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QLD › Meringandan West › Corella St

5 Corella St, Meringandan West QLD 4352

House

$650,000

Last sold

24 Mar 2022

5

Bedrooms

2

Bathrooms

7

Car spaces

2,008 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 $650,000 (24 Mar 2022).(Recorded sale)
  • FactLand 2,008 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Meringandan West (last 5 years) with land size: median $304/m² of land (n=87). 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

$650,000

24 Mar 2022 · derived via latest_sale

Local land rate: recorded House sales in Meringandan West (last 5 years) with land size have a median of $304/m² of land (n=87). Districts calculation from recorded sales — not a valuation.

Meringandan West at a glance

3,256

People

$886,500

Median sale

$661/wk

Median rent

3.88%

Suburb gross yield

Median sale from 40 recorded sales (last 12 months) — a Districts calculation.

See the full Meringandan West report →

Vs Meringandan West

-26.7%

Median sale

Suburb $886,500

+1.41 pp

Gross yield

Suburb 3.88%

Suburb median $886,500 from 40 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$650,00024 Mar 2022
  2. Listedprice unknowncompleted16 Jan 2022

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 $661/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

Meringandan West in one glance

Meringandan West at a glance

3,256

People

$886,500

Median sale

$661/wk

Median rent

3.88%

Suburb gross yield

Median sale from 40 recorded sales (last 12 months) — a Districts calculation.

See the full Meringandan West report →

Keep researching

  • Why Meringandan West? Read the area thesis →
  • What else is on the market in Meringandan West →
  • Other records on Corella St →

Listing material

Listed by RE/MAX Success Toowoomba

Fantastic Family Home On 2,008m2 Block + Solar + Shed!!

Did somebody say huge shed plus carport? Well, you need to book your inspection now!

Delivering the ultimate in contemporary living with high-end finishes and so much space. Offering a fantastic family lifestyle, this functional family home, redefines the concept in family living with modern interiors, rainwater tanks plumbed to house and external taps, town water, reverse cycle air-conditioners, security screens, ceiling fans, solar panels (2kw approx.) fruit trees, concrete driveway leading to remote garage with internal access, plus a second concrete driveway leading to the shed and carport, this family-friendly home allows for effortless living and entertaining over one level just perfect for a family wanting space on a half-acre block.

Now before we start on the home, the SHED - 7.5m x 6m (approx.) powered, plus a 9m x 6m (approx.) extra high carport ideal for a boat, caravan or small truck (15 AMP power for a caravan). Side access leading to the back yard, so bring the caravan or boat there is room for all the toys!

Read the full description

This immaculate home offers a generous open plan living area which seamlessly flows between the indoor and outdoor living areas. Offering a huge closed in entertainment area 4.5m x 9.2m (approx.) overlooking the huge yard creating a wonderful family living experience.

The kitchen is the heart of the home with modern appliances including a dishwasher, breakfast bar, ample storage space and a separate large pantry. It is combined with open plan living and dining serviced with a reverse cycle air conditioner offering comfort all year round.

The Master bedroom with air-conditioning, including an abundance of built-in robes, access to the alfresco plus ensuite. There are four further good-sized bedrooms and the main bathroom features a separate shower and bath. Plus a huge separate media room, the perfect set up for friends or relatives to enjoy a luxurious stay and creating all-year-round entertainment.

Outside is perfect which gives you plenty of room for the kids and pets to safely play, a fully fenced yard and a second undercover entertaining area. This stunning home offers everything you have been looking for. Located in a quiet pocket of Meringandan West, a short walk to a State Primary School and six minutes drive to Highfields Shopping Centres, State High School and Private Schools, Cafes, Restaurants plus medical facilities.

Well, here you have it all with this stunning home offering 5 bedrooms, 2 bathrooms, 7 car accommodation, plus the Ultimate Man Shed! What are you waiting for!

Prepare to fall in LOVE!

Zoning: Residential (Rosalie)

General rates: currently approx. $1,039.26 net per half-year

Water rates: currently approx. $314.95 net per half year plus consumption

Primary school state catchment: Meringandan State School

High school state catchment: Highfields State Secondary College

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 inquiries and obtain their own legal advice.

Listing description written by Melita Bell, RE/MAX Success Toowoomba — reproduced as published, not verified by Districts.

Property features

  • Fully Fenced
  • Shed
  • Solar Panels
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.