Karana Downs at a glance
3,889
People
$1,069,500
Median sale
$668/wk
Median rent
3.25%
Suburb gross yield
Median sale from 42 recorded sales (last 12 months) — a Districts calculation.
QLD › Karana Downs › Illawong Way
$835,000
Last sold
22 Jan 2026
3
Bedrooms
1
Bathrooms
4
Car spaces
1,088 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
$835,000
22 Jan 2026 · derived via latest_sale
Local land rate: recorded House sales in Karana Downs (last 5 years) with land size have a median of $620/m² of land (n=145). Districts calculation from recorded sales — not a valuation.
Karana Downs at a glance
3,889
People
$1,069,500
Median sale
$668/wk
Median rent
3.25%
Suburb gross yield
Median sale from 42 recorded sales (last 12 months) — a Districts calculation.
Vs Karana Downs
-21.9%
Median sale
Suburb $1,069,500
+0.91 pp
Gross yield
Suburb 3.25%
Suburb median $1,069,500 from 42 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 $668/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
Karana Downs at a glance
3,889
People
$1,069,500
Median sale
$668/wk
Median rent
3.25%
Suburb gross yield
Median sale from 42 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Crowne Real EstateWelcome to 5 Illawong Way Karana Downs. This feature packed, low set, brick and tile property has so much to offer and is proudly presented to market for the first time in 20 years.
Situated in a quiet residential street, this solid home features parking for 4 cars with a double carport out the front and a double bay shed down the back accessed through side gates for rear vehicle access.
Stepping through the front door, the entry showcases a timber feature divide which blends perfectly with the exposed cathedral ceilings of the generous air conditioned lounge room to your left which has plush carpets, bay window and pot belly fire place for cozy winter nights. The open plan kitchen has plenty of bench space, wall oven and cooktop and flows seamlessly through to the dining and living area. The home is cleverly designed to provide indoor/ outdoor living with a stunning outlook to the full covered rear entertaining area, huge rear yard and sparkling swimming pool with full deck surround- perfect for family bbq's and large gatherings or just enjoy a quiet relaxing bevvy beside the pool! Best of all- there are no rear neighbours as the land backs onto a reserve which gives the property an acreage feel with a lot less maintenance.
Three good size, carpeted bedrooms all with built in robes are serviced by an updated two way family bathroom with full bath, separate shower and stone top vanity with access to the air conditioned master bedroom. A separate toilet and additional vanity provides convenience for family living and the internal laundry has external entrance, bench space and linen storage opposite.
The location is unbeatable with amenities such as doctors, dentist, pharmacy, local shops, petrol station and primary school all only minutes away, and plenty of recreational facilities to choose from with a local park two houses down from your front door and less than 2 minutes to Colleges Crossing recreational reserve.
Dining options are also plentiful with Karana Downs Golf Club, Mount Crosby Bowls Club and Karalee Tavern to choose from.
Major supermarkets including Woolworths and Coles as well as specialty stores, takeaways and cafes are a 5 minute drive and access to the Warrego Highway for commuters.
School buses service the area for all surrounding Public and Private schools and there are several local child care centres to choose from.
Karana Downs falls in the Brisbane City Council region and is approx. 40 minutes west of Brisbane and only 10 minutes to Ipswich.
This one is sure to be popular and won't last long on the market. Take advantage of the Holiday period and secure this amazing home before the competition returns.
Call Jenni today to arrange your private inspection or come along to the open home.
• Above ground pool with full deck surround
• Entertainer's dream with full length covered rear veranda
• Close to primary school, shops, medical facilities, parks and reserves
• Two living areas including air conditioned lounge with cathedral ceilings and fireplace
• Security screens and ceiling fans throughout
• Three good sized bedrooms with built in robes. Master with air con and access to the modern two way bathroom
• Family bathroom with full bath, separate shower and stone top vanity
• Rear yard access and four car accommodation including two bay shed
• Approx 40 mins to Brisbane
• Approx 10 mins to Ipswich
* Rental Appraisal is approx $730-$750 per week
DISCLAIMER: Crowne Real Estate has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Listing description written by Jenni Hood, Crowne Real Estate — reproduced as published, not verified by Districts.