Allenstown at a glance
2,862
People
$585,000
Median sale
$503/wk
Median rent
4.47%
Suburb gross yield
Median sale from 59 recorded sales (last 12 months) — a Districts calculation.
QLD › Allenstown › Connolly St
$649,000
For sale
Asking
3
Bedrooms
1
Bathrooms
2
Car spaces
961 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
$649,000
Asking · $675/m² of land
No recorded sale for this property.
Allenstown at a glance
2,862
People
$585,000
Median sale
$503/wk
Median rent
4.47%
Suburb gross yield
Median sale from 59 recorded sales (last 12 months) — a Districts calculation.
Vs Allenstown
+10.9%
Median sale
Suburb $585,000
-0.44 pp
Gross yield
Suburb 4.47%
Suburb median $585,000 from 59 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$28,366 on top of the price (4.4% 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 Allenstown'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 $503/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 4.0%. 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
Allenstown at a glance
2,862
People
$585,000
Median sale
$503/wk
Median rent
4.47%
Suburb gross yield
Median sale from 59 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elite Real Estate RockhamptonPositioned in a high-demand location, this solid home presents an outstanding opportunity for investors and SMSF purchasers seeking a well-located asset with strong long-term appeal.
Elevated to capture natural light and breezes, the home features polished timber floors, spacious open-plan living and a practical layout designed for comfortable everyday living. The functional kitchen offers generous bench space, ample storage and an oversized walk-in pantry, a feature rarely found in homes of this style.
Three well-proportioned bedrooms are serviced by a neat and functional bathroom, while the home's solid construction provides the opportunity to modernise over time and add further value if desired.
Outside, a covered entertaining area overlooks the established backyard, offering a low-maintenance outdoor space that appeals to both families and tenants alike. Downstairs provides valuable storage and utility space, complemented by tandem parking beneath the home.
Combining a practical floorplan, desirable features and a sought-after location, this is a quality investment opportunity well suited to portfolio expansion or SMSF acquisition.
Current Rent: $570.00 per week
Current Lease until: 27/01/2027
Features You’ll Love:
• Elevated position capturing breezes and natural light
• Beautiful polished timber floors throughout
• Spacious open-plan living and dining area
• Functional kitchen with ample bench space and storage
• Extra-large walk-in pantry
• Well-sized bedrooms with great natural light
• Neat bathroom with future value-add potential
• Air-conditioning and ceiling fans throughout
• Covered outdoor entertaining area with ceiling fan
• Large, fully usable backyard with established greenery
• Under-house storage and multipurpose utility space
• Two tandem car spaces underneath the home
Homes that combine warmth, functionality and strong lifestyle appeal in this way are becoming increasingly hard to find. Contact Jessica or Elizabeth for access to the full property campaign, including the building and pest inspection report, seller disclosure documentation and rent appraisal.
Listing description written by Jessica Bennett, Elite Real Estate Rockhampton — reproduced as published, not verified by Districts.
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