Andergrove at a glance
10,547
People
$703,000
Median sale
$617/wk
Median rent
4.56%
Suburb gross yield
Median sale from 104 recorded sales (last 12 months) — a Districts calculation.
QLD › Andergrove › Banksia Ave
$840,000
Last sold
18 Mar 2026
3
Bedrooms
1
Bathrooms
6
Car spaces
746 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
$840,000
18 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Andergrove (last 5 years) with land size have a median of $934/m² of land (n=148). Districts calculation from recorded sales — not a valuation.
Andergrove at a glance
10,547
People
$703,000
Median sale
$617/wk
Median rent
4.56%
Suburb gross yield
Median sale from 104 recorded sales (last 12 months) — a Districts calculation.
Vs Andergrove
+19.5%
Median sale
Suburb $703,000
-0.74 pp
Gross yield
Suburb 4.56%
Suburb median $703,000 from 104 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 $617/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
Andergrove at a glance
10,547
People
$703,000
Median sale
$617/wk
Median rent
4.56%
Suburb gross yield
Median sale from 104 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Pinpoint PropertyWelcome to a beautifully renovated highset home in Andergrove that perfectly blends modern finishes with functional family living. From the resort-style backyard to the impressive powered shed, this home has been thoughtfully designed for lifestyle, comfort and versatility.
Why we love 55 Banksia...
Upstairs, vinyl planking flows seamlessly throughout, creating a fresh and contemporary feel. A welcoming foyer at the front entrance opens into the expansive open-plan living and dining area, where feature wall panelling adds warmth and character while maintaining a modern aesthetic. The home offers three generous bedrooms, all complete with built-in robes and air conditioning for year-round comfort. The main bathroom is well-appointed with a separate toilet for added convenience, and blinds are fitted throughout the home for privacy and style.
Downstairs is where this property truly shines in versatility. A large air-conditioned living space with durable vinyl planking provides the perfect second lounge, rumpus or teenage retreat. There’s also an additional room at the front of the home with two built in storage cupboards and external access, ideal for a home business, gym or private office. And the laundry… simply dreamy. Designed with exceptional storage and practicality in mind, it’s a space that makes everyday living effortless.
Step outside and you’ll find an entertainer’s paradise. The expansive covered entertaining area with shutters overlooks a beautifully maintained backyard that delivers a true resort-style feel, private, lush and perfect for hosting family and friends.
For those needing serious shed space, this property delivers in a big way. The impressive 8m x 12m powered shed with a 3m awning is complete with lighting, fans and a 15amp power point, ideal for boat or caravan storage, hobbies, or the ultimate workshop setup. There’s also a garden shed for additional storage of tools and equipment.
Additional features include:
- Double carport at the front of the home
- Side access to both sides, one side has been concreted and perfect for additional storage while the other side access provides drive-through access to the shed
- Fully fenced yard
- 5kW solar system to help reduce energy costs
This is a home that offers the complete package, modern renovations, multiple living zones, incredible shedding and a backyard that feels like your own private retreat.
Disclaimer: All information has been obtained from the seller. The agent/s cannot verify its accuracy and do not give any warranty as to errors or omissions, if any, in these particulars. Prospective purchasers should satisfy themselves by inspection and making their own inquiries or otherwise as to the accuracy of the particulars. Location shots and use of furniture (real or virtual) are for visual display purposes only and not included in sale. Grass has been enhanced for visual appeal. We are not financial advisors or deem to provide financial advice and urge all prospective purchasers to make their own inquiry into funding available.
Listing description written by Renee Lavender, Pinpoint Property — reproduced as published, not verified by Districts.