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 › Phipps Dr
$665,100
Last sold
1 Sept 2022
4
Bedrooms
2
Bathrooms
5
Car spaces
2,000 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
$665,100
1 Sept 2022 · 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
-25.3%
Median sale
Suburb $890,000
+1.31 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.
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 York RealtySituated in a very desirable location only 11 mins to Highfields Plaza, & 20 mins to Toowoomba; is this low-set brick home built in 2005. The house can be used as a 5brm & features 3 internal living areas as well as a very large covered outdoor area.
If you have a large family or want extra spaces to entertain or to have all your hobbies both inside or out then this is a property that you MUST inspect!!!
Featuring:
- 4 dedicated bedrooms (master with walk-in robe & ensuite), the remaining bedrooms all have built-ins, and all bedrooms have carpets & ceiling fans.
- Current office could simply have the desk removed & take out linen press from the hallway & re-locate to the large laundry to then have a built-in robe & use it as a 5th bedroom
- Spacious lounge at the front of the house
- Combined Living, kitchen & dining areas large enough for the biggest of families or get-togethers
- Kitchen with large bench spaces, Smeg double oven & cooktop, dishwasher & large pantry
- Media or 3rd living area with external access could be used as an office space, or large enough for a billiard table
- Floating floors through all living areas
- Rev/Cycle Air con in open living areas
- Fans in living areas & all bedrooms
- Solar hot water system
- Security screens on access doors and most windows
- TV points in all living rooms, master bedroom & outside patio
- Huge 8x5m covered entertainment area connects to the 2000m2 of fully fenced land perfect for children & animals
- Double lock up garage with remote & internal access directly into kitchen ideal for all your groceries
- Bonus triple bay shed with concrete base, power & lighting. It features an additional 9x3m awning on the front as well as a concrete slab behind which you can park a campervan
- Town water as well as rainwater tank connected to laundry & toilets
- Septic tank irrigation system ideal for lawns
- Firepit area in the backyard
- Land rates are $824.25 & water connection fee of $349.94 (both per 6mth period)
- Note: grass and/or sky images may have been altered for marketing purposes
This is a truly exceptional home that needs an inspection to take in all of its features. No open houses are planned so call John or Scott for your private inspection times.
Listing description written by John Rizqallah, York Realty — reproduced as published, not verified by Districts.