Cranbrook at a glance
6,096
People
$640,000
Median sale
$499/wk
Median rent
4.05%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
QLD › Cranbrook › Northwest Cres
7
Bedrooms
4
Bathrooms
4
Car spaces
650 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Cranbrook (last 5 years) with land size have a median of $850/m² of land (n=102). Districts calculation from recorded sales — not a valuation.
Cranbrook at a glance
6,096
People
$640,000
Median sale
$499/wk
Median rent
4.05%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
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 $499/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
Cranbrook at a glance
6,096
People
$640,000
Median sale
$499/wk
Median rent
4.05%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Page & PearceThis two-storey home in Cranbrook offers a rare opportunity to secure a fully configured rooming accommodation property with excellent returns. Fully furnished with Seven spacious bedrooms and Four bathrooms across two self-contained levels, the home has been consistently rented to students for the past eight years, easily achieving 100% occupancy. Having been extended and renovated in 2017 the property is purpose-built for student living, rooming accommodation with fixed 12-month leases. Offering proven rental growth, consistent cash flow, and strong returns well above typical residential benchmarks.
Finances:
-Delivering 7.2% yield for 2025 increasing to 7.5% for 2026.
-Rental Income 2025 $1,410 per week
-Projected Rental Income 2026 $1,460 per week
-Council Rates $2,529.40 per 6 months
Why This Property Stands Out
With strong ongoing demand for affordable student housing, annual rental increases, and a proven track record of full occupancy, this property represents an outstanding investment in Townsville's growing rooming accommodation market.
Layout
Upper Floor:
-Four bedrooms, each well-sized independent living space.
-Two modern bathrooms, four sinks, 2 showers plus separate toilet
-Expansive kitchen with open-plan dining
-Additional living area leading to a breezy front balcony
Ground Floor:
-Three large bedrooms
-Full second kitchen with dining area
-Two modern bathrooms, Three sinks, Two showers, 2 Toilets
-Large internal communal laundry with two washing machines and extra storage
-Separate entry with potential for a 2-bedroom self-contained unit
External Features:
-Large, covered patio- includes secure bike rack and 7 key safes for spare bedroom keys
-Secure, low-maintenance backyard with shed
-Electronic lock to back door for keyless entry
-Two driveways providing ample off-street parking
Additional Features:
-Fully furnished throughout
-Air conditioners in all bedrooms (relatively new)
-New electrical switchboard
-2.5kW solar power system
Flexible Accommodation and multi-use layout
• Current use as a spacious 7-bedroom rooming house, purpose-built for student living, with shared communal areas and private bedrooms spread across both levels.
• Property reconfiguration supports a self-contained 2-bedroom flat downstairs plus a 5-bedroom home, ideal for dual leases, multi-generational living, or rental flexibility.
• A large Family home perfectly suited for big families who value both space and functionality.
Location:
Set in a quiet, high-demand area of Cranbrook, tenants are close to James Cook University, Townsville Hospital, Stockland Shopping Centre, Local schools and parks
Listing description written by Helena Wait, Page & Pearce — 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.