Wakerley at a glance
9,118
People
$1,660,000
Median sale
$870/wk
Median rent
2.73%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
QLD › Wakerley › Olsen Cres
$930,000
Last sold
5 Apr 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
450 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
$930,000
5 Apr 2023 · derived via latest_sale
Local land rate: recorded House sales in Wakerley (last 5 years) with land size have a median of $2,289/m² of land (n=116). Districts calculation from recorded sales — not a valuation.
Wakerley at a glance
9,118
People
$1,660,000
Median sale
$870/wk
Median rent
2.73%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Vs Wakerley
-44.0%
Median sale
Suburb $1,660,000
+2.13 pp
Gross yield
Suburb 2.73%
Suburb median $1,660,000 from 25 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 $870/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
Wakerley at a glance
9,118
People
$1,660,000
Median sale
$870/wk
Median rent
2.73%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX AdvantageThis is the one you have been waiting for! You will notice the immaculate gardens, driveway and street appeal as you pull up to 7 Olsen Crescent. Once you step inside you will see that the residence is much larger than it appears at first and with not much to do but move in, this one is ready for its new family to call home. Boasting 2 living areas with the kitchen central in location, 4 good-sized bedrooms and 2 car accommodation, a large alfresco area that has a NORTH aspect and enough yard for pets and small children make sure you inspect at your earliest convenience. Just around the corner is a fantastic park and playground that you don't have to maintain that has loads of space for the kids to play and offers a playground for young children. The whole family is catered for.
With a low-maintenance backyard and beautiful gardens, your weekends are yours to enjoy, and you definitely won't be a slave to the mower. Located in a super quiet street this fantastic home won't last long. Living here is easy, and all your searching will be over all you need to do is come and inspect this stunning home. Seriously don't wait to be told it's sold!
Gumdale Village and Gumdale State School are just a couple of minutes by car. Also located within walking distance to Wakerley Park, Mayfair Village, Moreton Bay Girls, public transport and only a few minute's drive to the Manly waterfront, Westfield Carindale, Gateway Motorway and Wynnum Plaza the location has everything you could possibly need.
7 Olsen Crescent Features
- Gumdale State School catchment
- 4 Good sized bedrooms all with built-ins
- 2 Bathrooms in excellent condition
- Large open-plan living and dining that flows to the alfresco
- Separate second living space perfect for a media or kids retreat
- Covered alfresco with excellent privacy, a northerly aspect and a tranquil feel
- Gourmet kitchen with ample bench space and storage
- Separate laundry that is well appointed
- Low-maintenance yard with enough space for pets
- Full enclosed cat cage for those with cats
- Landscaped front yard and backyard that is in immaculate condition
- Air conditioning and security screens
A super quiet location is always highly desirable as is a home that is in immaculate condition. Book your inspection today or visit the open home this weekend. I look forward to hearing from you soon.
Listing description written by Todd Gerhardt, RE/MAX Advantage — reproduced as published, not verified by Districts.