Andergrove at a glance
10,547
People
$703,000
Median sale
$617/wk
Median rent
4.56%
Suburb gross yield
Median sale from 104 recorded sales (last 12 months) — a Districts calculation.
QLD › Andergrove › Banksia Ave
$955,000
Last sold
18 July 2025
1
Bedrooms
1
Bathrooms
6
Car spaces
19,500 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
$955,000
18 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Andergrove (last 5 years) with land size have a median of $943/m² of land (n=148). Districts calculation from recorded sales — not a valuation.
Andergrove at a glance
10,547
People
$703,000
Median sale
$617/wk
Median rent
4.56%
Suburb gross yield
Median sale from 104 recorded sales (last 12 months) — a Districts calculation.
Vs Andergrove
+35.8%
Median sale
Suburb $703,000
-1.20 pp
Gross yield
Suburb 4.56%
Suburb median $703,000 from 104 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data unavailable for this jurisdiction (no_adapter:QLD)
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
QLDZoning is not available (no_adapter). 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 (no_adapter). 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 $617/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
UnknownZoning is not available (no_adapter).
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 (no_adapter). 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
UnknownNo DA adapter returned applications 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
Andergrove at a glance
10,547
People
$703,000
Median sale
$617/wk
Median rent
4.56%
Suburb gross yield
Median sale from 104 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Gardian Real EstateSet on 1.95 hectares in Andergrove, this magnificent property offers three superb, well-equipped horse paddocks in a serene bush setting with a picturesque dam, shady melaleuca trees and a cabin overlooking the natural beauty.
Accessed from the end of Banksia Avenue, the property features fully fenced paddocks with shelters, feed lockers and troughs fed by the abundant well water that nourishes the grounds.
The property, which has been loved and fastidiously maintained, is perfectly set up for horses with well water pumped to pressured taps in each paddock, sandy loam soil that drains superbly and lush grounds.
The excellent drainage is a feature of the property and makes wet season very manageable when horses or other animals are on the property.
There is easy access for cars and floats and the cabin, which is an approved living space, has been renovated to provide a modern bathroom, kitchen, bedroom, lounge area and entertainment area.
The new owners might be perfectly happy with the cabin, although there is always the option of building your own dream home overlooking this magnificent estate. Equally, the next owners might decide to make use of the property in another way than for horses and make their own use of the abundant space and natural beauty.
An amazing feature of the property is that you feel as though you are in the bush, far from the crowds and all the noise, yet you are conveniently located in suburban Andergrove near schools, shops, medical facilities and everything you need.
The property is registered through the Department of Primary Industries and council to be used for livestock.
The lush grounds are perfect for horses and the well-maintained fencing is a testament to how carefully the current owners have looked after the property.
There is a picturesque spring-fed dam that has never run dry and has been a wonderful backdrop to weddings and other social gatherings that have been held on the property.
Access for cars and floats is straight-forward and the driveway takes you from the end of Banksia Avenue to a parking area and then past the cabin and along the boundary of the property to the end of the rectangular-shaped block of nearly 5 acres.
There are several sheds, lean-tos and carports that can accommodate a range of vehicles, including a caravan or boat.
The air-conditioned cabin is approved through council as a registered living space and is on town water and sewerage.
The cabin is beautifully presented with a renovated bathroom and kitchen, updated flooring, a laundry area and bedroom. There is also a lovely screened outdoor area that serves as a fantastic entertainment area with its own lounge and dining spaces.
There is another little timber cabin that is simply a bedroom and is perfect for guests. The area around the cabin is fenced to keep an eye on kids and dogs.
At this property you are very conveniently located minutes from high schools and primary schools, the fantastic Andergrove shopping complex and other community facilities.
This property has to be seen to be appreciated so give David Fisher a call to arrange an inspection.
Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Listing description written by David Fisher, Gardian Real Estate — reproduced as published, not verified by Districts.