Atherton at a glance
8,332
People
$632,500
Median sale
$505/wk
Median rent
4.15%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
QLD › Atherton › Peaks Gully Rd
$405,000
Last sold
21 Aug 2025
2
Bedrooms
1
Bathrooms
2
Car spaces
854 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
Last sold
$405,000
21 Aug 2025 · derived via latest_sale
Local land rate: recorded House sales in Atherton (last 5 years) with land size have a median of $645/m² of land (n=81). Districts calculation from recorded sales — not a valuation.
Atherton at a glance
8,332
People
$632,500
Median sale
$505/wk
Median rent
4.15%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Vs Atherton
-36.0%
Median sale
Suburb $632,500
+2.33 pp
Gross yield
Suburb 4.15%
Suburb median $632,500 from 48 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $505/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.
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
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
Atherton at a glance
8,332
People
$632,500
Median sale
$505/wk
Median rent
4.15%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate AthertonZach Reid, Kris Crews and the team at First National are excited to present 5 Peaks Gully Road, Atherton. If you’ve been looking for a renovator opportunity or are handy, this is the perfect property for you. Positioned on a fully fenced 854 sqm block, this property boasts one of the most central residential locations Atherton has to offer. Within 500 m of the home you’ll find our award-winning IGA, cafés, post office, pubs and so much more.
The property is gorgeous, convenient and holds loads of potential for a home, investment or even AirBnB given the location. There is some renovation required to restore the home to its full glory - a new bathroom, some touch up paint and perhaps a change of flooring could be a project to enhance appeal and value.
Inside, the home benefits from an open plan, with the dining area and lounge enjoying plenty of light pouring in from the large sliding doors that open onto the front deck, showcasing views of the established gardens. In the kitchen you’ll find plenty of cupboard space built into the hardwood timber cabinetry.
Two bedrooms stand ready for a small family or a master and guest bedroom set-up. The internal laundry enjoys built-in storage and leads onto the bathroom, which features a ground-level shower. Additional built in storage can be found in the generous hallway cupboards.
Outside, in addition to the east-facing front deck, the home benefits from a south-west corner patio, perfect for a BBQ area or hosting on warm summer afternoons.
Features Include
• Brick veneer & clad construction
• Fully fenced 854 sqm block
• Two bedrooms
• Walking distance to town
• Lock-up carport
Rental appraisal: $480–$500 per week if updated, $420 - $440p/w if minimum required improvements completed.
Last rental increase: 27/03/2024
This home presents a fantastic opportunity to enter the market, or for an investor to repair and re-sell. From Zach Reid, Kris Crews and the team at First National, we look forward to seeing you at the open home.
Listing description written by Zach Reid, First National Real Estate Atherton — reproduced as published, not verified by Districts.