Richlands at a glance
6,856
People
$1,000,000
Median sale
$593/wk
Median rent
3.08%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
QLD › Richlands › Balgowan St
5
Bedrooms
3
Bathrooms
2
Car spaces
478 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Richlands (last 5 years) with land size have a median of $2,041/m² of land (n=23). Districts calculation from recorded sales — not a valuation.
Richlands at a glance
6,856
People
$1,000,000
Median sale
$593/wk
Median rent
3.08%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
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 $593/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
Richlands at a glance
6,856
People
$1,000,000
Median sale
$593/wk
Median rent
3.08%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Forest LakeWelcome to 5 Balgowan Street Richlands.
Discover the perfect blend of elegance and spaciousness in this stunning 5-bedroom, 1-study, 3-bathroom, 1 powder room house. Nestled on a generous 478m² block, this residence is designed for family living and entertaining. From the beautifully appointed interiors to the expansive outdoor spaces, every detail is crafted for comfort and style. This captivating property is ready to welcome you home!
The downstairs area features an open-plan kitchen with granite benchtops and dining space, complemented by separate formal living and dining rooms, perfect for entertaining. For added convenience a bathroom and a bedroom are located downstairs. As you move upstairs, you'll discover the luxurious master bedroom, a dedicated study, and three additional bedrooms, all surrounding a spacious second family/living room. Each level boasts its own main bathroom, ensuring convenience and comfort for the whole family.
Property Features:
- 5 Bedrooms
- 2 Bedrooms with walk in wardrobes including master bedroom that has 2
- 3 bedrooms with build in wardrobes
- Ducted air-conditioning through out to keep you comfortable all year round
- 3 split system aircons in 3 of the bedrooms
- 3 bathrooms plus powder room
- Home security alarm system
- Solar Power
- Very spacious Master bedroom with ensuite and 2 walk in wardrobes.
- Timber Floors
- Garden shed
- Beautiful garden with low Maintenance yard
- Kitchen with Granite benchtops, Stainless steel appliances, dishwasher and sink garbage disposal.
- Double Lock up garage
- All windows and doors have security screens.
- Outdoor entertainment area and spacious laundry area
- ducted vacuuming ports throughout the house
Notable Advantages:
- Ducted Cooling: Enjoy consistent comfort with ducted cooling throughout the property.
- Quality Flooring: Floorboards add a touch of sophistication to the interior.
- Fully Fenced Backyard: Perfect for children and pets to play safely.
- Outdoor Entertaining Area: Ideal for hosting gatherings and enjoying Queensland's beautiful weather.
- Convenient Storage: A shed provides additional storage space for tools and equipment.
- Home security system
Location Benefits: Conveniently located in a sought-after suburb, this property offers easy access to the Centenary Motorway, Ipswich Motorway, schools, parks, and shopping Centre. Nearby public transport options make commuting a breeze.
- School catchment zone for Glenala State High School and Inala State high school
- Richlands State primary School only 6 minutes drive away
- Parks and recreation within close proximity
- 6 Minute drive to Richlands Train Station
- 3 Minute drive or short walk to Richlands Plaza
- 25 Minute drive to Brisbane CBD
- Within close proximity to bus stops
Don't miss out on making this Gem Yours! Call Gee Singh on 0425 250 750 or Brooke Martens on 0419 918 222
DISCLAIMER: While utmost diligence has been applied in preparing this information, we disclaim any liability for potential typographical errors or inaccuracies. The accuracy of all information is deemed reliable at the time of printing. Prospective buyers are encouraged to conduct their own independent verification.
Listing description written by Gee Singh, Ray White Forest Lake — reproduced as published, not verified by Districts.