Annandale at a glance
8,614
People
$780,000
Median sale
$569/wk
Median rent
3.79%
Suburb gross yield
Median sale from 69 recorded sales (last 12 months) — a Districts calculation.
QLD › Annandale › River Park Dr
$1,995,000
For sale
Asking
6
Bedrooms
3
Bathrooms
4
Car spaces
846 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
$1,995,000
Asking · $2,358/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Annandale (last 5 years) with land size have a median of $886/m² of land (n=137). Districts calculation from recorded sales — not a valuation.
Annandale at a glance
8,614
People
$780,000
Median sale
$569/wk
Median rent
3.79%
Suburb gross yield
Median sale from 69 recorded sales (last 12 months) — a Districts calculation.
Vs Annandale
+155.8%
Median sale
Suburb $780,000
-2.31 pp
Gross yield
Suburb 3.79%
Suburb median $780,000 from 69 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$107,660 on top of the price (5.4% 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 Annandale'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 $569/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.
Gross yield if leased at the suburb aggregate is 1.5%. 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
Annandale at a glance
8,614
People
$780,000
Median sale
$569/wk
Median rent
3.79%
Suburb gross yield
Median sale from 69 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White TownsvillePositioned in one of Annandale's most desirable family-friendly pockets, 148 River Park Drive delivers an exceptional lifestyle of space, privacy and everyday luxury. Surrounded by quality homes and close to the Ross River, parklands, respected schools, James Cook University, Townsville University Hospital and major lifestyle conveniences, this impressive residence offers the perfect balance of refined living and relaxed North Queensland comfort. From its commanding street presence to its expansive floorplan and resort-inspired outdoor spaces, this is a home designed for families who value both sophistication and lifestyle.
Stepping inside, the scale and quality of the residence are immediately apparent. High ceilings, generous proportions, and an abundance of natural light create a sense of openness throughout, while carefully selected finishes add warmth and elegance. Multiple living zones provide outstanding flexibility, including a refined formal lounge, a spacious open-plan family and dining area, and an upstairs retreat, allowing every member of the household to enjoy their own sense of space.
At the heart of the home is a sleek designer kitchen that blends functionality with luxury. Expansive stone benchtops, quality appliances, gas cooking, extensive cabinetry and a large island bench make this space ideal for both everyday family living and entertaining on a grand scale. The open-plan living and dining area flows effortlessly to the outdoor entertaining zone, creating a seamless indoor-outdoor connection that perfectly suits the North Queensland lifestyle.
Accommodation is superbly considered, with generous bedrooms positioned across the home to provide comfort and privacy for families and guests. The master suite is a private retreat, complete with direct patio access, a walk-in robe and a stylish ensuite. Additional bedrooms are well-sized and serviced by beautifully appointed bathrooms, while the flexible upstairs layout provides excellent separation for children, teenagers or visiting family.
A standout feature of the property is the separate studio, offering a rare and highly valuable addition to the home. Complete with its own kitchen, living area and bathroom, this self-contained space is ideal for extended family, guests, teenagers, a private home office, creative studio or potential dual-living arrangement. Its separation from the main residence adds exceptional versatility and further elevates the property's appeal.
Outside, the home transforms into a private resort-style sanctuary. The covered entertaining patio provides the perfect setting for alfresco dining, weekend barbecues and relaxed evenings with family and friends, while the sparkling pool creates a stunning centrepiece framed by tropical landscaping. With a pizza oven, fire pit zone and multiple outdoor spaces to enjoy, the property has been designed for effortless entertaining in every season.
Completing this premium lifestyle package is a generous yard, secure garaging, excellent off-street parking, established gardens and solar, adding everyday efficiency to the home's impressive list of inclusions. Combining luxury finishes, flexible living, resort-style entertaining and a prized Annandale address, 148 River Park Drive is an outstanding residence for buyers seeking a sophisticated family home with space, privacy and lifestyle in equal measure.
Listing description written by Giovanni Spinella, Ray White Townsville — reproduced as published, not verified by Districts.