Meridan Plains at a glance
4,570
People
$1,006,000
Median sale
$742/wk
Median rent
3.84%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
QLD › Meridan Plains › Ruby Cres
5
Bedrooms
3
Bathrooms
3
Car spaces
600 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Meridan Plains (last 5 years) with land size have a median of $2,189/m² of land (n=121). Districts calculation from recorded sales — not a valuation.
Meridan Plains at a glance
4,570
People
$1,006,000
Median sale
$742/wk
Median rent
3.84%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
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 $742/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
Meridan Plains at a glance
4,570
People
$1,006,000
Median sale
$742/wk
Median rent
3.84%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Adams & Jones Property Specialists MinyamaFramed by the lush surrounds of Bancrofts Redgum Environmental reserve, this exciting dual living prospect embraces a community spirit in a quiet family friendly neighbourhood with an easy care lifestyle
Easy low maintenance living on one level is the focus, with each well appointed duplex utilizing a palate of neutral tones and modern finishes.
The main residence offers plenty of space for the family with open plan living complemented by the centrally located kitchen. It forms the hub of the home and extends through to three bedrooms, two bathrooms, double garaging and a comfortable alfresco patio and rear yard
The second unit comes complete with a combined dining, lounge and kitchen, two bedrooms, bathroom and private courtyard and grassed backyard
The hard work is already done, with tenants in place and currently obtaining a combined rental return of $885.00 per week (refer below)
2 Bed, 1 bath, 1 car @ $420 per week – Leased until 7 October 2022
3 Bed, 2 bath, 2 car @ $465 per week – Leased until 30 Sept 2022
With assured convenience of access to Parklands shopping facility, the newly established community Centre, Meridan State School, walking paths and so much more, everything you need is all within easy reach
For the avid investor capital growth on the coast is strong so there is no better time to add to your portfolio. With extremely low rental vacancy rates this makes an outstanding investment option providing excellent security with premium returns.
With the owners committed to pass the opportunity on, be prepared to act fast!
• Suitable for owner occupier or investor
• Excellent dual occupancy opportunity
• Tenants in place
• Alfresco patios, fully fenced level yards
• Short stroll to Meridan State College
• Easy walk to Parklands Shopping Centre
• Short drive to pristine beaches
Listing description written by Karen Jones, Adams & Jones Property Specialists Minyama — reproduced as published, not verified by Districts.