Springfield Lakes at a glance
18,857
People
$982,500
Median sale
$696/wk
Median rent
3.68%
Suburb gross yield
Median sale from 134 recorded sales (last 12 months) — a Districts calculation.
QLD › Springfield Lakes › Waratah Cres
$950,000
Last sold
5 Aug 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
650 m²
Land
132 m²
Building
Districts View
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
$950,000
5 Aug 2025 · derived via latest_sale
Local land rate: recorded House sales in Springfield Lakes (last 5 years) with land size have a median of $2,339/m² of land (n=162). Districts calculation from recorded sales — not a valuation.
Springfield Lakes at a glance
18,857
People
$982,500
Median sale
$696/wk
Median rent
3.68%
Suburb gross yield
Median sale from 134 recorded sales (last 12 months) — a Districts calculation.
Vs Springfield Lakes
-3.3%
Median sale
Suburb $982,500
+0.13 pp
Gross yield
Suburb 3.68%
Suburb median $982,500 from 134 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 $696/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
Springfield Lakes at a glance
18,857
People
$982,500
Median sale
$696/wk
Median rent
3.68%
Suburb gross yield
Median sale from 134 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by STRUD PropertySet on a generous 650m² corner block and framed by a natural bushland backdrop, this home blends space, privacy, and practical design to deliver an exceptional family living experience. The expansive outdoor entertaining deck, side access, and a secure yard make this property ideal for those who love to host, relax, or simply enjoy time outdoors with the family.
Inside, the home offers comfort and functionality in equal measure. With four spacious bedrooms, a large master complete with ensuite and air conditioning, and multiple living areas, the layout suits both growing families and those seeking low-maintenance living. The well-appointed kitchen features a dishwasher and overlooks the open-plan family/dining area, all of which flows effortlessly to the outdoor deck. A remote-controlled double garage, downlights throughout, and a family-sized bathroom round out the key inclusions.
Located in one of Springfield Lakes' most peaceful pockets, this home offers direct access to walking tracks, parks, and nature reserves. It's also within close reach of Mater Private Hospital (9 mins), St Peters Lutheran College (7 mins), Springfield Central High School (6 mins), and the University of Southern Queensland (10 mins). Major shopping centres, bus routes, and train stations are all just minutes away, making daily life incredibly convenient.
Property Features
• Four (4) spacious bedrooms
• Two (2) bathrooms (incl. ensuite to master)
• Remote-controlled double garage
• Large 650m² corner block
• Bushland backdrop for added privacy
• Multiple living areas
• Downlights throughout
• Well-appointed kitchen with dishwasher
• Large household bathroom
• Air conditioning in master bedroom
• Built-in robes and carpet in all bedrooms
• Large outdoor entertainment deck
• Side access
• Fully fenced yard
• Solar power system
Location Features
• Quiet street with conservation land nearby
• 2 mins to local parks and walking trails
• 6 mins to Springfield Central High School
• 7 mins to St Peters Lutheran College
• 9 mins to Mater Private Hospital Springfield
• 10 mins to University of Southern Queensland
• Close to major shopping precincts and public transport
Whether you're upsizing, downsizing, or looking for a smart investment, this is a well-positioned opportunity to secure a family home in one of Springfield Lakes' most desirable locations. Please note some images have had furniture added for advertising purposes, feel free to contact us for unfurnished photographs.
Disclaimer:
STRUD Property has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct 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 Nate Salesa, STRUD Property — reproduced as published, not verified by Districts.