Boronia Heights at a glance
8,992
People
$880,000
Median sale
$621/wk
Median rent
3.67%
Suburb gross yield
Median sale from 51 recorded sales (last 12 months) — a Districts calculation.
QLD › Boronia Heights › Wattle Grove
$620,000
Last sold
30 Jan 2022
5
Bedrooms
3
Bathrooms
2
Car spaces
450 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
$620,000
30 Jan 2022 · derived via latest_sale
Local land rate: recorded House sales in Boronia Heights (last 5 years) with land size have a median of $1,089/m² of land (n=139). Districts calculation from recorded sales — not a valuation.
Boronia Heights at a glance
8,992
People
$880,000
Median sale
$621/wk
Median rent
3.67%
Suburb gross yield
Median sale from 51 recorded sales (last 12 months) — a Districts calculation.
Vs Boronia Heights
-29.5%
Median sale
Suburb $880,000
+1.54 pp
Gross yield
Suburb 3.67%
Suburb median $880,000 from 51 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 $621/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
Boronia Heights at a glance
8,992
People
$880,000
Median sale
$621/wk
Median rent
3.67%
Suburb gross yield
Median sale from 51 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Marsden AKGBuilt in 2015, a five bedroom dual key property impressively appointed, compromising of two residences able to be rented independently provides a combined rental income of $685 per week, representing a return of almost 6%.
Duplex One:
Separate entry to the property via the side
2 Bedrooms with built-in robes
Open plan lounge and dining zone
Galley style kitchen with stone benches, glass cooktop and rangehood
Air-conditioned and ceiling fans
Centrally located main bathroom
European laundry
Covered patio area
Single automatic garage with internal access
Currently leased for $335 per week
Duplex Two:
Front door entry
3 Bedrooms
Master bedroom with ensuite & walk in wardrobe
Air-conditioned and ceiling fans
Open plan lounge and dining zone
Kitchen with stone benches, dishwasher, glass cooktop and rangehood
Main bathroom with a bath
European laundry
Single automatic garage with internal access
covered patio area
Currently leased for $350 per week
Occupying a 450m2 block, the property is nestled in a quiet cul-de-sac, situated on a private road there is a low annual body corporate levy for the upkeep of the road.
OUTGOINGS
Rates approx $4800 annually
Body corporate $1000 annually
This is the perfect set and forget investment opportunity, with no foreseeable maintenance required. Alternatively, the property offers a unique residence for extended families wanting to pool financial resources while maintaining their privacy. Or live on one side and rent the other the options are endless!
Location can not be matched with easy access to motorways, schools, shops, and public transport.
Want to find out where your property sits within this busy market? I can provide you with an update on your home or investment! Call Brooke on 0431 143 996!
Listing description written by Brooke Colledge, Ray White Marsden AKG — reproduced as published, not verified by Districts.