Richlands at a glance
6,856
People
$1,000,000
Median sale
$593/wk
Median rent
3.08%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
QLD › Richlands › Castamore Way
For sale
For sale
4
Bedrooms
2
Bathrooms
2
Car spaces
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
Asking
No recorded sale price for this property yet.
Richlands at a glance
6,856
People
$1,000,000
Median sale
$593/wk
Median rent
3.08%
Suburb gross yield
Median sale from 9 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 $593/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
Richlands at a glance
6,856
People
$1,000,000
Median sale
$593/wk
Median rent
3.08%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Place Kangaroo PointPerfect for families, downsizers, investors and those seeking a low-maintenance lifestyle, this beautifully presented townhome combines generous proportions with modern comfort. Offering three spacious bedrooms, plus the option of easily adding a fourth, a secure double garage, a private courtyard and access to resort-style facilities, this is an outstanding opportunity in a sought-after Richlands location.
Contemporary in its design, the home features:
- Light-filled open-plan living and dining area flowing effortlessly to the outdoor entertaining space
- Stylish modern kitchen complete with breakfast bar, stainless-steel appliances, tiled splashback and ample cupboard storage
- Covered alfresco patio, perfect for entertaining family and friends
- Fully fenced rear courtyard with established gardens and low-maintenance lawn
- Convenient downstairs powder room
- Spacious master bedroom with walk-in robe, private ensuite and air-conditioning
- Two additional bedrooms, each with built-in robes and ceiling fans
- Upstairs family room which can easily convert to a fourth bedroom if needed
- Well-appointed main bathroom featuring a separate bath and shower
- Internal laundry
- Double lock-up garage with secure internal access
- Air-conditioning to the living area and master bedroom, plus ceiling fans throughout
- Excellent storage throughout
- Access to the complex's sparkling in-ground swimming pool
Conveniently positioned with easy access to the Centenary Highway, this fantastic home is just minutes from Forest Lake Shopping Centre, Richlands Train Station, local cafés, restaurants and the picturesque Lake Parklands. Inala Plaza and the Ipswich Motorway are also within close reach, making commuting a breeze.
Located within the Richlands East State School and Glenala State High School catchments, the property is also close to Saint Mark's Catholic Primary School, Australian International Islamic College and Saint John's Anglican College.
Property Details
Year Built 2022
Quarterly rates: $611.80 approx
Annual body corporate fees: $4,912.40 approx
Tenancy: $710 per week (lease ending 01 Feb 2027)
Disclaimer
This property has been virtually styled to showcase its potential. Images are for marketing purposes only and may differ from the property's current presentation.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Listing description written by Rebecca Russell, Place Kangaroo Point — reproduced as published, not verified by Districts.
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