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QLD › Morayfield › Waratah Way

U62, 15 Waratah Way, Morayfield QLD 4506

For saleTownhouse

$699,999

For sale

Asking

3

Bedrooms

2

Bathrooms

1

Car spaces

139 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $699,999 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $699,999(Listing record · 22 July 2026)
  • CalculationAsk is 24% below the Morayfield median recorded sale ($919,250, n=146, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Morayfield's advertised median rent ($610/wk), implied gross yield would be 4.53% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$699,999

Asking · $5,036/m² of land

No recorded sale for this property.

Morayfield at a glance

33,069

People

$919,250

Median sale

$610/wk

Median rent

3.45%

Suburb gross yield

Median sale from 146 recorded sales (last 12 months) — a Districts calculation.

See the full Morayfield report →

Vs Morayfield

-23.9%

Median sale

Suburb $919,250

+1.08 pp

Gross yield

Suburb 3.45%

Suburb median $919,250 from 146 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$699,999
Stamp Duty (Queensland)
$24,525
Transfer/Registration Fee
$2,669
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$730,893

$30,894 on top of the price (4.4% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Morayfield's advertised median rent — not a rent for this listing.

Net yield
3.03%
Annual cashflow (pre-tax)
$-15,180
Interest cover (DSCR)
0.58
Annual rent
$31,720
Operating expenses
$10,500
Loan amount
$559,999
Annual interest
$36,400
Gross yield
4.53%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$699,999available22 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $610/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Morayfield in one glance

Morayfield at a glance

33,069

People

$919,250

Median sale

$610/wk

Median rent

3.45%

Suburb gross yield

Median sale from 146 recorded sales (last 12 months) — a Districts calculation.

See the full Morayfield report →

Keep researching

  • Why Morayfield? Read the area thesis →
  • What else is on the market in Morayfield →
  • Other records on Waratah Way →

Listing material

Listed by BD Realty

INVITING ALL OFFERS

Whether you're searching for your first home, looking to downsize or wanting to expand your investment portfolio, this beautifully presented three-bedroom townhouse offers the perfect combination of comfort, convenience and easy-care living. Positioned in a quiet, well-maintained complex in the heart of Morayfield, you'll enjoy a family-friendly community with excellent schools, abundant parks and sporting facilities, major shopping precincts and fantastic public transport, all just moments from your doorstep.

Step inside to discover a light-filled open plan design that makes everyday living effortless. The kitchen overlooks the living and dining area and is exceptionally well-appointed with 20mm stone benchtops, a breakfast bar, generous three-door pantry, Midea dishwasher and a four-burner Omega electric cooktop and oven. Tiled flooring flows throughout the lower level, while a 7.1kW four-zone Daikin ducted air conditioning system, ceiling fans throughout and a security screen front door ensure year-round comfort. For added peace of mind, the home is also fitted with two Eufy security cameras and NBN fibre-to-the-premises for fast, reliable connectivity.

Upstairs, the king-sized master bedroom offers a relaxing retreat complete with a walk-in wardrobe and private ensuite featuring an oversized shower and stone benchtops. The remaining two bedrooms are fitted with built-in wardrobes and are serviced by a spacious main bathroom, also finished with stone benchtops. Carpet throughout the upper level adds warmth and comfort, while a handy study nook and linen cupboard provide extra functionality for families, professionals or those working from home.

Read the full description

Set on a low-maintenance 139m² block, this home has been thoughtfully designed to make life easy. Enjoy your morning coffee or entertain friends under the covered outdoor patio, while the separate laundry with an additional downstairs toilet adds everyday convenience. There's also a single lock-up garage, generous storage beneath the stairs and plenty of practical features throughout.

Positioned within the Morayfield State School and Morayfield State High School catchments, you're only a short walk to local playgrounds and the lake, while Morayfield Supercentre, Morayfield Shopping Centre and Bruce Highway access are all just minutes away, making this an outstanding lifestyle or investment opportunity.

Townhouses offering this level of quality, comfort and convenience don't stay available for long. Contact Erinn today to arrange your inspection and secure your opportunity before it's gone.

Property Features

General & Outdoor

• Security screen front door

• 139m2 block located in a quiet complex

• Single lock up garage

• Tiles throughout down stairs

• 7.1kW 4 zone daikin ducted air conditioning

• Covered outdoor patio

• Separate laundry

• Toilet downstairs off the laundry

• Walk-in storage cupboard under the stairs

• Ceiling fans throughout

• Electric hot water and electric cooking

• 2x EUFY security cameras

• NBN Fibre to premises

Living & Kitchen

• Fantastic pantry space

• Open plan kitchen, living and dining

• Midea Dishwasher

• 4 burner omega electric cooktop and oven

• 20mm stone bench tops

Bedrooms/Bathrooms

• Carpet upstairs

• 4 zone daikin ducted airconditioning

• Study nook upstairs

• Linen cupboard upstairs

• King sized bedroom

• Walk in wardrobe in master bedroom

• Oversized shower in ensuite

• Stone bench tops in the bathrooms

• Spacious main bathroom

• Built in robes throughout the bedrooms

School catchment area-

• Morayfield State School Prep- Year 6

• Morayfield State High School Year 7- Year 12

Location

• Walking distance to local playgrounds and lake

• 6 minute drive to Morayfield Supercentre

• 7 minutes to Morayfield Shopping Centre

• 10 minutes to Bruce Highway - both north and southbound access

Townhouses offering this level of quality, comfort and convenience don't stay available for long. Contact Erinn today to arrange your inspection and secure your opportunity before it's gone.

Listing description written by Erinn Scells, BD Realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Study
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.