Garbutt at a glance
2,507
People
$620,000
Median sale
$417/wk
Median rent
3.50%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
$595,000
For sale
Asking
3
Bedrooms
1
Bathrooms
7
Car spaces
708 m²
Land
Districts View
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
Asking
$595,000
Asking · $840/m² of land
No recorded sale for this property.
Garbutt at a glance
2,507
People
$620,000
Median sale
$417/wk
Median rent
3.50%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Vs Garbutt
-4.0%
Median sale
Suburb $620,000
+0.14 pp
Gross yield
Suburb 3.50%
Suburb median $620,000 from 31 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$25,704 on top of the price (4.3% extra)
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.
Pre-filled with Garbutt's advertised median rent — not a rent for this listing.
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.
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 $417/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.
Gross yield if leased at the suburb aggregate is 3.6%. 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
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
Garbutt at a glance
2,507
People
$620,000
Median sale
$417/wk
Median rent
3.50%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Raine & Horne TownsvilleWelcome to your next commercial investment property.
Positioned in a highly convenient Garbutt location just minutes from the Townsville CBD, this solid timber property presents an outstanding opportunity for investors seeking immediate income, a versatile property and excellent future potential.
Currently leased to a commercial business at $3,000 per month, the property offers an attractive income stream from day one, while its generous 708sqm fully fenced allotment, extensive shedding and central location add even further appeal.
Inside, the home retains plenty of character, with polished timber floorboards flowing throughout the majority of the property. Split-system air conditioning and ceiling fans provide year-round comfort, while security cameras add an additional level of practicality.
The kitchen features easy-care vinyl flooring, while to the rear of the property is a secure, lockable laundry and storage area.
One of the standout features is the impressive 6m x 9m shed, complemented by additional storage sheds, making the property particularly appealing to businesses, tradespeople, investors or buyers requiring substantial storage and workspace.
Property Highlights
• Currently commercially leased at $3,000 per month
• Solid timber construction
• Convenient Garbutt location close to the Townsville CBD
• Walking distance to Garbutt Shopping Centre
• Easy access to public transport and major arterial roads
• Polished timber floorboards throughout
• Split-system air conditioning
• Ceiling fans throughout
• Security camera system
• Rear lockable laundry and storage area
• Impressive 6m x 9m shed
• Additional storage sheds
Fully fenced 708sqm allotment
Excellent investment and future-use potential
With an established commercial tenant already in place, substantial shedding and a location offering easy access to the CBD, shops and transport, this is a property that deserves serious consideration.
Invest now, enjoy the existing income and secure a versatile property with plenty of future potential.
Contact Steve Leaumont on 0499 500 032 or Scarlett Stinton on 0400 018 261 to arrange your inspection today.
Disclaimer
Raine & Horne Townsville has taken all reasonable steps to ensure the information contained in this advertisement is accurate; however, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies or misstatements. Prospective purchasers should make their own enquiries to verify the information contained herein.
Listing description written by Steve Leaumont, Raine & Horne Townsville — reproduced as published, not verified by Districts.