Toowoomba City at a glance
2,477
People
$776,750
Median sale
$497/wk
Median rent
3.33%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
QLD › Toowoomba City › Park Ln
$619,000
Last sold
1 Dec 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
455 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
$619,000
1 Dec 2023 · derived via latest_sale
Toowoomba City at a glance
2,477
People
$776,750
Median sale
$497/wk
Median rent
3.33%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Toowoomba City
-20.3%
Median sale
Suburb $776,750
+0.85 pp
Gross yield
Suburb 3.33%
Suburb median $776,750 from 14 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 $497/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.
Nearby
Area
Toowoomba City at a glance
2,477
People
$776,750
Median sale
$497/wk
Median rent
3.33%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX Success ToowoombaCHAN DE SILVA for The Jacqui Walker Sells Team presents this WHOLE DUPLEX corner Park Lane & Conloi Street 140 metres to beautiful Laurel Bank Park and literally 300 metres to major Grand Central Shopping Centre!
I SAID: ' Unbeatable inner-city location on a corner allotment !!! '
INVESTOR QUICK GLANCE:
- 1 x 3 Bedroom Unit, U2; and 1 x 1 Bedroom Unit, U1
- Current total weekly rent $630.00/wk
- Current gross rent yield 5.29% p.a.
- U2 with 3 Bedrooms earns $340/wk until Feb 2024
::: Our opinion of market worth is $360/wk
- U1 with 1 Bedroom earns $290/wk until Feb 2024
::: Our opinion of market worth is $330/wk
- Enact these potential increases and the yield would be 5.79% p.a.
- Get whole title = zero body corp fees
- Rates: $1,275.79 entire property net 1/2 yr
- Water Access: $350.32 net 1/2 yr
WHY is this the Duplex you must acquire?
- Set on a 455m2 CORNER allotment
- Security screens to each Unit
- Unit 2 - set on the corner-side of Conloi Street with 3 BEDROOMS - is entered thru the welcoming enclosed SUNROOM. This fabulous space leads to lovely dining area which flows to the spacious OPEN-PLAN living room. The kitchen - with electric oven and fridge space and useful cupboards - overlooks the lovely living zone. Also 3 bedrooms, each with built-in robes ... bathroom with shower and vanity ... separate private toilet ... laundry room ... handy linen/storage cupboard to dining room ... 2nd storage cupboard to hallway ... and garage. This Unit even offers some of the functions that a mobility-impaired person would require! You may be interested to know that Unit 2 was actually the original 3 Bedroom house, and some time ago, Unit 1 was added.
- Unit 1 - recognisable by its updated kitchen and bathroom with 1 BEDROOM - offers many drawcards! The professional Single or Couple will appreciate the handy CBD location; and they'll appreciate coming home at the end of a long day to the LOVELY BATHROOM with XL SHOWER, separate bathtub, 2 BASINS to vanity above plenty of drawers and cupboards. The LIGHT-FILLED, airy living room offers reverse-cycle AIR CONDITIONING - then in the kitchen, it's a large pantry, electric cooking, 2-bowl sink and all the cupboards and drawers you could wish for. Also discover the peaceful outlook from the bedroom, which features a large robe with mirrored sliding doors ... private separate toilet ... internally accessible garage with side storage cupboard and also laundry ... private front patio area ... and separate porch.
CENTRAL, CENTRAL with everything nearby:
- Lovely! 140m to Laurel Bank Park
- Wow: CBD area! 300m to major Grand Central Shopping Centre
- 1.3km to Toowoomba North Primary School
- 3km to Harristown High School
TOOWOOMBA ECONOMIC SNAPSHOT:
- Toowoomba region population approx. 170,000
- Toowoomba has a gross regional product of $11.56 billion
- Toowoomba is the gateway to the west
::: Abundant gas and oil resources
::: Significant rural wealth
- Inland city showing huge growth
::: $1.6 billion Second Range Crossing completed 2019
::: $500m QIC Grand Central Shopping Centre upgrade completed 2017
::: International Freight Airport
::: Airport Industrial Park
::: Regional Data Centre
- 80 mins drive to Brisbane, flights available
- Under 2 hour drive to Gold Coast
WITH SO MANY REASONS to say yes, all that's left to do is exactly that: SAY YES!
TO HELP YOU DO THAT, let's make a time for your Inspection. The Jacqui Walker Sells Team is standing by right now for your inquiry or call. INSPECT THIS PERFECTLY POSITIONED DUPLEX FAST!
*****USEFUL INFO courtesy of The Jacqui Walker Sells Team:
- Integrity: The doors in U1 Lounge Room are digital representations only of how those doors may look at Inspection. These photos were enhanced for marketing. You are encouraged to independently verify actual doors in this room.
- Directions: Corner Park Lane and Conloi Street
- Allotment Size: 455m2, corner
- Recent General Rates and Charges: $1,191.22 gross 1/2 yr
- Recent Water Infrastructure Charge: $314.60 net 1/2 yr + consumption
- Real Property Description: Lot 2 on RP 109734
- Local Government Area: Toowoomba Regional Council
- Internet: Each unit can connect to NBN on Fibre-to-the-Node technology, FTTN
- State School Zone: Toowoomba North Primary, P-6 and Harristown High, 7-12
- Disclaimer: All care taken, however you are encouraged to independently verify all figures, measurements & indications.
Listing description written by Jacqui Walker, RE/MAX Success Toowoomba — reproduced as published, not verified by Districts.