The Gap at a glance
18,470
People
$1,408,750
Median sale
$741/wk
Median rent
2.74%
Suburb gross yield
Median sale from 62 recorded sales (last 12 months) — a Districts calculation.
QLD › The Gap › Waterworks Rd
$1,020,000
Last sold
22 June 2022
4
Bedrooms
2
Bathrooms
1
Car spaces
438 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
$1,020,000
22 June 2022 · derived via latest_sale
Local land rate: recorded House sales in The Gap (last 5 years) with land size have a median of $1,974/m² of land (n=91). Districts calculation from recorded sales — not a valuation.
The Gap at a glance
18,470
People
$1,408,750
Median sale
$741/wk
Median rent
2.74%
Suburb gross yield
Median sale from 62 recorded sales (last 12 months) — a Districts calculation.
Vs The Gap
-27.6%
Median sale
Suburb $1,408,750
+1.04 pp
Gross yield
Suburb 2.74%
Suburb median $1,408,750 from 62 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 $741/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
The Gap at a glance
18,470
People
$1,408,750
Median sale
$741/wk
Median rent
2.74%
Suburb gross yield
Median sale from 62 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Avenue PropertySOLD BY CHRIS GILMOUR 0438 632 459...
Nestled directly across from the Ashgrove Golf Course and set within the prized school catchment area for The Gap, this is a home you simply can't go past. The stunning interior is bright, stylish and sophisticated with a host of contemporary touches throughout that ensure this is a property that will impress even the most discerning house-hunter.
The layout spans two levels with the hub of the home sure to be the open-plan kitchen, dining and lounge room. Split system air-conditioning has been installed for absolute comfort plus there's on-trend flooring, crisp white walls and bi-fold doors that create a seamless connection with the covered patio.
The kitchen will feel as though it's been pulled straight from the pages of an interior design magazine with flawless finishes and fixtures on show. A centre island and stone benchtops are all yours along with statement lighting, a suite of premium appliances, integrated dishwasher and plenty of storage within the chic cabinetry.
All four bedrooms are a great size including the three main-floor bedrooms, each with a built-in robe and a ceiling fan. A central main bathroom, with a double vanity, a walk-in shower and a separate water closet, ensures absolute convenience plus there's also a compact laundry nook off the main hallway.
Upstairs, you will find a second living area with a towering vaulted and beamed ceiling that soars overhead. A second-floor balcony provides an idyllic place to warm into the day with your morning coffee or you can wind down with a nightcap before heading into your upper-level master suite.
This owner's haven is a true retreat with the same breathtaking vaulted ceiling, a skylight, two expansive walk-in robes and your dream ensuite. A freestanding soaking tub and a walk-in shower await along with a double vanity with quality tapware.
There's a single garage with the added bonus of another 2 car park spaces out front, under-stair storage and a landscaped backyard with room to gather with guests or relax while the kids play. Local shops, bus stops and pretty parks are within easy walking distance and you're just minutes from The Gap State High School for those with kids.
Disclaimer:
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Chris Gilmour, Avenue Property — reproduced as published, not verified by Districts.