Hillcrest at a glance
7,451
People
$929,000
Median sale
$614/wk
Median rent
3.44%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
$500,000
Last sold
10 Jan 2022
3
Bedrooms
2
Bathrooms
0
Car spaces
625 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
$500,000
10 Jan 2022 · derived via latest_sale
Local land rate: recorded House sales in Hillcrest (last 5 years) with land size have a median of $1,252/m² of land (n=95). Districts calculation from recorded sales — not a valuation.
Hillcrest at a glance
7,451
People
$929,000
Median sale
$614/wk
Median rent
3.44%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Vs Hillcrest
-46.2%
Median sale
Suburb $929,000
+2.95 pp
Gross yield
Suburb 3.44%
Suburb median $929,000 from 38 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 $614/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Hillcrest at a glance
7,451
People
$929,000
Median sale
$614/wk
Median rent
3.44%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Marsden AKGA four-bedroom brick and tile in Hillcrest - better be fast to this one! Set on a quiet, family cul-de-sac with a big 625m2 of land - this one ticks all the boxes!
Positioned with a great aspect, number 6 Paroo Place is calling for new owners. Pulling down the street you'll love the family feel of this quiet and inviting cul-de-sac. Positioned only moments from all your conveniences, this is the ideal location. Moving through the home, you enter into the main living room. With an abundance of light and space this certainly matches the rest of the home. To the left of the home is the kitchen and dining room. With entry through to the massive covered outdoor patio, the entertainers will delight in the prospects on offer. The master bedroom offers walk-in robe and en-suite, while the household is also serviced by the family bathroom with separate toilet. The remaining 3 bedrooms are all well appointed with 2 having built-in storage. Positioned in a prime location with the options available to blocks of this size, there's certainly value to add.
Property Highlights:
- Well appointed bedrooms, 3 with built in storage
- Master bedroom with walk-in robe and en-suite
- Large living space with air-con and ceiling fan for year-round comfort
- Spacious and updated kitchen with ample storage and modern appliances
- Massive outdoor entertainment area
- Family bathroom with separate toilet
- Dedicated laundry with internal and external access
- Block size allows granny flat addition (STCA)
- Set on a 652m2 block in quiet cul-de-sac
Offering a large 4 bedroom home in the perfect location, 6 Paroo Place is certainly going to be a popular one. Don't delay - Call the Cory Boyd Team today!
Listing description written by Cory Boyd, Ray White Marsden AKG — reproduced as published, not verified by Districts.