Rosslea at a glance
2,147
People
$850,000
Median sale
$443/wk
Median rent
2.71%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
$340,000
Last sold
8 July 2024
2
Bedrooms
1
Bathrooms
1
Car spaces
981 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
$340,000
8 July 2024 · derived via latest_sale
Local land rate: recorded House sales in Rosslea (last 5 years) with land size have a median of $1,293/m² of land (n=40). Districts calculation from recorded sales — not a valuation.
Rosslea at a glance
2,147
People
$850,000
Median sale
$443/wk
Median rent
2.71%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Rosslea
-60.0%
Median sale
Suburb $850,000
+4.07 pp
Gross yield
Suburb 2.71%
Suburb median $850,000 from 13 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 $443/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
Rosslea at a glance
2,147
People
$850,000
Median sale
$443/wk
Median rent
2.71%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White TownsvilleWelcome to an exceptional development opportunity in the vibrant suburb of Mundingburra, located in Townsville, Queensland. This prime development site offers a variety of options and is strategically positioned to take advantage of the future growth of Townsville. With its existing house and generous land size, this property presents an ideal canvas for a range of development possibilities.
Location:
Situated in Mundingburra, one of Townsville's most sought-after suburbs, this development site enjoys a prime position within close proximity to the city's best amenities. Residents will benefit from the convenience of having schools, shopping centers, recreational facilities, and public transport options just minutes away. The thriving commercial and entertainment precincts are also easily accessible, ensuring a high level of convenience and desirability for future residents.
Development Potential:
The property boasts immense potential for development, offering a range of options to suit various investment strategies. With a current Development Approval (DA) in place, the site allows for the addition of townhouses behind the existing house. This presents an excellent opportunity for immediate work to commence, providing a streamlined development process and the potential for quick returns.
Alternatively, developers may choose to demolish the existing house and take full advantage of the large block size. This opens up the possibility of creating a large-scale of a five-unit dwelling site, catering to the growing demand for high-density housing options in Townsville.
Benefits:
Growing Market: Townsville's future growth prospects make this development site an attractive investment opportunity. With ongoing infrastructure development and a flourishing economy, the demand for quality housing is expected to rise, ensuring a ready market for potential buyers or tenants.
Large Block Size: The generous land size of the property provides ample space for creative design and development options. Developers can explore different configurations, such as spacious townhouses or a multi-unit dwellings, to maximize the site's potential and cater to diverse market preferences.
In summary, this development site in Mundingburra, Townsville, presents an exceptional opportunity for astute investors and developers. With its prime location, existing house, and convenient access to Townsville's best amenities, the property offers a range of options to suit various development strategies. Whether you choose to work with the existing DA or explore a large-scale multi-unit development, this site has the potential to deliver significant returns in line with Townsville's future growth. Don't miss out on this perfect development opportunity in one of Townsville's most sought-after locations.
*Property Description/Write-Up is Copyright of Team Giovanni at Ray White Townsville.
Disclaimer: Ray White Townsville has prepared this information using every endeavour to ensure that the information given is true and accurate but accepts no responsibility or liability in respect of any errors, omissions or inaccuracies that may occur. All prospective purchasers should endeavour to make their own enquiries to verify the accuracy of the information provided.
Listing description written by Giovanni Spinella, 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.