Murgon at a glance
2,320
People
$436,500
Median sale
$413/wk
Median rent
4.92%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
QLD › Murgon › Wallace St
$450,000
Last sold
24 Oct 2025
3
Bedrooms
1
Bathrooms
1
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
Last sold
$450,000
24 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Murgon (last 5 years) with land size have a median of $217/m² of land (n=18). Districts calculation from recorded sales — not a valuation.
Murgon at a glance
2,320
People
$436,500
Median sale
$413/wk
Median rent
4.92%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
Vs Murgon
+3.1%
Median sale
Suburb $436,500
-0.15 pp
Gross yield
Suburb 4.92%
Suburb median $436,500 from 6 recorded sales (last 24 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 $413/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
Murgon at a glance
2,320
People
$436,500
Median sale
$413/wk
Median rent
4.92%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate GympieWelcome to 13 Wallace Street, Murgon, a warm and inviting hardwood 3 bedroom home perfectly positioned for privacy, comfort, and country style living. Set on a fully fenced block and overlooking a wide, open grazing property across the road, this home offers a rare sense of space and serenity while still being close to town amenities.
Inside, the home features three generous bedrooms and a well kept bathroom, with the timeless appeal of hardwood construction throughout. A lockup garage with a brand new electric remote roller door, enough height to allow access for a 4 door ute, provides secure parking and easy access.
Outdoor lovers will be delighted by the established rose garden currently in full bloom, adding colour, fragrance, and charm to the property. A greenhouse offers opportunities for year round gardening, and rainwater tanks support sustainable living. With ample yard space and complete fencing, the property is perfect for pets, kids, or simply enjoying the peaceful surrounds.
Whether you're a first home buyer, investor, downsizer, or someone chasing a relaxed lifestyle, 13 Wallace Street delivers comfort, privacy, and practicality in a highly desirable part of town.
Key Features:
* Solid hardwood 3 bedroom home
* Bathroom with well maintained amenities
* Lockup garage with brand new electric remote roller door
* Fully fenced block ideal for pets and security
* Established rose garden in full bloom
* Greenhouse for gardening enthusiasts
* Rainwater tanks for sustainable living
* Peaceful outlook over grazing land with no close neighbours across the road
* Located on the quiet northern fringe of Murgon
A beautiful blend of charm and convenience, don't miss your chance to make this property yours!
Call Ian Partington 0407 746280.
Established in 1839, Elders Real Estate Australia boasts a legacy spanning 186 years. With a rich history of excellence and a track record of success, we pride ourselves on our award-winning agency profile, which showcases over a century of combined experience in assisting our valued clients.
Our team is dedicated to delivering unparalleled service, leveraging our extensive knowledge and expertise to meet the unique needs of each individual we serve. Whether you're selling, buying, or investing in real estate, you can trust in our time tested tradition of professionalism, integrity, and results.
Listing description written by Ian Partington, Elders Real Estate Gympie — reproduced as published, not verified by Districts.