Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
QLD › Westlake › Raeside St
$1,252,500
Last sold
24 Feb 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
834 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
$1,252,500
24 Feb 2025 · derived via latest_sale
Local land rate: recorded House sales in Westlake (last 5 years) with land size have a median of $1,750/m² of land (n=137). Districts calculation from recorded sales — not a valuation.
Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Westlake
-24.1%
Median sale
Suburb $1,650,444
+0.77 pp
Gross yield
Suburb 2.41%
Suburb median $1,650,444 from 16 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 $766/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
Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by NGU Real Estate BrisbaneSet on a generous 834m² block, this stunning two-story home offers an exceptional blend of privacy, space, and functionality, nestled in one of Westlake's most peaceful streets. With its thoughtful layout, lush, manicured gardens, and a design that embraces both indoor and outdoor living, this residence is perfect for growing families or those who love to entertain.
Upstairs is dedicated to the master bedroom sanctuary, a true retreat boasting dual walk-in wardrobes, a newly renovated ensuite, and additional storage. Elevated and secluded, this space offers a tranquil haven within the home.
The ground floor forms the heart of the home. Step through the private entrance and into the expansive informal living and dining areas, complete with a central fireplace that radiates warmth throughout. The kitchen, seamlessly connected to these spaces, features ample storage and overlooks the lush backyard.
A separate formal lounge with soaring ceilings and skylights offers a grand yet cozy atmosphere, ideal for intimate gatherings or quiet relaxation. The downstairs bathroom, complete with a double vanity, separate shower, and toilet, services the additional three generously sized bedrooms, each with ceiling fans for year-round comfort.
Designed for entertaining, the expansive back patio spans the width of the house and overlooks the sparkling in-ground pool. This serene space is perfect for summer barbecues, family gatherings, or simply soaking in the tranquil atmosphere. A second patio, accessible from the informal living area, extends the home's outdoor offerings, with wrap-around lawn connecting both spaces.
The beautifully landscaped front yard provides a welcoming entrance, while the fully fenced and gated perimeter ensures ultimate privacy and security. The backyard, surrounded by lush greenery, is a haven for birdlife, including lorikeets, kookaburras, and magpies, adding to the peaceful ambiance of this quiet neighbourhood.
What We Love:
- Ultimate privacy with a fully fenced and gated perimeter
- Peaceful location in a quiet, family-friendly neighbourhood
- Sparkling in-ground pool and expansive outdoor entertaining spaces
- Upstairs master bedroom retreat with dual walk-in robes and renovated ensuite
- Spacious formal lounge with high ceilings and skylights
- Central fireplace creating warmth and charm in the living areas
- Secure home with a private entrance and side lockable access
- Beautifully landscaped, low-maintenance gardens and lush lawns
- A haven for birdlife, including lorikeets, kookaburras, and king parrots
Education Highlights:
- Middle Park State School
- Good News Lutheran School
- Jamboree Heights State School
- Centenary State High School
Location Highlights:
- 260m to Local Parkland
- 2.0km to Coles
- 1.3km to Riverhills Plaza Shopping Mall
- 2.2km to McLeod Country Golf Club
- 3.7km M5 Entrance
Disclaimer:
All information contained herein is gathered from sources we consider to be reliable however we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Your dream home awaits.
Disclaimer:
All information contained herein is gathered from sources we consider to be reliable however we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
Listing description written by Jason Yang, NGU Real Estate Brisbane — reproduced as published, not verified by Districts.