West Gladstone at a glance
5,199
People
$541,750
Median sale
$406/wk
Median rent
3.90%
Suburb gross yield
Median sale from 82 recorded sales (last 12 months) — a Districts calculation.
QLD › West Gladstone › Walters Ave
$1,085,000
Last sold
24 June 2025
8
Bedrooms
4
Bathrooms
4
Car spaces
693 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
$1,085,000
24 June 2025 · derived via latest_sale
West Gladstone at a glance
5,199
People
$541,750
Median sale
$406/wk
Median rent
3.90%
Suburb gross yield
Median sale from 82 recorded sales (last 12 months) — a Districts calculation.
Vs West Gladstone
+100.3%
Median sale
Suburb $541,750
-1.95 pp
Gross yield
Suburb 3.90%
Suburb median $541,750 from 82 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 $406/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
West Gladstone at a glance
5,199
People
$541,750
Median sale
$406/wk
Median rent
3.90%
Suburb gross yield
Median sale from 82 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Raine & Horne GladstoneThis fully renovated block of four 2-bedroom units is one of the best multi-unit options in the property market at present and will be a "hot property" as 4 Packs are hard to come by... so act quickly or you will miss out!
Rental information of the 4 Units is below...
Unit 1: Rented for $370 per week - due to increase to hopefully $420 24/07/25
Unit 2: Rented for $380 per week until 13/05/2026
Unit 3: Rented for $380 per week until 17/05/2026
Unit 4: Rented for $340 per week until 23/01/2026
All 4 Units are on 1 Title and have been renovated in the last few years, so there is very little to do other than to just sit back and watch the property grow in value over the next couple of Boom Years for Gladstone.
Features of the complex include - four new kitchens have stainless appliances, ample cupboard space and are of a functional design. The two bottom units have a modern laminex timber look finish and the top two are a two-pac white finish which is to compliment the polished hardwood floors on that level. The two bottom units have tiled flooring throughout and all units have a combination shower/bath facility and new custom-made vanities which also house the washing machine. The toilet facilities completes the bathroom area. Both bedrooms have new fans, lights, screens and built-in cupboards with both of an excellent size and easily accommodating of most, if not all bedroom suites. All doors and windows have been security screened and as an added bonus there are large lockable courtyards for both the lower units and balconies for the upper level units.
Each unit has its own car parking facility and access is either by the front/main entry way which offers access to the bottom two units and a timber stairwell to the upstairs units. Rear access for all units is also available.
For more information on this Unit Complex please feel free to contact the Listing Agent Steven James on 0439 111 197 to arrange your private inspection.
Council Rates are approximately $10,500p.a.
Body Corporate Fees - Not Applicable
Listing description written by Steven James, Raine & Horne Gladstone — reproduced as published, not verified by Districts.