Manunda at a glance
5,469
People
$736,000
Median sale
$527/wk
Median rent
3.72%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
QLD › Manunda › Mccormack St
$1,090,000
Last sold
26 Oct 2022
8
Bedrooms
8
Bathrooms
6
Car spaces
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
$1,090,000
26 Oct 2022 · derived via latest_sale
Manunda at a glance
5,469
People
$736,000
Median sale
$527/wk
Median rent
3.72%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Vs Manunda
+48.1%
Median sale
Suburb $736,000
-1.21 pp
Gross yield
Suburb 3.72%
Suburb median $736,000 from 25 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 $527/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
Manunda at a glance
5,469
People
$736,000
Median sale
$527/wk
Median rent
3.72%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White CairnsHere's an outstanding opportunity to capitalise with a potential income projecting to exceed approx. $76,800 PA. Investments are supposed to work hard and this block of four units offers the possibility.
With an exceptionally strong rental market coupled with low vacancy rates and tenancy agreements forecasted to continually rise, the market suggests to investors and self-managed Superfund holders this will be an decent addition to your portfolio or an exceptional start to your Monopoly future growth.
The complex consists of four two bedroom units with an ensuite in the master bedrooms and two-way bathroom access to the second bedrooms. All units are air-conditioned and each unit is individually metered and titled with long-term occupants in place. This unique property is sure to offer something that you may not have seen in the market yet but have desperately been searching for.
Inclusions:
• 4 x 2 Bed, 2 Bath,
• 4 x 1 Car plus 2 x visitor parking spaces.
• 4 x Balcony's
• 4 x Internal storage rooms
• All units are individually metered.
• All external doors have new security screens
• Kitchens equipped with modern appliances and whitegoods.
• Open plan living and dining area
• Split system air conditioning
• Built in robes
• Close to shopping centre
• Built: 2012
• Floor Plan: 441m²
• Block Size: 903 m²
The Figures -
• Unit 1 - $350pw. $16,800pa. Current Lease exp 02/03/2023
• Unit 2 - $350pw. $16,800pa. Current Lease exp 10/03/2023
• Unit 3 - $300pw. $14,400pa. Current Lease exp 14/02/2023 (potential $350pw)
• Unit 4 - $300pw. $14,400pa. Current Lease exp 16/02/2023 (potential $350pw)
• RE/MAX Real Estate Services Cairns Rental Appraisal Potential: $400.00 per week
Total Potential approx. $76,800 pa
Outgoings
• Council rates approx. $10,711.44 p.a.
Proudly brought to you by your Town & Country Specialist Billy Clarke, RE/MAX Real Estate Services Cairns.
Listing description written by Ray White Cairns — 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.