Tully at a glance
2,482
People
$575,000
Median sale
$434/wk
Median rent
3.92%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
$295,000
For sale
Asking
3
Bedrooms
1
Bathrooms
0
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
Asking
$295,000
Asking
No recorded sale for this property.
Tully at a glance
2,482
People
$575,000
Median sale
$434/wk
Median rent
3.92%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Tully
-48.7%
Median sale
Suburb $575,000
+3.73 pp
Gross yield
Suburb 3.92%
Suburb median $575,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$13,257 on top of the price (4.5% 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 Tully'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 $434/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 7.7%. 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
Tully at a glance
2,482
People
$575,000
Median sale
$434/wk
Median rent
3.92%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Newton Property GroupSet on a generous 1,192m² allotment in Tully, this highset Queenslander presents a rare opportunity for buyers who can see beyond the current condition and recognise the potential in the land, structure and shed space on offer.
This is not a cosmetic renovation. It is a genuine project property suited to experienced renovators, builders, tradies, investors or buyers considering a substantial rebuild or restoration. With a large block, concrete stumps, ceiling works completed, the roof and insulation replaced approximately 10 years ago, and a huge machinery-style shed already in place, there is a solid starting point for the right buyer with the vision and resources to bring the property back to life.
The home currently offers a traditional highset layout with three bedrooms and one bathroom upstairs, while the lower level provides laundry space, an additional room and toilet area. The generous yard gives buyers room to work with, while the large shed adds major appeal for those needing storage, workshop space, machinery parking, tools, boats, trailers or project materials.
Whether you are looking to renovate, restore, rebuild or landbank in a convenient Tully position, this property is all about potential, space and opportunity.
Why You’ll Love It
Highset Queenslander-style home with traditional character and renovation potential
Three-bedroom, one-bathroom layout upstairs
Downstairs laundry, additional room and toilet area offering extra functional space
Set on a generous 1,192m² allotment with room to work with
Huge machinery-style shed, ideal for tradies, storage, workshop use, vehicles or equipment
Concrete stumps
Roof and insulation replaced approximately 10 years ago
Ceiling works completed in recent times
Large yard with scope for future improvement, clean-up or redevelopment
Suited to experienced renovators, builders, tradies, investors or buyers seeking a serious project
The Location
Positioned in Tully, one of the Cassowary Coast’s key regional service towns, the property is close to everyday conveniences including local shopping, schools, medical services and the town centre. Tully is known for its strong agricultural base, surrounding mountain scenery, tropical rainfall and the iconic Golden Gumboot.
For families and long-term tenants, Tully State School, Tully State High School and Tully Hospital are all located within the township, while IGA Tully provides local supermarket convenience.
The location also keeps you within reach of the wider Cassowary Coast lifestyle, with Mission Beach around 28km from Tully and the Tully Heads / Hull Heads area known for boat ramps, fishing and coastal access.
This is a property for buyers with vision. The work required is clear, but so is the upside — a large block, a highset home, a serious shed and a convenient Tully position. Bring your builder, your imagination and your renovation plans.
Property Code: 351
Listing description written by Kevin Newton, Newton Property Group — reproduced as published, not verified by Districts.