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 › Josephine Cres
$295,000
Last sold
15 Nov 2023
3
Bedrooms
1
Bathrooms
1
Car spaces
703 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
$295,000
15 Nov 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
-51.7%
Median sale
Suburb $611,250
+4.62 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 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 $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
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
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 TownsvilleUNDER CONTRACT By Lukas Syer-Sailor
Positioned on a quiet street in Rasmussen, this well maintained, charming home offers a life of ease, comfort and convenience.
Freshly painted throughout and presenting a simple, practical layout with a large living room upon entry that flows seamlessly into the dining and kitchen areas. Featuring tiled flooring throughout, and fit with split system air-conditioning, this is the perfect space to relax and unwind in.
The well-appointed, galley style kitchen offers double bowl sink, plenty of bench space, ample amounts of storage, a full pantry and an electric oven. Located at the end of the kitchen is the internal laundry for ease of access. All three bedrooms are generous in size and feature soft carpet and air-conditioning - all serviced by the central bathroom that features a shower over tub, a large vanity with extra storage.
The large 703sqm block offers plenty of space for the kids or pets to run wild. Lined with established tropical gardens, entertaining friends and family on the outdoor patio or simply relaxing in the spa will be a delight.
This wonderful property is tenanted until the 29th of January 2024 with a great, long-term tenant in place, currently renting for $350 per week.
The property;
• Large living, kitchen and dining areas
• Three spacious bedrooms
• Shower over tub
• Separate WC
• Internal laundry w/ additional extra storage
• Air-conditioning and ceiling fans throughout
• Tiled throughout main living areas
• Large outdoor entertaining area w/ Spa
• Security screens
• One car carport
• Garden shed
• Fully fenced
• 703sqm fenced block
When it comes to location this home sits in the heart of the ever-growing Upper Ross. Within very close proximity to Woolworths Riverway Plaza, Public Transport, PCYC Upper Ross and Community Centre. This superb position also provides ample options of Early Learning Centres and access to both private and state schooling. With just short drive over the Ring Road you will find yourself at James Cook University, the Townsville University Hospital as well as Lavarack Barracks.
Whether you are a savvy investor, first home buyer or you're looking to downsize, this exceptional property is sure to tick some boxes.
An opportunity like this is too good to miss and it certainly won't last long. Call Lukas Syer-Sailor on 0403 350 895 to arrange your very own, private inspection today!
Listing description written by Lukas Syer-Sailor, Ray White Townsville — reproduced as published, not verified by Districts.