Rasmussen at a glance
5,039
People
$611,250
Median sale
$506/wk
Median rent
4.30%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
$490,000
Last sold
20 Aug 2025
4
Bedrooms
2
Bathrooms
3
Car spaces
800 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
20 Aug 2025 · derived via latest_sale
Local land rate: recorded House sales in Rasmussen (last 5 years) with land size have a median of $668/m² of land (n=104). Districts calculation from recorded sales — not a valuation.
Rasmussen at a glance
5,039
People
$611,250
Median sale
$506/wk
Median rent
4.30%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Rasmussen
-19.8%
Median sale
Suburb $611,250
+1.07 pp
Gross yield
Suburb 4.30%
Suburb median $611,250 from 40 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 $506/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
Rasmussen at a glance
5,039
People
$611,250
Median sale
$506/wk
Median rent
4.30%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Kingsberry TownsvilleAn incredible opportunity awaits with this solidly built duplex, ideal for investors, renovators, or those looking for dual living potential. Set on a generous block, this property comprises two separate units, each offering 2 bedrooms, 1 bathroom, and originally a single lock-up garage-now thoughtfully enclosed to create additional activity or multipurpose rooms.
While the bones of the property are sound, it is important to note that both units require a substantial amount of cosmetic work throughout. From flooring and paint to fixtures and fittings, the property presents a blank canvas for those eager to transform it into a modern and functional home or high-yield investment. This is the perfect project for buyers looking to add significant value through renovation.
Each unit features an open-plan layout with combined living and dining spaces, and well-sized bedrooms. Kitchens and bathrooms are functional but dated, offering scope for contemporary upgrades. The enclosed garages provide additional internal space, ideal for a home office, playroom, or studio conversion. Unit 2 offers the added benefit of a separate lock-up shed, perfect for extra storage, workshop space, or even a hobbyist's retreat.
The duplex is being sold strictly as is, how is, where is, giving buyers full transparency and the opportunity to assess the property with a realistic understanding of the work involved. A building and pest inspection report is available upon request for genuinely interested buyers.
This is a rare find with so much potential-whether you're looking to renovate and sell, rent both units, or occupy one while leasing the other, this is a project worth considering.
Key Features:
- Duplex comprising 2 x 2-bedroom, 1-bathroom units.
- Individually titled units, being sold together.
- Enclosed single lock-up garages in both units now functioning as activity/multipurpose rooms.
- Unit 2 includes a separate lock-up shed for added storage or workspace.
- Spacious open-plan living and dining areas in each unit.
- Functional kitchens and bathrooms ready for a modern makeover.
- Scope for cosmetic improvements throughout – ideal for renovators.
- Sold "as is, how is, where is".
- Building and pest inspection report available on request.
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.
Listing description written by Jayden Evans, Harcourts Kingsberry Townsville — reproduced as published, not verified by Districts.