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QLD › Rasmussen › Josephine Cres

11 Josephine Cres, Rasmussen QLD 4815

For saleSemi-detached

$899,000

For sale

Asking

4

Bedrooms

4

Bathrooms

2

Car spaces

591 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $899,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $899,000(Listing record · 30 July 2026)
  • FactLand 591 m²; no building size recorded.(Property record)
  • CalculationRecorded Semi-detached sales in Rasmussen (last 5 years) with land size: median $966/m² of land (n=3). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 47% above the Rasmussen median recorded sale ($611,250, n=40, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Rasmussen's advertised median rent ($506/wk), implied gross yield would be 2.93% — 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

$899,000

Asking · $1,521/m² of land

No recorded sale for this property.

Local land rate: recorded Semi-detached sales in Rasmussen (last 5 years) with land size have a median of $966/m² of land (n=3). Districts calculation from recorded sales — not a valuation.

Rasmussen at a glance

5,039

People

$611,250

Median sale

$506/wk

Median rent

4.30%

Suburb gross yield

Median sale from 40 recorded sales (last 12 months) — a Districts calculation.

See the full Rasmussen report →

Vs Rasmussen

+47.1%

Median sale

Suburb $611,250

-1.37 pp

Gross yield

Suburb 4.30%

Suburb median $611,250 from 40 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$899,000
Stamp Duty (Queensland)
$33,480
Transfer/Registration Fee
$3,600
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
$939,780

$40,780 on top of the price (4.5% 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 Rasmussen's advertised median rent — not a rent for this listing.

Net yield
1.43%
Annual cashflow (pre-tax)
$-33,921
Interest cover (DSCR)
0.27
Annual rent
$26,312
Operating expenses
$13,485
Loan amount
$719,200
Annual interest
$46,748
Gross yield
2.93%

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$899,000available30 July 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 $506/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 2.9%. 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

Rasmussen in one glance

Rasmussen at a glance

5,039

People

$611,250

Median sale

$506/wk

Median rent

4.30%

Suburb gross yield

Median sale from 40 recorded sales (last 12 months) — a Districts calculation.

See the full Rasmussen report →

Keep researching

  • Why Rasmussen? Read the area thesis →
  • What else is on the market in Rasmussen →
  • Other records on Josephine Cres →

Listing material

Listed by Ray White Townsville

Rare Opportunity - Brand-New NDIS-Approved Duplex on One Title

An exceptional opportunity awaits with this stunning brand-new duplex on one title, thoughtfully designed and fully NDIS approved. Whether you're searching for a high-performing investment, specialist disability accommodation, or the perfect home for elderly or disabled family members, this property delivers outstanding functionality without compromising on style or comfort.

Each beautifully appointed residence features two bedrooms, two bathrooms, and a thoughtfully designed floorplan that provides seamless wheelchair accessibility throughout the entire home. Every detail has been carefully considered to promote independence, including accessible bathrooms with wheelchair-friendly showers and toilets designed specifically for people with disabilities.

A standout feature is the front bedroom, which has its own private external entrance, allowing occupants or carers to come and go independently without needing to access the main front door.

Read the full description

While purpose-built for accessibility, these homes feel anything but clinical. Instead, they offer a warm, welcoming atmosphere with quality finishes and contemporary styling throughout. Beautiful timber-look flooring flows through the main living areas, complemented by plush new carpets in the bedrooms, creating a home that is both practical and inviting.

At the heart of each home is a stunning chef's kitchen featuring:

Gorgeous white subway tile splashback

Modern stainless-steel appliances

Walk-in pantry

Bright, open design with ample storage and preparation space

Outside, the landscaped gardens have been beautifully completed with fresh mulch and low-maintenance planting, creating an attractive outdoor setting ready to enjoy from day one.

Perfectly positioned, this exceptional duplex is located close to quality schools, local shopping centres and everyday conveniences, while being just a stone's throw from the popular Riverway precinct. Here you'll enjoy an outstanding lifestyle with an outdoor lagoon-style swimming pool, cafe, scenic walking paths, cycling tracks, parklands and recreational facilities, making it a wonderful location for residents, carers and visiting family alike.

Additional Features

• Brand-new duplex on one title

• Both units/dwellings on one title so no body corporate fees!

• Fully NDIS-approved design

• Two spacious 2-bedroom, 2-bathroom residences

• Wheelchair accessible throughout

• Accessible bathrooms with disability-friendly shower and toilet facilities

• Private external access to the front bedroom in each unit

• Beautiful timber-look flooring

• Plush new carpets to bedrooms

• Designer kitchens with walk-in pantry

• White subway tile splashbacks

• Modern appliances throughout

• Freshly landscaped, low-maintenance gardens

• Close to shops, schools and everyday amenities

• Moments from Riverway's swimming lagoon, cafes, walking trails and bike paths

• Ideal for SDA/NDIS investors, extended families or specialist accommodation providers

• Outstanding opportunity to secure a purpose-built investment in a growing market

This is a truly rare opportunity to secure a purpose-built duplex that perfectly blends accessibility, quality craftsmanship, modern living and an unbeatable lifestyle location. Whether you're investing in the growing SDA/NDIS market or looking for an exceptional home for extended family, this remarkable property is one not to be missed.

Listing description written by Laura Law, Ray White Townsville — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Ensuites: 2
  • Secure Parking
  • Toilets: 2
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.