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QLD › Roma › Shumba Ave

4 Shumba Ave, Roma QLD 4455

For saleHouse for Sale

$550,000

For sale

Asking

3

Bedrooms

1

Bathrooms

2

Car spaces

1,458 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $550,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $550,000(Listing record · 16 Sept 2025)
  • FactLand 1,458 m²; no building size recorded.(Property record)
  • CalculationAsk is 54% above the Roma median recorded sale ($357,000, n=15, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Roma's advertised median rent ($475/wk), implied gross yield would be 4.49% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$550,000

Asking · $377/m² of land

No recorded sale for this property.

Roma at a glance

7,092

People

$357,000

Median sale

$475/wk

Median rent

6.92%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Roma report →

Vs Roma

+54.1%

Median sale

Suburb $357,000

-2.43 pp

Gross yield

Suburb 6.92%

Suburb median $357,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$550,000
Stamp Duty (Queensland)
$17,775
Transfer/Registration Fee
$1,971
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$573,446

$23,446 on top of the price (4.3% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Roma's advertised median rent — not a rent for this listing.

Net yield
2.99%
Annual cashflow (pre-tax)
$-12,150
Interest cover (DSCR)
0.58
Annual rent
$24,700
Operating expenses
$8,250
Loan amount
$440,000
Annual interest
$28,600
Gross yield
4.49%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$550,000available15 Sept 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $475/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.5%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Roma in one glance

Roma at a glance

7,092

People

$357,000

Median sale

$475/wk

Median rent

6.92%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Roma report →

Keep researching

  • Why Roma? Read the area thesis →
  • What else is on the market in Roma →
  • Other records on Shumba Ave →

Listing material

Listed by Elders Real Estate Roma

Modern Living Meets Space and Style

What You'll Love:

• Massive fully powered two-bay shed with electric roller door access

• Freshly painted inside and out - beautifully renovated

Read the full description

• Flood-free, quiet neighborhood

• Modern finishes throughout the home

Not often do homes of this style, quality, and location come to market. Perfectly positioned within walking distance to the local park, hospital, and both schools, this newly renovated three-bedroom home offers a lifestyle of relaxed, low-maintenance living.

Inside, the home boasts a practical layout with tasteful updates throughout, creating a fresh and inviting feel. At the heart of the home, the dining and lounge areas flow seamlessly together to form a light-filled and spacious hub - the perfect setting for everyday living, cozy family nights, or hosting friends with ease.

Tucked neatly behind this space is the well-appointed kitchen, featuring a breakfast bar, dishwasher, and ample storage. Its clever positioning keeps the area connected to the main living zones while maintaining a sense of separation, making it ideal for both everyday use and entertaining.

All three bedrooms are generously sized, each featuring their own split system air-conditioner and ceiling fan to ensure year-round comfort. One bedroom includes built-in cupboards for added storage. The main bathroom is thoughtfully positioned between the bedrooms and includes a shower-over-bath combination, vanity, and a separate toilet for convenience.

The separate laundry is fitted with cabinetry and has direct external access, adding practicality to the home's design.

Outside, the expansive 1,438m² block provides endless space for kids and pets to play, while also giving you the freedom to bring your outdoor dreams to life. A gravel driveway leads to the massive 9m x 7.5m powered shed, complete with two electric roller doors, concrete flooring, single-phase power, and a 15-amp plug - perfect for tradies, hobbyists, or anyone needing secure storage. There's even room to extend on either side, offering incredible potential for future use.

Additional Features:

• Garden shed

• Dishwasher to the kitchen

• Linen cupboard

• Triple-filtered tank water to kitchen sink

• Split system air-conditioning and ceiling fans throughout

• Citrus trees for homegrown produce

• New roof and guttering complete

• New blinds fitted throughout

• Water supply to the back of the shed

With secure fencing, lush lawns, and plenty of scope to design your dream garden, this property stands out for its rare block size and impressive shed - ideal for anyone wanting room to live and grow. To arrange an inspection, contact Morgan Rowbotham on 0419 850 369.

Listing description written by Morgan Rowbotham, Elders Real Estate Roma — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.