Drayton at a glance
1,893
People
$900,000
Median sale
$539/wk
Median rent
3.11%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
$651,000
Last sold
12 May 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
733 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
$651,000
12 May 2022 · derived via latest_sale
Drayton at a glance
1,893
People
$900,000
Median sale
$539/wk
Median rent
3.11%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Vs Drayton
-27.7%
Median sale
Suburb $900,000
+1.20 pp
Gross yield
Suburb 3.11%
Suburb median $900,000 from 9 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 $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.
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
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
Drayton at a glance
1,893
People
$900,000
Median sale
$539/wk
Median rent
3.11%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX Success Toowoomba- Lowset brick duplex
Each unit features:
- 2 good sized air-conditioned built-in bedrooms
- Open plan living areas with air-conditioning
- Modern kitchen with electric cooking appliances and dishwasher
- Family bathroom with both a bath and shower
- Private courtyard (unit 2 with outdoor area)
- Single remote garage
Located just minutes from Drayton Woolworths, Drayton State School, the University of Southern Queensland, Japanese Gardens and Darling Heights State School, 12 Watts Street is an ideal investment opportunity, you can live in one and rent out the other, or simply purchase one to nest or invest in.
Unit 1, positioned to the front of the quiet duplex features 2 carpeted bedrooms, both with large built-in cupboards and reverse cycle air-conditioning, good sized separate lounge room and spacious open plan living and dining space boasting reverse cycle air-conditioning and tiled flooring. The modern kitchen hosts a 2 bowl sink, electric cook top, range hood, electric oven, dishwasher, corner pantry and a breakfast bar, and the family bathroom has a both a separate shower and bath and extra large vanity, the toilet is separate for added convenience. For your vehicle there is a single remote garage with internal access, the laundry with single wash tub and built-in cupboards is conveniently located off the garage. Unit 1 is currently rented at $300 per week until July 2022, with a 12 month lease renewal signed at $350 per week from 12th July 2022.
Unit 2 is located to the rear of Unit 1 so is completely private and set back from the street. It features 2 carpeted, built-in bedrooms, each boasting reverse cycle air-conditioning. The kitchen, lounge and dining area is all open plan and has reverse cycle air-conditioning with tiled flooring, and the modern kitchen hosts a 2 bowl sink, electric cook top, range hood, electric oven, pantry, island bench and a dishwasher. The family bathroom has a separate shower, separate bath and vanity and the toilet is separate for added convenience. For your vehicle there is a single remote garage with internal access and the laundry with single wash tub and built-in cupboards is conveniently located off the garage. Externally there is a small patio in the private courtyard. Unit 2 is currently rented at $290 per week until September 2022.
Investors - The complex is currently returning $590 per week with the potential to increase to a total of $700 per week subject to market conditions (Rent appraised at $350 per week per unit). The tenants of Unit 1 have just signed a 12 month renewal at $350 per week commencing on the 12th of July 2022.
Rent both units and reap the rewards, move into one and rent the other ... there are plenty of options to consider! For your convenience Team Elevate is available 7 days a week to arrange your private viewing.
General rates: currently $1,111.85 net per half year
Water rates: currently $314.95 net per half year plus consumption
Primary school state catchment: Darling Heights State School
High school state catchment: Harristown State High School
Home Built: 2005
Listing description written by James O'Donohue, RE/MAX Success Toowoomba — reproduced as published, not verified by Districts.