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QLD › Gleneagle › Mount Lindesay Hwy

6489 Mount Lindesay Hwy, Gleneagle QLD 4285

Rural Property

$1,660,000

Last sold

8 July 2024

8

Bedrooms

4

Bathrooms

10

Car spaces

23,900 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 $1,660,000 (8 July 2024).(Recorded sale)
  • FactLand 23,900 m²; no building size recorded.(Property record)
  • CalculationRecorded Rural Property sales in Gleneagle (last 5 years) with land size: median $31/m² of land (n=3). 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

$1,660,000

8 July 2024 · derived via latest_sale

Local land rate: recorded Rural Property sales in Gleneagle (last 5 years) with land size have a median of $31/m² of land (n=3). Districts calculation from recorded sales — not a valuation.

Gleneagle at a glance

3,085

People

$865,000

Median sale

$563/wk

Median rent

3.38%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Gleneagle report →

Vs Gleneagle

+91.9%

Median sale

Suburb $865,000

-1.62 pp

Gross yield

Suburb 3.38%

Suburb median $865,000 from 27 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

  1. Sold$1,660,0008 July 2024
  2. Listedprice unknowncompleted17 May 2024

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 $563/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

Gleneagle in one glance

Gleneagle at a glance

3,085

People

$865,000

Median sale

$563/wk

Median rent

3.38%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Gleneagle report →

Keep researching

  • Why Gleneagle? Read the area thesis →
  • What else is on the market in Gleneagle →
  • Other records on Mount Lindesay Hwy →

Listing material

Listed by AU Property Group

2 Houses on 23900m2 of flat useable land!!

Key Features:

2 Houses on 5.9 Acres of land

Both properties rented out for $1,775 per week

Read the full description

very flat, and highly usable land

Minutes away from residential developments

Tenants eager to stay long-term, ensuring a secure investment

Separate driveways for each house

Privacy fence between the two houses

House One (Currently Rented for $995/week):

Newly built 5-bedrooms residence

Nestled on approximately 3 acres of flat land

Meticulous attention to detail with Newstart home design

Full ducted air conditioning for year-round comfort

Butler's pantry and stone benchtops in the spacious kitchen

Separate laundry

Luxurious bathroom and private back patio

Man cave shed for hobbies or storage

Sustainable water supply with three large water tanks

Family rumpus room and open-plan living areas

Elegant master bedroom with walk-through robe and ensuite

Grand entrance hall

3 water tanks

House Two (Currently Rented for $780/week):

Three large bedrooms

Master bedroom with ensuite bathroom and walk-in robes

Main bathroom

Large laundry room

Combined living and dining area

Kitchen with island bench and ample storage space

Spacious living area or rumpus room

Cozy fireplace for winter warmth

Air conditioning for summer comfort

Large shed for ample storage space

Tank water for sustainability and reliability

Front veranda for outdoor relaxation

Double carport for convenient parking

Additional shed for storage

Ideal for long-term tenants who appreciate the property's features and location.

Tranquil Surroundings and Lifestyle Amenities

Nestled amidst the picturesque landscape of Gleneagle, this property offers not just a place to live but a lifestyle enriched by nature's beauty. With towering trees providing a canopy of shade and lush greenery all around, residents can immerse themselves in the tranquility of their surroundings. Whether it's morning walks through the expansive grounds or evenings spent watching the sunset from the comfort of your patio, every moment here promises serenity and peace.

Endless Potential for Outdoor Enjoyment

The vast expanse of flat and usable land opens up endless possibilities for outdoor enjoyment and recreational activities. From family picnics on the lawn to setting up a game of backyard cricket, there's ample space for everyone to spread out and make the most of the great outdoors. Gardening enthusiasts will delight in the opportunity to create their own flourishing paradise, while those with four-legged friends will appreciate the freedom for pets to roam and explore.

Convenient Access to Urban Conveniences

Despite its rural charm, this property doesn't compromise on convenience. Situated along the Mount Lindesay Highway, residents enjoy easy access to nearby amenities, schools, and transportation options. Gleaneagle Produce and Store are just a stone's throw away, ensuring you're never far from essentials. Plus, with Beaudesert only a short drive away, you'll have access to a full range of services including medical facilities, supermarkets, and schools, providing the perfect balance between rural tranquility and urban convenience.

Investment Potential and Rental Income

With both houses already rented out and generating a combined income of $1,775 per week, this property presents a lucrative investment opportunity. The security of long-term tenants who love the property ensures a steady stream of income for years to come, making it an attractive option for savvy investors seeking to diversify their portfolio. Additionally, the separate driveways and privacy fence between the two houses offer added appeal for tenants seeking independence and privacy.

Your Dream Property Awaits

Whether you're looking for a sound investment opportunity or a peaceful retreat to call home, 6489 Mount Lindsay Highway offers the perfect blend of comfort, convenience, and natural beauty. Contact Ash on 0406 004 709 from AU Property Group today to schedule a viewing and take the first step towards making this dream property your reality. Don't miss out on this rare chance to secure your slice of paradise in Gleneagle!

All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own inquiries."

Listing description written by Ash Usman, AU Property Group — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Shed
  • Study
  • Toilets: 4
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.