Heritage Park at a glance
5,374
People
$995,000
Median sale
$637/wk
Median rent
3.33%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
QLD › Heritage Park › Millwood St
$605,000
Last sold
2 Dec 2022
4
Bedrooms
2
Bathrooms
1
Car spaces
600 m²
Land
158 m²
Building
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
$605,000
2 Dec 2022 · derived via latest_sale
Local land rate: recorded House sales in Heritage Park (last 5 years) with land size have a median of $1,227/m² of land (n=147). Districts calculation from recorded sales — not a valuation.
Heritage Park at a glance
5,374
People
$995,000
Median sale
$637/wk
Median rent
3.33%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Vs Heritage Park
-39.2%
Median sale
Suburb $995,000
+2.15 pp
Gross yield
Suburb 3.33%
Suburb median $995,000 from 33 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 $637/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
Heritage Park at a glance
5,374
People
$995,000
Median sale
$637/wk
Median rent
3.33%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Avenue PropertySOLD BY CHRIS GILMOUR 0438 632 459...
This well presented, lowset brick and tile home is nestled on a 600m2 block of prime land in a tranquil pocket of popular Heritage Park. Beautifully styled and presented, this home epitomises the great harmony between indoor and outdoor contemporary living.
As soon as you enter the front door you are greeted by the formal lounge room, which is air conditioned for your comfort and is light filled thanks to the lovely bay windows which allow the natural light to filter through effortlessly. This space then leads to the informal living quarters which features a spacious combined family and dining room that is also air conditioned. This area then seamlessly flows out onto the beautiful alfresco setting, which is covered and overlooks a delightful, grassed area showcasing pockets of lovely landscaping. A large 6m x 3m shed sits to the rear of the property for you to safely store away your gardening essentials and tools.
Back inside, a fully functional kitchen that is bright and airy will satisfy the cook in the family with a large double sink and ample cupboard storage on offer. The property presents with 4 spacious bedrooms, all with built ins and the master suite showcases a walk-in-robe as well as a contemporary ensuite. The main bathroom features sleek black polished tiles and services the remaining bedrooms.
A single remote garage, large laundry with storage and convenient side access completes the picture to this lovely residence that is within walking distance to the amazing Millwood Park which is a recreational park that features a flying fox, various playgrounds, a picnic area with shelters for weather protection and fitness equipment. The residence is also within close proximity to shops, schools, transport, major arterial roads, gyms and a plethora of cafes, restaurants and fast food outlets. Situated only ½ hour from the Brisbane CBD and Ipswich, and just under an hour's drive from the sandy beaches of the Gold Coast tourist precinct, you can't go wrong with the convenient location this property offers. This lovely
residence is open for your inspection now.
Property features and inclusions:
Situated on a 600m2 block
Floor plan size approx 158m2
Brick and tile home
30 years old
4 spacious bedrooms, 3 with built ins
Master suite boasts WIR, ensuite and aircon
2 bathrooms
Large formal lounge room
Separate combined family and dining room
Spacious and fully functional kitchen with double sink
Separate laundry with storage cupboards
Aircon in main lounge, family room and main bedroom
Ceiling fans in 3 of the 4 bedrooms
Polished tiles in family room
Lovely covered alfresco area
6m x 3m outdoor shed
Solar hot water
Solar power – 8 panels (house) & 2 panels (hot water)
Low maintenance landscaping
Single remote garage
Side access
3000 lt water tank
Walking distance to popular Millwood Park
Close to schools, Grand Plaza shopping precinct, transport, restaurants, cafes, sporting and
recreational clubs and major arterials (Logan Motorway)
½ hr drive to Brisbane CBD and Ipswich and 58 mins to the Gold Coast
NBN
Council rates - $683per/qtr (includes water)
Current rental appraisal - $500 per week
Disclaimer:
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice
Listing description written by Chris Gilmour, Avenue Property — reproduced as published, not verified by Districts.