Rosslea at a glance
2,147
People
$850,000
Median sale
$443/wk
Median rent
2.71%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
$515,000
Last sold
13 Nov 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
1,233 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
$515,000
13 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Rosslea (last 5 years) with land size have a median of $1,293/m² of land (n=40). Districts calculation from recorded sales — not a valuation.
Rosslea at a glance
2,147
People
$850,000
Median sale
$443/wk
Median rent
2.71%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Rosslea
-39.4%
Median sale
Suburb $850,000
+1.76 pp
Gross yield
Suburb 2.71%
Suburb median $850,000 from 13 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 $443/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
Rosslea at a glance
2,147
People
$850,000
Median sale
$443/wk
Median rent
2.71%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elevate Property PartnersDiscover the potential of 38 Mabin Street, a prime property situated on an impressive 1,233 SQM block in the sought-after suburb of Rosslea, Townsville. This expansive land size offers a unique opportunity for subdivision possibilities, making it an ideal investment for developers or those seeking ample space for future enhancements.
This home features three comfortable bedrooms and a well-maintained bathroom that has been recently updated. The kitchen has also received a refresh, providing a great starting point for your new home. The property boasts timber floors throughout, adding warmth and character to the interior. However, it is important to note that the exterior of the property will require attention, allowing you to put your personal touch on it. This property will be sold AS IS, presenting an exciting opportunity for those willing to invest a little effort.
The significant land size of 1,233 SQM is a standout feature of this property, offering incredible opportunities for subdivision or expansion. The spacious outdoor area allows for creativity, whether you envision a beautiful garden, additional structures, or even a full renovation of the existing home. Buyers and investors will appreciate the flexibility this land provides, making it a rare find in Townsville.
Your property:
• Expansive 1,233 SQM block with subdivision possibilities
• 3 bedrooms with beautiful timber floors
• Recently updated bathroom
• Refreshed kitchen ready for your personal touch
• In-ground pool (currently empty)
• Interior recently painted
• Exterior requires work; sold AS IS
• Conveniently located near schools, parks, and shopping
• Close to Townsville CBD and public transport options
• Access to a comprehensive building and pest inspection report upon enquiry
Located in the heart of Rosslea, this property enjoys a convenient and family-friendly environment. Nearby amenities include the Rosslea State School, perfect for families with children, and the Townsville Golf Club, offering recreational activities just a stone's throw away. The popular Castletown Shopping World is also a short drive away, providing a range of shopping and dining options. Additionally, the Rosslea Village Park and the picturesque Ross River are nearby, enhancing your outdoor lifestyle. You'll find yourself just a short drive from the Townsville CBD, ensuring everything you need is within reach. The area is well-serviced by public transport and offers a variety of local cafes and restaurants, perfect for enjoying the vibrant community.
For those interested in this promising property, an online enquiry will grant you access to a comprehensive building and pest inspection report, giving you peace of mind as you consider your investment. Don't miss this opportunity to secure a substantial piece of land in Rosslea with endless possibilities. Contact us today to explore the potential of 38 Mabin Street!
**Disclaimer: Elevate Property Partners has made every effort to ensure the accuracy and reliability of the information provided, but cannot be held responsible for any errors, omissions, or inaccuracies that may occur. Prospective purchasers are encouraged to conduct their own enquiries to verify the details contained herein are correct.**
Listing description written by Ben Waugh, Elevate Property Partners — reproduced as published, not verified by Districts.