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QLD › Collinsville › Drake St

12 Drake St, Collinsville QLD 4804

House

$165,000

Last sold

16 Apr 2024

3

Bedrooms

1

Bathrooms

2

Car spaces

825 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $165,000 (16 Apr 2024).(Recorded sale)
  • FactLand 825 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Collinsville (last 5 years) with land size: median $195/m² of land (n=51). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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. 1No 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

What this lot has actually traded at

Last sold

$165,000

16 Apr 2024 · derived via latest_sale

Local land rate: recorded House sales in Collinsville (last 5 years) with land size have a median of $195/m² of land (n=51). Districts calculation from recorded sales — not a valuation.

Collinsville at a glance

1,500

People

$216,000

Median sale

$434/wk

Median rent

10.45%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Collinsville report →

Vs Collinsville

-23.6%

Median sale

Suburb $216,000

+3.23 pp

Gross yield

Suburb 10.45%

Suburb median $216,000 from 10 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data unavailable for this jurisdiction (no_adapter:QLD)

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1
  • Parcel: 49C74010

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. Sold$165,00016 Apr 2024
  2. Listedprice unknowncompleted6 Feb 2024
  3. Listedprice unknowncompleted6 Feb 2024

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?

Zoning is not available (no_adapter). 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 (no_adapter). 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 $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.

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

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

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

    Zoning is not available (no_adapter).

  • 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 (no_adapter). 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

    No DA adapter returned applications 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

Collinsville in one glance

Collinsville at a glance

1,500

People

$216,000

Median sale

$434/wk

Median rent

10.45%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Collinsville report →

Keep researching

  • Why Collinsville? Read the area thesis →
  • What else is on the market in Collinsville →
  • Other records on Drake St →

Listing material

Listed by Explore Property Bowen

Embrace a Quiet Lifestyle

If you are in search of a home in a quiet location at an affordable price point, this charming property might just be the one to cater to your budget and lifestyle needs. It is situated in Collinsville, a friendly close-knit community within close proximity to the Hospital and only a few minutes’ drive to supermarket, tavern, schools, town pool and water park, all the facilities are within easy reach. The coastal town of Bowen is also only 85km approx. away, where you are spoilt with stunning beaches, picturesque bays and walking tracks to explore.

The exterior walls are constructed of hardwood chamfers with the internal frames and floors also hardwood. The under-house plumbing has been replaced in late 2023. The interior features plank flooring throughout the kitchen/living and lounge areas providing easy maintenance and visual appeal. The galley kitchen is older but neat and functional plus the dishwasher was purchased in 2022 and has hardly been used. With a touch of your personal creativity, this space could certainly be transformed into a modern kitchen and dining space. The reverse cycle air conditioner in the lounge area will keep everything cool in the summers or toasty warm in the winter (although the winters are mild). Down the hall are the 3 carpeted bedrooms, the main has a/c that is less than 2 years old. The bathroom features a bath plus modern vanity, mirrored wall cabinet and storage cupboards.

Outside, a shade-cloth covered area incorporating the cutest cubby will keep the little ones entertained for hours. The fully fenced block is good sized at 825 m2 and the back yard provides plenty of lawn space for the pets and kids to roam. There is a garden shed for extra storage plus a handy colourbond 6m x 3m powered shed complete with shelving for any DIY project. A skillion adjacent to the shed will take care of motor bikes or any more equipment that you acquire. The covered carport at the front of the home will house your vehicle.

Read the full description

The location of this home will certainly be a welcome respite from the pace of city living and with your own personal touches, could be just the one if you’re exploring an entry into the real estate market. Or if being a landlord interests you, we estimate a rental return of approximately $400 per week for this property. Arrange with us to take a closer look and see what it has to offer. Call us to inspect.

Listing description written by Peter Lawton, Explore Property Bowen — reproduced as published, not verified by Districts.

Property features

  • Gas Heating
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.