Cranbrook at a glance
6,096
People
$640,000
Median sale
$499/wk
Median rent
4.05%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
QLD › Cranbrook › Ross River Rd
4
Bedrooms
2
Bathrooms
4
Car spaces
673 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
No recorded sale price for this property yet.
Cranbrook at a glance
6,096
People
$640,000
Median sale
$499/wk
Median rent
4.05%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data unavailable for this jurisdiction (no_adapter:QLD)
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
QLDZoning is not available (no_adapter). 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 (no_adapter). 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 $499/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
UnknownZoning is not available (no_adapter).
Nearby development pipeline
UnknownArea
Cranbrook at a glance
6,096
People
$640,000
Median sale
$499/wk
Median rent
4.05%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White TownsvillePositioned in one of Cranbrook's most convenient and well-connected locations, 423 Ross River Road, Cranbrook presents an outstanding opportunity for investors seeking immediate rental income, quality tenants, and excellent future growth potential.
This solid block duplex has been exceptionally well maintained and offers two fully self-contained residences, each thoughtfully designed with private access and low-maintenance living in mind. Both units are currently tenanted by occupants who take exceptional pride in their homes, providing peace of mind and an attractive set-and-forget investment.
Each residence features two generous bedrooms, one bathroom and dedicated carports, complemented by split-system air conditioning throughout to ensure year-round comfort. Private courtyards provide an appealing outdoor space for tenants while enhancing the overall livability of each unit.
This property also offers an excellent opportunity for future rental growth, making it an attractive proposition for both seasoned investors and those looking to expand their portfolio.
Property Features:
• Solid block construction.
• Well-maintained throughout.
• Two fully self-contained residences.
• 2 bedrooms, 1 bathroom and 2 carport speaces per unit.
• Split-system air conditioning throughout both units.
• Private courtyards for each residence.
• Independent access to both units.
• Low-maintenance investment.
• Both units tenanted.
• Strong rental growth potential.
Current Tenancy Information:
Unit 1-
• Tenant in place since October 2025.
• Lease secured until January 2027.
• Currently returning $360 per week.
Unit 2-
• Tenant in place since 2022.
• Lease secured until October 2026.
• Tenant has expressed a desire to remain.
• Currently returning $360 per week.
Additional Information:
• Rental Appraisal - $420-$440 per week per unit.
• Security screens throughout.
• Fully fenced pet-friendly yards.
Outstanding Central Location:
Convenience is a major highlight of this property. Situated along Ross River Road, everything tenants need is only minutes away, contributing to consistently strong rental demand.
Nearby amenities include:
• Stockland Townsville Shopping Centre.
• Willows Shopping Centre.
• James Cook University.
• Townsville University Hospital.
• TAFE Queensland.
• Ross River walking and cycling trails.
• Numerous parks and sporting facilities.
• Public transport within easy walking distance.
• A wide selection of primary and secondary schools, including Holy Spirit Catholic School, Ignatius Park College, Heatley Secondary College, Vincent State School and Cranbrook State School.
• Easy access to the Townsville CBD and Lavarack Barracks.
Whether you're looking for a reliable addition to your investment portfolio or a dual-income property with excellent long-term prospects, this duplex offers the ideal combination of secure returns, quality tenants, low-maintenance construction and an unbeatable central location.
For further information, Form 2 - Seller' Disclosure or video walkthroughs of both units, please don't hesitate to get in touch.
Video inspections of both residences are available upon request.
Listing description written by Varun Pinto, Ray White Townsville — reproduced as published, not verified by Districts.
Nearby 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 (no_adapter). 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
UnknownNo DA adapter returned applications 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.