Greenbank at a glance
15,350
People
$1,063,000
Median sale
$656/wk
Median rent
3.21%
Suburb gross yield
Median sale from 125 recorded sales (last 12 months) — a Districts calculation.
$925,000
Last sold
16 Apr 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
350 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
$925,000
16 Apr 2026 · derived via latest_sale
Local land rate: recorded House sales in Greenbank (last 5 years) with land size have a median of $2,171/m² of land (n=145). Districts calculation from recorded sales — not a valuation.
Greenbank at a glance
15,350
People
$1,063,000
Median sale
$656/wk
Median rent
3.21%
Suburb gross yield
Median sale from 125 recorded sales (last 12 months) — a Districts calculation.
Vs Greenbank
-13.0%
Median sale
Suburb $1,063,000
+0.48 pp
Gross yield
Suburb 3.21%
Suburb median $1,063,000 from 125 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 $656/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
Greenbank at a glance
15,350
People
$1,063,000
Median sale
$656/wk
Median rent
3.21%
Suburb gross yield
Median sale from 125 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Brookwater and Greater SpringfieldELIZA REES TEAM SELLS ANOTHER GREENBANK HOME.
After a great sales campaign we are officially sold on this cute little Covella home. With multiple offers & many open home attendees we are proud to invite a new buyer to Greenbank.
The Eliza Rees Team is proud to present 51 Lovage Street, Greenbank | A beautiful family home in the highly-sought after Covella estate. Thoughtfully designed to relax & unwind featuring four spacious bedrooms, two bathrooms, open plan living area plus an additional entertainment/media room. Outside boasts the fully fenced backyard with an extended alfresco making it all very low maintenance & perfect for people in all stages of their life. Inside you will stay comfortable all year round with the ducted air-conditioning & ceiling fans in all the rooms plus one under the alfresco. You have the convenience of schooling options, parklands, the home of the Greenbank Giants AFL field, The Eve Cafe & shopping centres close-by (with more shops to come soon!) Our community-based events & friendly neighbours are something to look forward to, a welcoming atmosphere, this is one area you will want to call home.
The luxury master is a private haven located at the back of the home, with soft plush carpet underfoot & a generous walk in robe, tucked away is the ensuite with twin rain heads in the oversized shower. Each bedroom has built-in wardrobes & plush carpets, blinds for added comfort & privacy with sleek white fans & ducted air-conditioning. The kitchen is one for the culinary experts of the family, with plenty of storage, a walk-in pantry, soft close cabinetry, five burner gas cook-top & large oven plus ample bench space lit up with beautiful pendant lighting & led strips. The additional media room is perfect for those cosy movie nights with the kids whilst the adults can lounge in the open plan living room (currently used as an oversized dining room) With so much natural lights filtering through this home, it will be a popular choice, secure a viewing today by calling Eliza Rees on 0422335676.
Features to love:
| Ceiling height 2590mm
|1200mm wide front door with keyless smart lock
| Five burner gas cooktop
| 20mm counter tops with waterfall end
| Pendant lighting above kitchen island
| Walk in pantry
| LED strip lighting
| Second living room
| Hybrid flooring
| Sleek family bathroom with floor to ceiling tiles
| Lush carpets in the bedrooms & additional living space
| Twin rain heads in en-suite
| Security screens throughout
| Block out blinds throughout
| Ceiling fans throughout
| Multi zone ducted air conditioning
| Extended alfresco with ceiling fan
| Epoxy garage floor
Covella Estate by Avid Property Group is a beautiful growing premium Greenbank estate, with residential & acreage homes in unison. Lots of parks & walking tracks with so much more to come. Heartland Central Park was opened late 2023 with many more green spaces planned, all within walking distance from all homes in the estate. A beautifully master planned community, with great neighbours. Please read more here: https://covella.avid.com.au/
Specifications
Council: Logan City Council
Build Finish: March 2025
Builder: AVIA Homes
Land: 350m2
Home: 192m2
Rental Appraisal: $730 - $750 per week
Register your interest & offer here or via the external link: https://prop.ps/hdbvOgrQGvdy
Buying | Selling | Renting
Contact your Greenbank #1 Resident Agent & Suburb Specialist, Eliza Rees today for all your property needs on 0422335676 or by clicking on the external link - https://elizarees.raywhite.com/
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 Eliza Rees, Ray White Brookwater and Greater Springfield — reproduced as published, not verified by Districts.
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