Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
$980,000
Last sold
22 May 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
607 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
$980,000
22 May 2023 · derived via latest_sale
Local land rate: recorded House sales in Westlake (last 5 years) with land size have a median of $1,750/m² of land (n=137). Districts calculation from recorded sales — not a valuation.
Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Westlake
-40.6%
Median sale
Suburb $1,650,444
+1.65 pp
Gross yield
Suburb 2.41%
Suburb median $1,650,444 from 16 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 $766/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
Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Crowne Real EstateNestled in a highly coveted elevated pocket of Westlake, this flood-free family home situated on 607sqm is the perfect blend of functionality, style and entertainment.
This stunning property offers an excellent sense of space, privacy and endless entertainment possibilities, allowing you to create lasting memories with your loved ones.
At the hub of the upstairs open plan living area is the kitchen which comes complete with electric appliances, double sink, dishwasher, stone benchtops and great storage options. The bright and airy lounge and dining room have low maintenance timber polished floors which flow seamlessly onto the front patio making it the ideal spot to enjoy your morning cup of tea or coffee in the great outdoors.
The four carpeted bedrooms are spacious and well-appointed with built-in robes, ceiling fans and reverse cycle air-conditioning providing a peaceful and private retreat for each member of the family. The master bedroom offers privacy with an ensuite, built-in robes and a private balcony capturing breezes and showcasing views to the mountains.
The family bathroom consists of a separate shower and bathtub configuration making it perfect for the young family or simply for those who enjoy a relaxing bath. A separate toilet and hall vanity also services the family or guests on the upper level.
Internal stairs provide great separation of living in this two-storey family home. A sizeable rumpus room is located on the lower level which opens seamlessly via bi-fold doors onto the outdoor entertainment area. The huge wall-mounted TV with an integrated surround sound system can be viewed from both the rumpus room and the entertainment area which means you and your guests can enjoy the game on the big screen while relaxing inside or outside.
Stylish black cabinetry with marble benchtops and splashback, wine rack, display lighting, dishwasher and sink makes entertaining a breeze – there's even a powder room for your guests conveniently located downstairs.
The backyard is a fully fenced oasis that is perfect for children to play and explore in the safety of their own home. The sparkling in-ground pool is striking in its design with timber decking surrounds and welcoming ambient lighting and will certainly see plenty of use during those warmer summer months.
Location:
* Close proximity to river parklands, bike/walking tracks, dog parks, various public transport facilities, cafes, restaurants, bars & shops
* Short Drive to nearby Mt Ommaney Shopping Centre, Middle Park Shopping Centre and Jindalee DFO
* Approximately 2.5km from McLeod Country Golf Club
* Approximately 19km from Brisbane CBD
Education:
* 1.4km Middle Park State School (approx.)
* 2.2km to Jamboree Heights State School (approx.)
* 5.8km to Centenary State High School (approx.)
* Bus services available to private schools including Ipswich Grammar School
Located on a quiet street in a friendly neighbourhood, this truly is a beautiful part of the world to call home and raise a family. Your next chapter starts here… Call Del today!
DISCLAIMER: Crowne Real Estate has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Listing description written by Del Marschke, Crowne Real Estate — reproduced as published, not verified by Districts.