Ellen Grove at a glance
4,191
People
$975,000
Median sale
$636/wk
Median rent
3.39%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
QLD › Ellen Grove › Waterford Rd
3
Bedrooms
1
Bathrooms
5
Car spaces
11,700 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Ellen Grove (last 5 years) with land size have a median of $903/m² of land (n=43). Districts calculation from recorded sales — not a valuation.
Ellen Grove at a glance
4,191
People
$975,000
Median sale
$636/wk
Median rent
3.39%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
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 $636/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
Ellen Grove at a glance
4,191
People
$975,000
Median sale
$636/wk
Median rent
3.39%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by GLO Real EstateLooking for a real estate gem that offers limitless possibilities? We present to you an exceptional property that combines vast land, a prime location, and unparalleled potential.
Situated on a leveled piece of land spanning 1.17 hectares, this property boasts the advantage of TWO STREET FRONTAGES.
Positioned within the development corridor of Ellen Grove, this property holds the zoning of an Emerging Community. With ongoing residential development in the vicinity, this site presents numerous possibilities for the discerning buyer.
Extensive Renovation Potential: This property requires a fair amount of work. From the rusted roof to the missing gutters and more... it presents an exciting challenge for those with a knack for renovation. Embrace the opportunity to refurbish and revitalize or knock down and start your development ventures.
Although the original home may require updates, it presents an exciting prospect for builders, investors, developers, or owner-occupiers looking to acquire this distinctive property. Situated in one of South-West Brisbane's rapidly expanding regions, just 25 km from the city's CBD, this location offers immediate proximity to Forest Lakes' retail and commercial core, public transportation, and recreational amenities.
Key features of 525 Waterford Road include:
- Leveled land spanning 1.17 hectares (approximately 11,700 square meters)
- Approximate frontage of 180 meters and 64.2 meters
- Dual street frontage (corner of Lovat Street and Waterford Road)
- Spacious home with 3 bedrooms in its original condition & Single garage
- Large workshop/shed
- Single garage with ample parking space
- Surrounded by nature and bushland & enjoy the peace and tranquility of the great outdoors at your doorstep.
- Local Authority, Brisbane City Council
- Zoned as an Emerging Community
- Multiple development options
- Identified as a South-West Brisbane Priority Growth Precinct
- NBN connectivity ready for installation
- Council rates amount to $860 per quarter
Additional features include:
Located on the border of Forest Lake, approximately 150 meters from Forest Lake State School.
Within a short walking distance of approximately 500 meters to the Local Shopping Centre.
Conveniently close to Forest Lake Child Care Centre, approximately 400 meters away
Opposite a public park.
Easy access to Brisbane CBD, only 18 km away, with proximity to Richlands Railway Station, Logan Motorway, and Ipswich Motorway
A mere five-minute drive to Forest Lake Village Shopping Centre.
Close proximity to the lake with walking tracks and a playground.
A three-minute drive to Richlands Station, offering a 25-minute commute to the CBD.
Ellen Grove benefits from its strategic position at the junction of three main highways: Logan, Centenary, and Ipswich Motorways.
This property features an impressive street frontage of 64 meters facing Waterford Road. Its Emerging Community zoning, coupled with its location within the Ellen Grove development corridor and proximity to existing residential developments, further enhance its appeal. Easy access to the train station, Logan Motorway, public transportation, and various amenities adds to the property's convenience.
Enjoys the best of both worlds - a peaceful oasis and convenient accessibility.
Another option: The property next door is also up for sale, giving you the chance to secure two large lots together (525 & 533 Waterford Road). This would provide you with a total land area of 2.29 hectares (22,900 square meters).. For more information, please call Hugh at 0411044095.
Disclaimer:
While we have gathered information from reliable sources, we cannot guarantee its accuracy. We accept no liability for any errors or omissions, including but not limited to property land size, floor plans and size, building age and condition. Interested parties are advised to conduct their own inquiries and seek independent legal advice. Please note that property photos are for marketing purposes only.
Listing description written by Hugh Dao, GLO Real Estate — reproduced as published, not verified by Districts.