Mount Pleasant at a glance
4,810
People
$725,000
Median sale
$714/wk
Median rent
5.12%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
QLD › Mount Pleasant › Maranark Ave
$595,000
For sale
Asking
$395,000
Last sold
17 Sept 2024
2
Bedrooms
1
Bathrooms
2
Car spaces
254 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
Asking
$595,000
Asking · $2,343/m² of land
Last recorded sale $395,000 (17 Sept 2024).
Local land rate: recorded House sales in Mount Pleasant (last 5 years) with land size have a median of $841/m² of land (n=154). Districts calculation from recorded sales — not a valuation.
Mount Pleasant at a glance
4,810
People
$725,000
Median sale
$714/wk
Median rent
5.12%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Pleasant
-17.9%
Median sale
Suburb $725,000
+1.12 pp
Gross yield
Suburb 5.12%
Suburb median $725,000 from 47 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$25,704 on top of the price (4.3% extra)
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.
Pre-filled with Mount Pleasant's advertised median rent — not a rent for this listing.
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.
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 $714/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.
Gross yield if leased at the suburb aggregate is 6.2%. 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
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 Pleasant at a glance
4,810
People
$725,000
Median sale
$714/wk
Median rent
5.12%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Mackay, Sarina & NeboPositioned on a prime corner block within the highly sought-after Rivers Edge Estate, this beautifully maintained two-bedroom home offers an exceptional opportunity for first-home buyers, downsizers, and savvy investors alike.
Perfectly located just minutes from the CBD and within easy reach of the hospital precinct, this home delivers the ideal blend of comfort, convenience, and low-maintenance living.
Whether you're entering the property market, looking to simplify your lifestyle, or adding a quality asset to your investment portfolio, this property is ready to impress.
Inside, the light filled open-plan kitchen, dining, and living areas flow seamlessly together to create a welcoming and functional space. Fully tiled throughout, the home offers a fresh, modern feel while providing effortless day-to-day maintenance - perfect for those wanting more time to enjoy life and less time on upkeep.
Both bedrooms feature built-in robes, while the generously sized main bedroom includes an impressive triple built-in robe, offering excellent storage.
Property Features:
- Prime corner block in the popular Rivers Edge Estate
- Spacious open-plan kitchen, dining, and living area
- Fully tiled throughout for easy-care living
- Two bedrooms with built-in robes, including a triple robe in the main bedroom
- Single automatic garage with secure internal access
- Double driveway providing additional off-street parking for extra vehicles, a boat, or van
- Combined bathroom and laundry for practical everyday living
- Brand-new 10kW solar system installed within the past 12 months
- Energy-efficient home with reduced electricity costs
- Low-maintenance design ideal for busy lifestyles or lock-and-leave convenience
For first-home buyers, this is a fantastic opportunity to secure an affordable home in a tightly held estate close to essential amenities. Downsizers will appreciate the easy-care design, practical layout, and convenient location, while investors can take confidence in the home's strong rental appeal thanks to its proximity to the hospital precinct, CBD, and major employment hubs.
Investment Highlights:
- Current rental appraisal: $580 per week
- Council rates: Approximately $3,880 per annum (before pay on time discounts)
Whether you're buying your first home, downsizing to a simpler lifestyle, or investing in a high-demand location, this property offers outstanding value and lifestyle appeal.
To arrange your private inspection, contact
Lead Agent Mel Pollock on 0409 420 105 or
Sales Associate Larni Sayer on 0413 499 507 today.
Disclaimer: The Agent does not give any warranty as to errors or omissions, if any, in these particulars. The information has been supplied by the Vendor and is deemed reliable but not guaranteed. Interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Melany Pollock, First National Real Estate Mackay, Sarina & Nebo — reproduced as published, not verified by Districts.