Annandale at a glance
8,614
People
$780,000
Median sale
$569/wk
Median rent
3.79%
Suburb gross yield
Median sale from 69 recorded sales (last 12 months) — a Districts calculation.
QLD › Annandale › Morstone St
$627,500
Last sold
9 Oct 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
771 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
$627,500
9 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Annandale (last 5 years) with land size have a median of $887/m² of land (n=136). Districts calculation from recorded sales — not a valuation.
Annandale at a glance
8,614
People
$780,000
Median sale
$569/wk
Median rent
3.79%
Suburb gross yield
Median sale from 69 recorded sales (last 12 months) — a Districts calculation.
Vs Annandale
-19.6%
Median sale
Suburb $780,000
+0.93 pp
Gross yield
Suburb 3.79%
Suburb median $780,000 from 69 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 $569/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
Annandale at a glance
8,614
People
$780,000
Median sale
$569/wk
Median rent
3.79%
Suburb gross yield
Median sale from 69 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Helen Munro PropertyLooking for a property that keeps it real?
Welcome to 51 Morstone Street, Annandale, an investment with space, potential, and yes… a little character.
This property is situated on a 771m2 corner block with plenty of room for a pool or man shed. It has four bedrooms, two bathrooms with two separate living areas offering plenty of space for tenants or family living.
So, you are aware from the get-go both bathrooms are due for some TLC. Full transparency, it was identified in a Building and Pest report that they both leak and will need renovation. The silver lining? No hidden surprises, you know about it from the start. Your advantage, you can take this into consideration when making an offer.
Currently tenanted until April 2026 at $550 per week, this is an excellent opportunity to add additional value to your investment.
Key Features:
• Fully air conditioned with fans throughout
• All bedrooms have built ins
• Main bedroom has an ensuite with walk in shower, vanity and toilet
• 2 separate living areas
• Main bathroom has a shower over the bath combo with vanity and separate toilet
• Open plan kitchen/dining area
• 2 lock-up carports - secure and convenient parking
• Security screens and doors throughout
• Garden shed
• Double gate side access on the left-hand side
• Fully fenced back and sides
• Corner block
Location Highlights:
• Situated in the heart of Annandale known for its family-friendly atmosphere
• Walking distance to Townsville Grammer School
• Walking distance to Annandale Central and supermarkets
• Quick and easy access to ring road
Land size: 771m2 (corner block)
Rates (including water): Approximately $2,837.28 per six monthly.
Currently rented: $550 per week until April 2026
Don't miss this chance to secure a property in a premium location with strong long-term appeal. For more information, contact your Trusted Sales Agent, Neil Illiparambil on 0451 545 980 or email me on neil.illiparambil@hmproperty.com.au.
Disclaimer: Helen Munro Property has prepared this information using every endeavour to ensure that the information given is true and accurate but accepts no responsibility or liability in respect of any errors, omissions or inaccuracies that may occur. All prospective purchasers should endeavour to make their own enquiries to verify the accuracy of the information provided.
Listing description written by Neil Illiparambil, Helen Munro Property — reproduced as published, not verified by Districts.