage

* 3 Stables, tack room & wash bay

* 40m x 20m Grass arena, large round yard, holding yards with capacity to hold 45 cattle and loading ramps

* Canungra Creek water frontage, natural springs and seasonal waterfalls – unlimited water supply (Riparian water rights)

* 3 Large water tanks

* Large flat building pad

* Abundance of birds & wildlife

* Capable of holding 60 head of cattle

* 375 acres (151.54 hectares)

* Council rates $2110 per 6 months

* Good phone reception and satellite internet

You can enjoy absolute privacy on this superb country property whilst being close to Canungra and only 40 minutes from the hustle and bustle of Nerang with access to the Gold Coast, M1 and Brisbane.

For those searching for a very special property, you really need to view this one.

Call Mark Parry now for your private inspection.

* All measurements and distances are approximate.

* All questions regarding subdivision and development should be directed to Scenic Rim Regional Council Planning Department on 07 5540 5111.

Listing description written by Mark Parry, LJ Hooker Nerang — reproduced as published, not verified by Districts.

Property features

  • Fully Fenced
  • Shed
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.