Mount Sheridan at a glance
9,060
People
$740,000
Median sale
$648/wk
Median rent
4.55%
Suburb gross yield
Median sale from 115 recorded sales (last 12 months) — a Districts calculation.
QLD › Mount Sheridan › Teak Ct
$650,000
For sale
Asking
3
Bedrooms
1
Bathrooms
1
Car spaces
300 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
Asking
$650,000
Asking · $2,167/m² of land
No recorded sale for this property.
Mount Sheridan at a glance
9,060
People
$740,000
Median sale
$648/wk
Median rent
4.55%
Suburb gross yield
Median sale from 115 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Sheridan
-12.2%
Median sale
Suburb $740,000
+0.63 pp
Gross yield
Suburb 4.55%
Suburb median $740,000 from 115 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$28,411 on top of the price (4.4% extra)
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.
Pre-filled with Mount Sheridan's advertised median rent — not a rent for this listing.
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.
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 $648/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.
Gross yield if leased at the suburb aggregate is 5.2%. 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
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
Mount Sheridan at a glance
9,060
People
$740,000
Median sale
$648/wk
Median rent
4.55%
Suburb gross yield
Median sale from 115 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Garry Walker Real EstatePerfectly positioned in a quiet court within the sought-after Forest Gardens Estate, this charming cottage offers comfortable living, fresh presentation and an easy-care lifestyle. Set on a manageable 300m² block, this delightful three-bedroom home is ideal for first-home buyers, downsizers, couples or investors looking for a low-maintenance property in a popular location.
Freshly painted inside and out, the home feels bright, clean, and inviting. All three bedrooms feature new plush carpeting, with two bedrooms offering built-in robes, while the spacious main bedroom boasts a walk-in robe and convenient direct access to the main bathroom.
The well-appointed kitchen provides plenty of workspace and storage, along with a dishwasher and electric stove, making everyday cooking a breeze. The tiled living areas are spacious and comfortable, with split-system air conditioning ensuring year-round comfort. Two bedrooms are fitted with box air-conditioning units, while the third bedroom features its own split-system air conditioner.
The main bathroom includes a practical shower-over-bath combination, with a separate toilet for added convenience. The entire home is fully security screened, providing peace of mind while allowing plenty of natural airflow throughout.
Step outside to discover a generous-sized entertainment area, perfect for enjoying a morning coffee, entertaining friends or relaxing with the family. The fully fenced backyard features easy-maintenance gardens, giving you a private outdoor space without extensive upkeep.
Positioned in a peaceful court, this quaint cottage is a wonderful opportunity to secure a comfortable home in a highly desirable location.
Key Features
* 3 bedrooms, 1 bathroom, 1 car accommodation
* 300m² easy care block
* Freshly painted inside and out
* New plush carpet to all bedrooms
* Built-in robes to 2 bedrooms
* Main bedroom with walk-in robe and bathroom access
* Main bathroom with shower-over-bath
* Spacious tiled living areas
* Split-system air conditioning to living area
* Air conditioning to all bedrooms
* Spacious kitchen with dishwasher and electric stove
* Fully security screened throughout
* Generous undercover entertainment area
* Fully fenced backyard
* Easy-maintenance gardens
* Quiet court location
This charming cottage is ready to impress and offers an excellent opportunity for those seeking a comfortable, low-maintenance home in a peaceful location. Positioned only a 2-minute drive from Mount Sheridan Plaza, 15 minutes from Cairns CBD, and close to local schools and amenities, this little beauty is a must inspect!
DISCLAIMER: Whilst we deem this information to be reliable the agent cannot guarantee its accuracy and accepts no responsibility for such. Interested persons should rely on their own inquiries.
Listing description written by Mark English, Garry Walker Real Estate — reproduced as published, not verified by Districts.