Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

QLD › Bungalow › Scott St

176 Scott St, Bungalow QLD 4870

For saleHouse

$675,000

For sale

$675,000

Last sold

15 Mar 2022

3

Bedrooms

1

Bathrooms

3

Car spaces

449 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 6 May 2026)
  • FactLand 449 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Bungalow (last 5 years) with land size: median $1,004/m² of land (n=46). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationIf it leased at Bungalow's advertised median rent ($495/wk), implied gross yield would be 3.81% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$675,000

15 Mar 2022 · 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.

See the full Bungalow report →

Vs Bungalow

-3.6%

Median sale

Suburb $700,000

+0.13 pp

Gross yield

Suburb 3.68%

Suburb median $700,000 from 12 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$675,000
Stamp Duty (Queensland)
$23,400
Transfer/Registration Fee
$2,576
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$704,676

$29,676 on top of the price (4.4% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Bungalow's advertised median rent — not a rent for this listing.

Net yield
2.31%
Annual cashflow (pre-tax)
$-19,485
Interest cover (DSCR)
0.44
Annual rent
$25,740
Operating expenses
$10,125
Loan amount
$540,000
Annual interest
$35,100
Gross yield
3.81%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listedprice unknownavailable6 May 2026
  2. Sold$675,00015 Mar 2022
  3. Listedprice unknowncompleted8 Mar 2022
  4. Listedprice unknowncompleted8 Mar 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Bungalow in one glance

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.

See the full Bungalow report →

Keep researching

  • Why Bungalow? Read the area thesis →
  • What else is on the market in Bungalow →
  • Other records on Scott St →

Listing material

Listed by Twomey Schriber Property Group

Prime Scott Street Location – House + Shed + Income

Positioned in one of Scott Street's most recognised trade and light industrial pockets, this versatile property presents an outstanding opportunity for tradies, small business owners, investors or buyers wanting flexibility, exposure and strong income potential.

Previously returning $4,000 per month with the house up until recently leased as an office at $2,914/month (which is now vacant ) and the rear shed is currently on a periodic lease for storage at $1,500/month, the setup offers immediate holding income while leaving plenty of future options open.

Whether you want to run your business from home, lease both separately, occupy one and rent the other, or secure a highly functional investment in a tightly held location, this one makes serious sense.

Read the full description

– 3-bedroom renovated residence ideal for a home or offices

– Near-new 110m² insulated shed with approx. 5m height clearance & 3 Phase Power

– 3 high-clearance roller doors ideal for vehicles, boats, trailers or equipment

– Renovated kitchen with quality finishes and excellent storage

– Fully air conditioned residence

– Separate external toilet and laundry servicing shed area

– Fully fenced 449m² industrial-zoned allotment

– Automatic front gate with secure rear access

– Ample off-street and street parking

– Quiet outside business hours and weekends despite the prime industrial address

Perfect for plumbers, electricians, cabinet makers, builders or any operator needing secure storage, visibility and flexibility in a proven location.

A rare chance to secure a highly adaptable property in prime tradie territory.

All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.

Listing description written by Karl Latham, Twomey Schriber Property Group — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Shed
  • Toilets: 2
  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.