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QLD › Rockville › Makepeace St

22 Makepeace St, Rockville QLD 4350

For saleHouse

$730,000

For sale

Asking

5

Bedrooms

1

Bathrooms

2

Car spaces

610 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $730,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $730,000(Listing record · 25 Aug 2026)
  • CalculationRecorded House sales in Rockville (last 5 years) with land size: median $787/m² of land (n=118). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 6% above the Rockville median recorded sale ($687,500, n=34, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Rockville's advertised median rent ($497/wk), implied gross yield would be 3.54% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$730,000

Asking · $1,197/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Rockville (last 5 years) with land size have a median of $787/m² of land (n=118). Districts calculation from recorded sales — not a valuation.

Rockville at a glance

3,245

People

$687,500

Median sale

$497/wk

Median rent

3.76%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Rockville report →

Vs Rockville

+6.2%

Median sale

Suburb $687,500

-0.22 pp

Gross yield

Suburb 3.76%

Suburb median $687,500 from 34 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$730,000
Stamp Duty (Queensland)
$25,875
Transfer/Registration Fee
$2,809
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$762,384

$32,384 on top of the price (4.4% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Rockville's advertised median rent — not a rent for this listing.

Net yield
2.04%
Annual cashflow (pre-tax)
$-23,066
Interest cover (DSCR)
0.39
Annual rent
$25,844
Operating expenses
$10,950
Loan amount
$584,000
Annual interest
$37,960
Gross yield
3.54%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$730,000available25 Aug 2026

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 $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.

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

Gross yield if leased at the suburb aggregate is 3.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Rockville in one glance

Rockville at a glance

3,245

People

$687,500

Median sale

$497/wk

Median rent

3.76%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Rockville report →

Keep researching

  • Why Rockville? Read the area thesis →
  • What else is on the market in Rockville →
  • Other records on Makepeace St →

Listing material

Listed by ABRA Agencies Toowoomba

Spacious Family Home Plus Studio

Calling investors, first home buyers and families - 22 Makepeace Street offers considerably more than its street presence suggests. Behind a tidy chamferboard-on-brick facade and an established, fully fenced garden, this 610m² block carries a 243m² floor plan across the home, decks and separate studio, all on one level, with ramp access at both the front and rear.

Four generous bedrooms sit over polished timber floors, each with built-in robes, ceiling fans and reverse cycle air conditioning. Three have televisions mounted to the wall, and these are included in the sale. Every window is fitted with a security screen.

The open plan living and dining area has been finished in new vinyl plank flooring and runs the width of the home, with its own reverse cycle unit and a full bank of built-in cupboards. The kitchen sits at one end with a , a freestanding gas cooker with four burners, oven and separate grill, a dishwasher, a large pantry. Storage keeps turning up right through the home.

Read the full description

A substantial rumpus room adjoins the living area, air conditioned, fitted with built-in robes and opening through a sliding door to the covered deck. It is the kind of room that changes with a household - teenage retreat, media room, home office or guest quarters.

The updated bathroom is a genuine feature, with a double shower, separate bath and a heater. A second toilet takes the pressure out of weekday mornings, and the laundry sits close by with direct access outside.

Then there is the studio, fully lined and painted, with power, lighting, a ceiling fan and a wide sliding glass door onto its own covered outdoor area. Set well clear of the main house at the rear of the block, it works as a fifth bedroom, self-contained space for an older child or extended family, a home business or a workshop - and it is connected to the house by its own ramp.

Outdoors, the covered deck steps down to a paved courtyard and an established garden of raised beds, potted colour and mature shade trees. A second ramp serves the front verandah. The block is fully fenced with a veggie patch already going.

Set on a quiet street, the position is a large part of the appeal. St Andrew's Hospital is a two-minute drive, and the new Toowoomba Hospital due for completion in 2029 is roughly three minutes away. Families are inside catchment for Rockville State School, two minutes down the road, and Wilsonton State High School, three minutes on. Shops, services and the Toowoomba CBD are all within easy reach.

Solar, gutter guard, two rainwater tanks and a carport keep the running costs and the day-to-day sensible.

Features we love

• 610m² fully fenced block on a quiet street, with established gardens and a veggie patch

• Four large bedrooms, all with built-in robes, ceiling fans, reverse cycle air conditioning and polished timber floors

• Studio with power, lighting, ceiling fan and its own covered outdoor area - ideal as a fifth bedroom or self-contained retreat

• Wall-mounted televisions in three bedrooms, included in the sale

• Open plan living and dining with new vinyl plank flooring, ceiling fan and reverse cycle air conditioning

• Kitchen with freestanding gas cooker, dishwasher, & a large pantry

• Oversized rumpus room with reverse cycle air conditioning, built-in robes and deck access

• Updated bathroom with double shower, separate bath and heater

• Second separate toilet

• Covered rear deck with ramp access through to the studio

• Front verandah with ramp access

• Carport

• Security screens throughout

• Solar, gutter guard and two rainwater tanks

• Extensive built-in storage throughout

• Two minutes to St Andrew's Hospital

• Three minutes to the new Toowoomba Hospital, due for completion in 2029

• Catchment for Rockville State School and Wilsonton State High School

Rental Appraisal: $600- $650 per week.

Homes with this much space, this much storage and an approved studio don't come up often in Rockville. Call today to arrange your inspection.

Please note: Some images in this listing have been virtually staged with digital furniture and decor to demonstrate potential spatial layout. The property is currently vacant.

Listing description written by Vanessa McLeod, ABRA Agencies Toowoomba — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Heating
  • Floorboards
  • Fully Fenced
  • Outdoor Entertaining
  • Rumpus Room
  • Solar Panels
  • Toilets: 2
  • Water Tank
  • 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.