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QLD › Jensen › Ironcove Ct

59 Ironcove Ct, Jensen QLD 4818

For saleHouse for Sale

$1,390,000

For sale

Asking

5

Bedrooms

2

Bathrooms

10

Car spaces

4,000 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,390,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,390,000(Listing record · 31 Jan 2024)
  • FactLand 4,000 m²; no building size recorded.(Property record)
  • CalculationAsk is 38% above the Jensen median recorded sale ($1,005,750, n=10, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Jensen's advertised median rent ($533/wk), implied gross yield would be 1.99% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,390,000

Asking · $348/m² of land

No recorded sale for this property.

Jensen at a glance

2,347

People

$1,005,750

Median sale

$533/wk

Median rent

2.76%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Jensen report →

Vs Jensen

+38.2%

Median sale

Suburb $1,005,750

-0.77 pp

Gross yield

Suburb 2.76%

Suburb median $1,005,750 from 10 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,390,000
Stamp Duty (Queensland)
$60,450
Transfer/Registration Fee
$5,882
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,460,032

$70,032 on top of the price (5.0% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Jensen's advertised median rent — not a rent for this listing.

Net yield
0.49%
Annual cashflow (pre-tax)
$-65,414
Interest cover (DSCR)
0.09
Annual rent
$27,716
Operating expenses
$20,850
Loan amount
$1,112,000
Annual interest
$72,280
Gross yield
1.99%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$1,390,000available31 Jan 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $533/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Jensen in one glance

Jensen at a glance

2,347

People

$1,005,750

Median sale

$533/wk

Median rent

2.76%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Jensen report →

Keep researching

  • Why Jensen? Read the area thesis →
  • What else is on the market in Jensen →
  • Other records on Ironcove Ct →

Listing material

Listed by Cutting Edge Property

The Shed of Your Dreams and The Ensuite of Hers + a Mineral Pool and Children's Wing.

(Please see our television quality video and 3d tour to really get a sense of what living in this house is really like!)

It's not often here at Cutting Edge Property we walk into a home and are simply blown away by what the owner has created. This incredible property on 4000m2 is the dream of so many Townsville families.. And you won't believe this shed! 59 Ironcove Court is situated in the sought after Eden Park Estate. This five bedroom lifestyle home is packed full of features and is sure to take your breath away! High ceilings with triple step cornice, stone benchtops and stunning louvres that let in the natural light.

If you love to entertain you will love this kitchen. It features stone, waterfall benchtops, heaps of soft close drawers, room for a family-size plumbed fridge, a Smeg induction cooktop, extra wide oven, a window splashback, giving you expansive views of the backyard and of course a servery window - to keep you connected to all the action on the patio.

Read the full description

The outdoor entertainment area is huge! Out here you'll find a built-in kitchenette, with heaps of storage, a stone bench top and of course a Weber Q for Sunday barbeques. There is an automated screen to keep out that afternoon sun, making this the perfect spot to entertain year-round. The sparkling mineral pool will keep your kids entertained for hours! This pool, installed by Narellan Pools, is less than one year old.

On those hot summer days you can take the entertainment indoors to your very own home theatre - The perfect place to cheer on your favourite football team, or spend the weekend bingeing your favourite Netflix series. Here you'll find floor to ceiling curtains, split-system air conditioning and triple-plush grey carpet - the softest we have ever felt!

The primary suite is the ultimate parents retreat. There is plenty of room for a king-sized bed, a large, custom walk-in robe, split system air conditioning and the ensuite is like that of a five star hotel. Featuring floor to ceiling tiling, feature lights, stone benchtops and a soaker tub.

The best part is - here you have your own private courtyard, a sanctuary where you can escape the chores of everyday life and relax. Here you'll also find an outdoor shower and a hot tub - the perfect place for a wine in the evenings.

But that's not all. While you're enjoying a wine in your private courtyard the kids will be happily entertained in their very own children's lounge. They'll love watching the latest Disney movie here.

All five bedrooms feature split system air conditioning, built-in wardrobes and tiled floors for easy maintenance. The family bathroom features floor to ceiling tiles, a stone bench vanity, a huge soaker tub and no glass in the walk in shower.

This shed is what a man's dreams are made of! There are two automatic 3.7 metre doors, so you can work on the largest of vehicles here. There is not one, but two certified hoists, so you can change your oil on your everyday car while your project is up in the air. Plus the shed has 15 amp power, it's got lights and the rear doors are five metres across and there are six doors in total. If you've got heavy vehicles to drive in you'll appreciate the 80 metre long driveway that is 150mm thick of exposed aggregate concrete. In addition to the shed there is a two car garage attached to the house and there is a separate carport - large enough to store your boat or caravan.

There is still plenty of room for kids and pets to play in the backyard, which is completely fenced off from the driveway and front yard. There are beautiful low maintenance gardens and the grass will look this good year round thanks to the fully irrigated bore.

59 Ironcove Court is located on a fully fenced 4000m2 block in the Eden Park Estate, Jensen. There is also a 15 kilowatt solar system on the roof that is sure to keep your energy bills down.

Eden Park is one of Townsville's Premier acreage estates, located in Jensen it is just 25 minutes from the Townsville CBD. Just down the road is the Northshore Shopping Precinct where you'll find Bunnings, Woolworths and the new Northshore Tavern. The nearby Ring Road will take you to Townsville's largest employers, James Cook University, Lavarack Barracks and the Townsville Hospital all in about 15 minutes.

With so much living space, an amazing entertaining area, a magnesium pool and the most kitted out sheds we've ever seen.. You better be quick!

We'll see you right here this weekend!

Listing description written by Lisa Tatnell, Cutting Edge Property — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.