Bungalow at a glance
2,448
People
$700,000
Median sale
$495/wk
Median rent
3.68%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
QLD › Bungalow › Bunting St
$630,000
Last sold
18 Feb 2024
13
Bedrooms
5
Bathrooms
5
Car spaces
607 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
$630,000
18 Feb 2024 · derived via latest_sale
Local land rate: recorded House sales in Bungalow (last 5 years) with land size have a median of $1,004/m² of land (n=46). Districts calculation from recorded sales — not a valuation.
Bungalow at a glance
2,448
People
$700,000
Median sale
$495/wk
Median rent
3.68%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Vs Bungalow
-10.0%
Median sale
Suburb $700,000
+0.41 pp
Gross yield
Suburb 3.68%
Suburb median $700,000 from 12 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data unavailable for this jurisdiction (no_adapter:QLD)
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
QLDZoning is not available (no_adapter). 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 (no_adapter). 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 $495/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
UnknownZoning is not available (no_adapter).
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 (no_adapter). 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
UnknownNo DA adapter returned applications 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
Bungalow at a glance
2,448
People
$700,000
Median sale
$495/wk
Median rent
3.68%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White CairnsUnlock the potential of exceptional cash flow with this versatile investment - a two-storey, 13-bedroom share house strategically designed with amenities on both levels. Experience the lucrative world of property investment like never before.
Key Highlights:
Prime Location: Situated in a highly sought-after area on the city fringe, this share house enjoys strong demand from long term tenants, ensuring consistent rental income.
13 Bedrooms: Each level is thoughtfully designed to maximize occupancy and floor space, resulting in high rental yields.
Dual-Level Amenities: Unique among share houses, this property offers amenities on both levels, enhancing tenant satisfaction and attracting a steady stream of renters.
Cash Flow Machine: With multiple rental units and desirable amenities, this property generates exceptional monthly cash flow, providing a steady return on investment.
Parking: Ample parking space under development adds to the property's appeal and rental potential.
Strong Tenant Demand: The combination of location, amenities, and affordable accommodation results in consistently high occupancy rates.
'Paint & Profit' Investment: Whilst the property is fully operational there is potential for cosmetic renovations to seek higher room rates.
Flexible Lease Terms: Offering flexibility to attract a wide range of tenants, from short-term to long-term renters.
This share house is a savvy investment choice for those seeking a reliable and lucrative income stream. Don't miss the opportunity to capitalize on the strong demand for shared housing in a tightly held region. Contact us today to seize this outstanding cash flow generator and secure your financial future!
Listing description written by Ray Murphy, Ray White Cairns — reproduced as published, not verified by Districts.