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QLD › Mundingburra › Gulliver St

12 Gulliver St, Mundingburra QLD 4812

For saleHouse

$625,000

For sale

Asking

$515,000

Last sold

19 Aug 2024

4

Bedrooms

1

Bathrooms

2

Car spaces

513 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $625,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $625,000(Listing record · 25 June 2026)
  • CalculationLand 513 m² against a 115 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Mundingburra (last 5 years) with land size: median $646/m² of land (n=73). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 10% below the Mundingburra median recorded sale ($697,500, n=28, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Mundingburra's advertised median rent ($460/wk), implied gross yield would be 3.83% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

The ask against the evidence

Asking

$625,000

Asking · $1,218/m² of land

Last recorded sale $515,000 (19 Aug 2024).

Local land rate: recorded House sales in Mundingburra (last 5 years) with land size have a median of $646/m² of land (n=73). Districts calculation from recorded sales — not a valuation.

Mundingburra at a glance

3,551

People

$697,500

Median sale

$460/wk

Median rent

3.43%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Mundingburra report →

Vs Mundingburra

-10.4%

Median sale

Suburb $697,500

+0.40 pp

Gross yield

Suburb 3.43%

Suburb median $697,500 from 28 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$625,000
Stamp Duty (Queensland)
$21,150
Transfer/Registration Fee
$2,343
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
$652,193

$27,193 on top of the price (4.4% 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 Mundingburra's advertised median rent — not a rent for this listing.

Net yield
2.33%
Annual cashflow (pre-tax)
$-17,955
Interest cover (DSCR)
0.45
Annual rent
$23,920
Operating expenses
$9,375
Loan amount
$500,000
Annual interest
$32,500
Gross yield
3.83%

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 unavailable for this jurisdiction (no_adapter:QLD)

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1
  • Parcel: 1RP716647

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

202420252026$515k$625k
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$625,000available25 June 2026
  2. Sold$515,00019 Aug 2024
  3. Listedprice unknowncompleted17 July 2024
  4. Listedprice unknowncompleted17 July 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 $460/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 3.8%. 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

    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

Mundingburra in one glance

Mundingburra at a glance

3,551

People

$697,500

Median sale

$460/wk

Median rent

3.43%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Mundingburra report →

Keep researching

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

Listing material

Listed by Ray White Townsville

Lifestyle Focus

Positioned in the heart of Mundingburra, this freshly updated family home offers a practical layout, generous outdoor space and a sought after lifestyle close to schools, parklands and the Ross River. With polished timber floors, a brand new bathroom, fresh paint throughout and an inviting in ground pool, the home is ready to move straight into and enjoy.

Upstairs features three spacious bedrooms, light filled living and dining areas, a modern kitchen and front verandah. Downstairs provides a versatile fourth bedroom or home office complete with its own toilet and vanity, making it ideal for guests, teenagers or those working from home as a home office.

Outside, the fully fenced 513 sqm allotment offers plenty of space for children and pets, while the saltwater pool creates the perfect setting for North Queensland summers.

Read the full description

Property Features:

• Four bedrooms

• Built in wardrobe to the primary bedroom

• Fresh paint internally and externally

• New modern bathroom

• Separate toilet and vanity downstairs, with potential to create a full bathroom

• Air conditioning and ceiling fans

• Freshly polished timber floors

• Large open plan lounge and dining area

• Modern kitchen

• Front verandah

• Updated smoke alarms

• Fully fenced 513 sqm allotment

• Privacy fencing with remote access driveway gate

• Secluded saltwater swimming pool with day bed

• Undercover parking plus additional off street parking

Location Highlights:

• Short Stroll to Anderson Gardens, Ross River and surrounding parklands.

• Walking distance to Pimlico State High School, TAFE QLD, St Joseph's Catholic School and The Cathedral School.

• Just 3 minutes drive to Mater Private Hospital.

• Close to public transport.

• 5 minute drive to Stockland Townsville Shopping Centre.

• Short drive to the Townsville CBD.

A well presented home in a tightly held family suburb, offering flexibility, convenience and lifestyle appeal.

Get to Know Mundingburra:

While Mundingburra is largely a mature residential suburb with limited large scale residential development, its central location continues to benefit from significant investment in surrounding infrastructure and commercial precincts.

The suburb is strategically positioned between the Townsville CBD, the hospital and university precinct, and major retail centres, giving residents excellent access to employment, education and services. Nearby commercial hubs such as Stockland Townsville Shopping Centre, the Ross River Road retail corridor and the medical precinct surrounding Townsville University Hospital continue to attract investment and business activity.

Recent years have also seen ongoing upgrades to riverfront recreational facilities, walking and cycling networks along the Ross River, improving connectivity and lifestyle appeal for local residents. The nearby university and hospital precincts remain among Townsville's strongest employment drivers and continue to support demand for housing in surrounding suburbs such as Mundingburra.

Unlike newer growth suburbs on the city's fringe, Mundingburra's appeal comes from its established character, large allotments, mature streetscapes and limited land supply. Opportunities for redevelopment are generally restricted to renovations, extensions and occasional infill projects, helping preserve the suburb's longstanding character while supporting property values over time.

Ongoing improvements to Ross River parklands, walking paths and recreational facilities continue to enhance the area's lifestyle appeal. With limited land supply and strong owner occupier demand, Mundingburra remains one of Townsville's most desirable and tightly held suburbs.

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

Property features

  • Air Conditioning
  • Balcony
  • Broadband
  • Built-in Robes
  • Courtyard
  • Deck
  • Dishwasher
  • Floorboards
  • Fully Fenced
  • Outdoor Entertaining
  • In-Ground Pool
  • 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.