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QLD › Annandale › Marabou Dr

107 Marabou Dr, Annandale QLD 4814

For saleHouse for Sale

$1,000,000

For sale

Asking

5

Bedrooms

3

Bathrooms

2

Car spaces

787 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,000,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,000,000(Listing record · 26 Oct 2023)
  • FactLand 787 m²; no building size recorded.(Property record)
  • CalculationAsk is 28% above the Annandale median recorded sale ($780,000, n=69, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Annandale's advertised median rent ($569/wk), implied gross yield would be 2.96% — 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

$1,000,000

Asking · $1,271/m² of land

No recorded sale for this property.

Annandale at a glance

8,614

People

$780,000

Median sale

$569/wk

Median rent

3.79%

Suburb gross yield

Median sale from 69 recorded sales (last 12 months) — a Districts calculation.

See the full Annandale report →

Vs Annandale

+28.2%

Median sale

Suburb $780,000

-0.83 pp

Gross yield

Suburb 3.79%

Suburb median $780,000 from 69 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,000,000
Stamp Duty (Queensland)
$38,025
Transfer/Registration Fee
$4,066
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
$1,045,791

$45,791 on top of the price (4.6% 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 Annandale's advertised median rent — not a rent for this listing.

Net yield
1.46%
Annual cashflow (pre-tax)
$-37,412
Interest cover (DSCR)
0.28
Annual rent
$29,588
Operating expenses
$15,000
Loan amount
$800,000
Annual interest
$52,000
Gross yield
2.96%

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$1,000,000available26 Oct 2023

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 $569/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 3.0%. 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

Annandale in one glance

Annandale at a glance

8,614

People

$780,000

Median sale

$569/wk

Median rent

3.79%

Suburb gross yield

Median sale from 69 recorded sales (last 12 months) — a Districts calculation.

See the full Annandale report →

Keep researching

  • Why Annandale? Read the area thesis →
  • What else is on the market in Annandale →
  • Other records on Marabou Dr →

Listing material

Listed by Keyes & CO Property

By The River On Marabou

There are riverfront residences that capture just what it means to truly be a part of your surroundings and capitalise on the picturesque views on offer, and then there is number 107 Marabou Drive that knocks it right out of the park! There is little wonder this magnificent family home has not been on the market for over 40 years, and in its time has become somewhat of a landmark property in one of Townsville's most sought-after positions along this beautiful river. The crim-safe screened front verandah is almost 70m2 in size and takes in 180-degree river and park views like no other property along the riverfront. It is the perfect spot for a quiet afternoon BBQ, or the largest of family gatherings which it has done so effortlessly for this family for so long. If you are a family looking for your forever home that even boasts a fully detached and self-contained granny flat/studio apartment, then your search can end right here. With the current owner making the inevitable downsize, this remarkable property presents the opportunity of a lifetime, so don't delay your call. This is one special property!

The Property

- Stunning riverfront residence approx. 500m2 of total area under roof

Read the full description

- 787m2 block in absolute prime riverfront position, never to be built out

- Detached studio apartment/granny flat perfect for extended family, adult children, or student accom with uni so close

- 10KW solar power system with 2-phase power and Tesla Battery, all passing with the property and unencumbered

- Ground floor features practical kitchen including walk-in pantry & twin drawer dishwasher, and separate dining and living rooms

- Floor two has an enormous formal lounge room with cathedral ceilings all taking in those riverfront views

- Step out onto the huge, fully screened verandah from the formal lounge, making the whole space perfect for entertaining

- Moving up to floor three there are four spacious bedrooms and another large lounge room, the perfect space for the kids and their friends to spread out in their own private wing

- Perched up on floor four on both ends of the home are large, open loft-style rooms that can be playrooms/more bedrooms/home offices, or anything else your family may need

- All internal living spaces air-conditioned via split system units

- Master bedroom has his and hers robes and walk-in dressing room adjacent to the updated shower and separate powder room

- In-ground concrete swimming pool with current pool safety certificate

- Low-maintenance lawns and mature gardens all fully irrigated for convenience

- Security and peace of mind with 6 cameras and a 7th on the doorbell that can all be monitored remotely by phone

- This property is in stunning condition for its age and is move-in ready due to tasteful updates along the way, or makes the perfect canvas for you to create your own family's legacy and take it to a whole new level in this prime waterfront location

- This property did not flood in the February 2019 flood event

The Location

- Directly opposite lush parkland and the Ross River

- A short walk to covenience store, chemist, and other specialty shopping at the end of the street

- A short drive to Annandale Central Shopping Centre and Stockland Shopping Centre

- Close proximity to James Cook University

- Close proximity to The Townsville University Hospital

- A short drive to Lavarack Barracks

- Walking distance to parks and playgrounds

- Close proximity to public transport links

- Close to quality Primary and High Schools

Listing description written by Damien Keyes, Keyes & CO Property — reproduced as published, not verified by Districts.

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