Bundaberg East at a glance
3,027
People
$640,000
Median sale
$550/wk
Median rent
4.47%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
QLD › Bundaberg East › Princess St
$250,000
Last sold
8 Jan 2024
2
Bedrooms
1
Bathrooms
0
Car spaces
481 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
$250,000
8 Jan 2024 · derived via latest_sale
Local land rate: recorded House sales in Bundaberg East (last 5 years) with land size have a median of $627/m² of land (n=102). Districts calculation from recorded sales — not a valuation.
Bundaberg East at a glance
3,027
People
$640,000
Median sale
$550/wk
Median rent
4.47%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Bundaberg East
-60.9%
Median sale
Suburb $640,000
+6.97 pp
Gross yield
Suburb 4.47%
Suburb median $640,000 from 40 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 $550/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
Bundaberg East at a glance
3,027
People
$640,000
Median sale
$550/wk
Median rent
4.47%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RealWay Property Consultants BundabergBudget Buster! Low-Set Cottage, Two Street Frontage, 481sqm Industrially Zoned!
You don't often get options on a budget like this in booming markets, but here we are...
This cute cottage has two street frontage to one of Bundaberg's busiest streets in Princess Street for those looking to capitalise on the eyeballs this site accommodates day-to-day such as a new business site or work-from-home premises - the possibilities are plentiful subject to a chat with the Bundaberg Regional Council.
If your budget means this one is to become your own personal abode, you'll be delighted to take advantage of the quieter, wide Alexandra Street rear facing where it's much easier to bring the car in off the road. You'll also love the convenience of being opposite a pub with restaurant and bottleo and only a ten-minute walk into the CBD proper.
The house in particular is a weatherboard cottage with a combination iron / trimdeck Colorbond roof and sat on primarily steel stumps. You're greeted at the front by a comfortable deck for watching the world go by, whilst inside are two bedrooms, one living area and an eat-in kitchen with electric oven / stove. Drop down a few steps to the bathroom, toilet and laundry and this compact property is complete.
With a tenant in place inspections are strictly by appointment only. Contact Bundaberg's favourite Real Estate Team, Brent Illingworth & Ethan McGowan, to discuss your options for this entry level purchase.
RENTAL APPRAISAL - $350pw although currently on a fixed term lease until March 2024 returning $270pw. Ask Brent or Ethan how to go about getting placed in touch a member of the RealWay Property Management Team who are more than happy to discuss the rental options with you one-on-one in a personalised fashion.
***The information provided is to be used as an estimated only. All potential purchasers should make their own enquiries to satisfy themselves as to any due diligence required.***
***Please note that there was flood water through the downstairs area (laundry, bathroom, toilet) of this property during the 2013 flood disaster. Contact the Bundaberg Regional Council or the Agent directly to discuss further.***
Listing description written by Brent Illingworth, RealWay Property Consultants Bundaberg — reproduced as published, not verified by Districts.