Gumdale at a glance
2,392
People
$1,970,000
Median sale
$799/wk
Median rent
2.11%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
QLD › Gumdale › Formosa Rd
For sale
For sale
5
Bedrooms
4
Bathrooms
3
Car spaces
10,117.141 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
Asking
No recorded sale price for this property yet.
Gumdale at a glance
2,392
People
$1,970,000
Median sale
$799/wk
Median rent
2.11%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
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 $799/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
Gumdale at a glance
2,392
People
$1,970,000
Median sale
$799/wk
Median rent
2.11%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Place BulimbaSet on an exclusive 2.5-acre allotment fringed by flourishing greenery, this five-bedroom lowset with a swimming pool and sprawling grounds feels like a private paradise. Also boasting elegant interiors and outstanding entertainment options, this north-facing prestige home perfectly balances tranquillity and proximity to local conveniences.
Wonderfully private, the property is accessible via a winding extended driveway that weaves past mature gardens and through an expansive fully-fenced front yard. A magnificent homestead-inspired facade makes an incredible first impression, complemented by a covered front porch and decorative fretwork. Continuing the refinement inside are details such as attractive tiled floors, lofty ceilings and a calming neutral colour palette.
Punctuated by a grand pitched roofline and clerestory windows, a spacious open-plan living and dining area flows from the residence's welcoming entry. Allowing you to relax and host guests with ease, an impeccable adjoining kitchen displays a large breakfast bar, quality appliances, a butler's pantry and ample cupboard storage.
Outside, a covered patio provides vast amounts of entertaining space. Framed by privacy screens, this sensational al fresco area leads out to a huge, flat fully-fenced grassed rear yard that those with children and pets will appreciate. Featuring established gardens and beautiful bushland surrounds, this enviable outdoor haven also encompasses a sparkling in-ground swimming pool.
You will also find a generous rumpus area and a media room, plus an ensuited master bedroom. Another four bedrooms finish the home; three are ensuited.
Benefitting from a rare secure three-car garage and off-street parking for extra vehicles, the property also includes ducted air-conditioning, ceiling fans, a security system, abundant storage and intercom security.
A stone's throw from Eastside Village Shopping Centre's retail and dining options, this spectacular residence is near the city-bound Gateway Motorway and Sleeman Sports Complex's facilities. Ideally positioned between Brisbane's CBD and Bayside region, this extraordinary home is also minutes from Westfield Carindale, Capalaba Central Shopping Centre and the Howeston Golf Course.
Falling within the Gumdale State School and Wynnum State High School catchment areas, this phenomenal property is also a short distance from Agnew School, Moreton Bay College and Moreton Bay Boys' College. Do not miss this exclusive opportunity – call to arrange an inspection today.
Contact Anna Dunne to arrange a Private Inspection - 0424 455 633
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Listing description written by Anna Dunne, Place Bulimba — reproduced as published, not verified by Districts.