Mount Morgan at a glance
2,134
People
$355,000
Median sale
$360/wk
Median rent
5.27%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
QLD › Mount Morgan › Bridge St
$195,000
Last sold
30 Aug 2023
4
Bedrooms
2
Bathrooms
1
Car spaces
488 m²
Land
230 m²
Building
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
$195,000
30 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in Mount Morgan (last 5 years) with land size have a median of $222/m² of land (n=156). Districts calculation from recorded sales — not a valuation.
Mount Morgan at a glance
2,134
People
$355,000
Median sale
$360/wk
Median rent
5.27%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Morgan
-45.1%
Median sale
Suburb $355,000
+4.33 pp
Gross yield
Suburb 5.27%
Suburb median $355,000 from 17 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 $360/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
Mount Morgan at a glance
2,134
People
$355,000
Median sale
$360/wk
Median rent
5.27%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Discover Real EstateThis highset 4-bedroom Queensland home is a piece of history waiting for a new family to bring her back to glory.
Packed full of character and charm, you are greeted by a stunning bay window out front ans inside you will find heaps of tongue and groove walls, ceilings and timber floors. At a total of over 260sqm under roof, she is quite grand in its scale. The high-rise ceilings in the upstairs residential area and the vast open area of the downstairs, reinforce the feeling of grandeur in every space of the home.
Upstairs there are 4 bedrooms, two with built-ins. A large lounge, separate dining room, front entry, study or come-what-may room, kitchen and bathroom, with a separate toilet just down the hall. The lounge has a new split system, reverse cycle unit which takes care of most of the upstairs.
The lounge and dining floors have been recently polished and flooring laid in the kitchen area. Several rooms have been freshened up with paint, showing you just how stunning the rest of the house can.
Downstairs is a huge open space that is the future home of a massive rumpus room, workshop, and car garage. Or maybe its destined to be a granny flat, teen's retreat or whatever else you can imagine.
Currently the laundry lives in the downstairs, with the new hot water system, and a 2nd toilet which is all dwarfed by vastness of the space. It is accessed via double doors that open to allow a lock-up car parking space at the front, or pedestrian door at the other side of the front OR an extra wide doorway at the rear.
Yes, there is quite a bit of work left to be done but the house is on a solid foundation having been fully restumped on steel posts and it is fully concreted underneath. The old roof has some surface rust, but by all accounts, she still has quite a bit of life left in her and she's chock-a-block with character and old world charm.
Less than a 2-minute walk to the grocery shop and secondary school and only another minute and a bit to the chemist, primary school, post office, bakery, newsagency, doctor's offices (multiple) and various other shops. Only a 25-minute drive to Rockhampton's roundabout and less than that to Gracemere's Shopping Centre with Woolie's and more.
Listing description written by Angela Douglas, Discover Real Estate — 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.