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.
QLD › Bungalow › Morehead St
$770,000
Last sold
5 June 2024
3
Bedrooms
2
Bathrooms
1
Car spaces
405 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
$770,000
5 June 2024 · 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.
Vs Bungalow
+10.0%
Median sale
Suburb $700,000
-0.34 pp
Gross yield
Suburb 3.68%
Suburb median $700,000 from 12 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 $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.
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
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.
Listing material
Listed by Inspire Real Estate CairnsStep into this enchanting tropical retreat, where charm meets functionality and every corner whispers of elegance! Prepare to be captivated by the masterful architecture and delightful features of this once-extended property. A true gem that demands to be experienced.
As you enter, be greeted by soaring raked ceilings adorned with rustic timber beams sourced from a Tobacco farm near Mareeba. The heart of the home, a meticulously designed kitchen with a breakfast bar, seamlessly flows into the main living area and out onto the decking, creating an ideal space for everyday living and entertaining. A convenient butler's pantry, discreetly tucked away behind sliding doors, complements the kitchen, equipped with a fridge drawer, two under-bench ovens, and a gas stove.
The main living area exudes a sense of spaciousness, accentuated by the high ceilings, rustic beams, and cleverly placed mirrored alcoves, while multiple louvre bays invite in natural light and fresh air. A separate second lounge at the front of the property offers additional relaxation space, while beautiful timber floorboards, sourced from a Melbourne warehouse, infuse warmth throughout the home.
Step outside onto the expansive timber deck, perfect for hosting gatherings both intimate and grand, seamlessly blending indoor and outdoor living. At the opposite end of the house, the generous master suite beckons, with access to a charming patio, ideal for enjoying morning coffees or evening sunsets. Complete with a walk-in robe and a unique wet ensuite, this retreat offers the ultimate in comfort and relaxation.
The spacious main bathroom partnered with the generous 2nd and 3rd bedrooms echoes the styling of the ensuite, featuring a space-saving laundry.
Outside, discover a low-maintenance sanctuary, with established tropical gardens providing privacy and tranquility. Relax by the quaint fish pond and feel the stresses of the day melt away. For added versatility, a bonus studio awaits at the rear, perfect for pursuing hobbies or providing additional storage.
Don't miss the opportunity to make this exquisite home yours—join us for an open house and discover your own piece of paradise!
Listing description written by Scott Mitchell, Inspire Real Estate Cairns — reproduced as published, not verified by Districts.