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QLD › Mount Louisa › Payne St

5 Payne St, Mount Louisa QLD 4814

House

$605,000

Last sold

25 Feb 2026

3

Bedrooms

2

Bathrooms

2

Car spaces

607 m²

Land

89 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $605,000 (25 Feb 2026).(Recorded sale)
  • CalculationLand 607 m² against a 89 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Mount Louisa (last 5 years) with land size: median $995/m² of land (n=107). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$605,000

25 Feb 2026 · derived via latest_sale

Local land rate: recorded House sales in Mount Louisa (last 5 years) with land size have a median of $995/m² of land (n=107). Districts calculation from recorded sales — not a valuation.

Mount Louisa at a glance

9,822

People

$725,000

Median sale

$596/wk

Median rent

4.27%

Suburb gross yield

Median sale from 78 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Louisa report →

Vs Mount Louisa

-16.6%

Median sale

Suburb $725,000

+0.85 pp

Gross yield

Suburb 4.27%

Suburb median $725,000 from 78 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$605,00025 Feb 2026
  2. Listedprice unknowncompleted23 Feb 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 $596/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

Mount Louisa in one glance

Mount Louisa at a glance

9,822

People

$725,000

Median sale

$596/wk

Median rent

4.27%

Suburb gross yield

Median sale from 78 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Louisa report →

Keep researching

  • Why Mount Louisa? Read the area thesis →
  • What else is on the market in Mount Louisa →
  • Other records on Payne St →

Listing material

Listed by Ideal Property Co

Elevated Living with Pool & Dual-Level Flexibility

Elevated to capture breezes and designed for versatility, this well-appointed Mount Louisa home offers generous living across two levels - perfect for families needing space, separation, and practicality.

Upstairs, the home features three well-sized bedrooms, all with built-in wardrobes and air-conditioning for year-round comfort. The living and dining areas are thoughtfully defined, creating a functional flow that feels both spacious and inviting. The kitchen offers generous bench space and excellent storage, positioned to serve both everyday living and entertaining with ease.

A large rear balcony extends from the upper level, providing the perfect spot for outdoor dining, relaxing with a coffee, or watching the kids play in the backyard below.

Read the full description

Downstairs, the fully enclosed lower level significantly expands the home's versatility. Complete with a rumpus room, dedicated study or office space, and a second bathroom, this level is ideal for a teenager's retreat, guest accommodation, home business setup, or extended family living.

The backyard continues the appeal, featuring a sparkling in-ground pool and plenty of off-street parking. An extended driveway provides space for multiple vehicles, a boat, caravan, or trailer - a rare and valuable addition.

The home is solid and highly liveable with a brand new roof plus scope for improvement, allowing the next owner to add value over time. A Building and Pest Inspection Report is available upfront, providing clarity and transparency for buyers who want to move forward with confidence.

Currently leased at $600 per week until 1st October 2026, the property offers immediate income. For investors, that's instant return. For future owner-occupiers, it presents the opportunity to secure the home now, continue earning while preparing plans, and move in when the timing suits. The tenant is in the process of relocating, and vacant possession may be available earlier by agreement.

THE LIFESTYLE YOU WILL LIVE

Mount Louisa remains one of Townsville's most convenient and established suburbs. From this address, you are just minutes to Domain Central, schools, shopping centres, and public transport, with the airport approximately 10 minutes away and the CBD within 15.

It's a location that balances accessibility with everyday comfort - making school runs, commuting, and weekend plans effortless.

THE DETAILS YOU WILL NEED

• 3 bedrooms with built-in wardrobes

• 2 bathrooms (including downstairs bathroom)

• Separate living and dining areas

• Air-conditioning throughout

• Large rear entertaining balcony

• Fully enclosed lower level with rumpus + study

• Sparkling in-ground pool

• Internal laundry

• Extended driveway with ample off-street parking

Currently tenanted at $600 per week until 1st October 2026.

Council Rates: $2,327.97 per half year.

Spacious, practical, and designed for flexible living - this Mount Louisa home delivers lifestyle, location, and room to grow.

Listing description written by Natalia Moore, Ideal Property Co — 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.