Cranbrook at a glance
6,096
People
$640,000
Median sale
$499/wk
Median rent
4.05%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
QLD › Cranbrook › Serrano Cres
$470,000
Last sold
29 June 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
661 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
$470,000
29 June 2023 · derived via latest_sale
Local land rate: recorded House sales in Cranbrook (last 5 years) with land size have a median of $850/m² of land (n=101). Districts calculation from recorded sales — not a valuation.
Cranbrook at a glance
6,096
People
$640,000
Median sale
$499/wk
Median rent
4.05%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Vs Cranbrook
-26.6%
Median sale
Suburb $640,000
+1.47 pp
Gross yield
Suburb 4.05%
Suburb median $640,000 from 61 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 $499/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
Cranbrook at a glance
6,096
People
$640,000
Median sale
$499/wk
Median rent
4.05%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White TownsvilleSOLD By Paul and Melissa Kotze
Welcome to your dream home with a great location. Picture yourself in this stunning 4-bedroom, 2-bathroom oasis, set on a sprawling 661 sqm block. As you approach, the property's open and inviting exterior captivates your senses, showcasing sizeable paths and lush green lawns that beckon you to explore further.
Step inside, and you'll be enchanted by the generous proportions of each room. The entire residence exudes an aura of spaciousness, ensuring that every family member can relish their own personal haven. A newly installed kitchen takes center stage, boasting sleek stone benchtops, a ceramic cooktop, and a magnificent 1.5 oven that inspires your culinary prowess.
The multiple living areas and dining room are thoughtfully designed, providing ample space for both relaxation and entertainment. The entire home is adorned with exquisite tiles, effortlessly combining style and practicality. As you venture further, you'll discover a separate toilet and bath, ensuring convenience for all occupants.
The bedrooms, true retreats in their own right, are adorned with built-in robes, offering ample storage and creating an organized and clutter-free environment. Imagine waking up each morning and stepping onto the charming alfresco area, where you can bask in the beauty of the manicured backyard garden. It's the perfect spot to enjoy a cup of coffee or host intimate gatherings with loved ones.
This home boasts additional features that elevate it to the next level of luxury living. With a lawn locker, you'll have ample space to store your outdoor equipment, ensuring a tidy and organized abode. Furthermore, two undercover car parks provide shelter for your vehicles, protecting them from the elements. The fully airconditioned home with fans throughout ensures year-round comfort
Beyond the confines of this magnificent residence lies a world of convenience and opportunity. Immerse yourself in the beauty of the manicured garden, a testament to the care and love invested in this property.
Nearby, you'll find an array of shopping malls, including Stockland Townsville Shopping Centre and Willows Shopping Centre Townsville, providing easy access to all your retail needs. Education is just a short drive away, with Cranbrook SS, Weir SS, Holy Spirit School and Ignatius Park being the closest. James Cook University and Townsville Hospital are just a few minutes drive away. Lastly, embrace the outdoors with the abundance of parks and recreational areas nearby, such as Riverside Off-Leash Dog Park and Ross River Park, where you can unwind and enjoy nature's splendour.
Listing description written by Paul & Melissa Kotze, 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.