Walkervale at a glance
3,043
People
$610,000
Median sale
$521/wk
Median rent
4.44%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
QLD › Walkervale › Targo St
6
Bedrooms
4
Bathrooms
2
Car spaces
1,012 m²
Land
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
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.
Walkervale at a glance
3,043
People
$610,000
Median sale
$521/wk
Median rent
4.44%
Suburb gross yield
Median sale from 41 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 $521/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
Walkervale at a glance
3,043
People
$610,000
Median sale
$521/wk
Median rent
4.44%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Explore Property Bundaberg Region160 Targo Street is an exciting investment opportunity for someone looking to take advantage of our strong rental market here in the Bundaberg region. Perched on a 1,012 sqm block these units are equally split with private 6ft fencing surrounds, the duplex was built in 2014 and presents like new with next to no maintenance, you'll be well ahead in this region with our vacancy rates still well and truly below 1 percent continuing to enforce the strength of our property market. Both sides of this property are currently tenanted on fixed term leases, 160A paying $358 per week under a Qld Government Headlease - continuation options available and 160B paying $360.00 per week until June 2023.
Just a mirror image of one another these units are nothing short of space and features including open plan kitchen and dining area including lounge room, three bedrooms, two bathrooms, single lock-up garage, and a fully fenced backyard. The open plan air-conditioned living area positioned at the central of the home is certainly a generously sized space and opens out to the rear patio, the kitchen features under bench oven, ceramic cook top, dishwasher and plenty of storage & bench space.
All three bedrooms in each unit with built-in-robes, ceiling fans the masters with an ensuite & walk in robe plus direct access to outdoor live space. The main bathrooms with bathtub and shower, separate toilet and great sized laundries with large linen cupboard.
Relax below the covered entertaining space leading off the main living areas which all overlook the backyard. There is plenty of lawn for pets to enjoy and the best part of this property is its very low maintenance leaving anyone little to do but keep the lawns mowed.
Investing in a property such as 160 Targo Street, Walkervale is an exciting opportunity for someone looking to get into the Bundaberg property market. With long term established tenants this modern low maintenance property is sure to be hot among the investor, call Exclusive listing Agent Rob Prendergast and arrange your inspection.
At a Glance -
Modern duplex, built in 2014 and located within easy walking distance multiple amenities.
Each unit has 3 built-in bedrooms and 2 bathrooms & tiled.
Master bedrooms complete with ensuites and walk in robe, access to outdoor area.
Kitchens have dishwashers, Stainless steel appliances and abundance of bench /storage space.
Air Conditioner to main living space, tile flooring.
Covered outdoor entertaining areas and fully fenced back yards.
Current rent appraisal is $450.00 to $460.00 per week per unit.
Each unit has single security parking garage for your car with remote access.
Security screens on windows and doors throughout.
No strata title fees or Body Corporates to deal with however, each unit has its own individual water meter and could be strata titled for minimum cost and effort.
Live in one of the units and rent out the other or rent them all out, the choice is yours.
Bundaberg Regional Council Rates per half year - Approximately $1,600 per unit.
Disclaimer:
The Agent does not give any warranty as to errors or omissions, if any, in these particulars, the provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.
Listing description written by Rob Prendergast, Explore Property Bundaberg Region — reproduced as published, not verified by Districts.