Redland Bay at a glance
19,544
People
$1,195,900
Median sale
$768/wk
Median rent
3.34%
Suburb gross yield
Median sale from 150 recorded sales (last 12 months) — a Districts calculation.
QLD › Redland Bay › Mervyn Cres
$566,500
Last sold
8 Oct 2020
5
Bedrooms
2
Bathrooms
2
Car spaces
622 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
$566,500
8 Oct 2020 · derived via latest_sale
Local land rate: recorded House sales in Redland Bay (last 5 years) with land size have a median of $1,908/m² of land (n=137). Districts calculation from recorded sales — not a valuation.
Redland Bay at a glance
19,544
People
$1,195,900
Median sale
$768/wk
Median rent
3.34%
Suburb gross yield
Median sale from 150 recorded sales (last 12 months) — a Districts calculation.
Vs Redland Bay
-52.6%
Median sale
Suburb $1,195,900
+3.71 pp
Gross yield
Suburb 3.34%
Suburb median $1,195,900 from 150 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 $768/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
Redland Bay at a glance
19,544
People
$1,195,900
Median sale
$768/wk
Median rent
3.34%
Suburb gross yield
Median sale from 150 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Stone Real Estate LoganSuperbly Renovated Family Masterpiece In Redland Bay
Your new home has been meticulously renovated for complete enjoyment and ease of living for the whole family, both inside and out. There is an abundance of space, more than enough for family fun or ideal for you to get away for some peace and quiet.
The large open planned tiled family and dining area flow effortlessly through double stacker doors to a large alfresco dining area which brings outside living in. The second living area is carpeted and provides separation from the kids.
The master suite is well positioned away from the other bedrooms offering privacy and is air conditioned with a large walk in robe plus ensuite. The other 4 bedrooms all include built in robes, ceiling fans and have easy access to the well appointed 2ND bathroom.
The modern kitchen is practical in design and offers plenty of bench and cupboard space including an island bench. Complete with 4 burner gas cook top, brand new dishwasher, oven, range hood and 2 door pantry. Being the focal point of the house it provides easy access to the open planned air conditioned living area and alfresco area.
Outside is a fully fenced yard providing a safe and secure area for the kids or pets to play. There is enough space for a pool if required. The 5,000 litre water tank is plumbed in, gas hot water , security screens to all doors and windows, internal laundry with built in cabinets, 2 door linen robe, DLUG with 2x storage nooks plus more.
Perfectly situated on a quiet leafy street to capture summer bay breezes you will welcome the lifestyle of incredible convenience and a truly stress free, low maintenance living experience. Enjoy the close proximity to parks, shops, school, day care facilities, transport, cafes, restaurants, fabulous waterfront walkways, the iconic Redland Bay Hotel and all that Bay-side living has on offer.
All the hard work has already been done allowing you to move straight in and enjoy!!
• 5 Bed - walk in robe, air conditioner & ensuite to master
• All other beds have built in robes and fans
• 2 Living areas
• 2 bathrooms
• DLUG
• Fully fenced
• Beautifully renovated
• walk to parks, school, shops, daycare
Call Jason Savage to book your private inspection now.
Listing description written by Jason Savage, Stone Real Estate Logan — reproduced as published, not verified by Districts.