Ferny Grove at a glance
6,331
People
$1,353,606
Median sale
$718/wk
Median rent
2.76%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
QLD › Ferny Grove › Mcalroy Rd
4
Bedrooms
2
Bathrooms
2
Car spaces
804 m²
Land
177 m²
Building
Districts View
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Ferny Grove (last 5 years) with land size have a median of $1,514/m² of land (n=148). Districts calculation from recorded sales — not a valuation.
Ferny Grove at a glance
6,331
People
$1,353,606
Median sale
$718/wk
Median rent
2.76%
Suburb gross yield
Median sale from 34 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 $718/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
Ferny Grove at a glance
6,331
People
$1,353,606
Median sale
$718/wk
Median rent
2.76%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals Style Real EstateThis property is for sale by Flexible Terms Online Bidding platform.
The bidding has commenced, and the property can sell anytime.
Contact the sales agent immediately to become qualified or speak about this property and sales process further.
Calling all first home buyers, investors, and renovators! This property is a gem waiting to be polished into your dream haven. Situated in the serene suburb of Ferny Grove, this 4-bedroom, 2-bathroom, 2-garage home offers ample space and endless possibilities.
As you step inside, you'll be greeted by a spacious living area perfect for relaxation or entertaining guests. Adjacent is a separate family/dining area, ideal for accommodating growing families or appealing to potential tenants.
The bedrooms boast built-in wardrobes, providing convenient storage solutions. With a separate toilet and bathroom, convenience is paramount for busy households.
The large rear yard is a blank canvas, offering plenty of potential for creating your own outdoor oasis. Whether it's hosting family gatherings, letting children play freely, or indulging in gardening hobbies, this space is yours to mold.
A good-sized garage space and separate laundry add to the practicality of this property, ensuring both functionality and comfort.
Location-wise, you're in luck! Within the catchment area of renowned schools such as Ferny Grove State School and Ferny Grove State High School, education options are plentiful. Additionally, enjoy the convenience of nearby cafes, restaurants, and shops for your daily needs. For outdoor enthusiasts, explore the abundance of outdoor activities in the area, from scenic parks to hiking trails.
The property is currently tenanted with a lease in place until 28th August 2024. The current rent for the property is $615 per week. Current tenants would be happy to renew if the new owners were looking for good tenants to stay at the property.
Don't miss out on this opportunity to secure your slice of paradise in Ferny Grove. Contact us today to arrange a viewing and take the first step towards making this house your home!
Listing description written by Peter Elisseos, Professionals Style Real Estate — reproduced as published, not verified by Districts.
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