Gracemere at a glance
12,940
People
$713,500
Median sale
$560/wk
Median rent
4.08%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
QLD › Gracemere › Russell St
$395,000
For sale
Asking
0
Bedrooms
0
Bathrooms
0
Car spaces
799 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
$395,000
Asking · $494/m² of land
No recorded sale for this property.
Gracemere at a glance
12,940
People
$713,500
Median sale
$560/wk
Median rent
4.08%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
Vs Gracemere
-44.6%
Median sale
Suburb $713,500
+3.29 pp
Gross yield
Suburb 4.08%
Suburb median $713,500 from 68 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$17,222 on top of the price (4.4% 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 Gracemere'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 $560/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 7.4%. 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
Gracemere at a glance
12,940
People
$713,500
Median sale
$560/wk
Median rent
4.08%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Alan Cornick Real EstateThis is not your average block!
Positioned in the heart of Gracemere’s thriving town centre and 12km from Rockhampton, this level 799m² corner allotment represents a rare opportunity to secure a high-exposure development site within the tightly held District Centre Zone.
With its premium corner position, this site offers outstanding access, visibility, and flexibility — ideal for a range of development outcomes. Please note that this is DCZ Zoning so that future usage will be for high-density residential to commercial use.
Offered to the market at $395,000
Scale Up Opportunity
Looking to expand your footprint? There is also an opportunity to secure one or multiple adjoining allotments with flexible District Centre Zoning (DCZ), offering outstanding scope for residential, commercial, or mixed-use development. With high exposure positioning, including the premium corner site, these allotments provide the scale, access, and zoning that developers actively seek but rarely find in one consolidated offering.
The adjoining 809m² allotment is also available, presenting a rare chance to secure a combined 1,608m² development site in a prime central location.
Additional adjoining lots may also be available, up to 4 lots in total (two with houses), totaling 3,234m2, creating the potential for an even larger aggregated holding. The owner is open to considering offers across two or more allotments, with clear advantages for buyers looking to amalgamate sites and unlock greater development scale.
DEVELOPMENT POTENTIAL
Zoned DCZ (District Centre Zone), the site supports a wide range of outcomes including:
• Higher density residential (units / apartments)
• Commercial or retail development
• Medical, consulting, or office suites
• Mixed-use projects (commercial ground floor with residential above)
• Fast food or drive-through (subject to approvals)
CONCEPTUAL DEVELOPMENT UPSIDE
Preliminary concepts indicate the site is well suited to:
• Multi-level mixed-use development
• Ground floor commercial activation
• Motel or 8–16 residential units (configuration dependent and (STCA)
• Efficient on-site parking via dual street access
The corner positioning enhances:
• Vehicle access and circulation
• Customer exposure for commercial tenancies
• Overall development efficiency
WHY GRACEMERE?
• Rapid population growth corridor
• Strong demand for residential accommodation
• Expanding commercial and service sector
• Proximity to Rockhampton (approx. 10 minutes)
• Increasing infrastructure and local investment
ENQUIRE TODAY
Opportunities to secure premium site corner positions on vacant land are extremely limited. This is prime property in a growth corridor. Act Now!
For further information, site details, or to discuss development potential:
Alan Cornick
0418 792 888
Leonie Wheeler
0428 199 930
DISCLAIMER: Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised.
Property Code: 1205
Listing description written by Alan Cornick, Alan Cornick Real Estate — reproduced as published, not verified by Districts.