Parkwood at a glance
9,138
People
$1,347,500
Median sale
$943/wk
Median rent
3.64%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
QLD › Parkwood › Greenacre Dr
$1,080,000
Last sold
30 Sept 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
665 m²
Land
148 m²
Building
Districts View
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
$1,080,000
30 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in Parkwood (last 5 years) with land size have a median of $1,652/m² of land (n=135). Districts calculation from recorded sales — not a valuation.
Parkwood at a glance
9,138
People
$1,347,500
Median sale
$943/wk
Median rent
3.64%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
Vs Parkwood
-19.9%
Median sale
Suburb $1,347,500
+0.90 pp
Gross yield
Suburb 3.64%
Suburb median $1,347,500 from 60 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 $943/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
Parkwood at a glance
9,138
People
$1,347,500
Median sale
$943/wk
Median rent
3.64%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX AspirePositioned in a sought-after Parkwood location, this lowset home presents an exceptional opportunity for those with vision. Offering a blank canvas ready for transformation, it's the perfect property for renovators, first-home buyers wanting to create their dream home, or savvy investors looking to capitalise on immense potential.
With solid foundations and a practical layout, this home is waiting for a touch of creativity and modern flair to unlock its true value. Whether you're seeking a rewarding project or a smart investment in a high-growth area, this property represents outstanding value and endless possibilities.
As you step inside, you are welcomed by a light-filled open living area that flows seamlessly into the updated kitchen, complete with adjoining dining and living spaces.
Sliding doors extend the interiors to a covered outdoor entertaining area, perfectly positioned to overlook the spacious backyard with plenty of room to add a shed, swimming pool or both. With the added convenience of side access, the possibilities here are endless.
The primary suite is thoughtfully positioned at the front of the home and features its own ensuite and walk-in robe. The additional three bedrooms each include built-in wardrobes and are serviced by a well-appointed family bathroom.
The garage has been converted into a versatile multipurpose space, ideal for a home office, gym or rumpus room, with the option to reinstate it as a double garage if desired.
This property represents a rare chance to secure a spacious home in one of the Gold Coast's most convenient and family-friendly suburbs. With its solid foundations, generous block size and endless potential, it is ready for the right buyer to transform and add significant value. Whether you are an investor, a first home buyer or a family looking to create your dream residence, this home offers lifestyle, opportunity and long-term growth in a highly sought-after location.
Property Features:
- 665sqm block
- Open plan living and dining with split system A/C
- Updated kitchen with island bench, electric cooktop and ample storage
- Second living area
- Spacious outdoor undercover entertaining area
- Huge garden with space for a swimming pool or large shed
- Side access
- Primary suite with ensuite and walk-in robe
- Additional three bedrooms with built-ins
- Family bathroom
- Large laundry
- Multipurpose room conversion
- Shed
- Ceilings fans
- Rental Appraisal $900-$950 if internal areas are painted, doors replaced and light switches upgraded.
Parkwood is a highly sought-after suburb on the northern Gold Coast, prized for its central location, leafy streets, and relaxed family lifestyle. Known for its strong sense of community, the area offers a mix of established homes and modern residences, making it popular with families, professionals, and investors alike.
Residents enjoy easy access to the Gold Coast University Hospital, Griffith University, and the Light Rail, providing seamless connections to Southport, Surfers Paradise, and beyond. Parkwood International Golf Course is a major drawcard, offering resort-style facilities, while nearby shopping centres, cafes, and restaurants add everyday convenience.
With quality schools, parklands, and quick access to the M1, Parkwood strikes the perfect balance between suburban tranquillity and city convenience. It continues to grow in popularity as an area that delivers lifestyle, accessibility, and long-term value.
**Please note that while all due care is taken by RE/MAX Aspire to ensure that the information contained on any website, portal or marketing material is accurate, we accept no responsibility or liability in respect to any inaccuracies, errors or omissions. Prospecting purchasers should do their own independent research and enquiries to verify all information about the property**
Listing description written by Maisie Healy, RE/MAX Aspire — reproduced as published, not verified by Districts.