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QLD › Wongawallan › Gladrose Cres

60 Gladrose Cres, Wongawallan QLD 4210

For saleHouse

$2,275,000

For sale

Asking

$960,000

Last sold

16 Dec 2019

4

Bedrooms

2

Bathrooms

4

Car spaces

11,200 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,275,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,275,000(Listing record · 30 Mar 2026)
  • FactLand 11,200 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Wongawallan (last 5 years) with land size: median $154/m² of land (n=23). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 35% above the Wongawallan median recorded sale ($1,685,000, n=12, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Wongawallan's advertised median rent ($874/wk), implied gross yield would be 2.00% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$2,275,000

Asking · $203/m² of land

Last recorded sale $960,000 (16 Dec 2019).

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Local land rate: recorded House sales in Wongawallan (last 5 years) with land size have a median of $154/m² of land (n=23). Districts calculation from recorded sales — not a valuation.

Wongawallan at a glance

1,541

People

$1,685,000

Median sale

$874/wk

Median rent

2.70%

Suburb gross yield

Median sale from 12 recorded sales (last 12 months) — a Districts calculation.

See the full Wongawallan report →

Vs Wongawallan

+35.0%

Median sale

Suburb $1,685,000

-0.70 pp

Gross yield

Suburb 2.70%

Suburb median $1,685,000 from 12 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$2,275,000
Stamp Duty (Queensland)
$111,338
Transfer/Registration Fee
$10,026
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$2,400,064

$125,064 on top of the price (5.5% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Wongawallan's advertised median rent — not a rent for this listing.

Net yield
0.50%
Annual cashflow (pre-tax)
$-106,977
Interest cover (DSCR)
0.10
Annual rent
$45,448
Operating expenses
$34,125
Loan amount
$1,820,000
Annual interest
$118,300
Gross yield
2.00%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

201520202026$660k$960k$2.27m
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$2,275,000available30 Mar 2026
  2. Sold$960,00016 Dec 2019
  3. Listedprice unknowncompleted3 Sept 2019
  4. Listedprice unknowncompleted1 Oct 2015
  5. Sold$660,00029 Aug 2015

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $874/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Wongawallan in one glance

Wongawallan at a glance

1,541

People

$1,685,000

Median sale

$874/wk

Median rent

2.70%

Suburb gross yield

Median sale from 12 recorded sales (last 12 months) — a Districts calculation.

See the full Wongawallan report →

Keep researching

  • Why Wongawallan? Read the area thesis →
  • What else is on the market in Wongawallan →
  • Other records on Gladrose Cres →

Listing material

Listed by LJ Hooker Solutions Gold Coast

Immaculately Maintained Lifestyle Property with Direct Reserve Access & Pool

Set on approximately 2.7 acres of fully usable land, this immaculately maintained lifestyle acreage property offers space, privacy, and direct access to Gladrose Reserve, complete with horse trails and a running creek. Perfectly suited for families, horse enthusiasts, or anyone seeking turnkey acreage living, the property combines elegant family living, superb entertaining, and thoughtfully designed infrastructure.

From the moment you enter, it's clear this home has been cared for with precision and pride. The heart of the residence is a spacious open-plan kitchen, dining, and living area, anchored by an oversized island bench and complemented by 9-foot ceilings throughout. A separate lounge/media room adds flexibility, while natural light and high-quality finishes create a warm, inviting atmosphere. Outdoors, a large covered entertaining area overlooks the solar-heated inground pool, providing a stunning setting for summer gatherings or quiet weekends.

The master suite is a private retreat, complete with large ensuite, split system air conditioning, and direct outdoor access. In addition, a second bedroom features its own ensuite and split system air conditioning, providing extra privacy for guests or older children. Two further double bedrooms include built-in wardrobes, one with a split system, serviced by a well-appointed main bathroom. Five new split system air conditioners ensure every corner of the home stays comfortable, with one perfectly positioned in the heart of the residence, new ceiling fans, new carpet throughout, and a fireplace in the main living area.

Read the full description

Fully fenced and ideal for horses, livestock, or family pets, the property includes a powered 9.8m x 7.8m shed with attached stable, multiple carports, and exceptional energy and water infrastructure. Highlights include a 36-panel solar system, solar hot water, UV water filtration, a 35,000L in-ground water tank, instant hot water boiler in the kitchen, quality bore with taps to the house and paddocks, a 6.5kW diesel generator with battery supported by solar panels, and 3-phase power.

Residence Features

� Four bedrooms, three bathrooms, including two bedrooms with ensuites

� Open-plan kitchen, dining, and living with oversized island bench

� Separate living/media room

� Master suite with ensuite, split system air conditioning, and outdoor access

� Second bedroom with ensuite and split system air conditioning

� Two additional double bedrooms with built-in wardrobes, one with split system

� Five new split system air conditioners, new ceiling fans, and new carpet throughout

� Fireplace in main living area

� Oversized double lock-up garage, freshly painted with internal access

Property & Lifestyle Features

� Approx. 2.7 acres of fully usable land

� Direct access to Gladrose Reserve with horse trails and running creek

� Stable facilities ideal for horse enthusiasts

� Covered outdoor entertaining area overlooking solar-heated pool

� Fully fenced grounds suitable for children, pets, or livestock

� Security gated entrance

� Powered 9.8m x 7.8m shed insulated with attached stable area

� Carports for horse floats, trailers, or extra vehicles

Energy & Water

� 36-panel solar system (13.5kW) with 10kW inverter

� Solar hot water and solar whirlybirds

� UV water filtration system

� 35,000L in-ground water tank

� Instant hot water boiler in kitchen

� Quality bore with taps to house and paddocks

� 6.5kW diesel generator, battery supported by solar panels

� 3-phase power

Surrounded by natural beauty and offering direct access to riding trails and reserve land, this is a rare opportunity to secure a premium acreage lifestyle in a tightly held location. Properties of this calibre seldom come to market, combining luxury living, equestrian facilities, and completely usable land.

The lifestyle that comes with living in Wongawallan is just as enchanting as the property itself. Situated in a tight-knit street and community, residents enjoy the perfect balance of tranquil surroundings while remaining just minutes from schools, shopping, and essential amenities. Weekends can be spent exploring the natural beauty of Tamborine Mountain or taking a short 30-minute drive to the Gold Coast's stunning beaches, all while enjoying the simple pleasures of peaceful Gold Coast hinterland living. Families are drawn to the strong sense of community, safety, and connection the area provides, while those seeking serenity and a slower pace of life will feel immediately at home. With its combination of natural beauty, thoughtful design, and practical yet luxurious living spaces, this is a rare opportunity you don't want to miss.

DISCLAIMER: While every effort has been made to ensure the accuracy of the information contained in this advertisement, we make no representations or warranties as to its accuracy or completeness. All information is provided in good faith and is believed to be reliable at the time of publication; however, prospective purchasers should make their own independent enquiries and rely on their own investigations to verify all information before making any purchasing decisions.

Listing description written by Rachel Ryan, LJ Hooker Solutions Gold Coast — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.