Prestige Rural Residential scarcity near Samford with a slightly better yield read than its neighbours (~2.4%) and 93% owner-occupancy for resale depth.
Price growth has gone backwards over 12 months (-9%) and the five-year price arc is soft (9.9%) with three negative stretches; only 5% of homes are rented, so the tenant pool is a puddle.
The 77.5% 'rent growth' is a two-listing artefact, not a trend — there is no reliable income signal to underwrite, and acreage maintenance runs straight through fund cash flow.
Genuinely scarce land but a non-existent rental market and lumpy price data make it a poor SMSF fit. Only a long-hold capital thesis on a dry, low-maintenance lot could justify it, and even then the yield gap bites.
| Dimension | Verdict | Why |
|---|---|---|
| Capital growth | ◐ Mixed | 9.9% compound over 5 yrs, -9% last 12m. Past growth is already in the price — sustaining it depends on the supply picture below. trend data (this DB) |
| Rental yield | ✗ Bad | 2.4% gross — heavy negative cash flow inside the fund — the growth has to justify it. PropTrack via suburb page |
| Flood risk | ◐ Mixed | No suburb-level flood record; rural-residential on the Samford Rd corridor near Terrors Creek headwaters. Riverine risk low but confirm overland-flow on MBRC Flood Check. MBRC flood mapping (address-level) |
| Crime | ✓ Good | No discrete rate data; rural-acreage locality in the low-crime Ferny Grove division adjoining Samford. Verify on the QPS crime map. RedSuburbs 2024 / QPS crime map (verify) |
| Infrastructure | ◐ Mixed | No local centre; leans on Samford Village retail/schools and Ferny Grove ~15–18 min via Samford Rd; no rail, no in-district hospital. Transport factpack 2026 |
| Owner-occupier appeal | ✓ Good | 93% owned / 5% rented, 92% family households — owner-occupier depth supports prices and resale; verify tenant demand separately (listings volume, room demand). ABS via suburb page |
| New supply risk | ✓ Good | Rural Residential large-lot zoning with a Lot Size Overlay; minimal subdivision — structural scarcity supports established-house values. MBRC Planning Scheme; supply factpack |
| Distance to rail | ✗ Bad | No station; nearest rail Ferny Grove ~15–18 min drive. Translink; transport factpack |
| Housing stock & upkeep | ◐ Mixed | Acreage stock of mixed eras on tank/septic; long driveways and bushfire clearing add upkeep the LRBA cannot fund. editorial — acreage-services judgment |
| Month | Value | Sample |
|---|---|---|
| 2021-07-31 | $1,175,000 | 6 |
| 2021-08-31 | $1,175,000 | 6 |
| 2021-09-30 | $1,300,000 | 8 |
| 2021-10-31 | $1,300,000 | 10 |
| 2021-11-30 | $1,300,000 | 10 |
| 2021-12-31 | $1,300,000 | 10 |
| 2022-01-31 | $1,350,000 | 9 |
| 2022-02-28 | $1,695,000 | 9 |
| 2022-03-31 | $1,695,000 | 9 |
| 2022-04-30 | $1,822,500 | 8 |
| 2022-05-31 | $1,822,500 | 8 |
| 2022-06-30 | $1,822,500 | 8 |
| 2022-07-31 | $1,950,000 | 7 |
| 2022-08-31 | $1,950,000 | 7 |
| 2022-09-30 | $1,950,000 | 5 |
| 2022-10-31 | $2,450,000 | 4 |
| 2022-11-30 | $2,200,000 | 5 |
| 2022-12-31 | $2,000,000 | 6 |
| 2023-01-31 | $2,000,000 | 6 |
| 2023-02-28 | $1,785,000 | 4 |
| 2023-03-31 | $1,770,000 | 5 |
| 2023-04-30 | $1,720,000 | 7 |
