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QLD › Crestmead › Banyan St

6 Banyan St, Crestmead QLD 4132

House

$460,000

Last sold

22 Nov 2022

3

Bedrooms

1

Bathrooms

2

Car spaces

644 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $460,000 (22 Nov 2022).(Recorded sale)
  • FactLand 644 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Crestmead (last 5 years) with land size: median $1,000/m² of land (n=153). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$460,000

22 Nov 2022 · derived via latest_sale

Local land rate: recorded House sales in Crestmead (last 5 years) with land size have a median of $1,000/m² of land (n=153). Districts calculation from recorded sales — not a valuation.

Crestmead at a glance

12,841

People

$863,500

Median sale

$591/wk

Median rent

3.56%

Suburb gross yield

Median sale from 78 recorded sales (last 12 months) — a Districts calculation.

See the full Crestmead report →

Vs Crestmead

-46.7%

Median sale

Suburb $863,500

+3.12 pp

Gross yield

Suburb 3.56%

Suburb median $863,500 from 78 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$460,00022 Nov 2022
  2. Listedprice unknowncompleted18 Oct 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $591/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Crestmead in one glance

Crestmead at a glance

12,841

People

$863,500

Median sale

$591/wk

Median rent

3.56%

Suburb gross yield

Median sale from 78 recorded sales (last 12 months) — a Districts calculation.

See the full Crestmead report →

Keep researching

  • Why Crestmead? Read the area thesis →
  • What else is on the market in Crestmead →
  • Other records on Banyan St →

Listing material

Listed by Ray White Marsden AKG

SOLD BY CORY BOYD!

Neat and tidy, 6 Banyan Street offers a move in ready property for any buyers looking for an excellent crack into a tough market or for astute investors looking for a great return - the current rental appraisal on this property is $420 - $440 per week!

Lovingly set on a generous 644m2 block, this beautiful 3 bedroom home offers an array of features you'll love. Coming home, the porch opens into the generous living area, complete with ceiling fan and door to the alfresco perfect for indoor and outdoor entertainment. Adjoining is the dedicated dining space and kitchen with again another sliding door through to the rear yard. Down the private hallway to the right are the three wall-appointed bedrooms all with built-in storage and ceiling fans. The main bathroom has been updated with a modern look and offers a separate toilet for family convenience. Stepping outside and you'll love the location on this one, positioned on a corner block there is plenty of room for storage or side access. Packed with features you'll be feeling secure for yourself and the pets with full Colourbond fencing and sliding gate entry.

Property Highlights:

Read the full description

- Large open living and dining rooms

- Neat and tidy kitchen with sliding door access to the yard

- 3 well-appointed bedrooms all with built-in storage and ceiling fans

- Large covered outdoor entertainment area adjoining the internal living

- Modern family bathroom with separate toilet

- Dedicated laundry with internal and external access

- Double carport for secure parking

- Full Colourbond fencing including sliding gate entry

- 644m2 corner block

Conveniently located nearby anything you need including public transport, schools and shops - this perfect little home won't wait long! Don't delay - Call the Cory Boyd Team today!

Surrounded in gardens, parks and wide streets Crestmead is one of the most popular suburbs in Logan. With infrastructure growth already in place and continuing towards the 2032 Olympics this is certainly a great place to invest now. Forming "Key Pillars" in the Logan Enhancement Project, the Crestmead Industrial and Logistics Estate is just one of many projects throughout the suburb that are generating jobs, growth and opportunity unlike any other suburb within SEQ. Don't miss the opportunity to own your own home or investment in this prime location.

*Please note, this property is going to Auction and therefore we unfortunately cannot offer a price guide.

Listing description written by Cory Boyd, Ray White Marsden AKG — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.