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 › Banyan St
$609,000
Last sold
16 May 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
375 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
$609,000
16 May 2023 · derived via latest_sale
Local land rate: recorded House sales in Ellen Grove (last 5 years) with land size have a median of $901/m² of land (n=42). Districts calculation from recorded sales — not a valuation.
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.
Vs Ellen Grove
-37.5%
Median sale
Suburb $975,000
+2.04 pp
Gross yield
Suburb 3.39%
Suburb median $975,000 from 8 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 $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.
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 Q RealtyLocated in a beautiful near new estate this home offers:
Master bedroom with en-suite, walk in robe and a split system aircon
Bedroom 2, 3 and 4 with built-in-robes
2 Bathrooms (en-suite and main bathroom)
2 Toilets
Kitchen with electrical appliances
Open plan lounge
Meals and Dining area that's connected to the lounge and kitchen
Separate Laundry with external access to clothesline
Patio for entertaining area
2-Car Electric Garage with Internal Access
Home is finished off with:
+ Air Conditioning
+ Ceiling Fans in all bedrooms and lounge room
+ Security screens to doors and windows
+ Perimeter fencing
INVESTOR'S CORNER
Land 375m2
House built 2019 south facing
Brisbane Council rates $430 per quarter
Leased at $550 per week until 22/09/2023
Need 48 hours for inspection during Mon - Friday only (no weekend inspection as requested by tenants)
SCHOOL CATCHMENT ZONES for Forest Lake State High School and Forest Lake State School. Additional schools in the area include Carole Park State School, Grand Avenue State School, St John's Anglican College and Inala Flexible Learning.
PUBLIC TRANSPORT
- Nearest bus station is at Woogaroo St at Lochwood Ave, with routes 100, 118 and N100.
- Another bus stop available also at Forest Lake Bvd at Forest Lake, stop C, with route 460 and N100 that can take you to Richlands Plaza
- Nearest Train Station is Richlands station (1.9km)
SHOPS & SERVICES
- Near Saigon Plaza, West Grand Plaza and Forest Lake Shopping Centre!
- IGA XPress and FoodWorks are only 1.5kms away!
- Woolworths, ALDI, food chains, local coffee shops and restaurants are within 2kms away!
Inspections are available with 24 hours notice by booked appointments.
From all of us at Q Realty we wish you every success in your search for your home. If you would like more detail on this home or to discuss one of the many other properties we have available please call or email us today.
Disclaimer:
All information contained herein is gathered from sources we consider to be reliable. However we can not guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
Listing description written by Quy Early, Q Realty — reproduced as published, not verified by Districts.