Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

QLD › Andergrove › Banksia Ave

5 Banksia Ave, Andergrove QLD 4740

House

$521,000

Last sold

21 Nov 2025

3

Bedrooms

1

Bathrooms

1

Car spaces

1,191 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $521,000 (21 Nov 2025).(Recorded sale)
  • FactLand 1,191 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Andergrove (last 5 years) with land size: median $943/m² of land (n=148). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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. 1No 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

What this lot has actually traded at

Last sold

$521,000

21 Nov 2025 · derived via latest_sale

Local land rate: recorded House sales in Andergrove (last 5 years) with land size have a median of $943/m² of land (n=148). Districts calculation from recorded sales — not a valuation.

Andergrove at a glance

10,547

People

$703,000

Median sale

$617/wk

Median rent

4.56%

Suburb gross yield

Median sale from 104 recorded sales (last 12 months) — a Districts calculation.

See the full Andergrove report →

Vs Andergrove

-25.9%

Median sale

Suburb $703,000

+1.60 pp

Gross yield

Suburb 4.56%

Suburb median $703,000 from 104 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data unavailable for this jurisdiction (no_adapter:QLD)

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1
  • Parcel: 1RP740780

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. Sold$521,00021 Nov 2025
  2. Sold$521,00021 Nov 2025
  3. Listedprice unknowncompleted2 Oct 2025

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?

Zoning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $617/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

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

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

    Zoning is not available (no_adapter).

  • 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 (no_adapter). 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

    No DA adapter returned applications 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

Andergrove in one glance

Andergrove at a glance

10,547

People

$703,000

Median sale

$617/wk

Median rent

4.56%

Suburb gross yield

Median sale from 104 recorded sales (last 12 months) — a Districts calculation.

See the full Andergrove report →

Keep researching

  • Why Andergrove? Read the area thesis →
  • What else is on the market in Andergrove →
  • Other records on Banksia Ave →

Listing material

Listed by Gardian Real Estate

Charming Cottage with plenty of Potential on a Huge Block

Set on 1191sqm, this charming cottage is full of character and positioned in a prime Andergrove location. Sitting right next to the local school, this property is a rare find offering an abundance of space and plenty of potential.

With three oversized bedrooms, one bathroom and classic cottage a façade, this property may be the perfect step into the property market, an investor or someone simply looking for some more space.

Some of the many other features of this property are:

Read the full description

-Kitchen, Living and dining area set at the centre of the home

-Airconditioned main living space

-Inviting sunroom/entry upon entry

-Three great sized bedrooms

-Servicing the three bedrooms is a large single bathroom with shower over bath and a vanity

-Separate toilet and laundry

-Updated front deck

-Large low maintenance backyard with great access that has plenty of potential

-Rental Appraisal $550-600

Set in the heart of Andergrove in a super convenient location 5 Banksia Avenue is close to schools, shopping Centres and just 12 minutes to the CBD. It is also situated close to Mackay golf Club & Driving range whilst still being only a short drive to Mackay's famous beaches.

With charming cottage character, a convenient location and an abundance of potential, this property presents the perfect opportunity weather you're a first home buyer or looking for your next terrific investment opportunity.

Call Sales Agent Joe Rickman or Sales Associate Baden Robinson for information and your inspection today.

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Listing description written by Joe Rickman, Gardian Real Estate — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.