Mount Morgan at a glance
2,134
People
$355,000
Median sale
$360/wk
Median rent
5.27%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
QLD › Mount Morgan › Sheil Cres
$320,000
Last sold
29 July 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
991 m²
Land
113 m²
Building
Districts View
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
$320,000
29 July 2023 · derived via latest_sale
Local land rate: recorded House sales in Mount Morgan (last 5 years) with land size have a median of $222/m² of land (n=156). Districts calculation from recorded sales — not a valuation.
Mount Morgan at a glance
2,134
People
$355,000
Median sale
$360/wk
Median rent
5.27%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Morgan
-9.9%
Median sale
Suburb $355,000
+0.58 pp
Gross yield
Suburb 5.27%
Suburb median $355,000 from 17 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 $360/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
Mount Morgan at a glance
2,134
People
$355,000
Median sale
$360/wk
Median rent
5.27%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Discover Real EstateFrom the moment you pull up to the remote control car gate, you know this is a better-than-average 3-bedroom house that is now ready for its next family to call this home.
The home is 'U' in shape, with the front accesses via a centralized patio/veranda area. The unique patio provides lots of light via gorgeous glass French doors. Its 'U' shape and the security-screened windows and doors throughout give it phenomenal airflow. The shape also provides a bit of privacy while you enjoy a cuppa or glass of wine.
From the central patio area, you have a couple of entry points which both lead you onto the stunning polished timber floors and into a home that has been fully repainted both inside and out. To the right you enter the lounge where you are met with a large split system air-con to keep you cool all summer and warm all winter.
The other doorway enters a hallway that guides you to the 3 bedrooms, also with polished timber floors and to the family bath. There is a built-in linen press in front of the bathroom. It is fitted neatly in the hallway just outside of the two double bedrooms, one of which also has built-in cupboard space The final bedroom, which is quite grand in size is the main which has its own reverse cycle air-con.
Back at the other end of the home off the family lounge is the modern kitchen and dining room that will comfortably fit a family-sized table. From here there is a side door that opens out to the carport area at the side of the home. At the rear of the kitchen/dining area, you'll find a bit of a boot 'room', with a cupboard, the back door and to the right there is a newly fitted-out laundry area and a separate toilet.
Outside there is a lock-up storage shed, a garden shed to tuck away all your lawn equipment, including a ride-on mower, if you were so inclined and workshop space with more than enough space for your tools, making it a great man-cave or she-shed, the choice is yours! There are some gorgeous gardens surrounding the home and a rainwater tank and a bore to help with watering them.
Only a couple minutes' drive to the grocery, shops, primary and secondary school, post office, chemist, hospital, hardware and much more. This property is in a prime location, while still being tucked away from all the foot and car traffic.
This property is a perfect family home for someone who wants to move straight in and have nothing to do. Call today to book an inspection and come see this fantastic home for yourself.
Listing description written by Angela Douglas, Discover Real Estate — reproduced as published, not verified by Districts.