Garbutt at a glance
2,507
People
$620,000
Median sale
$417/wk
Median rent
3.50%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
$527,250
For sale
$527,250
Last sold
26 Aug 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
911 m²
Land
Districts View
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
Asking
$527,250
26 Aug 2025 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Garbutt (last 5 years) with land size have a median of $625/m² of land (n=98). Districts calculation from recorded sales — not a valuation.
Garbutt at a glance
2,507
People
$620,000
Median sale
$417/wk
Median rent
3.50%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Vs Garbutt
-15.0%
Median sale
Suburb $620,000
+0.61 pp
Gross yield
Suburb 3.50%
Suburb median $620,000 from 31 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$22,457 on top of the price (4.3% extra)
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.
Pre-filled with Garbutt's advertised median rent — not a rent for this listing.
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.
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 $417/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
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 (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.
Area
Garbutt at a glance
2,507
People
$620,000
Median sale
$417/wk
Median rent
3.50%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Need PropertyWhether you're searching for your first home, a quality investment or a property with exciting future upside, this immaculately presented residence delivers exceptional value in one of Townsville's most convenient locations.
Positioned in the heart of Garbutt on a generous 911sqm allotment, this move-in-ready home offers vacant possession, allowing owner-occupiers to move straight in or investors to immediately capitalise on an anticipated rental return of up to $580 per week.
Adding even greater appeal is the property's development potential. With its substantial landholding, the site presents an exciting opportunity (subject to council approval) to explore subdivision possibilities, creating the potential for dual income streams or future capital growth.
Privately positioned behind a secure electric gate with a fully fenced yard, the home offers space, security and practicality, all while being just minutes from local schools, shopping centres, the Townsville CBD, The Strand and Townsville Airport.
Inside, you'll find an inviting, light-filled layout designed for effortless everyday living. Three generously proportioned bedrooms, all complete with split-system air conditioning, provide comfortable accommodation.
The wet-room style bathroom creates a luxurious feel with floor-to-ceiling tiling, dual shower heads, a double vanity and premium tapware. Natural light floods the home through large windows, complemented by cooling cross breezes and low-maintenance vinyl flooring throughout the main living areas.
At the heart of the home is a spacious open-plan living and dining area that flows seamlessly into a well-appointed kitchen featuring warm timber cabinetry, generous bench space, ample storage and a gas upright cooker—perfect for those who love to cook and entertain.
Downstairs, the home continues to impress with extensive lockable storage, a dedicated laundry area and a single lock-up garage, providing plenty of room for tools, hobbies or additional storage.
Outside, the expansive fully fenced backyard provides endless possibilities. Whether you're looking for room for children and pets, space for a shed or pool, or the opportunity to investigate a future subdivision, this sizeable allotment offers flexibility that is becoming increasingly difficult to find this close to the city.
Need To Knows
- Generous 911sqm fully fenced allotment with secure electric gate
- Vacant possession available
- Estimated rental return of up to $580 per week
- Potential subdivision opportunity to create dual income streams
- Three spacious bedrooms, all with split-system air conditioning
- Stunning wet-room style bathroom with dual shower heads, double vanity and floor-to-ceiling tiles
- Spacious open-plan living and dining area
- Well-appointed kitchen with timber cabinetry, gas cooktop and excellent storage
- Low-maintenance vinyl flooring throughout the living areas
- Security screens throughout
- Lockable under-house storage
- Laundry and single lock-up garage
- Minutes to schools, shopping centres, Townsville CBD, The Strand and major amenities
Additional Information
Rates - $2271.33 per half year
Rental Appraisal - Up to $580 per week
Kya Faust
0432 486 900
Luke Need
0432 773 223
Listing description written by Kya Faust, Need Property — reproduced as published, not verified by Districts.