Hermit Park at a glance
3,623
People
$750,000
Median sale
$443/wk
Median rent
3.07%
Suburb gross yield
Median sale from 57 recorded sales (last 12 months) — a Districts calculation.
QLD › Hermit Park › Gleeson St
$599,000
For sale
Asking
4
Bedrooms
2
Bathrooms
2
Car spaces
401 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
$599,000
Asking · $1,494/m² of land
No recorded sale for this property.
Hermit Park at a glance
3,623
People
$750,000
Median sale
$443/wk
Median rent
3.07%
Suburb gross yield
Median sale from 57 recorded sales (last 12 months) — a Districts calculation.
Vs Hermit Park
-20.1%
Median sale
Suburb $750,000
+0.78 pp
Gross yield
Suburb 3.07%
Suburb median $750,000 from 57 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$25,884 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.
Pre-filled with Hermit Park's advertised median rent — not a rent for this listing.
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 is recorded. Suburb median rent $443/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.
Gross yield if leased at the suburb aggregate is 3.8%. 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
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
Hermit Park at a glance
3,623
People
$750,000
Median sale
$443/wk
Median rent
3.07%
Suburb gross yield
Median sale from 57 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Explore Property Townsville CityWelcome to 6 Gleeson Street, Hermit Park - a low set, high performing investment property delivering versatility, strong rental demand, and generous internal proportions in one of Townsville's most consistently stable suburbs. With four bedrooms plus a dedicated study/office that can operate as a fifth bedroom, the home attracts a broad tenant pool including families, professionals, share households, and multi-generational living arrangements, maximising occupancy and reducing vacancy risk.
Multiple living zones, a large sunroom, and a spacious open plan kitchen enhance day to day liveability - key drivers of tenant retention - while the wide front porch adds additional usable space. The floor plan offers excellent separation, supporting long term tenancy stability and minimising turnover.
Currently rented at $775 per week, the property delivers immediate cashflow, and with all existing furniture and household items included, investors gain a fully equipped, turnkey asset with zero setup costs and strong ongoing rental appeal.
Key Features
4 bedrooms + study/office (or 5th bedroom)
2 bathrooms
Multiple living zones including living room, dining room, and sunroom
A spacious open plan kitchen with superb storage
Air conditioning throughout
Large front porch perfect for entertaining
Carport + off street parking
Disclaimer:
While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies and we accept no liability for any errors or exclusions (including but not limited to a property's land size, floor plans and building age). Accordingly, all interested parties should make their own enquiries and obtain their own legal advice.
Some images have been digitally enhanced using AI to provide subtle virtual styling for marketing purposes. Enhancements are limited to cosmetic items such as furniture, décor and minor landscaping to help illustrate the property's potential. The property's layout, dimensions and permanent fixtures have not been altered. Prospective purchasers are encouraged to inspect the property and make their own enquiries regarding its features and condition.
Listing description written by Lidia Koppe, Explore Property Townsville City — reproduced as published, not verified by Districts.