Wulguru at a glance
4,647
People
$642,500
Median sale
$455/wk
Median rent
3.68%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
QLD › Wulguru › Neelsen St
$500,000
For sale
Asking
3
Bedrooms
1
Bathrooms
2
Car spaces
728 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
Asking
$500,000
Asking · $687/m² of land
No recorded sale for this property.
Wulguru at a glance
4,647
People
$642,500
Median sale
$455/wk
Median rent
3.68%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Vs Wulguru
-22.2%
Median sale
Suburb $642,500
+1.05 pp
Gross yield
Suburb 3.68%
Suburb median $642,500 from 56 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$21,363 on top of the price (4.3% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Wulguru's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $455/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.
Gross yield if leased at the suburb aggregate is 4.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
Wulguru at a glance
4,647
People
$642,500
Median sale
$455/wk
Median rent
3.68%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate TownsvilleCalling all investors and first home buyers! This charming Wulguru cottage is the ideal opportunity for those seeking an affordable and well-presented property with room to add future value. Set on a generous block with polished timber floors and a single car shed, 37 Neelsen Street, Wulguru offers a perfect blend of comfort, potential, and position.
Inside, the home features three spacious bedrooms, each with built-in wardrobes and air-conditioning to ensure year-round comfort and practical storage for modern living. The stylish bathroom includes a step-in shower and contemporary vanity, combining functionality with a fresh, modern finish. The open-plan kitchen and dining area provides ample cabinetry, generous bench space, and a practical layout—ideal for everyday family living and entertaining. A fully enclosed laundry adds convenience and privacy, keeping household tasks neatly tucked away.
Positioned on a large 728m² block, the property offers lush, low-maintenance lawns and plenty of space for children, pets, or future improvements. The rear shed provides secure parking, extra storage, or the perfect space for a small workshop.
This home presents a fantastic entry point into the market for first home buyers—affordable, full of charm, and ready for a creative touch. With plenty of opportunity to update or enhance over time, it’s the kind of property that can easily grow with you and your investment.
Perfectly located in the sought-after suburb of Wulguru, the home is just minutes from key amenities including Wulguru State School, Fairfield Central Shopping Centre, Townsville University Hospital, and the Townsville CBD.
Whether you’re looking to secure your first home or a smart investment in a consistently strong rental market, 37 Neelsen Street, Wulguru represents exceptional value and opportunity. Properties like this don’t last long.
Although every care has been taken to ensure accuracy, interested parties should verify the accuracy and currency of the information and make their own independent inquiries as the agent cannot attest to the correctness of the information provided. Some file photographs in use may have been taken some time ago or modifications have been conducted at the property since the photography. Please rely on your own inspection and investigations to determine if this property is suitable for your requirements and information provided is general in nature. First National Townsville bears no liability for any loss sustained due to inaccuracy or omission.
Listing description written by Alex Chapman, First National Real Estate Townsville — reproduced as published, not verified by Districts.