| 2023-05-31 | $1,635,000 | 10 |
| 2023-06-30 | $1,635,000 | 10 |
| 2023-07-31 | $1,635,000 | 10 |
| 2023-08-31 | $1,670,000 | 11 |
| 2023-09-30 | $1,670,000 | 13 |
| 2023-10-31 | $1,670,000 | 12 |
| 2023-11-30 | $1,670,000 | 10 |
| 2023-12-31 | $1,670,000 | 9 |
| 2024-01-31 | $1,670,000 | 9 |
| 2024-02-29 | $1,670,000 | 11 |
| 2024-03-31 | $1,670,000 | 11 |
| 2024-04-30 | $1,670,000 | 10 |
| 2024-05-31 | $1,710,000 | 8 |
| 2024-06-30 | $1,670,000 | 9 |
| 2024-07-31 | $1,670,000 | 9 |
| 2024-08-31 | $1,670,000 | 9 |
| 2024-09-30 | $1,750,000 | 9 |
| 2024-10-31 | $2,000,000 | 11 |
| 2024-11-30 | $2,000,000 | 11 |
| 2024-12-31 | $2,000,000 | 11 |
| 2025-01-31 | $1,875,000 | 12 |
| 2025-02-28 | $1,750,000 | 11 |
| 2025-03-31 | $1,875,000 | 10 |
| 2025-04-30 | $2,000,000 | 9 |
| 2025-05-31 | $2,000,000 | 9 |
| 2025-06-30 | $2,050,000 | 8 |
| 2025-07-31 | $2,050,000 | 8 |
| 2025-08-31 | $1,932,500 | 10 |
| 2025-09-30 | $1,865,000 | 9 |
| 2025-10-31 | $1,825,000 | 7 |
| 2025-11-30 | $1,845,000 | 8 |
| 2025-12-31 | $1,845,000 | 8 |
| 2026-01-31 | $1,865,000 | 7 |
| 2026-02-28 | $1,865,000 | 9 |
| 2026-03-31 | $1,865,000 | 9 |
| 2026-04-30 | $1,902,500 | 10 |
| 2026-05-31 | $1,865,000 | 9 |
| 2026-06-30 | $1,865,000 | 9 |
| Month | Value | Sample |
|---|---|---|
| 2021-07-31 | $980/wk | 1 |
| 2021-08-31 | $980/wk | 1 |
| 2021-09-30 | $980/wk | 1 |
| 2021-10-31 | $980/wk | 1 |
| 2021-11-30 | $980/wk | 1 |
| 2021-12-31 | $980/wk | 1 |
| 2022-01-31 | $980/wk | 1 |
| 2022-02-28 | $980/wk | 1 |
| 2022-03-31 | $980/wk | 1 |
| 2022-04-30 | $815/wk | 2 |
| 2022-05-31 | $650/wk | 1 |
| 2022-06-30 | $650/wk | 1 |
| 2022-07-31 | $650/wk | 1 |
| 2022-08-31 | $650/wk | 1 |
| 2022-09-30 | $650/wk | 1 |
| 2022-10-31 | $650/wk | 1 |
| 2022-11-30 | $650/wk | 1 |
| 2022-12-31 | $650/wk | 1 |
| 2023-01-31 | $650/wk | 1 |
| 2023-02-28 | $950/wk | 2 |
| 2023-03-31 | $950/wk | 2 |
| 2023-04-30 | $1,250/wk | 1 |
| 2023-05-31 | $1,250/wk | 1 |
| 2023-06-30 | $1,250/wk | 1 |
| 2023-07-31 | $1,275/wk | 2 |
| 2023-08-31 | $1,275/wk | 2 |
| 2023-09-30 | $1,275/wk | 2 |
| 2023-10-31 | $1,275/wk | 2 |
| 2023-11-30 | $1,275/wk | 2 |
| 2023-12-31 | $1,275/wk | 2 |
| 2024-01-31 | $1,275/wk | 2 |
| 2024-02-29 | $1,300/wk | 1 |
| 2024-03-31 | $1,300/wk | 1 |
| 2024-04-30 | $1,300/wk | 1 |
| 2024-05-31 | $1,300/wk | 1 |
| 2024-06-30 | $1,300/wk | 1 |
| 2025-03-31 | $490/wk | 1 |
| 2025-04-30 | $490/wk | 1 |
| 2025-05-31 | $490/wk | 1 |
| 2025-06-30 | $490/wk | 1 |
| 2025-07-31 | $490/wk | 1 |
| 2025-08-31 | $490/wk | 1 |
| 2025-09-30 | $490/wk | 1 |
| 2025-10-31 | $870/wk | 2 |
| 2025-11-30 | $870/wk | 2 |
| 2025-12-31 | $870/wk | 2 |
| 2026-01-31 | $870/wk | 2 |
| 2026-02-28 | $870/wk | 2 |
| 2026-03-31 | $870/wk | 2 |
| 2026-04-30 | $870/wk | 2 |
| 2026-05-31 | $870/wk | 2 |
| 2026-06-30 | $870/wk | 2 |
| 2 bed | 3 bed | 4 bed | 5+ bed | |
|---|---|---|---|---|
| Median price | — | $1.30m | $1.97m | $1.94m |
| Median rent | — | $1,000/wk | — | — |
| Implied yield | — | 4.0% | — | — |
| Address | Sold price |
|---|---|
| 4 Jagera Court, Closeburn | $2,770,000 |
| 4 Andrew Road, Closeburn | $2,200,000 |
| 19 Seraya Court, Closeburn | $1,715,000 |
| 38 Andrew Road, Closeburn | $1,230,000 |