Tanah Merah at a glance
5,000
People
$1,015,500
Median sale
$642/wk
Median rent
3.29%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
QLD › Tanah Merah › Pelewan Ct
$776,000
Last sold
24 Oct 2024
4
Bedrooms
2
Bathrooms
1
Car spaces
629 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
$776,000
24 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in Tanah Merah (last 5 years) with land size have a median of $1,066/m² of land (n=102). Districts calculation from recorded sales — not a valuation.
Tanah Merah at a glance
5,000
People
$1,015,500
Median sale
$642/wk
Median rent
3.29%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Vs Tanah Merah
-23.6%
Median sale
Suburb $1,015,500
+1.01 pp
Gross yield
Suburb 3.29%
Suburb median $1,015,500 from 26 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 $642/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
Tanah Merah at a glance
5,000
People
$1,015,500
Median sale
$642/wk
Median rent
3.29%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX RevolutionProviding a peaceful and secure family setting, this beautifully presented residence is perfectly designed for family living. Situated on a level and fully useable 629m2 block, the property has the added benefit of full drive through side access to the huge rear yard.
Offering a well-devised, family-friendly floorplan, the home maintains a cheery mood throughout with spacious, light-filled living zones and a timeless, neutral colour palette. This home would be perfectly suited to growing families and would also make a superb investment in this affordable up and coming suburb which is just half an hour's drive to both the Gold Coast & Brisbane CBD.
On entry, a private lounge room provides a sunlit spot to relax away from the family hustle & bustle. This area flows through to the heart of the home where the kitchen overlooks the open-plan casual dining and living zones. This area flows beautifully out to your expansive covered outdoor entertaining area... a perfect set-up for both intimate family life and entertaining a crowd!
Positioned at the heart of the casual living and dining zones, allowing easy service to both indoors and out, is the freshly presented kitchen with a full range of appliances including a stainless-steel dishwasher. There is plenty of cupboard and bench space and a good- sized pantry. A timber servery from your entertaining area to kitchen window is a convenient addition.
There are a total of four generously sized bedrooms, all with built-ins and ceiling fans. The master bedroom features a full wall of built-ins and a freshly presented ensuite. A second bathroom with soaker tub and a separate toilet services the remainder of the home perfectly.
The outdoor entertaining area overlooks the expansive, fully fenced rear yard which provides plenty of room for children and pets to play in safety.
Your vehicles will be secure in the single lock-up garage and there is the added bonus of full drive through side access to the rear yard. There is plenty of room to add a pool or the largest of sheds and still have ample grassed area.
Added conveniences include air-conditioning, ceiling fans throughout, new plush carpets in all bedrooms, well equipped laundry at the rear of the garage, fully insulated roof with bats.
Tanah Merah is an affordable upcoming suburb which is conveniently located within minutes of the Logan Hyperdome shopping Precinct. You are spoilt for choice with a large number of public and private schools, many parks with BBQ areas, playgrounds, sporting facilities, cycling and walking tracks and golf courses. It is only a couple of minutes from access to the M1, north or south, and the Ipswich Motorway, putting the Brisbane CBD, the Gold Coast & western suburbs all within a half hours drive.
"RE/MAX Revolution Real Estate has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accepts no responsibility and disclaims 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 Mark Coleman Team, RE/MAX Revolution — reproduced as published, not verified by Districts.