Palmview at a glance
8,350
People
$1,080,000
Median sale
$780/wk
Median rent
3.76%
Suburb gross yield
Median sale from 165 recorded sales (last 12 months) — a Districts calculation.
QLD › Palmview › Needlewood St
$862,000
Last sold
1 June 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
433 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
$862,000
1 June 2022 · derived via latest_sale
Local land rate: recorded House sales in Palmview (last 5 years) with land size have a median of $2,963/m² of land (n=171). Districts calculation from recorded sales — not a valuation.
Palmview at a glance
8,350
People
$1,080,000
Median sale
$780/wk
Median rent
3.76%
Suburb gross yield
Median sale from 165 recorded sales (last 12 months) — a Districts calculation.
Vs Palmview
-20.2%
Median sale
Suburb $1,080,000
+0.95 pp
Gross yield
Suburb 3.76%
Suburb median $1,080,000 from 165 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 $780/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
Palmview at a glance
8,350
People
$1,080,000
Median sale
$780/wk
Median rent
3.76%
Suburb gross yield
Median sale from 165 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts CommunityHomely in Harmony
This home will make a stunning first impression on you from the Hamptons facade and manicured gardens to the front and the wow factor continues throughout!
Thoughtfully designed and meticulously styled, 7 Needlewood Street will be loved by buyers who are looking for not just their next property but a place to call home.
This quality home features:
- 4 bedrooms, 2 bathrooms, 2 living, double lock up garage.
- Master bedroom with tinted windows, tv bracket, walk in robe and ensuite.
- Large, open plan living and dining with quality vinyl plank flooring and huge stacker doors opening to the outdoors.
- Plush carpet to media room and bedrooms.
- Reverse cycle, ducted, zoned 'smart' air conditioner.
- Functional and stylish kitchen with walk in pantry, stone benchtops, dishwasher and pendant lights.
- Main bathroom with a beautiful, big freestanding bath tub.
- Separate laundry.
Outside the home has just as many exciting features:
- Beautiful gardens and lawn both front and rear on this spacious 433m2 block.
- Large yard to both sides.
- Right hand side with enough space for additional vehicle parking such as a boat, trailer or caravan (rare find in Harmony!)
- Good sized back yard for the kids and pets to run and play.
- Great sized, tiled alfresco area.
- Brilliant firepit area off the main alfresco, perfect for entertaining.
There are so many extras that make this house a home, an inspection to appreciate everything on offer here is a must!
Now is the time to buy into the exciting development and community that is Harmony. We are just a quarter of the way through the development with some very impressive infrastructure planned for the area - the expected growth is enticing for Harmony property owners, get in now!
Listing description written by Lauren McCarthy, Harcourts Community — reproduced as published, not verified by Districts.