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 › Coates St
$367,000
Last sold
17 Feb 2025
5
Bedrooms
1
Bathrooms
2
Car spaces
1,386 m²
Land
145 m²
Building
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
Last sold
$367,000
17 Feb 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 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
+3.4%
Median sale
Suburb $355,000
-0.17 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
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
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 EstateSpread out on this large 1386qm corner block that showcases a home that is the definition of Grand Queenslander. This approximately 140sqm this home is chock full of period features; Polished timber floorboards, Vertical tongue and Groove walls, Decorative support arch in the lounge, Casement windows, French doors and highset so heaps of space underneath (near another 140sqm)
Up the two abreast front stairs you can access the home from one of 4 different doorways in the traditional Queenslander fashion. You have two accesses from the lounge, French doors from the main bedroom, more French doors access another of the 5 total bedrooms. Turn around and sit down on your veranda to appreciate the stunning view of the reason Mount Morgan exists, the historic gold mine and its famous stack.
Once you enter the home you are large double lounge, with 12-foot-high ceilings to the left you find the main bedroom (15sqm+), 2nd bedroom (13sqm+), 3rd bedroom (11-12+sqm), Walk-in-robe, and a hallway. On the right there is the 4th & 5th bedrooms (8-11sqm each). At the rear of the lounge you can have a either a secondary informal dining or epic addition lounge space. There is a more formal dining room at the centre rear of the home, a kitchen (left rear corner) & bathroom with toilet (right rear corner). Along the back wall are the stairs that lead down to an outside shower shed with loo to keep you from bringing the dirt from the gardening into your beautiful home.
As is always the way with a Queenslander is versatile and can moulded to suit its family's needs. Leave it as it is or reconfigure it to suit your need, your options are endless.
To sweeten the pot even more underneath the home, which is about 2m head height, there is the laundry, massive areas for entertaining, a workshop, and a tandem carpark for 2 or more cars.
Out the back you'll find a 3 bay shed with double garage & right-side single carport which would also suit a patio/entertaining area, as if you didn't already have enough underneath the home.
There is also technically 3 street access on this lovely fully fenced corner block. You can enter the block from either the front left side of the house (runs to the shed up the back), the right side off block from the other street (also access the shed) or there is legal access from the rear of the block via its own private laneway. Although no one has used it for that for years, it is there if you want it.
Grand in every way, this home is ready to raise another generation and give them a childhood filled with beautiful memories that will be cherished for decades to come.
Listing description written by Angela Douglas, Discover Real Estate — reproduced as published, not verified by Districts.