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QLD › Greenbank › Magenta St

52 Magenta St, Greenbank QLD 4124

For saleHouse for Sale

$1,240,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

471 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,240,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,240,000(Listing record · 16 July 2026)
  • CalculationAsk is 17% above the Greenbank median recorded sale ($1,063,000, n=125, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Greenbank's advertised median rent ($656/wk), implied gross yield would be 2.75% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,240,000

Asking · $2,633/m² of land

No recorded sale for this property.

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.

See the full Greenbank report →

Vs Greenbank

+16.7%

Median sale

Suburb $1,063,000

-0.46 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.

Total cost to purchase

Purchase Price
$1,240,000
Stamp Duty (Queensland)
$51,825
Transfer/Registration Fee
$5,183
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,300,708

$60,708 on top of the price (4.9% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Greenbank's advertised median rent — not a rent for this listing.

Net yield
1.25%
Annual cashflow (pre-tax)
$-48,968
Interest cover (DSCR)
0.24
Annual rent
$34,112
Operating expenses
$18,600
Loan amount
$992,000
Annual interest
$64,480
Gross yield
2.75%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$1,240,000available16 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.8%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Greenbank in one glance

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.

See the full Greenbank report →

Keep researching

  • Why Greenbank? Read the area thesis →
  • What else is on the market in Greenbank →
  • Other records on Magenta St →

Listing material

Listed by Ray White Acacia Ridge

Brand New Family Living in Everleigh Estate

Positioned on a 471m2 corner block with a peaceful bushland outlook, this brand new residence by Orbit Homes delivers an impressive blend of contemporary design, premium inclusions and family-focused living. Offering approximately 257m2 under roof, every detail has been carefully considered to create a home that strikes the perfect balance between contemporary style, quality craftsmanship and everyday practicality.

From the street, the architectural facade immediately captures attention with its distinctive roofline, combination of render and feature cladding and landscaped gardens, creating an impressive first impression. Step inside and a wide entry hallway, complemented by high 2.74m ceilings and quality finishes, immediately establishes the sense of space that continues throughout the home.

At the heart of the residence, the spacious open-plan living and dining area has been designed to bring family and friends together, flowing effortlessly to the covered outdoor entertaining area for year-round enjoyment. The beautifully appointed kitchen features 40mm stone benchtops, premium Smeg appliances including a 900mm gas cooktop, oven and dishwasher, together with a well-equipped butler's pantry complete with a second sink, window and additional cabinetry.

Read the full description

The home offers four generously sized bedrooms, including a privately positioned master suite with a walk-in robe and stylish ensuite featuring a double vanity. A separate media room and dedicated study or kid's play area complete the well-considered floor plan, providing valuable additional living space. Thoughtful upgrades continue throughout, including ducted air-conditioning, upgraded hybrid flooring, quality carpet and solar power, completing a home that combines modern style with everyday functionality.

Property Features:

• Brand New Home - Built July 2026

• Ducted air-conditioning throughout

• Approximately 257m2 build area

• High 2.74m ceilings, 2.37m doors and wide entry hallway

• Upgraded hybrid flooring with carpet to bedrooms

• Premium roller blinds fitted throughout

• Four bedrooms with built-in robes and ceiling fans

• Master bedroom with walk-in robe and ensuite featuring double vanity

• Family bathroom with shower and separate bath

• Separate media room plus study or kid's play area

• Spacious open-plan living and dining area

• Kitchen with 40mm stone benchtops, soft-close drawers

• Smeg appliances including 900mm gas cooktop, oven and dishwasher

• Butler's pantry with additional sink, window and cabinetry

• Covered outdoor entertaining area with ceiling fan

• Internal laundry with linen cupboard

• Double remote garage with internal and backyard access

• Fully fenced backyard

• Low-maintenance landscaping

• Solar power 6.6kW

Location Highlights

• Located within Mirvac's Everleigh Estate

• Everleigh State School - approximately 2 minutes

• Greenbank Shopping Centre - approximately 2 minutes

• Award-winning Eve Cafe & Bar within the estate

• Everleigh Sports Park with competition-grade AFL oval

• Parks, playgrounds, dog park, walking trails and the Everleigh Art Trail

• Multiple nearby childcare centres

• Easy access to the Logan Motorway and Mt Lindesay Highway

• Convenient access to Orion Springfield, Grand Plaza and Park Ridge Town Centre

Everleigh by Mirvac is a thoughtfully master-planned community that combines modern living with expansive green spaces and quality community amenities. With more than 38 hectares of parkland and sports facilities, 148 hectares of conservation bushland, walking trails, playgrounds and the award-winning Eve Cafe & Bar, residents can enjoy an active lifestyle close to home. Convenient access to schools, shopping centres and major transport links further enhances the appeal of this growing Greenbank community.

From its premium upgrades to its spacious family-friendly design, this brand new home is ready for its first owners to move in and enjoy everything Everleigh has to offer.

To register your interest, view the Seller Disclosure Statement and other property documents, or submit an offer, visit: https://prop.ps/R3xObQKzGr9Z

Disclaimer: While every effort has been made to ensure the accuracy of the information provided, no warranty is given by the vendor or the agent as to its accuracy. Interested parties should make and rely on their own enquiries. Images may have been digitally enhanced or virtually staged for marketing purposes and should be used as a guide only.

Listing description written by Umair Khan, Ray White Acacia Ridge — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage
  • Study
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.