Mutarnee at a glance
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Median sale
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Median rent
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Suburb gross yield
QLD › Mutarnee › Ollimott Rd
$598,000
For sale
Asking
1
Bedrooms
1
Bathrooms
3
Car spaces
31,970.166 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
$598,000
Asking · $19/m² of land
No recorded sale for this property.
Mutarnee at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
$25,839 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.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
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 and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
0 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Mutarnee at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
Listing material
Listed by Raine & Horne TownsvilleRaine & Horne Townsville, in proud partnership with Steve Leaumont & Scarlett Stinton, are delighted to present an extraordinary lifestyle opportunity at 50 Ollimott Road, Mutarnee.
Welcome to GREENACRES - a rare and remarkable rural retreat where privacy, natural beauty, and endless potential come together on approximately 3.2 hectares of picturesque North Queensland countryside.
Positioned at the base of the stunning Paluma Range and surrounded by approximately 1,700 mature African Mahogany trees, renowned for their beautiful red grain and premium timber quality, this unique property offers a lifestyle that is becoming increasingly difficult to find. With the trees now approaching 20 years of age, the property presents not only a tranquil setting but also exciting future possibilities.
Despite its peaceful and secluded atmosphere, Greenacres is conveniently located just 45 minutes from Townsville, offering the perfect balance between rural living and modern convenience.
From the moment you arrive, you'll appreciate the serenity that surrounds the property. Established trees, open spaces, and the sounds of nature create a private sanctuary where you can truly escape the hustle and bustle of everyday life.
The property is fully fenced and equipped with power and its own bore, with the pump recently replaced in 2024, providing reliable water security. Existing infrastructure includes a functional shouse, multiple sheds, storage facilities, and farming equipment, making it ideal for hobby farming, lifestyle living, or those seeking a rural getaway with room to grow.
Adding further appeal is the impressive range of inclusions that allow the new owners to immediately enjoy and utilise the property from day one.
Property Features You'll Love:
• Approximately 3.2 hectares of fully fenced rural land
• Around 1,700 African Mahogany trees with future timber potential
• Peaceful setting at the base of the beautiful Paluma Range
• Power connected to the property
• Bore water supply with new pump installed in 2024
• Existing shouse accommodation
• Large shed measuring approximately 10.5m x 7.2m
• Additional 3m x 3m lockable shed
• Two-bay carport
• Shipping container for extra storage
• Lawn locker
• Extensive farming equipment included:
- Tractor and mulcher
- Massey tractor
- Fertiliser tipper
- Irrigation equipment
- Slasher
- Tiller
- Assorted electrical tools
The location is simply exceptional. Everyday conveniences including the local school, service station, corner store, caravan park, and the iconic Frosty Mango are all within easy reach. Outdoor enthusiasts will love the proximity to Crystal Creek's renowned fishing and swimming spots, while the nearby Rollingstone Hotel offers a welcoming place to unwind with family and friends.
With Lorna Creek meandering approximately 800 metres behind the property, stunning natural surroundings are never far away.
Whether you're searching for a peaceful rural escape, a hobby farm, an investment in future timber production, or simply a lifestyle property where you can enjoy the best of North Queensland's natural beauty, Greenacres presents an opportunity unlike any other.
Contact Steve Leaumont on 0499 500 032 or Scarlett Stinton on 0400 018 261 today to arrange your inspection.
Discover the peace, privacy, and potential of Greenacres. Your rural lifestyle awaits.
Disclaimer: Raine & Horne Townsville has taken all reasonable steps to ensure the information contained in this advertisement is accurate; however, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements. Prospective purchasers should make their own enquiries to verify the information contained herein.
Listing description written by Steve Leaumont, Raine & Horne Townsville — reproduced as published, not verified by Districts.
Nearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.