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QLD › Gatton › Wilks St

1 Wilks St, Gatton QLD 4343

For saleHouse for Sale

$575,000

For sale

Asking

3

Bedrooms

1

Bathrooms

2

Car spaces

670 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $575,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $575,000(Listing record · 13 May 2026)
  • FactLand 670 m²; no building size recorded.(Property record)
  • CalculationAsk is 20% below the Gatton median recorded sale ($720,000, n=49, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Gatton's advertised median rent ($496/wk), implied gross yield would be 4.49% — 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

$575,000

Asking · $858/m² of land

No recorded sale for this property.

Gatton at a glance

8,797

People

$720,000

Median sale

$496/wk

Median rent

3.58%

Suburb gross yield

Median sale from 49 recorded sales (last 12 months) — a Districts calculation.

See the full Gatton report →

Vs Gatton

-20.1%

Median sale

Suburb $720,000

+0.91 pp

Gross yield

Suburb 3.58%

Suburb median $720,000 from 49 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$575,000
Stamp Duty (Queensland)
$18,900
Transfer/Registration Fee
$2,110
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
$599,710

$24,710 on top of the price (4.3% 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 Gatton's advertised median rent — not a rent for this listing.

Net yield
2.99%
Annual cashflow (pre-tax)
$-12,733
Interest cover (DSCR)
0.57
Annual rent
$25,792
Operating expenses
$8,625
Loan amount
$460,000
Annual interest
$29,900
Gross yield
4.49%

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$575,000available13 May 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 $496/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

Gatton in one glance

Gatton at a glance

8,797

People

$720,000

Median sale

$496/wk

Median rent

3.58%

Suburb gross yield

Median sale from 49 recorded sales (last 12 months) — a Districts calculation.

See the full Gatton report →

Keep researching

  • Why Gatton? Read the area thesis →
  • What else is on the market in Gatton →
  • Other records on Wilks St →

Listing material

Listed by Gatton Real Estate

CHARACTER, STUDIO & VERSATILITY IN PRIME GATTON POSITION

With polished timber floors, soaring ceilings and a warm, welcoming atmosphere, 1 Wilks Street, Gatton is a home that immediately captures attention with its charm, comfort and practicality. Positioned on a generous 670m² corner allotment in a quiet cul-de-sac directly opposite a council park, this beautifully maintained timber residence blends timeless character with thoughtful modern updates, creating an exceptional opportunity for first home buyers, downsizers and investors alike. Designed for easy living and effortless entertaining, the property also features established edible gardens, inviting outdoor spaces and a versatile powered studio, offering far more than first meets the eye.

Property Features & Benefits:

• Generous 670m² fully fenced corner block positioned in a cul-de-sac offering privacy and extra outdoor space, directly opposite council park providing additional space for families and recreation

Read the full description

• Charming timber residence combining classic character with modern practicality

• Beautiful polished timber floors throughout creating warmth, elegance and easy-care living

• Impressive 2.7 metre high ceilings enhancing natural light and spaciousness throughout the home

• Three-bedroom floorplan ideal for families, couples, downsizers or investment flexibility

• Main bedroom featuring four-bay built-in robes providing exceptional storage

• Third bedroom complete with ceiling fan for added comfort

• Open plan dining and lounge area with air conditioning creating a comfortable central living space year-round

• Updated kitchen featuring soft-close drawers, modern convection cooktop, oven and rangehood blending style with functionality

• Character-filled bathroom complete with shower, vintage sink, clawfoot bath and stunning leadlight feature window

• Internal laundry with built-in cabinetry and additional separate toilet for everyday convenience

• Security screens throughout offering peace of mind and excellent airflow

• Screened undercover front patio with decorative privacy panels creating the perfect outdoor entertaining or relaxation space

• Paved and stone pathways weaving through the gardens adding charm and usability to the outdoor areas

• Well-established garden beds enhancing street appeal and creating a tranquil atmosphere

• Established edible garden including custard apple, citrus, banana, pawpaw and sugar cane allowing buyers to enjoy homegrown produce year-round

• Inviting fire pit area ideal for entertaining friends and family during cooler evenings

• Powered, lined studio with built-in robe offering incredible versatility as a teenager's retreat, creative studio, guest accommodation or work-from-home space

• Large 6m x 6m powered two-bay shed with lighting, wide-clearance sliding doors and security-screened windows perfect for vehicles, storage, hobbies or workshop use

• New roof and awning installed providing long-term peace of mind and improved presentation

• Two whirlybirds assisting ventilation and energy efficiency throughout the home

• Electric hot water system for reliable everyday convenience

• Convenient location close to Gatton CBD, shops, schools and essential services

• Outstanding opportunity for first home buyers, downsizers or investors seeking great position in a high-demand area.

Positioned in the heart of the thriving Lockyer Valley, Gatton continues to establish itself as one of South East Queensland's most attractive destinations for families, investors and downsizers seeking affordability, lifestyle and long-term growth potential. Located approximately 1 hour and 15 minutes from Brisbane, just 10 minutes from the rapidly developing Plainland precinct and approximately 30 minutes to Toowoomba, Gatton offers exceptional accessibility while maintaining the relaxed charm of regional living. Continued infrastructure investment, expanding employment opportunities and strong population growth throughout the region are driving increasing demand for quality housing. Families are drawn to the area for its welcoming community, schools and lifestyle benefits, while downsizers appreciate the affordability, space and slower pace of living. Investors continue to recognise the Lockyer Valley's strong future potential as nearby development and rising property demand place increasing attention on well-positioned homes within commuting distance to major centres. With Plainland's rapid expansion and the region forecast for ongoing growth, Gatton remains an outstanding location to secure property now and benefit into the future.

Offering character, versatility and inviting indoor and outdoor living spaces, 1 Wilks Street presents an exceptional opportunity to secure a charming property in one of South East Queensland's fastest growing regional communities - whether you're searching for a move-in ready home or a property with exciting scope to renovate and maximise its potential. To find out more or arrange your inspection, contact Allison on 0423 301 315 or Shelley on 0448 408 649 today.

Listing description written by Allison Vinckier, Gatton Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Floorboards
  • Fully Fenced
  • Rumpus Room
  • Secure Parking
  • Shed
  • Toilets: 1
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.