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QLD › Bundaberg West › Mulgrave St

21 Mulgrave St, Bundaberg West QLD 4670

House

$415,000

Last sold

8 Dec 2022

3

Bedrooms

1

Bathrooms

4

Car spaces

1,250 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $415,000 (8 Dec 2022).(Recorded sale)
  • FactLand 1,250 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Bundaberg West (last 5 years) with land size: median $558/m² of land (n=55). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$415,000

8 Dec 2022 · derived via latest_sale

Local land rate: recorded House sales in Bundaberg West (last 5 years) with land size have a median of $558/m² of land (n=55). Districts calculation from recorded sales — not a valuation.

Bundaberg West at a glance

2,789

People

$675,000

Median sale

$474/wk

Median rent

3.65%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Bundaberg West report →

Vs Bundaberg West

-38.5%

Median sale

Suburb $675,000

+2.29 pp

Gross yield

Suburb 3.65%

Suburb median $675,000 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$415,0008 Dec 2022
  2. Listedprice unknowncompleted21 Oct 2022
  3. Listedprice unknowncompleted21 Oct 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $474/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Bundaberg West in one glance

Bundaberg West at a glance

2,789

People

$675,000

Median sale

$474/wk

Median rent

3.65%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Bundaberg West report →

Keep researching

  • Why Bundaberg West? Read the area thesis →
  • What else is on the market in Bundaberg West →
  • Other records on Mulgrave St →

Listing material

Listed by RealWay Property Consultants Bundaberg

Another One SOLD By The Bundaberg Region's Favourite Real Estate Team - Brent Illingworth & Adam Rayner!

Low Set Cottage On An Incredible, Leafy 1,250sqm Allotment With So Much Wow-Factor!

This low set federation style cottage is hitting the market with a BANG! Situated in one of Bundaberg's most sought after areas, backing onto St Patrick's Catholic School on a stonking 1,250sqm high and dry block. The roadside appeal is all there and the home will not disappoint. So what are you waiting for?!

Behind the white picket fence you'll note the couple of steps up to a breezy front deck which pairs with the rear entertaining area to allow outdoor space for all seasons. Be encapsulated by original features like lead lighting, pine floors, high ceilings and tongue & groove walls from the moment you enter. Typical of the vintage there are two large bedrooms (one built-in / the other air conditioned plus fan) and a third in sleepout configuration.

Read the full description

The whole home branches off from a beautiful open plan kitchen / dining area with the bathroom - including shower over bath and toilet - to the right hand side along with bed three and a study nook. On the left are beds one and two and to the rear the huge kitchen with more dining capabilities if eat-in kitchens are more your thing. Drop down a couple of steps to enjoy more space with a rumpus room and the laundry / second toilet tucked to one side. From here, it's all about the great outdoors!

As blocks get smaller and smaller thanks to the times we live in, one of this size and style is truly something to get ahold of - and not let go. Sure there are probably some arguments for development into the future, but for ours it's a no brainer to enjoy the lush back drop and let the kids / pets play until their heart's content. Fully fenced with a heap of side access, double carport on the side of the home and a further double shed to rear - oversize with power. Not sure there's much more we could fit into this package especially at the price point! You want more? Ok, let's talk position.

Not only is one of Bundaberg's best schools on your door step, in either direction you're only a few minutes drive from the CBD and Sugarland Shopping Centre. A short walk will see you arrive at public schools, shops, medical specialists and a childcare. The convenience is unparalleled living in a central, established, flood free part of Bundaberg and you'll simply love living here!

To make that a reality you simply must reach out to Bundaberg's favourite Real Estate Team - Brent Illingworth and Adam Rayner - as the property is ready to be sold right now and you will not find anything else like it anytime soon.

RENTAL APPRAISAL - $430+ per week. Ask Brent or Adam how to go about getting placed in touch a member of the RealWay Property Management Team who are more than happy to discuss the rental options with you one-on-one in a personalised fashion.

***The information provided is to be used as an estimate only. All potential purchasers should make their own enquiries to satisfy themselves as to any due diligence required.***

Listing description written by Brent Illingworth, RealWay Property Consultants Bundaberg — reproduced as published, not verified by Districts.

Property features

  • Broadband
  • Floorboards
  • Fully Fenced
  • Outdoor Entertaining
  • Secure Parking
  • Shed
  • Study
  • Toilets: 2
  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.