Pine Mountain at a glance
1,737
People
$1,280,000
Median sale
$571/wk
Median rent
2.32%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
QLD › Pine Mountain › Velvet St
$950,000
Last sold
26 Nov 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
3,403 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
$950,000
26 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Pine Mountain (last 5 years) with land size have a median of $219/m² of land (n=45). Districts calculation from recorded sales — not a valuation.
Pine Mountain at a glance
1,737
People
$1,280,000
Median sale
$571/wk
Median rent
2.32%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Pine Mountain
-25.8%
Median sale
Suburb $1,280,000
+0.81 pp
Gross yield
Suburb 2.32%
Suburb median $1,280,000 from 15 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 $571/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
Pine Mountain at a glance
1,737
People
$1,280,000
Median sale
$571/wk
Median rent
2.32%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White SpringfieldWelcome to 7 Velvet Street, a near-new, four-bedroom residence with an additional media room, nestled on an expansive 3,403 sqm block in the serene, sought-after community of Pine Mountain. Built just two years ago, this property combines contemporary style, space, and seamless indoor-outdoor living with comfort at every turn-including ducted air conditioning throughout to ensure year-round climate control.
Entering the home, you'll find four generously sized bedrooms, each designed with an inviting ambiance and thoughtful touches to enhance privacy. The master suite, with its sleek ensuite, becomes a private retreat, while the other bedrooms provide space and comfort for family members or guests, all filled with natural light. Two stylishly appointed bathrooms feature modern fixtures, bringing an understated luxury to everyday routines. Adding to the home's allure, a versatile media room offers an ideal space for movie nights, gaming, or a quiet retreat for reading and relaxation.
The spacious double garage is perfect for an active lifestyle, not only for parking but also as an ideal storage space for hobbies and projects. And with 3,403 sqm of land, your options are endless-privacy abounds with ample room for future plans, whether that's a pool, garden, or additional outdoor entertaining space. The lush greenery surrounding the property provides a beautiful natural backdrop for any activity, from quiet mornings to lively gatherings.
Inside, the open-plan layout is designed for both daily living and entertaining. At its heart, the kitchen features modern stainless steel appliances and abundant storage, ready to accommodate family feasts or quiet evenings alike.
Nearby Conveniences:
- West Moreton Anglican College: 3.5 km - a quick commute for school drop-offs.
- Ipswich CBD: 10 km - perfect for dining, shopping, and entertainment.
- Brassall Shopping Centre: 7 km - nearby for all your daily essentials.
- Ipswich Hospital: 10 km - easily accessible for healthcare needs.
- Warrego Highway: 6 km - connecting you to Brisbane and beyond for convenient travel.
Beyond the comforts of the home itself, the location offers the best of both worlds-a peaceful escape with easy access to schools, shopping centres, and essential amenities, making 7 Velvet Street a true sanctuary within reach of everything you need.
Auction: Thursday 28th November 2024, from 6pm.
Online & In-Rooms: 16 Springfield Parkway, Springfield.
Listing description written by Phill Broom, Ray White Springfield — reproduced as published, not verified by Districts.