Rasmussen at a glance
5,039
People
$611,250
Median sale
$506/wk
Median rent
4.30%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
QLD › Rasmussen › Geoffrey Ct
$278,000
Last sold
14 Sept 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
600 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
$278,000
14 Sept 2023 · derived via latest_sale
Local land rate: recorded House sales in Rasmussen (last 5 years) with land size have a median of $668/m² of land (n=104). Districts calculation from recorded sales — not a valuation.
Rasmussen at a glance
5,039
People
$611,250
Median sale
$506/wk
Median rent
4.30%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Rasmussen
-54.5%
Median sale
Suburb $611,250
+5.16 pp
Gross yield
Suburb 4.30%
Suburb median $611,250 from 40 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data unavailable for this jurisdiction (no_adapter:QLD)
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
QLDZoning is not available (no_adapter). 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 (no_adapter). 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 $506/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
UnknownZoning is not available (no_adapter).
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 (no_adapter). 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
UnknownNo DA adapter returned applications 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
Rasmussen at a glance
5,039
People
$611,250
Median sale
$506/wk
Median rent
4.30%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White TownsvilleSOLD By Coralie MacDonald & Ben Waugh
If you are seeking the perfect investment opportunity, then this is the one for you! With a secure lease in place, you have guaranteed returns until the end of January 2024. Currently rented at $350/wk and returning a current solid gross yield of 6.30%, with a rental appraisal of $380 - $410/wk the astute Investor will recognise this is an outstanding opportunity to diversify and boost their high growth property portfolio with the potential to achieve a gross rental yield of 7.3%!
23 Geoffrey Court, Rasmussen is a well-designed and conveniently located property with several attractive features. The house boasts an open plan design, where the dining family room is combined with the kitchen, creating a spacious and welcoming living area.
All bedrooms in the house are equipped with fans and split system air-conditioners, ensuring a comfortable environment regardless of the weather. The main bedroom also includes a built-in wardrobe, providing ample storage space.
One of the highlights of the property is the newly built enclosed secure patio/entertainment area. This area overlooks the backyard, making it ideal for keeping an eye on the kids while they play or hosting gatherings with family and friends.
The yard is fully fenced and has lockable double gate access, offering both security and convenience. This feature also provides the option to store a trailer or campervan securely.
Additional features of the property include a separate single carport at the front and a high-set undercover BBQ/storage area. These amenities add to the practicality and versatility of the home.
The location of 23 Geoffrey Court is highly convenient, with easy access to various amenities. It is only a short drive away from the Willows Shopping Centre, sporting facilities, Riverway Lagoon, and a variety of quality schools. The Cannon Park Entertainment Precinct is also within close proximity, offering entertainment options for residents.
Overall, 23 Geoffrey Court, Rasmussen is a well-located, spacious, and feature-packed property that combines convenience, affordability, and potential for investment.
Ray White Townsville is proud to present 23 Geoffrey Court, Rasmussen, contact team Waugh to avoid missing out on this fantastic investment opportunity!
The Property:
- Three (3) bedrooms, including a main bedroom with a built-in robe;
- Bathroom features a shower over the bathtub, making it suitable for kids. There is also a separate toilet;
- The kitchen is open plan and well-maintained, offering ample storage space;
- The living areas have tiled flooring, while the bedrooms have newly installed modern, durable dark carpet;
- All windows have security screens, and the doors are equipped with Crim safe doors for added security;
- The entire home is fully air-conditioned, with split systems and fans for comfortable living;
- The property has a solar system installed, providing great energy savings;
- There is a spacious internal laundry with plenty of storage space and a recently replaced hot water system;
- The yard is fully fenced, providing privacy and safety for both family and pets;
- A private and secure enclosed rear patio offers a great space to relax and enjoy a refreshing beverage;
- The property includes a single carport and a covered gated front patio/storage area for convenience and additional storage options.
The Location:
Centrally located to The Ring Road, James Cook University, The Townsville Hospital, public and private schools, walking and cycling tracks, parks and playgrounds, Cafes, restaurants, entertainment venues, fantastic sporting venues and fields, major shopping centres and medical facilities. This location is a high demand rental location future proofing your investment with reliable rental leases.
If you have been looking for the perfect investment opportunity in an affordable central location, Townsville is experiencing some of the highest rental yields in the country, extremely low rental vacancy rates and property forecasters predicting continued growth for the Townsville region. Now is the perfect time to invest and yield the strong future growth of this property and the local region.
Don't risk missing this fantastic investment opportunity contact team Waugh today - Coralie Macdonald 0413 450 652 or Ben Waugh 0487 730 456!
Listing description written by Coralie Macdonald, Ray White Townsville — reproduced as published, not verified by Districts.