Acacia Ridge at a glance
7,765
People
$955,000
Median sale
$593/wk
Median rent
3.23%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
QLD › Acacia Ridge › Larbert St
$590,000
Last sold
22 July 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
599 m²
Land
94 m²
Building
Districts View
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
$590,000
22 July 2023 · derived via latest_sale
Local land rate: recorded House sales in Acacia Ridge (last 5 years) with land size have a median of $1,377/m² of land (n=83). Districts calculation from recorded sales — not a valuation.
Acacia Ridge at a glance
7,765
People
$955,000
Median sale
$593/wk
Median rent
3.23%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Vs Acacia Ridge
-38.2%
Median sale
Suburb $955,000
+2.00 pp
Gross yield
Suburb 3.23%
Suburb median $955,000 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 $593/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
Acacia Ridge at a glance
7,765
People
$955,000
Median sale
$593/wk
Median rent
3.23%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Daynes PropertyAttention all first home owners, you need to check this property out immediately! Oozing so much character with its gabled roof line and location makes it very easy on the eye! Also a fantastic investment for those looking to secure a solid house with a promising rental return. This home was built in 1968 for the current owner who has been there all that time. A very much loved family home in a great position backing onto Acacia Ridge State School. The construction is chamferboard to the top level and brick to the lower level. The property has 3 bedrooms all with built in robes, ceiling fans and a large lounge area which leads out to an under-covered balcony/deck to the side. Underneath the carpet features awesome hardwood timber floors which will be absolutely gorgeous once sanded and polished. The kitchen has been updated which is quite modern with a double bowled sink and a relatively new stove/oven with abundance of cupboard space.
At a glance
*3 bedrooms all with built in robes, ceiling fans with the master bedroom having an air-conditioner
*Large living room with ceiling fan and air conditioner
*Modern kitchen with an abundance of cupboard space
*Timber hardwood floors throughout
*Under-covered balcony to the side/rear
*Separate toilet to the bathroom
*Crimsafe to most windows and doors
*Insect screens throughout, security screens to front, back and sliding doors
*Lock up garage with remote controlled door with a freestanding carport
*Plenty of storage space underneath the house
*Water tank in yard
*Extensive solar panels for those lower power bills
*Lovely landscaped gardens
*The owner is currently erecting a brand new retaining wall and colourbond fence to the rear/side of the property which will be completed in the next few weeks
This property is ideal for those who are seeking the convenience of the area and access to all the major transport routes. The Elizabeth Street Shopping Centre which features an IGA and other speciality stores is a short stroll away and the Acacia Market Place is a short 5 minute drive away and includes Woolworths and Aldi, in addition to a great range of boutique shops. Convenient to the great primary schools the area has to offer including Acacia Ridge State School and St Fatimas Primary School, in addition to day cares and childcare options. Acacia Ridge is a rapidly developing area with investors and first home buyers recognizing the potential in this suburb only 14km from Brisbane CBD. The abundance of space this property offers provides the lucky future owners with plenty of options to enterprise on their investment or simply enjoy as a generous family home. Call Adrian today to arrange an inspection.
Listing description written by Adrian Daynes, Daynes Property — reproduced as published, not verified by Districts.