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QLD › Slacks Creek › Paradise Rd

5 Paradise Rd, Slacks Creek QLD 4127

House

$697,000

Last sold

4 June 2025

3

Bedrooms

1

Bathrooms

1

Car spaces

809 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 $697,000 (4 June 2025).(Recorded sale)
  • FactLand 809 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Slacks Creek (last 5 years) with land size: median $1,066/m² of land (n=101). 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

$697,000

4 June 2025 · derived via latest_sale

Local land rate: recorded House sales in Slacks Creek (last 5 years) with land size have a median of $1,066/m² of land (n=101). Districts calculation from recorded sales — not a valuation.

Slacks Creek at a glance

10,824

People

$916,000

Median sale

$559/wk

Median rent

3.17%

Suburb gross yield

Median sale from 60 recorded sales (last 12 months) — a Districts calculation.

See the full Slacks Creek report →

Vs Slacks Creek

-23.9%

Median sale

Suburb $916,000

+1.00 pp

Gross yield

Suburb 3.17%

Suburb median $916,000 from 60 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$697,0004 June 2025
  2. Listedprice unknowncompleted14 May 2025

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 $559/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

Slacks Creek in one glance

Slacks Creek at a glance

10,824

People

$916,000

Median sale

$559/wk

Median rent

3.17%

Suburb gross yield

Median sale from 60 recorded sales (last 12 months) — a Districts calculation.

See the full Slacks Creek report →

Keep researching

  • Why Slacks Creek? Read the area thesis →
  • What else is on the market in Slacks Creek →
  • Other records on Paradise Rd →

Listing material

Listed by Ray White Springwood & Shailer Park

Auction In-Rooms Today @ 5:30pm

Auction In-rooms at Raywhite Springwood

24/34 Fitzgerald Ave, Springwood

Register to bid here-

Read the full description

https://auctionslive.com/app/bidder-registration/8jJnK

Set on a large, level, and flood-free block in a tightly held area, this brick home offers strong land banking potential with valuable exposure.

With ample space at the rear, the block offers clear scope to add a self-contained granny flat (STCA), creating the opportunity for dual income or extended family living. The wide frontage and prominent position also lend themselves well to a home-based business or future subdivision (subject to council approval).

Internally, the home includes three bedrooms, a functional kitchen, and a central bathroom with a separate toilet. The layout is practical and provides a solid base for value-adding improvements. Additional features include a sunroom at the entry, a single lock-up garage, and a paved outdoor area. Access via both street frontages enhances flexibility for future planning.

Whether you're looking to renovate and hold, add a secondary dwelling for dual income, or explore development options down the track (STCA), this is a smart acquisition in an area with consistently strong demand and limited land supply.

Surrounded by established homes, schools, shops, and public transport, the location supports both long-term rental appeal and capital growth. With increasing demand for multi-generational living and affordable secondary dwellings, this property is well-positioned to benefit from ongoing shifts in housing needs.

Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer with an eye for potential, this is a rare chance to secure a property with strong fundamentals and multiple pathways to value creation.

Features:

• 809m2 Large Flat Block & Flood Free

• Prime Exposure with Excellent Potential for a Home-based Business

• Sunroom & Living Room

• Scope to add a granny flat (STCA)

• Solid brick construction - ready for renovation

• Well-positioned in a growth corridor with strong rental yields

Location:

• Walking distance to Parks

• 5 minutes to Mabel Park State School

• 11 minutes to Logan Hospital

• 25 minutes to Brisbane City

• 45 minutes to GoldCoast

Listing description written by Jas Singh, Ray White Springwood & Shailer Park — reproduced as published, not verified by Districts.

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.