Mount Lofty at a glance
3,949
People
$1,065,500
Median sale
$531/wk
Median rent
2.59%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
QLD › Mount Lofty › North St
$460,000
Last sold
7 July 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
1,012 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
$460,000
7 July 2023 · derived via latest_sale
Local land rate: recorded House sales in Mount Lofty (last 5 years) with land size have a median of $1,108/m² of land (n=118). Districts calculation from recorded sales — not a valuation.
Mount Lofty at a glance
3,949
People
$1,065,500
Median sale
$531/wk
Median rent
2.59%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Lofty
-56.8%
Median sale
Suburb $1,065,500
+3.41 pp
Gross yield
Suburb 2.59%
Suburb median $1,065,500 from 38 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 $531/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
Mount Lofty at a glance
3,949
People
$1,065,500
Median sale
$531/wk
Median rent
2.59%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate ToowoombaThis prime DA Approved Unit Development Site on a 1012m2 corner allotment sits within the Low to Medium Density Residential Zoning and is ready to progress the project.
The plans are for two Townhouses each with 2 bedroom, 2 bathroom, and 1 garage, plus two Lowset 2 bedroom, 2 bathroom, 1 garage Units, for which you can bring your personal touch to the façade, fit out and finishes to these cleverly designed units.
Fabulously situated in an elevated location just a few minutes away from North Point and Northlands Shopping Centres, the Toowoomba State High School, Toowoomba TAFE College, Downlands College, Horne Park and the Southern Cross Reserve Oval adjoins this property. Bunnings & Mitre 10 Hardware, and Toowoomba's CBD just a few more minutes' drive, or a Bus Stop is at your front door. From the top story of the townhouse's, you will enjoy sweeping views across to the city centre and beyond and appreciate the city lights of an evening.
The corner allotment development site will have good access from Stuart Street, and the gentle slope and topography of the site provides for easy stormwater management to the street. Power, town water, and sewer infrastructure are all conveniently available, and no easements or sewer lines burden the site.
The existing Post War style comfortable 3 bedroom timber home is cladded in a contemporary linear board look. The home features an open plan combined kitchen dining and lounge room opening from the front entry area. It has one family bathroom, a laundry, and rumpus or third bedroom at the rear of the home. The large character double size powered garage has a single remote roller door, and a separate storeroom within. There is a single carport at the rear accessed from the Stuart Street side access.
The property currently returns $300 p/w with a lease in place to March 2023, and tenants keen to stay on further, providing an income stream during the project preparation and finalisation phase is completed.
Rates: $1350:55 per half year
Water Access: $ 314:95 per half year
An excellent development and capital gain opportunity here. Please call Murray Troy with your enquiries, and to arrange your private inspection of the property.
Listing description written by Murray Troy, Elders Real Estate Toowoomba — reproduced as published, not verified by Districts.