Wongawallan at a glance
1,541
People
$1,685,000
Median sale
$874/wk
Median rent
2.70%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
QLD › Wongawallan › Solomon Ln
$830,000
Last sold
11 June 2018
3
Bedrooms
2
Bathrooms
2
Car spaces
9,213 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
$830,000
11 June 2018 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Wongawallan (last 5 years) with land size have a median of $154/m² of land (n=23). Districts calculation from recorded sales — not a valuation.
Wongawallan at a glance
1,541
People
$1,685,000
Median sale
$874/wk
Median rent
2.70%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Vs Wongawallan
-50.7%
Median sale
Suburb $1,685,000
+2.78 pp
Gross yield
Suburb 2.70%
Suburb median $1,685,000 from 12 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 $874/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
Wongawallan at a glance
1,541
People
$1,685,000
Median sale
$874/wk
Median rent
2.70%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals Serendipity - Tamborine Mountain51 Solomon Lane will surprise and delight you from the moment you step through the gate, to the instant you pause to be immersed in the view, to the many hours you spend exploring secret gardens. Offering you privacy without isolation in a quality location, here you can have the country feel, while being close to everything!
At just over 5 years old, this home feels brand new. It was built with care and attention and has been lovingly refreshed by the current owners. Double timber doors lead you to an airy open-plan arrangement for the large living, dining and kitchen areas. The raked ceiling and expanse of glass creates an ambience that is warm and relaxing. This is a home that invites you to stay. The separate media/office/rumpus room can be closed off from the living room which also opens out on to your spacious raised back deck. This makes the perfect spot to entertain and enjoy spectacular sunsets over the Hinterland.
Outside is just as good as inside. Spread over 2.2 acres, the land here is lush and enchanting. Paths lead around vegetable gardens and fruit trees in your very own young orchard ensuring a bountiful harvest for years to come. Explore trails in your own private forest to find treasures of rare plant-life, amazing rock features and mossy grottos. On the top side of the property, a large flat lawn provides another useful area and has a separate studio with deck. This "cool" space to inhabit could be used as a workshop, man-cave or an entertainment hub away from the main house.
Features include:
- Separate studio
- Recently re-polished Blackbutt timber flooring
- Modern kitchen with ample storage and large, new benchtop
- Air-conditioning in media/rumpus room
- Insulation in ceiling and walls
- Master bedroom with ensuite and walk-in-robe
- Other bedrooms with built-ins
- All bedrooms with new black-out, insulating blinds and new carpets
- Solar hot water (with electric back-up)
- Back deck has roll-down shade screens
- Indoor fireplace and outdoor fire-pit
- Veggie gardens and fruit trees
- Extensive rock wall terracing
- 45,000 litres over two tanks
- 15 minutes' to either Oxenford or the M1 Highway
- Within Highland Reserve State School catchment area
Our sellers are motivated! Their loved home is now reluctantly offered for sale as they relocate for work and family overseas. Make the most of this opportunity.
Call Tamara or Michael to inspect today.
Listing description written by Michael Kingsnorth, Professionals Serendipity - Tamborine Mountain — reproduced as published, not verified by Districts.