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QLD › Innisfail Estate › Patrick Pde

5 Patrick Pde, Innisfail Estate QLD 4860

House

$320,000

Last sold

26 Sept 2023

3

Bedrooms

1

Bathrooms

2

Car spaces

810 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 $320,000 (26 Sept 2023).(Recorded sale)
  • FactLand 810 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Innisfail Estate (last 5 years) with land size: median $506/m² of land (n=30). 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. 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

What this lot has actually traded at

Last sold

$320,000

26 Sept 2023 · derived via latest_sale

Local land rate: recorded House sales in Innisfail Estate (last 5 years) with land size have a median of $506/m² of land (n=30). Districts calculation from recorded sales — not a valuation.

Innisfail Estate at a glance

1,519

People

$510,000

Median sale

$384/wk

Median rent

3.92%

Suburb gross yield

Median sale from 9 recorded sales (last 12 months) — a Districts calculation.

See the full Innisfail Estate report →

Vs Innisfail Estate

-37.3%

Median sale

Suburb $510,000

+2.32 pp

Gross yield

Suburb 3.92%

Suburb median $510,000 from 9 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$320,00026 Sept 2023
  2. Listedprice unknowncompleted19 June 2023

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 $384/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

    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

Innisfail Estate in one glance

Innisfail Estate at a glance

1,519

People

$510,000

Median sale

$384/wk

Median rent

3.92%

Suburb gross yield

Median sale from 9 recorded sales (last 12 months) — a Districts calculation.

See the full Innisfail Estate report →

Keep researching

  • Why Innisfail Estate? Read the area thesis →
  • What else is on the market in Innisfail Estate →
  • Other records on Patrick Pde →

Listing material

Listed by Raine & Horne Innisfail

Just one block from the riverfront parklands and cycleway

Originally built in the early 80s is this very solid block and face-brick home which sits on a very generous 810 sqm block.

The key to this house is its location. Just around the corner are the Riverfront parklands which run along the Johnstone River Foreshore. It hosts the walking and cycle track that leads to the town centre and is a favourite for this wishing to breathe in some fresh air with a stroll or ride morning and evening. Innisfail Estate is located just a 10-minute walk from the town centre and is the home of the main high school. Everything is within easy walking distance.

Featuring three good-sized bedrooms and large open-plan living this house is perfect for downsizing retirees or young families. The bus passes at the end of the street and this is a rare single-level slab-on-ground home in a town full of high-set Queenslanders. The kitchen is a funky 80's throwback, but is in excellent condition and functions beautifully. Plenty of cupboards, wide benchtops and an upgraded stainless steel oven and hotplates. Air conditioned throughout with built-ins in all bedrooms and internal access from the double garage, both with remote doors, you don't need to get wet bringing the groceries in.

Read the full description

There is plenty of room out the back for the family pooch in the fully fenced back yard as well as room for veggies and some established fruit trees. Also out here is the back shed which is suitable for storing the garden gear or a workshop to tinker in. The street is a short street which sees very little local traffic and as such the location is very quiet.

Very much worth an inspection.

Contact Michael Skuse

Listing description written by Michael Skuse, Raine & Horne Innisfail — 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.

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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.