Tully at a glance
2,482
People
$575,000
Median sale
$434/wk
Median rent
3.92%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
$450,000
For sale
Asking
3
Bedrooms
1
Bathrooms
1
Car spaces
809 m²
Land
Districts View
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
Asking
$450,000
Asking · $556/m² of land
No recorded sale for this property.
Tully at a glance
2,482
People
$575,000
Median sale
$434/wk
Median rent
3.92%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Tully
-21.7%
Median sale
Suburb $575,000
+1.10 pp
Gross yield
Suburb 3.92%
Suburb median $575,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$19,380 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 Tully'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 $434/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 5.0%. 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
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
Tully at a glance
2,482
People
$575,000
Median sale
$434/wk
Median rent
3.92%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Newton Property GroupSet against a striking rainforest-clad mountain backdrop, this solid single-level block home combines practical everyday living with an open rear outlook and a valuable list of recent infrastructure upgrades.
From the large covered rear patio, the property looks across an adjoining field towards the surrounding ranges, creating a peaceful place to entertain, unwind or enjoy the changing Far North Queensland scenery—with no residential neighbour directly behind.
Positioned on approximately 809m², the home features solid masonry block construction internally and externally, three air-conditioned bedrooms and a generous combined lounge and dining area, also equipped with air conditioning. Crisp white interiors, contemporary wood-look flooring, ceiling fans and full screening contribute to its bright, comfortable and easy-care appeal.
The practical white kitchen was installed approximately seven years ago and offers electric cooking, excellent bench space, a double sink, ample cabinetry and a wide servery connecting with the dining area. The spacious bathroom includes a bathtub, separate shower and updated vanity, while a separate internal laundry adds further functionality.
Importantly, several major property expenses have already been addressed. A new roof and gutters were completed in 2026, along with the replacement of the Ergon main electricity supply line. Substantial plumbing replacement has also been completed from the property’s main line through to the laundry, while the hot-water system has been replaced within the past six years.
Offering solid construction, comfortable interiors and reassuring recent improvements, the property will appeal to first-home buyers, families, downsizers and investors seeking a well-located Tully home with room to personalise over time.
Why You’ll Love It
- Solid three-bedroom, one-bathroom masonry block home on approximately 809m²
- New roof and gutters completed in 2026
- Ergon main electricity supply line replaced in 2026
- Substantial plumbing replacement completed from the property’s main line through to the laundry
- Kitchen installed approximately seven years ago
- Contemporary flooring replaced within the past 10 years
- Air conditioning to all three bedrooms and the combined lounge and dining area
- Ceiling fans and full screening throughout
- Front patio and large covered rear patio for relaxed outdoor living and entertaining
- Open field directly behind the property with no rear residential neighbour
- Beautiful outlook towards the surrounding rainforest-clad mountains
- Separate internal laundry and single lock-up garage
- Recently cleaned exterior
- Hot-water system replaced within the past six years
The Location
Conveniently positioned only minutes from central Tully, the property places local shops, supermarkets, schools, sporting facilities, medical services and Tully Hospital within easy reach.
Mission Beach and its tropical coastline are approximately 20 minutes away, while Innisfail is around 40 minutes by road. Surrounded by sugar and banana country and framed by rainforest-covered ranges, Tully offers the everyday convenience of an established regional centre with easy access to the coast and wider Cassowary Coast.
The owner advises that the property has not experienced flooding, providing additional reassurance for buyers considering this well-maintained home.
With its solid construction, substantial recent improvements, generous block and memorable rear outlook, 109 Murray Street presents an appealing opportunity with many of the major expenses already taken care of.
Contact Newton Property Group today to arrange your inspection.
Property Code: 371
Listing description written by Kevin Newton, Newton Property Group — reproduced as published, not verified by Districts.