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QLD › Alice River › Banjo St

1 Banjo St, Alice River QLD 4817

House

$980,000

Last sold

5 Feb 2025

4

Bedrooms

2

Bathrooms

7

Car spaces

2,240 m²

Land

240.16 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $980,000 (5 Feb 2025).(Recorded sale)
  • CalculationLand 2,240 m² against a 240 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Alice River (last 5 years) with land size: median $188/m² of land (n=104). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

What this lot has actually traded at

Last sold

$980,000

5 Feb 2025 · derived via latest_sale

Local land rate: recorded House sales in Alice River (last 5 years) with land size have a median of $188/m² of land (n=104). Districts calculation from recorded sales — not a valuation.

Alice River at a glance

3,178

People

$920,000

Median sale

$621/wk

Median rent

3.51%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Alice River report →

Vs Alice River

+6.5%

Median sale

Suburb $920,000

-0.21 pp

Gross yield

Suburb 3.51%

Suburb median $920,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$980,0005 Feb 2025
  2. Listedprice unknowncompleted26 Oct 2024
  3. Listedprice unknowncompleted26 Oct 2024

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 $621/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

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

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

Alice River in one glance

Alice River at a glance

3,178

People

$920,000

Median sale

$621/wk

Median rent

3.51%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Alice River report →

Keep researching

  • Why Alice River? Read the area thesis →
  • What else is on the market in Alice River →
  • Other records on Banjo St →

Listing material

Listed by For Sale By Owner

Space, Serenity and a touch of country living!

Welcome to No. 1 Banjo Street, Alice River.

This property masterfully blends the comforts of a modern home with the charm of a shed, ensuring everyone is satisfied. It feels brand new, boasting fresh interior paint and new carpeting throughout.

As you step inside, you'll find a spacious open-plan living area that seamlessly extends to the outdoor entertainment space, ideal for hosting gatherings or soaking in the stunning views of Mount Margaret.

Read the full description

The gourmet kitchen is a true highlight, featuring an inviting island bench, soft-close cabinets, and elegant stone countertops. With a walk-in pantry, ample storage, premium appliances, and island seating, it's perfect for entertaining.

The main bedroom serves as a personal retreat, spacious enough for a king-size bed and equipped with a walk-in robe and a private ensuite.

The additional bedrooms are thoughtfully placed for privacy, each featuring A/C split systems and built-in robes, making them ideal for guests or family members. The property also includes a 6.6 kW solar system and solar hot water, helping to keep energy costs low.

The standout feature is the practical shed, perfect for vehicle enthusiasts and hobbyists. It boasts a three-bay design with a wraparound lean-to, providing ample indoor and outdoor parking space for all your toys, plus a 4.2t car hoist at its center.

The layout has been carefully designed, with the house and shed positioned to allow dual access to the backyard. A large concrete driveway makes maneuvering trailers and vehicles effortless.

The landscaping is low-maintenance yet beautifully designed, featuring manicured hedges, an automatic irrigation system, lush turf, stunning sandstone garden beds, a retaining wall, and a professionally built fire pit-perfect for enjoying weekend gatherings.

Situated in the desirable Mount Margaret Estate, this quality family home encompasses all the luxury features of an acreage property. With its neutral tones, open floor plan, spacious powered shed, and energy-efficient solar system, it truly exemplifies the best of big block living.

Key Features:

- Large 2240sqm block with exceptional street frontage

- Four bedrooms plus a study and theatre room

- Open plan living and dinning areas

- Gourmet kitchen with walk-in pantry

- Master ensuite with his and her shower and walk-in wardrobe

- Freshly painted inside and new carpets throughout

- 6.6kw solar and solar hot water system

- Large 12.5m x 9m powered shed with additional wrap around lean too

- 4.5tne two post car hoist

- Dual access to the rear of the property

- automatic irrigation system to front and back yard

- Sandstone retaining wall and garden beds

- Professionally built fire pit

- Large concrete driveways to the garage and shed

Located just 15 minutes from Willows Shopping Centre and the Riverway Precinct, this area is highly coveted for its convenience and lifestyle offerings.

Don't miss the opportunity to secure this meticulously designed home in Mount Margaret Estate.

The Phone Code for this property is: 88069. Please quote this number when phoning or texting.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Listing description written by For Sale By Owner (QLD), For Sale By Owner — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage
  • Rumpus Room
  • 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.