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QLD › Innisfail Estate › Riverside Cres

25 Riverside Cres, Innisfail Estate QLD 4860

House

$440,000

Last sold

17 Jan 2024

4

Bedrooms

2

Bathrooms

1

Car spaces

835 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 $440,000 (17 Jan 2024).(Recorded sale)
  • FactLand 835 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Innisfail Estate (last 5 years) with land size: median $498/m² of land (n=30). 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

$440,000

17 Jan 2024 · derived via latest_sale

Local land rate: recorded House sales in Innisfail Estate (last 5 years) with land size have a median of $498/m² of land (n=30). Districts calculation from recorded sales — not a valuation.

Innisfail Estate at a glance

1,519

People

$510,000

Median sale

$384/wk

Median rent

3.92%

Suburb gross yield

Median sale from 9 recorded sales (last 12 months) — a Districts calculation.

See the full Innisfail Estate report →

Vs Innisfail Estate

-13.7%

Median sale

Suburb $510,000

+0.62 pp

Gross yield

Suburb 3.92%

Suburb median $510,000 from 9 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$440,00017 Jan 2024
  2. Listedprice unknowncompleted3 Nov 2023

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 $384/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

Innisfail Estate in one glance

Innisfail Estate at a glance

1,519

People

$510,000

Median sale

$384/wk

Median rent

3.92%

Suburb gross yield

Median sale from 9 recorded sales (last 12 months) — a Districts calculation.

See the full Innisfail Estate report →

Keep researching

  • Why Innisfail Estate? Read the area thesis →
  • What else is on the market in Innisfail Estate →
  • Other records on Riverside Cres →

Listing material

Listed by Raine & Horne Innisfail

Dress Circle location

This beautifully presented family home has all the great features of a house built to Federal Govt specifications with generous proportions and all school building techniques, embracing a quality of craftmanship and material that is difficult to find these days, mixed with a very fresh modern look. Located on the sought-after Riverside Drive, where the riverfront cycleway leads you into town in a matter of minutes. It is close to the public and private schools and the waterfront restaurants and bars are just across the river.

The property will suit families with its four large bedrooms, all fully air-conditioned, good-sized living space, and bright sunny kitchen. The bathroom with a full bath, large shower, and separate toilet is modern, light, and bright. The home has been freshly painted inside and out. It has brand-new floor coverings and the front deck with its water glimpses and cool breezes is also brand new.

The kids will love the park across the road which gives you access to the riverfront. Your teenager or extended family will love the fully self-contained one-bedroom independent flat downstairs. It has a full kitchen, a large open-plan living/dining area, and a full bathroom. This apartment could be rented separately, and with the current rental crisis, it would be very easy to fill.

Read the full description

The 835 sqm block is level and fully fenced and has established tropical fruit trees including a loaded Lychee tree, massive jackfruit, and a variety of citrus. This yard is perfect for the kids and the family pooch. There is solar hot water, a large single garage with workshop space at the rear, and side access to get a motor vehicle or boat into the backyard.

This is a house with a particularly nice street appeal. There is not a cent to spend and it is a family home that you will be proud to own.

Contact Michael Skuse

Listing description written by Michael Skuse, Raine & Horne Innisfail — reproduced as published, not verified by Districts.

Also look at

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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.