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
0
Bedrooms
0
Bathrooms
0
Car spaces
12,140.569 m²
Land
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
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.
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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 Ray White RochedaleRare opportunity, in the well-established and most sought suburb of Ellen Grove, next to Forest Lake with a beautiful environment and all amenities close-by, this is a great GOLDEN potential of subdivision for developers.
It is zoned Emerging Community and located in the development corridor of Ellen Grove with DA approved for 9 lots. And you could still change or amend the DA to suit your circumstance - STCA.
Representing an exciting opportunity for the investor, developer or owner occupier to acquire this unique land offering, 549 Waterford Road is situated in one of South-West Brisbane rapidly expanding regions, 25 km to City CBD. The property is in immediate proximity to Forest Lakes retail and commercial core, public transport and recreational amenities.
Features include:
- Brisbane City Council
- Zoned Emerging Community
- Level Land: 1.12Ha (11200m2, approximate 181m x 62m frontage)
- Freehold Titles
- Numerous Development Options
- South-West Brisbane Priority Growth Precinct
Other features include:
- Located on the border line of Forest Lake, approximately 150m to Forest Lake State School
- Approximately 500m walking distance to Local Shopping Centre
- Approximately 400m walking distance to Forest Lake Child Care Centre
- Opposite to the public park
- Only 18km from Brisbane CBD it is easy access to Richlands Railway Station, Logan Motorway and Ipswich Motorway.
- 5 mins drive to the Forest Lake Village Shopping Centre
- Short distance to the beautiful lake with walking tracks and playground
- 3min drive to Richlands station and 25min ride to the City CBD
- Ellen Grove is in a strategic position at the junction of 3 main highways
(Logan, Centenary & Ipswich Motorways)
This property has a big street frontage, 62 metres facing Waterford Road. It is zoned Emerging Community and located in the development corridor of Ellen Grove with some residential development already commenced next door and along the street. Easy access to train and Logan motorway, and public transport and many more.
It is a suburb with many educational institutes in the area, eg. local primary and high schools such as Grand Avenue State School, Forest Lake State School, Forest Lake High School, St John's Anglican College. Only minutes drive from Forest Lake shopping centre, Inala shopping centre and further away is Mt Ommaney Shopping Centre & Fitness Centre.
This is a great opportunity for land banking or development. With new house's and subdivided land sites selling in the area fast, don't miss out on this opportunity. Call Tina Guo on 0410 881 288 now to secure for your investment portfolio!
Disclaimer:
All information contained herein is gathered from sources we consider to be reliable however we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
Listing description written by Ray White Rochedale, Ray White Rochedale — reproduced as published, not verified by Districts.