Mount Sheridan at a glance
9,060
People
$740,000
Median sale
$648/wk
Median rent
4.55%
Suburb gross yield
Median sale from 115 recorded sales (last 12 months) — a Districts calculation.
QLD › Mount Sheridan › Banyan Cl
$745,000
Last sold
11 Mar 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
446 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
$745,000
11 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Mount Sheridan (last 5 years) with land size have a median of $1,030/m² of land (n=174). Districts calculation from recorded sales — not a valuation.
Mount Sheridan at a glance
9,060
People
$740,000
Median sale
$648/wk
Median rent
4.55%
Suburb gross yield
Median sale from 115 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Sheridan
+0.7%
Median sale
Suburb $740,000
-0.03 pp
Gross yield
Suburb 4.55%
Suburb median $740,000 from 115 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 $648/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
Mount Sheridan at a glance
9,060
People
$740,000
Median sale
$648/wk
Median rent
4.55%
Suburb gross yield
Median sale from 115 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals Edge HillWhat you see:
A beautifully maintained family home positioned in a quiet pocket of Forest Gardens, offering effortless single-level living on a flat, low-maintenance block with direct access to parklands. Raked ceilings enhance the sense of space, while a remote garage, expansive internal floorplan and substantial shed deliver both practicality and flexibility. With your morning coffee and local bakery just a short stroll away.
A true lifestyle-driven family haven.
What we see:
An exceptional opportunity for first-home buyers, downsizers or astute investors seeking a move-in ready home with strong rental appeal. Generous proportions, a thoughtfully designed layout and a highly sought-after location combine to deliver enduring value. Quality built, warm in character, increasingly rare in today's market.
A home that will stand the test of time.
Everything else:
• Three carpeted bedrooms, all with split-system air-conditioning, built-in robes and excellent natural light
• Spacious open plan living and dining area with raked ceilings
• Large air-conditioned multipurpose space- ideal as a second living area, home office or media room
• Practical kitchen with updated appliances and a centrally located setting
• Functional floorplan, complimented by a freshly painted interior
• Fresh and modern bathroom with bathtub and separate toilet
• Internal laundry with direct external access
• Quality security screens fitted to all windows and doors with a hardwired security monitoring system
• Fully fenced 446sqm low-maintenance block
• Large shed offering additional storage or workspace
Location highlights:
Peaceful, family-friendly setting
Direct access to parklands and walking paths and playgrounds
Close to local schools, shopping facilities and everyday conveniences
Approximately fifteen minutes to Cairns CBD with convenient access to Southern Access corridors
| Rental Appraisal: $640-$660 per week |
| Build Year: 1997 |
Disclaimer:
The material and information contained in this marketing are for general information purposes only.
Professionals Edge Hill does not accept responsibility and disclaims all liability for any errors or inaccuracies contained herein. Interested parties should rely on their own enquiries.
Listing description written by Emma Craig, Professionals Edge Hill — reproduced as published, not verified by Districts.