Cranbrook at a glance
6,096
People
$640,000
Median sale
$499/wk
Median rent
4.05%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
QLD › Cranbrook › Ross River Rd
$490,000
Last sold
31 Aug 2023
4
Bedrooms
1
Bathrooms
2
Car spaces
900 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
$490,000
31 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in Cranbrook (last 5 years) with land size have a median of $850/m² of land (n=101). Districts calculation from recorded sales — not a valuation.
Cranbrook at a glance
6,096
People
$640,000
Median sale
$499/wk
Median rent
4.05%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Vs Cranbrook
-23.4%
Median sale
Suburb $640,000
+1.25 pp
Gross yield
Suburb 4.05%
Suburb median $640,000 from 61 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 $499/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
Cranbrook at a glance
6,096
People
$640,000
Median sale
$499/wk
Median rent
4.05%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White TownsvilleSOLD By Paul & Melissa Kotze
Welcome to 586 Ross River Road Cranbrook.
A spacious and versatile family home with uninterrupted views of the Ross River.
- In fact this property is one of only a handful of properties that have direct access to Ross
River without the busy walking paths that usually invade your privacy and river views.
This exclusive riverside property is situated on a large 900m2 block and has been owned by the same
family since is was built in the early 1980's.
The house has four carpeted bedrooms, a master with a walk-in robe, bedroom size storeroom, and
a large oversized entry which could be split into two to make an extra bedroom or home office.
There is also a large family room and separate dining room.
The house has one bathroom, with a bathtub and a separate shower room. The large laundry exits to
the courtyard.
The patio which opens from the family room overlooks the river and pool. A large carport is at the
left rear of the home which has its own gated entry and driveway. It also has double lock up garages
at the front of the home.
The extra large kitchen with butler's pantry boasts full river views and its this part of the house that
will need the most attention.
Although the house is decorated in its original 1980's fashion this house it still very liveable and
could be renovated in stages.
A perfect position for relaxing, fishing , whilst running a business from home due to its position on
Ross River Road.
The location of the property is highly convenient, with easy access to public transport and
Ross River Road. It is also centrally located close to a range of excellent schools, Cranbrook
State, and Holy Spirit Catholic School. Shopping is also easily accessible, with The Willows
Shopping Centre, Stockland Townsville and Parkside Plaza Kirwan nearby. Townsville
University and Townsville General Hospital, as well as a range of café & dining options are
also within easy reach.
Do not miss out on this excellent opportunity to secure this exclusive riverfront lifestyle in a
great location. Get in touch with us to book your inspection today!
Listing description written by Paul & Melissa Kotze, Ray White 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
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.