Bundaberg South at a glance
3,653
People
$595,000
Median sale
$474/wk
Median rent
4.14%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
QLD › Bundaberg South › Robert St
$1,600,000
Last sold
2 Aug 2024
12
Bedrooms
8
Bathrooms
8
Car spaces
1,088 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
$1,600,000
2 Aug 2024 · derived via latest_sale
Local land rate: recorded Block of Units sales in Bundaberg South (last 5 years) with land size have a median of $645/m² of land (n=3). Districts calculation from recorded sales — not a valuation.
Bundaberg South at a glance
3,653
People
$595,000
Median sale
$474/wk
Median rent
4.14%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Bundaberg South
+168.9%
Median sale
Suburb $595,000
-2.60 pp
Gross yield
Suburb 4.14%
Suburb median $595,000 from 30 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 $474/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
UnknownArea
Bundaberg South at a glance
3,653
People
$595,000
Median sale
$474/wk
Median rent
4.14%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RealWay Property Consultants BundabergIf you are looking for a large-scale investment opportunity in booming Bundaberg offering incredibly consistent investment returns and growth - then look no further! Comprising of four strata-titled units, this complex is meticulously laid out, offering a high-quality living experience for all occupants. The flexibility of purchasing here is not to be understated either, buy all four or buy four between friends - your call!
Located in a flood-free area of Bundaberg South just a two-minute drive / ten-minute walk from the Bundaberg CBD, this complex is perfectly positioned to ensure all amenities are within reach! Split into two duplexes, it comprises of four double storey units each fit with three bedrooms, two bathrooms (3 toilets) , two car automatic garage and an outdoor entertaining area / yard. The rentability of these units to people / family from all walks of life is unparallelled meaning they'll never sit vacant for long.
Boasting ample space, each unit features a well-equipped kitchen with dishwasher and plenty of cabinetry and bench space for added convenience. The open and airy living and dining spaces are fit with ceiling fans and are designed to maximize comfort and functionality even including a third toilet downstairs. Upstairs are the three privately located bedrooms and two bathrooms.
Each unit is currently occupied by exceptional tenants ensuring a consistent and reliable income stream - but it does mean the returns are currently super conservative and you'll get your chance to get them bringing in the appropriate bang for buck when you take ownership.
TENANCY INFORMATION:
Unit 1: Paying $350pw on a fixed term lease until 1st August 2024
Unit 2: Paying $350pw on a fixed term lease until 24th January 2025 (long-term tenant)
Unit 3: Paying $400pw on a fixed term lease until 5th August 2024
Unit 4: Paying $330pw on a fixed term lease until 25th April 2025 (long-term tenant)
With a prime location, spacious interiors and no body corporate fees presently in place this property represents a lucrative investment opportunity that should not be missed!
AT A GLANCE:
- Four double storey units inside a 1,088sqm allotment
- Each unit contains 3 bedrooms, 2 bathrooms (3 toilets) and 2 car garage
- Master bedrooms with ensuites throughout
- Highly sought after location close to schools, shopping and hospitals
- Fantastic opportunity for a high rental return
- Rates: $1,600.00 half yearly per unit (approx.) so $6,400 half yearly for the complex (approx.)
To assist with the size of the complex and tenant privacy, inspections must be booked privately by contacting Bundaberg's favourite Real Estate Team - Brent Illingworth and Tylah Stinson.
RENTAL APPRAISAL: Rental return expected to $450+ per week. Ask Brent or Tylah how to go about getting placed in touch a member of the RealWay Property Management Team who are more than happy to discuss the rental options with you one-on-one in a personalised fashion.
***The information provided is to be used as an estimate only. All potential purchasers should make their own enquiries to satisfy themselves as to any due diligence required.***
Listing description written by Brent Illingworth, RealWay Property Consultants Bundaberg — reproduced as published, not verified by Districts.
Nearby 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.