Garbutt at a glance
2,507
People
$620,000
Median sale
$417/wk
Median rent
3.50%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
$500,000
Last sold
2 June 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
668 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
$500,000
2 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Garbutt (last 5 years) with land size have a median of $616/m² of land (n=98). Districts calculation from recorded sales — not a valuation.
Garbutt at a glance
2,507
People
$620,000
Median sale
$417/wk
Median rent
3.50%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Vs Garbutt
-19.4%
Median sale
Suburb $620,000
+0.84 pp
Gross yield
Suburb 3.50%
Suburb median $620,000 from 31 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 $417/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
UnknownArea
Garbutt at a glance
2,507
People
$620,000
Median sale
$417/wk
Median rent
3.50%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Helen Munro PropertyNestled on a generous 668 sqm corner block, this beautifully maintained home is framed by established shade trees, offering a private and inviting retreat. Positioned to capture cooling breezes from Rowes Bay, this property combines classic charm with modern updates, making it a fantastic opportunity for homeowners and investors alike. Currently tenanted until August 31, 2025, at $450/week
Step inside from the welcoming front verandah, where leafy views set the tone for relaxed living. The home features polished timber floors, a traditional front door with an additional glass sliding door, and a large split-system air conditioner, ensuring comfort year-round. Soaring 2.7m ceilings enhance the sense of space, while a fresh internal repaint (2023) adds a contemporary touch.
The kitchen is both functional and stylish, with wrap-around cabinetry, a new stove, overhead cupboards, and a breakfast bar with space for a dishwasher. Vinyl flooring extends into the dining area, complemented by a second air conditioning unit. A rear landing and staircase provide easy backyard access.
Down the hall, three well-appointed bedrooms offer built-in wardrobes, carpets, split-system air conditioning, ceiling fans, and screens. The family bathroom is well-maintained, featuring both a separate bath and shower, with a separate toilet adjacent.
Outside, the home offers double driveways leading to an aggregate path and side carport, with direct access to a large, secure masonry block room beneath the home. This versatile space includes a lock-up garage, laundry, and additional windows for natural light. A second driveway provides additional access to the secure garage under the home.
A side-covered entertaining area faces the park and leafy shade trees.
Located on a quiet street opposite a beautifully maintained park, this home is just minutes from local shopping, a short drive to Castletown, and within easy reach of The Strand and nearby schools.
Property Highlights:
668 sqm corner block with established shade trees
Polished timber floors & high 2.7m ceilings
Three spacious bedrooms with built-ins, air conditioning & fans
Modernised interior with fresh paint (2023)
Large kitchen with new stove, breakfast bar & ample storage
Well-maintained bathroom with separate bath & shower
Double driveways, side carport & secure garage under the home
Masonry block storage area & laundry downstairs
Quiet location opposite a park, close to schools & shopping
Currently tenanted until August 31, 2025, at $450/week
Don't miss this fantastic investment or future home opportunity! Contact us today to arrange a viewing.
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 Margaret Hill, Helen Munro Property — 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
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.