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QLD › Pine Mountain › Velvet St

62 Velvet St, Pine Mountain QLD 4306

Rural Property

$680,000

Last sold

21 Feb 2019

6

Bedrooms

3

Bathrooms

8

Car spaces

10,600 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $680,000 (21 Feb 2019).(Recorded sale)
  • FactLand 10,600 m²; no building size recorded.(Property record)
  • CalculationRecorded Rural Property sales in Pine Mountain (last 5 years) with land size: median $24/m² of land (n=7). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$680,000

21 Feb 2019 · derived via latest_sale

Local land rate: recorded Rural Property sales in Pine Mountain (last 5 years) with land size have a median of $24/m² of land (n=7). Districts calculation from recorded sales — not a valuation.

Pine Mountain at a glance

1,737

People

$1,280,000

Median sale

$571/wk

Median rent

2.32%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Pine Mountain report →

Vs Pine Mountain

-46.9%

Median sale

Suburb $1,280,000

+2.05 pp

Gross yield

Suburb 2.32%

Suburb median $1,280,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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

2019$680k$680k
  • Sold (recorded)
  1. Listedprice unknowncompleted24 Jan 2020
  2. Sold$680,00021 Feb 2019
  3. Sold$680,0008 Jan 2019
  4. Listedprice unknowncompleted23 Oct 2018
  5. Soldprice unknown16 Feb 2017
  6. Listedprice unknowncompleted18 Aug 2016

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 $571/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

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

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

Pine Mountain in one glance

Pine Mountain at a glance

1,737

People

$1,280,000

Median sale

$571/wk

Median rent

2.32%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Pine Mountain report →

Keep researching

  • Why Pine Mountain? Read the area thesis →
  • What else is on the market in Pine Mountain →
  • Other records on Velvet St →

Listing material

Listed by Oxbridge National

The Life on 2.5 Acres!

Hi buyers, I am available for inspection by appointment over the next three weeks on these days the 24th and the 27th - 29th of December. Also the 5th and 6th of January.

Please text or phone and leave a message with the property address and your preferred time and date to inspect.

Set back from the quiet street with a superb bush outlook sits this well constructed double brick family home.

Read the full description

This magnificent property has many premium inclusions such as the 4 living areas, 3 bathrooms and 2 laundries

and enough shed space to securely accommodate 6 cars.

There is 6 m x 6 m double lock up garage and a 15 m x 7 m double sized workshop.

The workshop also has a utility room, a bathroom and laundry which makes this space an ideal teenagers retreat or a future second dwelling for Mum or Dad.

What I love most about this prestigious property is the park-like 10,600 square metres of land and that it is located just a short drive to the Upper Brisbane River, 8 minutes drive from major shops and only 37 minutes to Brisbane CBD.

Features-

- Ducted vacuum system.

- Cardiff air (low energy use cooling system)

- Solar power

- Massive en-suited master bedroom with walk in robe.

- New 7 kw Split system Fujitsu Air Con

- New instantaneous gas hot water system

- Double brick construction.

- Various fruit trees including several types of Citrus, Mango, Peach and Lychee.

Location-

- 5 minutes from West Moreton Anglican College.

- 7 minutes from Brassall Primary and Ipswich High School

- 9 minutes to St Josephs Primary School

- 8 minutes to Brassall Shopping Village

- 13 minutes to the largest shopping centre in Ipswich.

- 37 Minutes to Brisbane CBD

- 2 minutes to the Warrego Highway.

Listing description written by Kent Rohl, Oxbridge National — reproduced as published, not verified by Districts.

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.