Springfield Lakes at a glance
18,857
People
$982,500
Median sale
$696/wk
Median rent
3.68%
Suburb gross yield
Median sale from 136 recorded sales (last 12 months) — a Districts calculation.
QLD › Springfield Lakes › Waratah Cres
$1,090,500
Last sold
22 Aug 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
400 m²
Land
335 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
$1,090,500
22 Aug 2025 · derived via latest_sale
Local land rate: recorded House sales in Springfield Lakes (last 5 years) with land size have a median of $2,319/m² of land (n=162). Districts calculation from recorded sales — not a valuation.
Springfield Lakes at a glance
18,857
People
$982,500
Median sale
$696/wk
Median rent
3.68%
Suburb gross yield
Median sale from 136 recorded sales (last 12 months) — a Districts calculation.
Vs Springfield Lakes
+11.0%
Median sale
Suburb $982,500
-0.36 pp
Gross yield
Suburb 3.68%
Suburb median $982,500 from 136 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 $696/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
Springfield Lakes at a glance
18,857
People
$982,500
Median sale
$696/wk
Median rent
3.68%
Suburb gross yield
Median sale from 136 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Greater SpringfieldTucked away in one of Springfield Lakes' most peaceful and sought-after estates, this one-of-a-kind property offers the perfect balance of style, space, and convenience. From the moment you arrive, you're greeted with standout street appeal. The home has been immaculately maintained inside and out, ensuring it leaves a lasting first impression.
Step inside and you'll be welcomed by soaring high ceilings and a wide, open entryway that instantly sets the tone for the generous layout throughout. Whether you're entertaining guests or simply unwinding at home, this residence has been designed to suit every lifestyle.
At the heart of the home lies the open-plan kitchen, living, and dining area, thoughtfully designed to bring everyone together. Glass sliding doors open seamlessly to a beautifully tiled patio, creating a perfect indoor-outdoor flow for entertaining. With multiple living zones, including a dedicated media room, there's space for the whole family to spread out and enjoy.
Upstairs, you'll find all the generously sized bedrooms all including built in wardrobes, along with a second living area, perfect for a kids' retreat, private family zone or even second office area. The master suite is truly in a class of its own, offering a luxurious sanctuary complete with an oversized walk in robe and bathroom along with the main feature being you will have access to your own private balcony.
Only a short walk to multiple, schools (primary and high school), parks and amenities this home truly will tick all your boxes!
Whether you are looking at finding your dream home in an ideal location, upsizing for growing families, or simply just to add to your investment portfolio with a high rental yield, this property is not something you want to miss out on. For any additional information or queries, please don't hesitate to contact Jarrod on 0411 561 520.
Features:
• Water feature located in the front deck.
• Freshly painted deck
• Large Light fixture located in front hallway
• Media room with raised platform
• Study room/ multi-purpose room located upon entry
• 2.5 bathrooms
• Laundry room
• Open plan kitchen, living, dining area
• Gas Stove top
• Glass/ window splashback
• Bi-fold glass doors which opens to open planned tiled alfresco
• 2x bedrooms with balconies
• Open ensuite which includes double sink vanity
• Generously spaced walk-in wardrobe (3.3mx3m)
• Outdoor shutters connected to the balcony linked to master bedroom
• Ducted Air-conditioning
• Security Alarm System
• Multiple Living areas
• Internal hardwired speakers
Location:
• 5 minute drive to Springfield Central State School
• 3 minute drive to Springfield Central State High School
• 2 minute drive to Park Edge
• 4 minute drive to Discovery Lake Reserve
• 5 minute drive to Mater Private Hospital
• 5 minute drive to Springfield Central Sports Complex
• 6 minute drive to Orion Springfield Central
• 3 minute drive to Springfield Greenbank Arterial
• 1 minute walk away from proposed shopping centre
Listing description written by Jarrod Scanlan, Harcourts Greater Springfield — reproduced as published, not verified by Districts.