Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
QLD › Westlake › Raeside St
$1,515,000
Last sold
26 May 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
841 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
$1,515,000
26 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Westlake (last 5 years) with land size have a median of $1,744/m² of land (n=137). Districts calculation from recorded sales — not a valuation.
Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Westlake
-8.2%
Median sale
Suburb $1,650,444
+0.22 pp
Gross yield
Suburb 2.41%
Suburb median $1,650,444 from 16 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 $766/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
Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by NGU Real Estate BrisbaneWelcome to your serene sanctuary, nestled on a beautifully manicured front yard within a large corner block. Elevated from the street, this meticulously renovated home exudes modern elegance and timeless charm. Renovated just two years ago, every detail of this residence has been carefully curated to perfection.
As you step inside, you are greeted by a spacious living area that seamlessly flows into the dining area and recently renovated designer kitchen, adorned with automatic opening and closing soft-close cabinetry and renovated details that leave no stone unturned. A second informal living area offers direct access to the backyard, creating an effortless indoor-outdoor connection perfect for entertaining or unwinding in the tranquil surroundings.
Downstairs, a spacious study/office with all network and electrical connections provides the ideal space for work or relaxation, while the conveniently located laundry offers easy access to the outdoors. Highly desired, the master bedroom boasts a walk-through robe and ensuite, fully renovated to exude a light and airy feel that envelops you in comfort and luxury.
Upstairs, discover a welcoming living area and three bedrooms, each offering a peaceful retreat for rest and relaxation. A bathroom with a bathtub and separate toilet ensures convenience for the entire household. The freshly painted home with new carpet and high ceilings, and abundance of natural light adds to the modern allure, while gorgeous hardwood flooring throughout enhances the calming and homely ambiance.
Key Features:
• Beautifully manicured front yard on a large corner block
• Elevated high set position from the street
• Meticulously renovated just two years ago with attention to detail
• Spacious living area flowing into dining area and kitchen with soft-close cabinetry
• Second informal living area with direct access to the backyard
• Downstairs study and laundry with outdoor access
• Master bedroom with walk-through robe and fully renovated ensuite
• Upstairs living area and three bedrooms for ample accommodation
• Bathroom with bathtub and separate toilet for added convenience
• Freshly painted home, recently updated lighting throughout with new carpet and high ceilings
• Recently renovated designer kitchen with quality appliances and automatically closing cabinets
• Gorgeous hardwood flooring adding to the modern and light-filled ambiance
• Current vendors converted the existing garage to an working office with air-conditioning, network connections and electrical switches already conveniently connected
• Plantation shutters throughout
• Elevated corner block with an stunning outlook
Location Highlights:
• 2.2km McLeod Country Golf Club
• 3.7km Mt Ommaney Shopping Centre
• 1.0km Local Parks
• 20.7km Brisbane City
• 4.2km M5 Motorway Entrance
Education:
• 1.9km Middle Park State School
• 1.8km Eden Academy Riverhills
• 2.6km Jamboree Heights State School
• 2.4km Good News Lutheran School
Disclaimer:
All information contained herein is gathered from sources we consider to be reliable however we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Your dream home awaits.
Listing description written by Jason Yang, NGU Real Estate Brisbane — reproduced as published, not verified by Districts.