Koongal at a glance
4,384
People
$575,000
Median sale
$479/wk
Median rent
4.33%
Suburb gross yield
Median sale from 64 recorded sales (last 12 months) — a Districts calculation.
2
Bedrooms
1
Bathrooms
0
Car spaces
736 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Koongal (last 5 years) with land size have a median of $684/m² of land (n=117). Districts calculation from recorded sales — not a valuation.
Koongal at a glance
4,384
People
$575,000
Median sale
$479/wk
Median rent
4.33%
Suburb gross yield
Median sale from 64 recorded sales (last 12 months) — a Districts calculation.
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 $479/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Koongal at a glance
4,384
People
$575,000
Median sale
$479/wk
Median rent
4.33%
Suburb gross yield
Median sale from 64 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elite Real Estate RockhamptonPositioned on a generous 736m² allotment, this well-maintained investment property delivers exactly what savvy investors are searching for—immediate rental income, a secure long-term tenancy and genuine future potential.
With a lease already in place until December 2026, you can enjoy peace of mind from day one while securing a property that offers exciting opportunities to add value over time.
Inside, the home offers practical, comfortable living with two bedrooms, a dedicated study or multi-purpose room and a functional layout that continues to appeal to long-term tenants. Neatly presented throughout, there's nothing to do but enjoy the returns.
The Opportunity Doesn't End There
Set on a substantial 736m² block, the property offers excellent side access and an abundance of usable land—a rare combination that opens the door to future improvements, additional shedding, a pool, granny flat or further development potential (STCA).
As larger allotments become increasingly difficult to secure, this property presents an excellent opportunity to land bank while generating an immediate return.
Investment Snapshot
✔ Secure tenancy in place until 8 December 2026
✔ Current rent: $2,042.26 per month
✔ Last rent review completed 9 May 2026
Property Features
Generous 736m² allotment with excellent side access
Two bedrooms plus dedicated study/multi-purpose room
High-set home with valuable usable space underneath
Spacious fully fenced backyard
Plenty of room for a shed, pool, granny flat or future improvements (STCA)
Functional kitchen with excellent storage
Open-plan living and dining area
Air-conditioned living area and master bedroom
Beautiful timber flooring with carpeted bedrooms
Spacious bathroom
Covered outdoor entertaining area
Internal laundry and additional storage
Established, low-maintenance gardens
Whether you're looking to expand your portfolio, secure a dependable investment or purchase a property with exciting long-term development potential, 339 Rhodes Street represents exceptional buying in today's market.
Properties offering secure income today with genuine future upside are becoming increasingly difficult to find.
Listing description written by Jessica Bennett, Elite Real Estate Rockhampton — reproduced as published, not verified by Districts.