Estimate from records
$774k
Likely range $550k – $1.14M · model suburb-records
Cheero Point rarely goes to auction, so the main model has never seen it. This estimate comes from the suburb's own sales instead: the median of 8 sales over the last 60 months, brought up to date, scaled by this home's land value against the suburb's median, and blended with its own last sale ($800k in Feb 2024, worth about $695k today). Bedrooms play no part in it. Measured on 5,979 such homes sold March to August 2026, this method misses by 15% typically for a house, and the range below held the sale price 80% of the time.
How this estimate was made
- Method: Suburb sales estimator · data through 2026-09-05
- Inputs used for this home: land value, previous sale
- Comparable support: 8 suburb sales inform the local price level.
- When to be more cautious: Condition, aspect, renovation and the contract are not model inputs and can move the sale price.
What is on record
TypeHouse
Bedroomsnot on record; not used by this method
Block size1,005 m²
Land value$622k (July 2025)
Last sale on record$800k (Feb 2024)
ZoneC2