Wyreema at a glance
2,406
People
$802,750
Median sale
$581/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
$650,000
Last sold
30 Aug 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
944 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
$650,000
30 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Wyreema (last 5 years) with land size have a median of $530/m² of land (n=107). Districts calculation from recorded sales — not a valuation.
Wyreema at a glance
2,406
People
$802,750
Median sale
$581/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Wyreema
-19.0%
Median sale
Suburb $802,750
+0.89 pp
Gross yield
Suburb 3.76%
Suburb median $802,750 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 $581/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
Wyreema at a glance
2,406
People
$802,750
Median sale
$581/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by BRIQ PropertyWith fewer than TEN houses available for purchase in this suburb right now, Buyers looking to secure a family home on just under a quarter acre block in the expanding community of Wyreema will need to move quickly to avoid disappointment.
Built in 2006, this solid family home has enjoyed just TWO owners, who have each lovingly cared for the property over the past 18 years. Internally, the house presents in wonderful condition with absolute no work to do. Externally, there's a wonderful story to be told by the mature, established gardens which have grown with each family who have called this place home.
With drive through access available through the garage - and side access offered along the same western boundary - there's provision for further shedding options should the buyer wish to do so, but there's immediate benefit of a large 6m x 3m (approx) garden shed which offers twice as much space as a traditional garden shed (3x3m).
THE PROPERTY:
[:] Functional floor plan which offers excellent living space options - both indoor and out
[:] Master bedroom has the ensuite and a large built in robe
[:] 3 remaining bedrooms with ceiling fans and built-in robes
[:] Generous kitchen with dishwasher, excellent cupboard and bench space and a gorgeous northern outlook onto established gardens
[:] 2 separate living spaces, with the main offering a reverse cycle air conditioner for year round comfort
[:] Tiled and fully covered north facing entertainment area with additional drop down roller blinds to give all weather use
[:] Rain water tank and pressure pump provide excellent irrigation options to the beautifully established back yard and gardens
[:] 6 x 3m garden shed with double doors - easily accommodating larger garden machinery such as ride on mowers, scarifiers and the like
FOR THE INVESTOR:
[:] Rent appraised at $575 - $595 per week
[:] Council rates of $926.76 nett half yearly
[:] Water rates - access charge - $335.75 nett half yearly (plus consumption)
[:] Management fees of approx. $2,844.27 per annum (based on weekly rent of $585)
[:] Next eligible for rent increase on 3rd October 2024 (NOTE: recent changes to QLD legislation restricts rent increases to once every 12 months. Increases are tied to the property and not the tenancy).
[:] This property is already smoke alarm compliant.
SUBURB & REGION PERFORMANCE:
[:] Wyreema has recorded 5 year price change of +66.3% for houses (an 8.2% change for the median house price in the past 12 months) source: RP DATA - current as at August 2024.
[:] The Toowoomba region has consistently recorded one of the lowest vacancy rates in Queensland - currently sitting at 0.5%. The last time the vacancy rate was over 1% was in May 2020.
[:] $1.3b new State Hospital now underway due for completion in 2027.
[:] $1.1b in infrastructure projects announced in the 2023-24 budget inc. the initial $13.4m of the $273.1m Toowoomba to Warwick water pipeline project.
Briq Property is proud to present to the market 6 Newman Road, Wyreema to the market. To arrange an inspection of this home, please join us at the open house or call Luke on 0413 400 567.
Disclaimer: While every effort has been made to ensure the accuracy of this write-up, Briq Property does not warrant its correctness and is not responsible for any errors or omissions.
Listing description written by Luke Munro, BRIQ Property — reproduced as published, not verified by Districts.
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