Miles at a glance
1,972
People
$340,000
Median sale
$548/wk
Median rent
8.38%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
QLD › Miles › Constance St
$775,000
Last sold
15 Oct 2025
7
Bedrooms
7
Bathrooms
6
Car spaces
1,421 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
Last sold
$775,000
15 Oct 2025 · derived via latest_sale
Miles at a glance
1,972
People
$340,000
Median sale
$548/wk
Median rent
8.38%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Vs Miles
+127.9%
Median sale
Suburb $340,000
-4.70 pp
Gross yield
Suburb 8.38%
Suburb median $340,000 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $548/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.
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.
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
UnknownArea
Miles at a glance
1,972
People
$340,000
Median sale
$548/wk
Median rent
8.38%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Surat BasinHigh yielding, Multi tenanted Asset in the Surat Basin Resource Sector
Occupying a 1,421 m² block, this well maintained complex of seven units provides a rare opportunity to secure a high yielding, multi tenanted asset within walking distance of schools, parks and shopping amenities.
This exceptional property offers a prominent location in the heart of Surat Basin Resource Sector located 47klms from Chinchilla, 68klms from Wandoan and 141klm from Roma, making it an enticing opportunity for discerning investors.
Long term tenancies are in place, underscoring the appeal of the location and the stability of rental income. Unit 6 for approx. 10 yrs and Unit 2 for close to 8yrs.
The property is currently fully leased and generating strong cash flow yet still offers avenues for future value creation through further refurbishment and rental uplift.
Current Total Rental Income:
$7,496 per month gross
No Body Corporate!
$1,730pw gross
$89,960pa gross
*Images featured showcase Unit 1, Unit 2 and Unit 7
Unit Snapshot:
• One bedroom (Unit 7 has 2 bedrooms)
• Functional bathroom
• Kitchenette with freestanding oven and stove
• Air conditioning
• Car accommodation
Investor Snapshot!
1) Unit 1 / 12 Constance St, Miles QLD
Finalising new lease
$260
2) Unit 2 / 12 Constance St, Miles QLD
8/3/25 - 9/3/26
$260
(3) Unit 3 / 12 Constance St, Miles QLD
21/9/24 - 23/6/25
$230
(4) Unit 4 / 12 Constance St, Miles QLD
08/08/25 - 08/11/25
$260
(5) Unit 5 / 12 Constance St, Miles QLD
18/1/25 - 18/7/25
$260
(6) Unit 6 / 12 Constance St, Miles QLD
30/6/25 - 12/10/25
$200 (expected increase to $230pw
(7) Unit 7 / 12 Constance St, Miles QLD
3/6/25 - 3/9/25
$260
Outlays:
Council Rates; approx. $165.47pw
Water Rates: approx. $14.75pw
Owner Pays all Water
Location:
Miles has demonstrated robust property fundamentals, with the median price for units at around $245,000 and rental yields currently sitting at approximately 6.87 %.
Median weekly rent for units is about $352 and unit values have seen growth of over 19 % in the past twelve months. These figures highlight the strength of the local rental market and the potential for ongoing capital appreciation.
For investors seeking a secure income stream with scope to enhance returns, this complex represents a compelling opportunity.
All offers must include a current Finance Pre-Approval letter with your Intention to Buy form.
*** To explore the finer details of this amazing property TEXT your email address to 0422 769 194 to access the full property Information package which includes:
• Sellers Disclosure
• Video Walk throughs
• Surat Basin Resource Sector Information
• Intention to Offer Form
Disclaimer: We have made every effort to ensure the information contained herein is true and accurate. Prospective purchasers should satisfy themselves by inspection and make their own enquiries to verify the information contained herein.
Listing description written by Trina Martin, First National Real Estate Surat Basin — reproduced as published, not verified by Districts.
Nearby 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.