Southside at a glance
7,573
People
$825,000
Median sale
$539/wk
Median rent
3.40%
Suburb gross yield
Median sale from 87 recorded sales (last 12 months) — a Districts calculation.
QLD › Southside › Groundwater Rd
$1,150,000
Last sold
8 Apr 2025
7
Bedrooms
3
Bathrooms
3
Car spaces
5,669 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
$1,150,000
8 Apr 2025 · derived via latest_sale
Local land rate: recorded House sales in Southside (last 5 years) with land size have a median of $916/m² of land (n=114). Districts calculation from recorded sales — not a valuation.
Southside at a glance
7,573
People
$825,000
Median sale
$539/wk
Median rent
3.40%
Suburb gross yield
Median sale from 87 recorded sales (last 12 months) — a Districts calculation.
Vs Southside
+39.4%
Median sale
Suburb $825,000
-0.96 pp
Gross yield
Suburb 3.40%
Suburb median $825,000 from 87 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 $539/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
Southside at a glance
7,573
People
$825,000
Median sale
$539/wk
Median rent
3.40%
Suburb gross yield
Median sale from 87 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX Property GroupThis property features three separate dwellings: a cabin leased for $290 per week, a charming cottage bringing in $350 per week, and a spacious main house that is currently owner-occupied, but could easily be rented out for additional income. Whether you're looking for a live-in investment where you can enjoy the comfort of your own home while earning rental income, or you want a fully income-generating property by leasing out all three dwellings, this setup offers the flexibility to suit your goals
Main house: Rental appraisal supplied on request.
- Air conditioning and ceiling fans throughout
- Sunken lounge area with carpet, fireplace and vaulted ceiling
- Venetian shutters
- Kitchen with dishwasher, electric cooktop, laminate benchtops, island bench and walk in pantry
- Bathroom tiled floor to ceiling with spa bath, shower and separate toilet
- Security screens
- Home office with built-in storage and hardwood cedar bench tops
- Roller blinds
- Spacious dedicated internal laundry room
- Solar electricity
- Elevated position with views out of a rural setting
- Approximately 20 x 7.5 m concrete pad for additional car, caravan, camper, boats.
- Lattice enclosed single car carport & rear alfresco area
- Lawn taps for irrigation
- Pergola front patios
- Matured Landscaping
- Under roof and hills hoist close lines
- Stencil Crete concrete carport and walk way
- Large backyard
- Rain Water tank
- Tri level Home
- Front porch with timber balustrades
- Workshop space in garage
- Roof replaced with new colour bond roofing in 2024.
Cabin: Currently tenanted to 10/04/25 at $290/week.
- Two bedroom, one bathroom
- Open plan kitchen, living and dining
- Electric cooktop
- Internal laundry space
- Air conditioning
- Vinyl flooring in living area, carpeted bedrooms
- Front timber patio
- Views over a rural setting
- Fly screens throughout
- Curtains
- Private position
- Private Garden
- Roof replaced with new colour bond roofing in 2024.
Cottage: Currently tenanted to 20/05/25 at $350/week.
- One bedroom, one bathroom
- Electric cooktop
- Separate toilet
- Laundry room
- Bathroom tiled floor to ceiling with spa bath and shower
- Security screen exit and entry doors
- Fly screens throughout
- Tinted windows
- Leaded stained glass feature doors
- Polished hardwood timber floors
- Built-in wardrobe
- Pelmets and curtains
- Air conditioning
- Open plan kitchen, lounge and dining
- Bay window
- Stained timber architraves
- High Vaulted ceilings
- Private garden with archway
- Fishpond
- Garden taps for irrigation
- Roof replaced with new colour bond roofing in 2024.
Don't miss this rare opportunity to secure a unique investment with endless potential in the heart of Southside. Whether you're looking to live, invest, or both, 63 Groundwater Road offers unmatched flexibility and income-generating possibilities. Contact RE/MAX Property Group today to arrange your inspection and take the first step toward making this exceptional property yours!
Listing description written by Jesse van Nek, RE/MAX Property Group — reproduced as published, not verified by Districts.