Mount Sheridan at a glance
9,060
People
$740,000
Median sale
$648/wk
Median rent
4.55%
Suburb gross yield
Median sale from 115 recorded sales (last 12 months) — a Districts calculation.
QLD › Mount Sheridan › Madigans Dr
$826,000
Last sold
9 Feb 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
517 m²
Land
152 m²
Building
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
$826,000
9 Feb 2026 · derived via latest_sale
Local land rate: recorded House sales in Mount Sheridan (last 5 years) with land size have a median of $1,030/m² of land (n=174). Districts calculation from recorded sales — not a valuation.
Mount Sheridan at a glance
9,060
People
$740,000
Median sale
$648/wk
Median rent
4.55%
Suburb gross yield
Median sale from 115 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Sheridan
+11.6%
Median sale
Suburb $740,000
-0.47 pp
Gross yield
Suburb 4.55%
Suburb median $740,000 from 115 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $648/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
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
Mount Sheridan at a glance
9,060
People
$740,000
Median sale
$648/wk
Median rent
4.55%
Suburb gross yield
Median sale from 115 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Garry Walker Real EstatePositioned on a 517m2 corner block, opposite the Cannon Creek Park in Forest Gardens, this superbly maintained 4 bed, 2 bath, 2 car home offers comfort, space and effortless living in sought after Mount Sheridan. PLUS...all contents and appliances stay.
As you enter the beautifully appointed entryway, the home features fully tiled open plan living, kitchen and dining areas, complemented by full security screening, ceiling fans and split system air conditioning throughout, for year-round comfort. The spacious kitchen is equipped with a gas cooktop and an electric oven with plenty of bench space for family entertaining.
The extra-large master bedroom is a true retreat with split system air conditioning, ceiling fan and new timber look vinyl flooring, that adds both style and practicality. A beautifully appointed ensuite boasting a twin shower with heated lighting, as well as a generous size walk in robe. The remaining three bedrooms are all beautifully sized and well-appointed with split system air-conditioning and fans to keep you cool, with plush carpet and double door built in robes. The main bathroom includes a large separate shower and bathtub, with the convenience of a separate toilet- ideal for families. The sizeable laundry offers excellent storage with double door cupboard and screen door access to the backyard.
Step outside to the lovely entertainment area with beautiful pebblecrete pathways surrounding the home. Lush easy-care gardens create a private and low maintenance outdoor space. The double lockup garage includes an electric roller door for added convenience with plenty of shelving to keep the garage neat and clutter free. As well as a gas hot water system.
Property Features:
• 4 Generous sized bedrooms
• Split system air conditioning and fans throughout
• Extra-large master bedroom with ensuite and walk-in robe
• Modern kitchen with gas stove top and electric oven
• Spacious laundry with external access
• Outdoor entertaining area with pebblecrete pathways
• Easy care landscaped gardens
• Double lock up garage with electric roller door
• Opposite Cannon Park parklands
• All contents and appliances stay
This home is truly walk in walk out, offering exceptional presentation and functionality in a peaceful parkside setting. No need to move anything, just walk in and relax!! Only 10 minutes to Cairns CBD. Close to schools, shops and amenities.
DISCLAIMER: Whilst we deem this information to be reliable the agent cannot guarantee its accuracy and accepts no responsibility for such. Interested persons should rely on their own inquiries.
Listing description written by Mark English, Garry Walker Real Estate — reproduced as published, not verified by Districts.