Southside at a glance
7,573
People
$825,000
Median sale
$539/wk
Median rent
3.40%
Suburb gross yield
Median sale from 87 recorded sales (last 12 months) — a Districts calculation.
QLD › Southside › Balmoral Cres
$849,000
For sale
Asking
$705,000
Last sold
24 Feb 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
640 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
$849,000
Asking · $1,327/m² of land
Last recorded sale $705,000 (24 Feb 2025).
Local land rate: recorded House sales in Southside (last 5 years) with land size have a median of $911/m² of land (n=114). Districts calculation from recorded sales — not a valuation.
Southside at a glance
7,573
People
$825,000
Median sale
$539/wk
Median rent
3.40%
Suburb gross yield
Median sale from 87 recorded sales (last 12 months) — a Districts calculation.
Vs Southside
+2.9%
Median sale
Suburb $825,000
-0.10 pp
Gross yield
Suburb 3.40%
Suburb median $825,000 from 87 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$38,298 on top of the price (4.5% 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 Southside'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 $539/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 3.3%. 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
Southside at a glance
7,573
People
$825,000
Median sale
$539/wk
Median rent
3.40%
Suburb gross yield
Median sale from 87 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White GympiePositioned in the ever-popular Sovereign Heights Estate, this modern 2021-built home presents an outstanding investment opportunity with all the hard work already done. Featuring a quality long-term tenant in place until May 2027, this is a genuine set-and-forget investment offering immediate income and peace of mind.
Designed for modern family living, the home's spacious layout, premium finishes and sought-after location continue to make it highly desirable for quality tenants, ensuring strong long-term rental appeal.
Investment Highlights:
- Secure lease in place until May 2027
- Rental income of $750 per week ($39,000 per annum)
- Approximate gross rental yield of 4.38%
- Modern 2021 brick veneer home requiring minimal maintenance
- Positioned on a level 640 sqm; allotment in the highly sought-after Sovereign Heights Estate
- Strong rental demand in a quality family neighbourhood
Property Features:
- Spacious master suite with walk-in robe, modern ensuite, split-system air conditioning and ceiling fan.
- Three additional bedrooms, all with built-in wardrobes and ceiling fans.
- Separate media room providing a second living space.
- Open-plan kitchen, living and dining area flowing to the covered outdoor entertaining area.
- Contemporary kitchen featuring stone benchtops, ample cabinetry, stainless steel appliances and a freestanding 900mm gas cooker.
- Well-appointed family bathroom with separate shower, bathtub and separate toilet.
- Functional laundry with direct external access.
- Double remote lock-up garage.
- Fully fenced and landscaped backyard with retained gardens.
- Garden shed providing additional storage.
- Potential side access for a caravan, trailer or boat.
The location further strengthens the investment appeal, being just 5 minutes to Gympie CBD, and approximately 45 minutes to Noosa and Rainbow Beach. With continued growth across the Gympie region and excellent local amenities, this property is perfectly positioned for both strong tenant demand and future capital growth.
Whether you're expanding your portfolio or seeking a quality investment with immediate returns and long-term security, this is an opportunity not to be missed. Call Aleisha Dodt today to arrange an inspection.
Listing description written by Aleisha Dodt, Ray White Gympie — reproduced as published, not verified by Districts.