Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

QLD › Heatley › Gerona Ave

15 Gerona Ave, Heatley QLD 4814

For saleHouse for Sale

$590,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

647 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $590,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $590,000(Listing record · 24 July 2026)
  • FactLand 647 m²; no building size recorded.(Property record)
  • CalculationAsk is 3% below the Heatley median recorded sale ($610,000, n=54, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Heatley's advertised median rent ($476/wk), implied gross yield would be 4.20% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$590,000

Asking · $912/m² of land

No recorded sale for this property.

Heatley at a glance

4,042

People

$610,000

Median sale

$476/wk

Median rent

4.06%

Suburb gross yield

Median sale from 54 recorded sales (last 12 months) — a Districts calculation.

See the full Heatley report →

Vs Heatley

-3.3%

Median sale

Suburb $610,000

+0.14 pp

Gross yield

Suburb 4.06%

Suburb median $610,000 from 54 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$590,000
Stamp Duty (Queensland)
$19,575
Transfer/Registration Fee
$2,157
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$615,432

$25,432 on top of the price (4.3% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Heatley's advertised median rent — not a rent for this listing.

Net yield
2.70%
Annual cashflow (pre-tax)
$-14,778
Interest cover (DSCR)
0.52
Annual rent
$24,752
Operating expenses
$8,850
Loan amount
$472,000
Annual interest
$30,680
Gross yield
4.20%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$590,000available24 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $476/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.2%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Heatley in one glance

Heatley at a glance

4,042

People

$610,000

Median sale

$476/wk

Median rent

4.06%

Suburb gross yield

Median sale from 54 recorded sales (last 12 months) — a Districts calculation.

See the full Heatley report →

Keep researching

  • Why Heatley? Read the area thesis →
  • What else is on the market in Heatley →
  • Other records on Gerona Ave →

Listing material

Listed by Harcourts Kingsberry Townsville

BEAUTIFULLY MAINTAINED HOME WITH BONUS SELF-CONTAINED LIVING

From the moment you arrive, it's clear this home has been lovingly cared for. Immaculate lawns, established gardens and two driveways create an inviting first impression, while secure gates provide access to the covered parking area.

Upstairs, beautifully polished timber floors flow throughout the generous open-plan living area, where a large split-system air conditioner ensures year-round comfort. At the front of the home, the light-filled sunroom overlooks the surrounding greenery, creating a peaceful space to relax.

The spacious dining area adjoins the original kitchen, which has been exceptionally well maintained and offers a pantry, generous bench space, ample cabinetry and glass louvres that welcome cooling breezes. Sliding out from the dining area, the elevated rear deck provides the perfect setting for entertaining family and friends.

Read the full description

All three bedrooms are generously proportioned with polished timber floors, ceiling fans and security screens, while the master also features air conditioning. The bathroom is neat and functional, offering both a separate shower and bathtub, with a separate toilet conveniently located alongside.

Downstairs is where this property truly sets itself apart. In addition to the fully lockable area beneath the home, there are two large storerooms, a spacious laundry and a substantial indoor entertaining area that has been well enjoyed over the years. Outside, a second entertaining space with a built-in barbeque provides another great place to gather.

The standout feature is the fully council-approved self-contained flat. Elevated from the ground, it offers its own living area with split-system air conditioning, kitchenette, separate bedroom with built-in robes and a private ensuite. Whether you're accommodating extended family, creating a work-from-home space, welcoming guests, operating short-term accommodation, or generating additional rental income, the flexibility on offer is exceptional.

The well-maintained grounds continue to impress, with side access leading to a fully powered shed that enjoys plenty of natural light and a pleasant outlook down the street. Perfect as a workshop, art studio or hobby space, it is complemented by a lawn locker and established mandarin and orange trees in the backyard.

Positioned in a quiet, well-established street, this home enjoys one of Heatley's greatest advantages-its central location. With easy access to major shopping centres, quality schools, James Cook University, Townsville University Hospital, public transport, parks and sporting facilities, and only a short drive to the CBD and The Strand, this is a location that offers exceptional everyday convenience.

THE THREE-BEDROOM HOME

High-set home with fully lockable lower level

Secure undercover parking with internal access

Spacious open-plan living with beautifully polished timber floors

Large split-system air conditioning to the main living area

Light-filled front sunroom

Well-maintained original kitchen with pantry and ample storage

Dining area opening onto the rear entertaining deck

Three generous bedrooms with polished timber floors, ceiling fans and security screens

Master bedroom with split-system air conditioning

Bathroom with separate bath and shower

Separate toilet

Two storerooms and spacious laundry downstairs

Large internal entertaining area

Outdoor entertaining area with built-in barbecue

Security and fly screens throughout

BONUS FULLY COUNCIL-APPROVED FLAT

Fully self-contained and council-approved

Separate living area with split-system air conditioning

Kitchenette

Bedroom with built-in robe

Private ensuite

Elevated entry landing

THE GROUNDS

Two driveways with secure gated access

Side access to the backyard

Fully powered shed ideal for a workshop, studio or hobbies

Lawn locker

Established mandarin and orange trees

Beautifully maintained lawns and gardens

Disclaimer: While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies and we accept no liability for any errors or exclusions (including but not limited to a property's land size, floor plans and building age). Accordingly, all interested parties should make their own enquiries and obtain their own legal advice.

Listing description written by Margaret Hill, Harcourts Kingsberry Townsville — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Courtyard
  • Deck
  • Floorboards
  • Fully Fenced
  • Outdoor Entertaining
  • Secure Parking
  • Shed
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.