Waterford at a glance
5,837
People
$922,500
Median sale
$584/wk
Median rent
3.29%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
QLD › Waterford › Gardiner Rd
$8,000,000
Last sold
20 Mar 2026
6
Bedrooms
2
Bathrooms
4
Car spaces
40,063.879 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
$8,000,000
20 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Waterford (last 5 years) with land size have a median of $1,687/m² of land (n=117). Districts calculation from recorded sales — not a valuation.
Waterford at a glance
5,837
People
$922,500
Median sale
$584/wk
Median rent
3.29%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Vs Waterford
+767.2%
Median sale
Suburb $922,500
-2.91 pp
Gross yield
Suburb 3.29%
Suburb median $922,500 from 48 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 $584/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
Waterford at a glance
5,837
People
$922,500
Median sale
$584/wk
Median rent
3.29%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White RochedaleSunny Singh & Syed Ali are proud to present 'The Castle Rumble' , an exceptional large-scale residential development opportunity within Waterford's tightly held growth corridor.
(Note: For inspections, the property is accessible via Gardiner Road, just before Ridgevale Boulevard)
Located at 54 Gardiner Road, Waterford, this substantial 9.9-acre (40,150m²) landholding is zoned Low Density Residential - Small Lot Precinct and is strategically positioned among established and emerging residential estates. Opportunities of this scale and zoning profile are increasingly rare in Waterford, making this offering highly attractive to developers, land bankers, and strategic investors. Surrounded by active development, growing infrastructure investment, and ongoing demand for small-lot housing, the site represents a compelling opportunity to capitalise on Waterford's accelerating residential growth trajectory.
Auction Details:
Auction ONSITE
SATURDAY, 28th March 2026
Registration Starts at 09:00 AM
Auction Starts at 10:00 AM
Bidder Registration Link: https://widget.auctionslive.com/widget/auctions/view/282522/WOE
Offer Form: https://form.jotform.com/230400470671445
The property benefits from an existing Development Approval for three (3) acreage lots, with significant upside (STCA) to reconfigure under current planning controls into small-lot subdivision (300m2)
Existing DA - Approved Lots:
• Lot 1: 12,255m²
• Lot 2: 13,980m²
• Lot 3: 13,915m²
Key Development Highlights:
• Total land area: 40,150m² (approx. 9.9 acres)
• Zoning: LDR - Small Lot Precinct
• Existing DA: Approved for 1 into 3 lots
• Future potential: Reconfiguration into 100+ residential lots (STCA)
• Indicative lot size: Approx. 300m² per lot
• No Flood Zone Area
• Stormwater, servicing and planning documentation already prepared and available via council, streamlining feasibility and due diligence
• One of the last remaining large land parcels in Waterford, offering substantial future upside
• Multiple access points and extensive street frontage, providing flexibility for efficient subdivision design
• Located within a high-growth residential catchment, supporting strong end-user and investor demand
• Close proximity to schools, shopping centres, parks, and transport links
The House:
• Four-storey castle with a rooftop hatch, ornate timber carvings, and a drop-down timber chandelier
• Tudor-style dining and living room with a dry bar, perfect for entertaining
• Two-storey artist studio/cottage/guest accommodation, offering versatile living or creative space
• Sweeping cottage gardens that add to the estate's enchanting atmosphere
• Two commercial sheds, ideal for storage or business use
• Garaging, providing ample parking space
Whether you choose Develop, landbank or make it your private sanctuary, Castle Rumble presents an unparalleled opportunity to own a true masterpiece and live like royalty or develop.
For further details or to arrange a viewing, please feel free to contact:
Sunny Singh - 0449 048 492
Syed Ali - 0416 498 295
Disclaimer:
Due to QLD legislation, a price guide for auction properties cannot be provided. The website may filter this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide. All parties are encouraged to conduct their own inspections and due diligence.
All information contained herein is gathered from sources we consider to be reliable. However we can not guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries..
Please be advised that some images included in our marketing materials feature virtual staging techniques designed to illustrate the property's potential appearance; these digitally altered images do not represent its current condition..
Listing description written by Sunny Singh, Ray White Rochedale — reproduced as published, not verified by Districts.