Richlands at a glance
6,856
People
$1,000,000
Median sale
$593/wk
Median rent
3.08%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
QLD › Richlands › Vanessa Cl
$830,000
Last sold
12 Aug 2024
4
Bedrooms
2
Bathrooms
1
Car spaces
432 m²
Land
159 m²
Building
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
$830,000
12 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Richlands (last 5 years) with land size have a median of $2,052/m² of land (n=22). Districts calculation from recorded sales — not a valuation.
Richlands at a glance
6,856
People
$1,000,000
Median sale
$593/wk
Median rent
3.08%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Vs Richlands
-17.0%
Median sale
Suburb $1,000,000
+0.64 pp
Gross yield
Suburb 3.08%
Suburb median $1,000,000 from 9 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 $593/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
Richlands at a glance
6,856
People
$1,000,000
Median sale
$593/wk
Median rent
3.08%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Place Kangaroo PointSituated in the fast growing area of Richlands this is the picture perfect family home with more. Offering four spacious bedrooms two bathrooms, open plan living plus multi purpose room or home office this home has been freshly painted and brand new carpet installed and is move in ready.
Adjacent to the welcoming entry way are two bedrooms both with built in robes, ceiling fans and screens. A versatile home office is accessed through the garage for convenience and the third bedroom sits adjacent to the spacious family bathroom.
A combined kitchen family dining room occupies the majority of the home area. Pride of place in the kitchen the 900mm wide stainless steel rangehood, cooktop and oven with a long wide open benchtop for preparation with plentiful drawers and pantry for storage.
Leading off the open plan living area, the huge master suite is equipped with large walk in robe and light bright, airy ensuite with white neutral tiling throughout.
Leading from the family room directly through large glass sliding doors is the long covered entertainment area with tiered rear yard for kids play and room for pets to run.
Fully fenced and equipped with home security screens and ceiling fans through all bedrooms, air con installed in the family room for comfort, this home offers more than meets the eye.
Further location highlight include:
- 5 min drive from Richlands East Estate School
- 7 min drive from Forest Lake High School
- 4 min drive from Richlands Plaza
- 9 mins drive from Forest Lake Shopping Centre
- 4 min drive from Richlands Train Station
- Only 35 min to Brisbane CBD with easy access to the Centenary Highway and Ipswich Motorway
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, 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 Deb Maguire, Place Kangaroo Point — reproduced as published, not verified by Districts.