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QLD › Kirkwood › Parkway Cres

7 Parkway Cres, Kirkwood QLD 4680

House

$640,000

Last sold

17 May 2024

4

Bedrooms

2

Bathrooms

2

Car spaces

704 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $640,000 (17 May 2024).(Recorded sale)
  • FactLand 704 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Kirkwood (last 5 years) with land size: median $829/m² of land (n=169). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$640,000

17 May 2024 · derived via latest_sale

Local land rate: recorded House sales in Kirkwood (last 5 years) with land size have a median of $829/m² of land (n=169). Districts calculation from recorded sales — not a valuation.

Kirkwood at a glance

2,634

People

$700,000

Median sale

$521/wk

Median rent

3.87%

Suburb gross yield

Median sale from 54 recorded sales (last 12 months) — a Districts calculation.

See the full Kirkwood report →

Vs Kirkwood

-8.6%

Median sale

Suburb $700,000

+0.36 pp

Gross yield

Suburb 3.87%

Suburb median $700,000 from 54 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$640,00017 May 2024
  2. Listedprice unknowncompleted21 Feb 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $521/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Kirkwood in one glance

Kirkwood at a glance

2,634

People

$700,000

Median sale

$521/wk

Median rent

3.87%

Suburb gross yield

Median sale from 54 recorded sales (last 12 months) — a Districts calculation.

See the full Kirkwood report →

Keep researching

  • Why Kirkwood? Read the area thesis →
  • What else is on the market in Kirkwood →
  • Other records on Parkway Cres →

Listing material

Listed by Locations Estate Agents

STUNNING FOUR BEDROOM FAMILY HOME WITH POOL & SOLAR

Built in 2015 and located in the sought-after Forest Springs estate, this spacious home is situated on a fully fenced 704m2 allotment and has all the modern conveniences of your next family home. Boasting four well-sized bedrooms, two bathrooms, three separate living spaces, double garage, pool and solar system, you don't want to miss out on this gem!

At a glance;

- Spacious, air conditioned open plan kitchen, dining and living area with sliding door access to the outdoor entertaining space. Perfect for a summer BBQ overlooking the stunning inground pool.

Read the full description

- Impressive kitchen complete with breakfast bar, gas stove, dishwasher and plenty of cupboard space.

- Spacious master bedroom features beautiful ensuite and walk-through style robe. The ensuite is complete with double vanity and large shower, sure to impress.

- Three additional well-sized bedrooms complete with built-in robes.

- Additional study located at the entry of the home, ideal for the work from home lifestyle.

- Large separate media room at the heart of the home.

- Additional TV/kids room located nearby bedroom 3 & 4.

- Main bathroom with separate bath and shower. Separate toilet located nearby for added convenience.

- Separate laundry with built in cabinetry, linen cupboard and external doorway access directly to the side yard and clothesline.

- Huge undercover outdoor entertaining area overlooking the 10.5 x 4.4m salt water inground pool

- Double garage with remote roller door and internal access into the home.

- Fully fenced, 704m2 allotment with garden shed for additional storage and children's play equipment.

- Ducted air-conditioning throughout

- 10kW solar system .

- Rates approx. $4,300 per annum

- Currently tenanted until 10/05/2024 at $600/wk.

Located in Forest Springs Estate, this home is a short walk to Kirkwood Shopping Centre, Forest Springs daycare centre and local park. Within a short, 5 minute drive of the Botanical gardens, Kin Kora primary school and Stocklands.

Call Hayley to arrange your private inspection. Please note at least 24hrs' notice is required for all inspections as the property is currently tenanted.

*Previous marketing photos have been used for advertising purposes as the property is currently tenanted.

**Please note the information in this advertisement comes from sources we believe to be accurate, but accuracy is not guaranteed. Interested parties should make and rely on their own independent enquiries and due diligence in relation to the property**

Listing description written by Hayley Ward, Locations Estate Agents — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.