Toowoomba City at a glance
2,477
People
$776,750
Median sale
$497/wk
Median rent
3.33%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
QLD › Toowoomba City › Hill St
$2,080,000
Last sold
4 Oct 2024
12
Bedrooms
8
Bathrooms
8
Car spaces
2,034 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
$2,080,000
4 Oct 2024 · derived via latest_sale
Toowoomba City at a glance
2,477
People
$776,750
Median sale
$497/wk
Median rent
3.33%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Toowoomba City
+167.8%
Median sale
Suburb $776,750
-2.09 pp
Gross yield
Suburb 3.33%
Suburb median $776,750 from 14 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 $497/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
Toowoomba City at a glance
2,477
People
$776,750
Median sale
$497/wk
Median rent
3.33%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Sovereign Property Partners ToowoombaOn one title & one level this complex of eight (8) units are very low maintenance. If you are looking for a great return-on-investment – this, is it!
In these seemingly endless days of depressing news – interest rate hikes, wars, fuel prices, housing crisis & now – occasionally … just occasionally, very occasionally a little ray of sunshine appears. What we call in real estate, a RARE! find…
This property has served the owner faithfully for years and now it is time to pass the baton.
A brilliant complex of eight (8) ground level units on the fringe of the city fringe… Four (4) units have 2 bedrooms, bathroom, & open plan kitchen/dining/living & four (4) units have one (1) bedroom, bathroom, open plan kitchen/dining/living, and all units have built-in carports. All units are generous in size, with good storage and abundant natural lighting. Internally, most units have been updated and in exceptionally well-maintained condition – and herein lies the greatest prospect for benefit and growth. Think of the complex as a 'blank canvas you can leave 'as is' and just keep collecting the rent, OR when opportunities arise, use your fresh ideas, combined with enthusiasm, to revitalise and rejuvenate what will remain a rarity in this location. Reap the rewards of an ever-increasing population, the resultant higher rents and with long-term capital gain assured. Rarely does a cluster of multi-unit dwellings of this calibre become available just a few minutes' walk to the CBD.
Email kylie@spp.net.au for more information including lease details & council rates.
NOTE: on one title – NO Body Corporate Fees
***Please note inspections By appointment ONLY - with tenanted homes, we must give advance, written notice for access and inspections.
Allow at least 48 hours for any inspection requests – and respect that this is the tenant's home. Please call to arrange.
Also NOTE: With long term tenants in place, privacy protocols do not allow me to take internal photos without written consent from tenants. The photos showing online are 'actual' external and internal photos, taken 8th July 2024. The units are 'lived-in' and mostly in 'original' condition. The complex is overall, well maintained by both tenants and current owners and in good order for their age.
General rates- $6428.60/half yr Water access infrastructure services fee- $1678.78/half yr
Once all tenancies have been renewed the annual rental income will be $139,360/yr
Listing description written by Kylie Nielsen, Sovereign Property Partners Toowoomba — reproduced as published, not verified by Districts.
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