Greenbank at a glance
15,350
People
$1,063,000
Median sale
$656/wk
Median rent
3.21%
Suburb gross yield
Median sale from 125 recorded sales (last 12 months) — a Districts calculation.
QLD › Greenbank › Covella Blvd
$1,015,555
Last sold
1 May 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
392 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
$1,015,555
1 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Greenbank (last 5 years) with land size have a median of $2,171/m² of land (n=145). Districts calculation from recorded sales — not a valuation.
Greenbank at a glance
15,350
People
$1,063,000
Median sale
$656/wk
Median rent
3.21%
Suburb gross yield
Median sale from 125 recorded sales (last 12 months) — a Districts calculation.
Vs Greenbank
-4.5%
Median sale
Suburb $1,063,000
+0.15 pp
Gross yield
Suburb 3.21%
Suburb median $1,063,000 from 125 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 $656/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
Greenbank at a glance
15,350
People
$1,063,000
Median sale
$656/wk
Median rent
3.21%
Suburb gross yield
Median sale from 125 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Torres PropertyA home that balances simplicity, style and everyday ease
Framed by a fresh white facade and thoughtful landscaping, this single level home immediately sets a tone of clean, contemporary living. The frontage is neat and inviting, with newly defined garden beds and a subtle sense of arrival that continues as you step through the entry. Inside, elevated 2.58m ceilings and large format tiling create an immediate feeling of openness, while soft natural light filters through sheer curtains, adding warmth to the crisp, modern palette.
The central living and dining zone is designed to feel both connected and comfortable, anchored by a well-appointed kitchen that brings people together. Finished with Caesarstone benchtops, Tasmanian Polytec cabinetry and a generous island, the space is as practical as it is polished. A 900mm Westinghouse freestanding cooker and dishwasher ensure it performs just as well for everyday meals as it does when entertaining. The adjoining gallery-style walk-in pantry keeps everything neatly tucked away, maintaining the home's streamlined feel.
Considered design that delivers comfort, flexibility and lifestyle
Privately positioned, the master suite offers a calm retreat, complete with a spacious walk-in robe featuring his and hers sections and an oversized ensuite with a walk-in shower. The remaining bedrooms are well separated, each fitted with built-in robes and ceiling fans, while the main bathroom is thoughtfully finished with a freestanding bath and separate shower to suit both relaxation and practicality.
Flowing outdoors, the home continues to impress with low-maintenance surrounds, including side access finished with pebbles and stone pavers. Whether it's a quiet morning coffee or an easy weekend unwind, the outdoor space complements the home's effortless liveability.
Functional laundry with external access, linen and broom storage; and added features such as steel mesh security screens, smart home integration, air conditioning and quality window furnishings enhance both comfort and peace of mind.
Positioned within a growing and well-connected pocket, the home is moments from Greenbank Shopping Centre, with larger retail and lifestyle precincts at Springfield Orion just a short drive away. Local schooling options including Everleigh State School and Park Ridge State High School are within easy reach, while Brisbane CBD remains accessible for those commuting or seeking the best of both suburban calm and city convenience.
Rates: $860.32/qtr
Additional Highlights:
• MyPlace smart home system for seamless modern living
• Security screens throughout for added peace of mind
• Close to local favourites including Greenbank recreational reserves and community clubs, offering a relaxed lifestyle with plenty of space to unwind
• Located in Brisbane's expanding south-west growth corridor, set to benefit from infrastructure and connectivity improvements ahead of the 2032 Olympic Games, supporting long-term lifestyle and investment appeal
A home that feels considered at every turn, offering a balanced lifestyle of comfort, simplicity and quiet sophistication.
Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, Torres Property will not be held liable for any errors in typing or information. All interested parties should rely upon their own enquiries in order to determine whether or not this information is in fact accurate.
Listing description written by Ricky Tan, Torres Property — reproduced as published, not verified by Districts.
Also look at