Centenary Heights at a glance
6,293
People
$870,000
Median sale
$497/wk
Median rent
2.97%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
QLD › Centenary Heights › Raftery St
4
Bedrooms
2
Bathrooms
2
Car spaces
574 m²
Land
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
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
No recorded sale price for this property yet.
Centenary Heights at a glance
6,293
People
$870,000
Median sale
$497/wk
Median rent
2.97%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
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 $497/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
Centenary Heights at a glance
6,293
People
$870,000
Median sale
$497/wk
Median rent
2.97%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McAdam & Turnbull RealtyPositioned in a quiet corner of town is this sound and dependable investment duplex. With very long-term tenants in place, who are keen to stay on, the long term tenancy stability is assured. The duplex is currently under rented and so there is great scope for a new owner to increase the return in only a few short months as renewals come around.
The units have been well maintained throughout the years, have updated bathrooms and the switch board has very recently been upgraded. Our sellers have always been ones to keep on top of maintenance to ensure no serious issues ever arise.
Each unit consists of the following:
• 2 built-in bedrooms
• Lounge
• Kitchen / dining
• Updated bathroom
• Separate laundry
• Separate toilet
• Security screens
• Garden shed
• Single carport
• Current leases through to August & September 2024.
• Both units should rent for $300 each per week minimum
Unit I is a slightly larger unit with a definite loungeroom with built-in bar and Unit 2 is a pretty standard layout. Being positioned where it is, close to the Alderley / Ruthven St intersection and only a short distance up to K-Mart and The Ridge Shopping, the property will always be popular as and when a unit comes available. There is public transport close by, as well as sporting fields and parks. Quiet, stable, well maintained and in a good location – just what the investor ordered!! Phone Lachlan today for further information or to arrange an inspection. Please note that minimum notice periods apply when arranging for an inspection.
Listing description written by Lachlan Evans, McAdam & Turnbull Realty — reproduced as published, not verified by Districts.