Meringandan West at a glance
3,256
People
$890,000
Median sale
$661/wk
Median rent
3.86%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
QLD › Meringandan West › Valley View Dr
$455,000
Last sold
23 May 2023
3
Bedrooms
1
Bathrooms
0
Car spaces
6,349 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
$455,000
23 May 2023 · derived via latest_sale
Local land rate: recorded House sales in Meringandan West (last 5 years) with land size have a median of $304/m² of land (n=87). Districts calculation from recorded sales — not a valuation.
Meringandan West at a glance
3,256
People
$890,000
Median sale
$661/wk
Median rent
3.86%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Vs Meringandan West
-48.9%
Median sale
Suburb $890,000
+3.69 pp
Gross yield
Suburb 3.86%
Suburb median $890,000 from 39 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 $661/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
Meringandan West at a glance
3,256
People
$890,000
Median sale
$661/wk
Median rent
3.86%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Jess Jones Real EstateIf the overwhelming urge to fix up an old cottage has you in a chokehold, this completely rustic “fixer-upper” overlooking the most beautiful undulating valley vistas, including a little dam, on 1.5 acres is THE ONE!
To make it clear, this cottage needs a lot of work, so it's not for the faint-hearted or those who would be buying at the very top of their budget, you're going to need funds for immediate improvements.
But, with so many endearing character features, such as ceiling rose, decorative cornices, French doors, leadlight kitchen cabinets, for true cottagecore lovers it is simply divine. And, at this price, even with extensive renovation, you are not overcapitalising.
Alternatively, you could always build on the flat pad behind the home and live in the cottage during the project, then turn it into an AirBnB or Retreat, seriously there's so much you can create on this beautiful property.
Why you'll LOVE it:
• VIEWS!!
• Sitting Room for Enjoying the View
• Quiet Street
• Excellent Neighbours
• Flat Pad behind home for another dwelling
• 3 x Great sized bedrooms
• Two with Cool Built-in Robes
• Living Area with Panelling and
• Beautiful Ceiling Rose
• Morning Sunlit Kitchen
• Lead light Kitchen Cabinet
• Separate Dining Room with
• Double Doors to Living
• High Ceilings
• Timber Floors (I believe throughout)
• Steel Stumps
• Bathroom with Shower over Bath
• Electric Hot Water System
• Large Rainwater tank (needs new pump)
• Fully Fenced
• Cladded for lower maintenance
• Highfields 7 mins + Toowoomba 25mins
• Stone's throw to Primary School
Some things that may need your attention straight away:
• No Stove
• Pump on the Tank
• Greywater/Septic serviced
• Taps in Bathroom
• Air conditioner not working
• Screens
Enjoy laid-back living in beautiful rural surrounds, keep sheep or goats, grow your own produce and only being a short distance to Schools, Meringandan Pub, Rosalie House Vineyard and Highfields you are going to love everything about this home, get to the Open Home, let's make your dream a reality!
Listing description written by Amy Makim, Jess Jones Real Estate — reproduced as published, not verified by Districts.