Oonoonba at a glance
2,194
People
$630,000
Median sale
$579/wk
Median rent
4.78%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
QLD › Oonoonba › Riveredge Blvd
$435,000
Last sold
9 Aug 2023
4
Bedrooms
3
Bathrooms
2
Car spaces
188 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
$435,000
9 Aug 2023 · derived via latest_sale
Local land rate: recorded Semi-detached sales in Oonoonba (last 5 years) with land size have a median of $667/m² of land (n=3). Districts calculation from recorded sales — not a valuation.
Oonoonba at a glance
2,194
People
$630,000
Median sale
$579/wk
Median rent
4.78%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Vs Oonoonba
-31.0%
Median sale
Suburb $630,000
+2.14 pp
Gross yield
Suburb 4.78%
Suburb median $630,000 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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
QLDPlanning 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.
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
No advertised rent is recorded. Suburb median rent $579/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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Oonoonba at a glance
2,194
People
$630,000
Median sale
$579/wk
Median rent
4.78%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White TownsvilleSOLD By Ilise Nicholson
Located in the highly sought-after, family-centric community within 'The Village', Oonoonba, this contemporary duplex offers the perfect, low-maintenance investment opportunity, situated only 5km from the Townsville CBD. Achieve the returns of two properties on one allotment, without body corporate fees!
Looking to occupy? Invest now and move in later, with the potential to lease out one of the units and enjoy the passive income of the second residence.
Currently tenanted through the NRAS affordability scheme until November 6th, 2023, this property is currently returning $540*/week at strong 6.6% gross yield. An even more attractive return awaits the discerning investor, with appraised returns of $710/week at current market value, with a whopping gross yield of 8.7%, upon the expiration of the current lease in November!
With Townsville experiencing some of the highest rental yields in the country and vacancy rates continuing to come down, now is the perfect time to consider investing in the region.
Property Details:
Both residences are modern in design and feature a timeless colour palette and quality fixtures throughout. There are two separate entrances, offering a degree of privacy and separation between the two units.
26A:
- Currently tenanted at $337.60* under the NRAS scheme (market value appraisal of $400/week, after 06 November 2023)
- 3 spacious bedrooms, each with built-in wardrobes
- Split-system air conditioning to the master bedroom & living room
- Master bedroom features an ensuite with a walk-in shower and toilet
- Open plan living/dining with modern kitchen, and island bench with breakfast bar
- Family bathroom with shower over bathtub
- Low-maintenance outdoor living with patio and pebbled courtyard
- Remote controlled secure garage, with laundry
26B:
- Currently tenanted at $202.40* under the NRAS scheme (market value appraisal of $310/week, after 06 November 2023)
- Studio/loft with internal stairs, built-in robe & private balcony
- Split-system air conditioning
- Modern kitchen with overhead storage
- Bathroom with large walk-in shower and toilet
- Remote controlled secure garage, with laundry and storeroom
*not inclusive of NRAS incentive payable to the owner
'The Village' is one of Townsville's most prestigious, master-planned communities. Only a stones' throw from a range of amenities, childcare centres, schools, including Oonoonba State School, this location could not be more ideal! Just moments to Fairfield Shopping & Homemakers Centre, Kmart, Bunnings and The Precinct, there are a multitude of food and dining options available, right at your doorstep! Opportunities like this don't hit the market often, don't miss your chance!
Listing description written by Ilise Nicholson, Ray White Townsville — reproduced as published, not verified by Districts.
Nearby 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 (pending). 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
UnknownDevelopment applications have not been queried 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.