Kingsthorpe at a glance
2,320
People
$752,000
Median sale
$541/wk
Median rent
3.74%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
QLD › Kingsthorpe › Goombungee Rd
$500,000
Last sold
21 May 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
3,832 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
$500,000
21 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Kingsthorpe (last 5 years) with land size have a median of $229/m² of land (n=60). Districts calculation from recorded sales — not a valuation.
Kingsthorpe at a glance
2,320
People
$752,000
Median sale
$541/wk
Median rent
3.74%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Vs Kingsthorpe
-33.5%
Median sale
Suburb $752,000
+1.89 pp
Gross yield
Suburb 3.74%
Suburb median $752,000 from 9 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 $541/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
Kingsthorpe at a glance
2,320
People
$752,000
Median sale
$541/wk
Median rent
3.74%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX Success Toowoomba- Front expansive verandah
- 3 good sized bedrooms, each fitted with ceiling fans (2 front bedrooms with built-in robes and access to the front verandah)
- Spacious light filled lounge room boasting reverse cycle air-conditioning, ceiling fans and polished timber flooring
- Generous open plan kitchen equipped with freestanding electric stove, plus heaps of cupboards and bench space
- Family bathroom home to a shower over spa bath, vanity and toilet
- Updated laundry with double wash tub, plus built-in cupboard for storage
- Brand new carpets to the bedrooms
- Huge rear outdoor entertainment area
- Rainwater tanks
- Fully functioning bore
- Detached 6m x 6m shed (lined)
- 2 additional garden sheds
- Large 3,832m² allotment with great views
- Rent appraised at $420 - $450 per week
Nestled on a spacious and slightly elevated 3,832m² allotment, 40 Goombungee Road in Kingsthorpe presents an idyllic setting for those dreaming of a tranquil rural lifestyle with the convenience of city proximity. This charming home is perfectly suited for first-time homeowners or anyone wishing to escape the hustle and bustle of city life, offering both privacy and panoramic views of the western horizon.
From the moment you step onto the expansive front verandah, the stage is set for relaxation and enjoying stunning sunsets. The house itself is a sanctuary of comfort with three well-sized bedrooms, each featuring ceiling fans for those warm summer nights. The front bedrooms not only come with built-in robes but also boast direct access to the verandah, offering private retreats within your own home.
Living spaces in this home are designed to enhance family life, featuring a spacious, light-filled lounge adorned with polished timber flooring, reverse cycle air-conditioning, and additional ceiling fans, ensuring a comfortable environment all year round. The heart of the home is the generous open-plan kitchen, which is in great condition and equipped with a freestanding electric stove, extensive cupboard storage, and plenty of bench space, ideal for preparing family meals or entertaining guests.
The family bathroom, recently updated with fresh paint and new tiles, includes a shower over a spa bath, adding a touch of luxury and relaxation. The updated laundry is not only functional but also includes built-in cupboards for extra storage, making household management a breeze.
Outdoor living is a key feature of this property, with a huge rear entertainment area accessible from the kitchen and laundry, perfect for family gatherings or casual barbecues. Practical amenities such as a fully functioning bore, rainwater tanks, and a large detached shed, currently set up with a workshop and single garage, enhance the property's functionality. The shed offers flexibility and can easily be converted back to accommodate two cars.
Investors - Our property management team have recently appraised the home at $420 - $450 per week, subject to market conditions.
Located next to Kingsthorpe State School and close to local amenities, this home offers the perfect blend of peaceful country living and convenient access to community facilities. Just approximately 30 minutes from Toowoomba CBD, residents can enjoy the countryside's peace without sacrificing access to urban conveniences.
40 Goombungee Road represents a fantastic opportunity for anyone looking to establish a comfortable family home in a scenic and supportive community. Don't miss the chance to make this beautiful property your own and enjoy the lifestyle it offers.
General rates: currently $862.95 net per half year
Water rates: currently $314.95 net per half year plus consumption
Primary school state catchment: Kingsthorpe State School
High school state catchment: Oakey State High School
Home Built: 1990
Listing description written by James O'Donohue, RE/MAX Success Toowoomba — reproduced as published, not verified by Districts.