Garbutt at a glance
2,507
People
$620,000
Median sale
$417/wk
Median rent
3.50%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
QLD › Garbutt › Lonerganne St
$360,000
Last sold
3 Apr 2024
3
Bedrooms
2
Bathrooms
1
Car spaces
1,214 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
$360,000
3 Apr 2024 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Garbutt (last 5 years) with land size have a median of $625/m² of land (n=98). Districts calculation from recorded sales — not a valuation.
Garbutt at a glance
2,507
People
$620,000
Median sale
$417/wk
Median rent
3.50%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Vs Garbutt
-41.9%
Median sale
Suburb $620,000
+2.52 pp
Gross yield
Suburb 3.50%
Suburb median $620,000 from 31 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 $417/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
Garbutt at a glance
2,507
People
$620,000
Median sale
$417/wk
Median rent
3.50%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Helen Munro PropertyA large block of 1214sq m located just 4.5 km to The Strand.
The home consists of three air-conditioned bedrooms, with an oversized master bedroom, large windows and plenty of natural light.
A fully renovated bathroom is next to the bedrooms, walk-in shower, trendy vanity and toilet.
The front living area has a small front veranda with a view to Mt Stuart. Natural light abounds throughout the home and all floor coverings have been replaced with a hard wearing timber look vinyl.
The large kitchen is separate and has plenty of cupboards, both overhead and a four-door pantry. This room is located between the front living area and the large family room complete with split system air conditioning.
The family room has a second bathroom with a corner spa bath again all renovated.
The laundry is cleverly designed to be next to the back door and fits well in the space.
A side parking space provides covered parking, while an older shed is located at the rear of the block.
Located at the front of the block the home allows for a subdivision, redevelopment (STCA) or just a great block to live on.
This property has a tenant in place at $260 a week until August 2021.
- Minutes to the The Strand
- Townsville City Centre and new Stadium
- Large 1214 sq m block
- Now vacant
- Some TLC needed
- New floor coverings
- New kitchen
- Two new bathrooms
- Multiple living areas
Available electronically
- Full council files - Flood map - Services Map
This home was not affected by the 2019 Townsville Floods.
Listing description written by Margaret Hill, Helen Munro Property — reproduced as published, not verified by Districts.