Norman Gardens at a glance
11,120
People
$755,000
Median sale
$553/wk
Median rent
3.81%
Suburb gross yield
Median sale from 112 recorded sales (last 12 months) — a Districts calculation.
QLD › Norman Gardens › Farm St
$624,600
Last sold
14 May 2026
3
Bedrooms
1
Bathrooms
4
Car spaces
620 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
$624,600
14 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Norman Gardens (last 5 years) with land size have a median of $994/m² of land (n=130). Districts calculation from recorded sales — not a valuation.
Norman Gardens at a glance
11,120
People
$755,000
Median sale
$553/wk
Median rent
3.81%
Suburb gross yield
Median sale from 112 recorded sales (last 12 months) — a Districts calculation.
Vs Norman Gardens
-17.3%
Median sale
Suburb $755,000
+0.79 pp
Gross yield
Suburb 3.81%
Suburb median $755,000 from 112 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 $553/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
Norman Gardens at a glance
11,120
People
$755,000
Median sale
$553/wk
Median rent
3.81%
Suburb gross yield
Median sale from 112 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elite Real Estate RockhamptonThis is the kind of property that doesn’t sit on the market - it gets snapped up.
Positioned in the ever-popular suburb of Norman Gardens, 322 Farm Street presents an outstanding opportunity for both savvy investors and future owner-occupiers who understand the value of location, functionality, and immediate return. Currently tenanted at $550 per week until 02/12/2026, with a projected rental appraisal of $580 per week, this is a ready-made investment delivering strong, consistent income from day one, with clear upside already identified.
Step inside and you’re welcomed by polished timber floors that flow seamlessly throughout the home, creating warmth, character, and an effortless sense of cohesion. The modern kitchen is designed for both practicality and style, complete with quality finishes and a dishwasher, making everyday living and entertaining equally appealing. It’s a space that works - clean, functional, and built for real life.
The home offers three well-proportioned bedrooms, each fitted with built-in wardrobes, while air conditioning to both the main bedroom and living area ensures year-round comfort in our Central Queensland climate. The modern bathroom is fresh and thoughtfully designed, complemented by the convenience of a separate toilet A a feature that continues to be highly sought after by both tenants and families alike.
Downstairs, the property continues to deliver with a double lock-up carport and internal laundry, providing practical storage and secure parking. Outside, the fully fenced yard offers privacy, space, and peace of mind - ideal for families, pets, or simply enjoying your own outdoor retreat.
Set in a high-demand pocket of Norman Gardens, close to schools, shopping, and key amenities, this is a property that ticks the boxes investors are actively chasing - strong rental return, low-maintenance features, and long-term growth potential.
Properties like this, at this price point, with this level of return, do not last.
Offers above $589,000 are invited - and we expect strong interest.
**Please note the tenants belongings have been removed & staged by the photographer due to the tenants not wishing to have their belongings posted online**
Listing description written by Sharni Simpson, Elite Real Estate Rockhampton — reproduced as published, not verified by Districts.
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