Meringandan West at a glance
3,256
People
$890,000
Median sale
$661/wk
Median rent
3.86%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
QLD › Meringandan West › Goombungee Meringandan Rd
$310,000
Last sold
30 Sept 2024
0
Bedrooms
0
Bathrooms
0
Car spaces
4,127 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
$310,000
30 Sept 2024
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded Land sales in Meringandan West (last 5 years) with land size have a median of $102/m² of land (n=8). Districts calculation from recorded sales — not a valuation.
Meringandan West at a glance
3,256
People
$890,000
Median sale
$661/wk
Median rent
3.86%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Vs Meringandan West
-62.9%
Median sale
Suburb $890,000
+6.56 pp
Gross yield
Suburb 3.86%
Suburb median $890,000 from 39 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 $661/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
Meringandan West at a glance
3,256
People
$890,000
Median sale
$661/wk
Median rent
3.86%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by All About Real Estate Crows Nest | WithcottLocated in a highly desirable area, this 1-acre flat block provides the perfect canvas for bringing your vision to life. With no encumbrances or restrictions, you have the freedom to design and construct a residence that suits your personal preferences and needs. The flat topography of the land ensures a straightforward building process, saving you time and effort.
This property is an exceptional find, boasting ample space to accommodate not only your dream home but also potential outdoor amenities such as a beautiful garden, swimming pool, or even a tennis court. The absence of caveats guarantees that you can fully maximize the potential of the land without any limitations.
Power and water available, will require a septic system to be installed.
Call Kev today 0408 108 785
{The government announced on 20th Nov 2023 some huge changes to the First Home Owner Grant. It was announced that they will be doubling the First Home Owner Grant to $30,000 from 20st Nov 2023 until 30 June 2025!!
You must be buying or building a new (not previously lived in) home valued at less than $750,000. It could be a new home, unit, townhouse or granny flat, or a home in a manufactured home park.
You must be 18 years or older and it must be your first residential property owned in Australia. This doubled First Home Owner Grant will apply to eligible transactions between 20 November 2023 and 30 June 2025. First home owners are expected to be able to apply for the increased grant from the first week of January 2024.}
www.allaboutre.com.au
'Where a handshake still matters'
* Please note our photos are not enhanced.
* All care is taken when accessing information and sharing it however it is in the buyers best interest to make their own enquiries and obtain legal advise.
* Water $314.59 approx
* Rates per half year $607 approx
Listing description written by Kev Perry, All About Real Estate Crows Nest | Withcott — reproduced as published, not verified by Districts.