The Gap at a glance
18,470
People
$1,408,750
Median sale
$741/wk
Median rent
2.74%
Suburb gross yield
Median sale from 62 recorded sales (last 12 months) — a Districts calculation.
QLD › The Gap › Michaela Cres
$1,235,000
Last sold
18 May 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
558 m²
Land
103 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
$1,235,000
18 May 2026 · derived via latest_sale
Local land rate: recorded House sales in The Gap (last 5 years) with land size have a median of $1,974/m² of land (n=91). Districts calculation from recorded sales — not a valuation.
The Gap at a glance
18,470
People
$1,408,750
Median sale
$741/wk
Median rent
2.74%
Suburb gross yield
Median sale from 62 recorded sales (last 12 months) — a Districts calculation.
Vs The Gap
-12.3%
Median sale
Suburb $1,408,750
+0.38 pp
Gross yield
Suburb 2.74%
Suburb median $1,408,750 from 62 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 $741/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
The Gap at a glance
18,470
People
$1,408,750
Median sale
$741/wk
Median rent
2.74%
Suburb gross yield
Median sale from 62 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Prowealth PaddingtonDiscover the perfect blend of indoor comfort and outdoor living in this spacious, freshly updated family home. Designed with the Queensland lifestyle in mind, this residence boasts a massive covered wrap-around deck that serves as an outdoor sanctuary, complemented by an additional patio below—perfect for weekend BBQs and relaxing afternoons.
Rates = $725 per quarter approx.
Built = 1970
Rent Appriasal = $760 - $800 per week.
Please email us for a copy of the offer form and disclosure documents.
The Highlights:
Freshly Refreshed: Crisp, newly painted interiors and polished timber floorboards throughout the upper level.
Open-Plan Living: A spacious kitchen (complete with dishwasher) flows seamlessly into the air-conditioned lounge and dining areas.
Space for Everyone: Three generous bedrooms with built-in robes, plus a huge downstairs rumpus room—ideal for a teen retreat or home office.
Outdoor Oasis: Expansive wrap-around deck and a secondary covered patio overlooking a fully fenced, secure yard.
Convenience: Double lock-up garage and ceiling fans throughout for year-round comfort.
The Location:
Nestled in a leafy pocket of The Gap, you are minutes away from the best the suburb has to offer. Enjoy local favorites like the The Gap Farmers Market, The Gap Health and Racquet Club, and elite schooling including The Gap State School and St Peters. With Ashgrove's dining precinct just down the road, everything you need is at your doorstep and all within a quick easy commute to the city.
Listing description written by Daniel Goodwin, Prowealth Paddington — reproduced as published, not verified by Districts.