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QLD › Darling Heights › Gorman St

47 Gorman St, Darling Heights QLD 4350

For saleHouse for Sale

$719,000

For sale

Asking

3

Bedrooms

1

Bathrooms

1

Car spaces

596 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $719,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $719,000(Listing record · 22 July 2026)
  • FactLand 596 m²; no building size recorded.(Property record)
  • CalculationAsk is 13% below the Darling Heights median recorded sale ($830,000, n=23, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Darling Heights's advertised median rent ($531/wk), implied gross yield would be 3.84% — 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

$719,000

Asking · $1,206/m² of land

No recorded sale for this property.

Darling Heights at a glance

5,669

People

$830,000

Median sale

$531/wk

Median rent

3.33%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Darling Heights report →

Vs Darling Heights

-13.4%

Median sale

Suburb $830,000

+0.51 pp

Gross yield

Suburb 3.33%

Suburb median $830,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$719,000
Stamp Duty (Queensland)
$25,380
Transfer/Registration Fee
$2,762
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
$750,842

$31,842 on top of the price (4.4% 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 Darling Heights's advertised median rent — not a rent for this listing.

Net yield
2.34%
Annual cashflow (pre-tax)
$-20,561
Interest cover (DSCR)
0.45
Annual rent
$27,612
Operating expenses
$10,785
Loan amount
$575,200
Annual interest
$37,388
Gross yield
3.84%

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$719,000available22 July 2026

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 $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.

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 3.8%. 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

Darling Heights in one glance

Darling Heights at a glance

5,669

People

$830,000

Median sale

$531/wk

Median rent

3.33%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Darling Heights report →

Keep researching

  • Why Darling Heights? Read the area thesis →
  • What else is on the market in Darling Heights →
  • Other records on Gorman St →

Listing material

Listed by QLD Hot Property

Family Focus, Outdoor Entertaining & Versatile Accommodation

Favourably positioned in Darling Heights, 47 Gorman Street features an advantageous 596m² allotment that flows from undercover patio to a spacious living area. This property’s location empowers occupiers to enjoy less than 10 minutes of travel to Toowoomba CBD.

Walking inside the property presents endless entertainment opportunities from a large living space complemented by a practical kitchen featuring a ceramic cooktop, dishwasher, and ample cupboard space. A versatile multi-purpose room provides the option to be used as a home office, second living area, or additional entertainment space.

The home offers three well-sized bedrooms, all complete with built-in wardrobes and carpeted flooring. The master bedroom enjoys direct access to the two-way bathroom, which features a bathtub, separate shower, and separate toilet. For year-round comfort, both the master bedroom and the main living area are equipped with air conditioning.

Read the full description

Outside, the fully fenced backyard provides a private and secure space for children and pets to enjoy. The undercover entertaining patio is perfect for hosting family and friends, while the 3m x 3m garden shed offers practical storage. An attached carport with internal access completes the home.

The Home:

- Built in 1991

- 3 large bedrooms with built-in wardrobes

- Two way bathroom with a bathtub and separate toilet

- Well-appointed kitchen and dining area flowing seamlessly to the undercover patio

- Generous multi-purpose room, ideal as a second living area, office or playroom

- Air conditioning within the master bedroom and main living space

- Solar Power

The Block:

- 596m² allotment

- 3m x 3m Garden Shed

- Attached carport with internal access

- Undercover entertaining patio

- Fully fenced backyard

The Location:

- 9 min (5.6km) drive to Toowoomba CBD

- 2 min (0.55km) drive to Darling Heights State school

- 5 min (2.9km) drive to Harristown State High school

- 4 min (1.8km) drive to Japanese Gardens

- 2 min (1.2km) drive to University of Southern Queensland

- 4 min (2.5km) drive to Drayton Central Shopping Centre

SCHOOLS: This Property falls within the school catchment area for Darling Heights State School and Harristown State High School.

This property is under a General Tenancy Agreement until the 9th of August 2026, renting for $500 per week.

Date of Last Rent Increase: 10th of September 2025

General Rates: NET $1,446.13 Half Yearly Approx.

Water Access: NET $397.27 Half Yearly Approx.

This property is perfectly positioned close to schools, modern conveniences and parks presenting a welcoming home for families, low maintenance space for down-sizing and a trustworthy neighborhood for investors.

To arrange an inspection or learn more, contact Aaron Savage at 0417 037 460.

Listing description written by Aaron Savage, QLD Hot Property — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Fully Fenced
  • Outdoor Entertaining
  • Shed
  • Solar Panels
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.