Springwood at a glance
10,231
People
$1,242,500
Median sale
$690/wk
Median rent
2.89%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
QLD › Springwood › Lorimer St
$2,050,000
Last sold
16 Jan 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
1,108 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
$2,050,000
16 Jan 2026 · derived via latest_sale
Local land rate: recorded House sales in Springwood (last 5 years) with land size have a median of $1,489/m² of land (n=105). Districts calculation from recorded sales — not a valuation.
Springwood at a glance
10,231
People
$1,242,500
Median sale
$690/wk
Median rent
2.89%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
Vs Springwood
+65.0%
Median sale
Suburb $1,242,500
-1.14 pp
Gross yield
Suburb 2.89%
Suburb median $1,242,500 from 66 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 $690/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
Springwood at a glance
10,231
People
$1,242,500
Median sale
$690/wk
Median rent
2.89%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Rennard HarveyDiscover a superb opportunity in a quiet locale—just 300 metres from Coles and premier retail, dining, and lifestyle destinations, and a mere 200 metres from the Springwood busway station, offering rapid vehicle access to the Pacific Motorway.
This standout property is the most significant in the Greater Springwood area. The existing low-set home, featuring 3 bedrooms and 1 bathroom, provides flexibility: live in it or rent it out for income until you're ready to develop.
As Springwood evolves into the emerging CBD and cultural hub of Logan City, in line with the Greater Springwood Master Plan, this is your chance to be part of something extraordinary.
- DA Approved 4-Level Site for 14 High Physical Support (HPS) SDA Apartments + 2 Onsite Overnight Assistance Studio Apartments (OOA)
- Comprising 8 x 2 bedrooms and 6 x one bedroom apartments + 2 OOA apartments
- 1,108 m² gently sloping block
- 3-minute walk to supermarkets, coffee shops, restaurants (including the Brisbane Lions Club), banks, post office, gym, schools, healthcare, fuel station, and the Springwood Busway Station (with a direct link to Brisbane CBD in 20 minutes)
- Easy access to the Pacific Highway to the Gold Coast (40 minutes) and Brisbane CBD (20 minutes)
- 25 minutes to Brisbane Airport
Listing description written by Stephen Browne, Rennard Harvey — 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.