Vincent at a glance
2,236
People
$554,000
Median sale
$473/wk
Median rent
4.44%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
QLD › Vincent › Palmerston St
$315,000
Last sold
31 Aug 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
610 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
$315,000
31 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in Vincent (last 5 years) with land size have a median of $642/m² of land (n=80). Districts calculation from recorded sales — not a valuation.
Vincent at a glance
2,236
People
$554,000
Median sale
$473/wk
Median rent
4.44%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs Vincent
-43.1%
Median sale
Suburb $554,000
+3.37 pp
Gross yield
Suburb 4.44%
Suburb median $554,000 from 23 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 $473/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
Vincent at a glance
2,236
People
$554,000
Median sale
$473/wk
Median rent
4.44%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Cutting Edge Property(Please see our 3d tour to get a feel of what this property is really like.)
Investors! Are you looking for great return in a growing sector of the market? 201 Palmerston Street is currently rented for $430.00 per week until March 2024. This house has had all the hard work done! A new roof was installed in 2018 and the owner added a massive 10kw of solar panels. The kitchen and bathroom were both redone in 2018 as well So if you're looking for a solid investment with no maintenance at a bargain price, Be quick!
Hardwood structure and highly polished hardwood floors are the standout features of this typical mid-century Townsville high-set home. These classic residences were built to stand the test of time and with recent completed works... Its easy to rent out.
Townsville's largest employers James Cook University, The Townsville Hospital and Lavarack Barracks are a ten minute drive away and local schools including Pimlico High are just around the corner.
You might want to live in this home yourself... but you cant, there are excellent tenants in this property until March 2024. They love that the yard is fully fenced, and on Sunday mornings you can walk just down the road to Otto's Fresh Food Precinct for breakfast.
All three bedrooms feature highly polished hardwood floors and air-conditioning to keep you cool year-round. The bathroom has an easy-access shower making washing up the kids in the evening a breeze.
The home is currently occupied and we don't want to disturb the tenants. If however you want a video walk through of the property or you live locally and would like an on-site inspection - It can be easily arranged. Open homes will not be held.
Be Quick! At this price, this is one of the best value investments available in the 2023 market. Be sure and get in touch, so you don't miss out.
Listing description written by Lisa Tatnell, Cutting Edge Property — reproduced as published, not verified by Districts.