Redridge at a glance
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Median sale
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Median rent
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Suburb gross yield
QLD › Redridge › Leesons Rd
$1,200,000
For sale
Asking
4
Bedrooms
3
Bathrooms
8
Car spaces
297,600 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
$1,200,000
Asking · $4/m² of land
No recorded sale for this property.
Redridge at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
$58,222 on top of the price (4.9% 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.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
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 and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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.
0 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
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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
Redridge at a glance
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Median sale
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Median rent
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Suburb gross yield
Listing material
Listed by RealWay Property Consultants BundabergThis is acreage living with location, lifestyle and potential! Ideally positioned close to Bundaberg, Childers and Woodgate Beach, this impressive 29.76 hectares (approximately 73.53 acres) of sandy loam soil offers a wonderful combination of cleared grazing country, selectively retained natural bushland and established infrastructure. The property is approximately 20 minutes from Bundaberg, just minutes from Goodwood State School and around 15 minutes from the beautiful Woodgate Beach.
The land is well suited to those looking for space, livestock or a rural lifestyle, with up to nine paddocks, including two holding paddocks, allowing for practical stock rotation. The property is fully fenced, with galvanised gates and established yards, although some sections of fencing would benefit from maintenance.
Water is a significant feature, with two large dams, spring-fed waterholes and the Gregory River running within the property boundary. The property also has water rights to a natural spring from the Gregory River.
The contemporary colonial-style home is full of charm and designed to take advantage of its beautiful rural surroundings. The wrap-around veranda provides a wonderful outdoor living space and allows you to enjoy views across the property from multiple aspects. Inside, the home features high ceilings, tiled floors and an abundance of natural light.
The spacious open-plan kitchen, living and dining area forms the heart of the home, with excellent access to both the front and rear balconies. The kitchen features a stainless-steel bench, gas oven, dishwasher and butler's pantry, while a second wood-fired stove provides warmth and atmosphere during the cooler months. There are four generous bedrooms, with the main bedroom privately positioned at one end of the home and featuring a walk-in robe, ensuite and direct balcony access. Bedrooms two, three and four all have built-in wardrobes. The main bathroom includes a step-in shower and vanity, with a separate toilet.
Adding to the versatility is the separate shed-style structure, which offers genuine living potential. Featuring its own bathroom with shower and toilet, a separate septic system and a wood-fired stove, this space could make an ideal visitors' retreat, parents' accommodation, teenagers' retreat or games room, subject to the necessary approvals. Its potential for dual living further enhances the appeal of the property.
Infrastructure includes approximately 100,000 litres of rainwater storage, a three-bay carport and a three-bay machinery shed with container storage. The existing solar electricity system remains operational, although its batteries will require updating.
With substantial acreage, valuable water resources, multiple paddocks, versatile improvements and a location within easy reach of Bundaberg and the coast, this property represents an exciting opportunity to secure a rural lifestyle property with plenty of scope for the future.
At A Glance:
- 29.76 Hectares (73.53 Acres).
- 2 Large dams, water rights to natural spring from Gregory River.
- 4 Bedroom Home plus shed with bathroom and living potential.
- 3 bay machinery shed. Up to 5 bay carport on shed.
- Rates approx. $1,417 per half year.
Contact Bundaberg's favorite Real Estate Team – Shane Chung and Anthony Williamson - to add this quality property to your burgeoning portfolio today!
***The information provided is to be used as an estimate only. All potential purchasers should make their own enquiries to satisfy themselves as to any due diligence required.***
Listing description written by Shane Chung, RealWay Property Consultants Bundaberg — reproduced as published, not verified by Districts.