West Gladstone at a glance
5,199
People
$541,750
Median sale
$406/wk
Median rent
3.90%
Suburb gross yield
Median sale from 82 recorded sales (last 12 months) — a Districts calculation.
QLD › West Gladstone › Boles St
$1,150,000
For sale
Asking
5
Bedrooms
5
Bathrooms
5
Car spaces
645 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
$1,150,000
Asking · $1,783/m² of land
No recorded sale for this property.
West Gladstone at a glance
5,199
People
$541,750
Median sale
$406/wk
Median rent
3.90%
Suburb gross yield
Median sale from 82 recorded sales (last 12 months) — a Districts calculation.
Vs West Gladstone
+112.3%
Median sale
Suburb $541,750
-2.06 pp
Gross yield
Suburb 3.90%
Suburb median $541,750 from 82 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$55,114 on top of the price (4.8% 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 West Gladstone'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 $406/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 1.8%. 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
West Gladstone at a glance
5,199
People
$541,750
Median sale
$406/wk
Median rent
3.90%
Suburb gross yield
Median sale from 82 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White GladstoneThe Headline Figures
• Total Weekly Rental Income: $1,625/week
• Annual Gross Revenue: $84,500 per annum
• Asset Age: Under 12 months old with a depreciation schedule prepared and available at request
• Title Structure: Single Title (Five income streams, zero body corporate/strata fees)
The Investment Case
Purpose-built high-yield assets under 12 months old are exceptionally rare in today's market. 61 Boles Street represents a premium, low-maintenance portfolio-in-a-box, offering immediate cash flow with zero vacancy from day one.
By securing five individual tenancies under one single title, you effectively eliminate the friction and overhead of traditional multi-unit investments while maximizing your risk diversification. If one tenant moves out, your asset still operates at 80% capacity.
Key Asset Strengths
• Premium Cash Flow & Yield: Each of the 5 fully furnished studios is currently locked into a stable lease at $325 per week.
• Potential Tax Advantages: Being less than a year old a comprehensive, professional depreciation schedule has already been prepared and is available for immediate review.
• Turnkey & Low Overhead: Every studio is completely furnished with high-quality, durable inclusions. Fitted with keyless digital locks, split-system air conditioning, ceiling fans, and security screens, the property is designed for hands-off, hassle-free management.
• Strategic Growth Location: Situated in a high-demand pocket close to major shopping centres, medical hubs, schools, and transit links. This central convenience ensures a perpetual tenant pipeline and robust historical occupancy rates.
Whether you are looking to aggressively scale your existing portfolio's yield or secure a defensive, high-performance asset with immediate returns, 61 Boles Street demands your attention. This asset is fully tenanted and ready for a seamless settlement. For a copy of the contract, tenancy agreements, or the prepared depreciation schedule, contact the listing agent, Ben Crick 0487 123 288 today.
**Disclaimer: All information provided in this listing is deemed reliable but is not guaranteed and should be independently verified. Ray White Gladstone makes no warranties or representations as to the accuracy, completeness, or suitability of the information contained herein, including but not limited to, property boundaries, financial figures or taxation advice. Prospective buyers are strongly advised to conduct their own due diligence, inspections, and consultations with relevant professionals before making any financial commitments.
Listing description written by Ben Crick, Ray White Gladstone — reproduced as published, not verified by Districts.