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QLD › South Maclean › Pennine Dr

68 Pennine Dr, South Maclean QLD 4280

Rural Property

$1,390,000

Last sold

11 Dec 2024

4

Bedrooms

2

Bathrooms

2

Car spaces

28,500 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 $1,390,000 (11 Dec 2024).(Recorded sale)
  • FactLand 28,500 m²; no building size recorded.(Property record)
  • CalculationRecorded Rural Property sales in South Maclean (last 5 years) with land size: median $61/m² of land (n=14). 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

$1,390,000

11 Dec 2024 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Local land rate: recorded Rural Property sales in South Maclean (last 5 years) with land size have a median of $61/m² of land (n=14). Districts calculation from recorded sales — not a valuation.

South Maclean at a glance

3,650

People

$858,000

Median sale

$693/wk

Median rent

4.20%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full South Maclean report →

Vs South Maclean

+62.0%

Median sale

Suburb $858,000

-1.61 pp

Gross yield

Suburb 4.20%

Suburb median $858,000 from 25 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

202220232024$1.2m$1.39m
  • Sold (recorded)
  1. Sold$1,390,00011 Dec 2024
  2. Listedprice unknowncompleted4 Sept 2024
  3. Sold$1,200,00014 Apr 2022
  4. Listedprice unknowncompleted7 Dec 2021

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 $693/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

South Maclean in one glance

South Maclean at a glance

3,650

People

$858,000

Median sale

$693/wk

Median rent

4.20%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full South Maclean report →

Keep researching

  • Why South Maclean? Read the area thesis →
  • What else is on the market in South Maclean →
  • Other records on Pennine Dr →

Listing material

Listed by Crafted Property Agents

acreage life 🍃 | Picturesque Ranch on 7 Acres - Incredible Horse Infrastructure + Income Potential!

*CONNECT - Reach out to discuss or schedule a viewing. We're eager to assist you!

*REQUEST - Building and Pest Report + REIQ Contract of Sale + Title Search

This acreage property features an excellent horse infrastructure and a great potential dual living setup with. You will find peace and serenity in this location on the elevated allotment with bushland views and three dams. If you are looking for wide open space with room for the horses, boat, caravan, trailer and much more, this home has you covered. Don't miss out on this amazing seven acre block with picturesque dams and usable land.

Read the full description

HOME FEATURES:

As you step inside the home you will immediately feel that warm cosy homely feeling that only a truly great home can give. This home features a central and spacious kitchen. It also has great separation of the living area and the bedrooms to give everyone their own space and comfort. The added bonus of a potential dual living setup provides you with space for the extended family or an additional income stream.

· Bedroom: 3 x Spacious Rooms + Built-ins + Ceiling Fans + A/C

· Master Suite: Built-ins + A/C

· Bathroom: 1 x Bathroom with Freestanding Bath

· Kitchen: Electric Cooking + Loads of Bench and Cupboard Space

· Living (a): Family area combining meals + lounge + kitchen (Fireplace)

· Home Features: A/C + 9ft Ceilings + Ceiling Fans + Fireplace + Insulation + Screens

Potential Dual Living/Home Business:

· Potential Bedroom: 1 x Spacious Room + Built-ins + A/C

· Bathroom: 1 x Bathroom

· Kitchen: Kitchenette including oven and electric stovetop

OUTDOOR FEATURES:

This property has some amazing grounds with three dams and unrivalled horse infrastructure. Add on top of that a solid shed for the boat, caravan or any other toys or hobbies. Enjoy the open space and complete privacy with the house and shed positioned back on the block all set on a very tranquil street. If you are looking for a suitable horse property than you will definitely love this block - featuring a 6 stable barn and 20m floodlit roundyard.

· Outside area: Bull-nose verandah to all sides of the house with expansive alfresco deck

· Car Space: Double Garage

· Shed (a):  12M x 16M (approx) Barn + 6 x 4m x 4m Stables with automatic waterers + Timed lighting and fans + Hot and Cold wash bay and lockable tack room including plumbing and electricity for a washing machine and fridge

· Shed (b): 6M x 4M (approx) Titan Shed that can be used as mower and tool shed

· Outside Features: Fully Fenced + Water Tanks to Barn (15,000l) + Main House (22,000l) + Granny Flat (22,000l) + 3 x Dams + 4 Timber Post and Rail Equimesh Paddocks + 6 Additional Paddocks in Electric Braid + 2 Timber Posts and Rail Day Yards + 20m Floodlit Round Yard with Post and Rail Boundary Fencing

*NOTE - The outline shown on the aerial photos is for illustrative purposes only and is intended as a guide to the property boundary. We cannot guarantee its accuracy and interested parties should rely on their own enquiries. Also, the measurements are approximate and any potential suggestions have not been investigated with council and interested parties should rely on their own enquiries. The sellers Building and Pest Report can be accessed for review however this should not be relied upon and interested parties should rely on their own enquiries.

Listing description written by Philip Resnikoff, Crafted Property Agents — reproduced as published, not verified by Districts.

Property features

  • Shed
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.