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QLD › Morayfield › Hilary St

24 Hilary St, Morayfield QLD 4506

For saleHouse for Sale

$980,000

For sale

Asking

5

Bedrooms

3

Bathrooms

2

Car spaces

375 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $980,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $980,000(Listing record · 24 June 2026)
  • FactLand 375 m²; no building size recorded.(Property record)
  • CalculationAsk is 7% above the Morayfield median recorded sale ($919,250, n=146, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Morayfield's advertised median rent ($610/wk), implied gross yield would be 3.24% — 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

$980,000

Asking · $2,613/m² of land

No recorded sale for this property.

Morayfield at a glance

33,069

People

$919,250

Median sale

$610/wk

Median rent

3.45%

Suburb gross yield

Median sale from 146 recorded sales (last 12 months) — a Districts calculation.

See the full Morayfield report →

Vs Morayfield

+6.6%

Median sale

Suburb $919,250

-0.21 pp

Gross yield

Suburb 3.45%

Suburb median $919,250 from 146 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$980,000
Stamp Duty (Queensland)
$37,125
Transfer/Registration Fee
$3,973
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
$1,024,798

$44,798 on top of the price (4.6% 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 Morayfield's advertised median rent — not a rent for this listing.

Net yield
1.74%
Annual cashflow (pre-tax)
$-33,940
Interest cover (DSCR)
0.33
Annual rent
$31,720
Operating expenses
$14,700
Loan amount
$784,000
Annual interest
$50,960
Gross yield
3.24%

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$980,000available24 June 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 $610/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 3.2%. 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

Morayfield in one glance

Morayfield at a glance

33,069

People

$919,250

Median sale

$610/wk

Median rent

3.45%

Suburb gross yield

Median sale from 146 recorded sales (last 12 months) — a Districts calculation.

See the full Morayfield report →

Keep researching

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

Listing material

Listed by @realty

MULTI GENERATIONAL LIVING

Do not miss this rare opportunity to secure a dual key home in one of Morayfield's most convenient locations. Whether you're accommodating extended family, providing independence for elderly parents or adult children, or seeking the flexibility to live in one residence while generating income from the other, 1 & 2/24 Hilary Street presents a unique opportunity rarely found in today's market.

Currently configured as two separately tenanted residences returning a combined $960 per week, the property offers immediate income while retaining the flexibility to adapt to your changing lifestyle needs in the future. With each residence enjoying its own private outdoor space and functional layout, occupants can enjoy both independence and privacy while remaining close to loved ones. With each residence offering its own kitchen, living areas, outdoor space and private entry, the property delivers genuine dual-living functionality without compromising privacy.

Unit 2 is a spacious four-bedroom residence thoughtfully designed for comfortable family living. The open-plan kitchen, living and dining area forms the heart of the home, flowing effortlessly to the covered outdoor entertaining area and fully fenced backyard. Offering generous accommodation and modern finishes throughout, it is perfectly suited to growing families seeking space without compromising on convenience.

Read the full description

Complementing the main residence, Unit 1 is a well-appointed one-bedroom home that provides an ideal space for grandparents, adult children, guests or independent family members. Designed to maximise practicality and comfort, it offers a private and low-maintenance lifestyle while still maintaining a sense of privacy and independence.

Positioned within walking distance of schools, childcare facilities, shopping centres, dining options and public transport, this versatile property offers a lifestyle of convenience for households of all shapes and sizes.

Property Details

• Land Size: 375m²

• Year Built: 2020

• Builder: Gallery Homes

Current Lease Details

• Unit 1: $335 per week – Periodic Lease

• Unit 2: $625 per week – Periodic Lease

Property Features:

Unit 1:

Master Bedroom

• Ceiling fan

• Roller blinds

• Carpet

• Built-in wardrobe

• Ensuite with stone benchtops

Kitchen

• Stainless steel dishwasher

• Dual sinks

• Microwave nook

• Stone benchtop

• Stylish splashback

• Electric stove

• Electric oven

• Stainless steel rangehood

• Ample cupboard storage

• Built-in pantry

• Modern finishes

Open-Plan Living and Kitchen

• Air-conditioning

• Tiled flooring

• Roller blinds

• Light and bright feel

Additional Features

• Internal laundry

• Massive storage cupboard

• Tidy fenced backyard, perfect for a dog

• Powered carport

Unit 2:

All Bedrooms Feature

• Ceiling fans

• Roller blinds

• Built-in wardrobes

• Carpet

Master Suite

• Modern ensuite

• Stone benchtops

• Ample benchtop space

• Modern design

• Second toilet

• Sizeable shower

Open-Plan Kitchen, Living and Dining

• Air-conditioning

• Roller blinds

• European laundry with ample storage

• Ceiling fan

Kitchen

• Island bench with stone benchtop

• Stainless steel dishwasher

• Dual sinks

• Microwave nook

• Stylish splashback

• Electric stove

• Electric oven

• Stainless steel rangehood

• Ample cupboard storage

• Two deep built-in pantries

• Modern finishes

Additional Features

• Outdoor patio

• Spacious fully fenced backyard

• Single lock-up garage with electric roller door

Location (Approx. Travel Times)

• Walking distance to childcare facilities and Morayfield East State School

• Walking distance to fast food restaurants

• Walking distance to Glenwood Drive Shopping Centre

• 2 minutes to Morayfield Shopping Centre

• 2 minutes to Morayfield State High School

• 1 minute to Bruce Highway access

• 4 minutes to Morayfield Train Station

• 31 minutes to Brisbane Airport

• 35 minutes to the Sunshine Coast

• 44 minutes to Brisbane CBD

Disclaimer: While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must satisfy themselves by inspection or otherwise. Although high standards have been used in preparing this document, no legal responsibility can be accepted for any loss or damage resulting from the content or use of this information. Any photographs show only certain parts of the property as they appeared when taken. Areas, amounts, measurements, distances, and all other numerical information are approximate only.

Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take necessary action to satisfy themselves with any pertinent matters.

Listing description written by Mitchell Younger, @realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Dishwasher
  • Fully Fenced
  • Outdoor Entertaining
  • Secure Parking
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.