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QLD › Bundaberg South › Watson St

62 Watson St, Bundaberg South QLD 4670

House

$355,000

Last sold

29 Aug 2023

3

Bedrooms

1

Bathrooms

1

Car spaces

801 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $355,000 (29 Aug 2023).(Recorded sale)
  • FactLand 801 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Bundaberg South (last 5 years) with land size: median $624/m² of land (n=89). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$355,000

29 Aug 2023 · derived via latest_sale

Local land rate: recorded House sales in Bundaberg South (last 5 years) with land size have a median of $624/m² of land (n=89). Districts calculation from recorded sales — not a valuation.

Bundaberg South at a glance

3,653

People

$595,000

Median sale

$474/wk

Median rent

4.14%

Suburb gross yield

Median sale from 30 recorded sales (last 12 months) — a Districts calculation.

See the full Bundaberg South report →

Vs Bundaberg South

-40.3%

Median sale

Suburb $595,000

+2.80 pp

Gross yield

Suburb 4.14%

Suburb median $595,000 from 30 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$355,00029 Aug 2023
  2. Listedprice unknowncompleted4 Aug 2023

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 $474/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

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

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

Bundaberg South in one glance

Bundaberg South at a glance

3,653

People

$595,000

Median sale

$474/wk

Median rent

4.14%

Suburb gross yield

Median sale from 30 recorded sales (last 12 months) — a Districts calculation.

See the full Bundaberg South report →

Keep researching

  • Why Bundaberg South? Read the area thesis →
  • What else is on the market in Bundaberg South →
  • Other records on Watson St →

Listing material

Listed by Ascot Real Estate

AFFORDABLE QUEENSLANDER IN GREAT LOCATION

This low set Queenslander located in a very convenient location in Bundaberg South oozes with character and will appeal to buyers seeking a house to move into now and add your own personal touches later.

With great street presence, this home effectively possesses 4 bedrooms ensuring that the larger than average family has plenty of room with privacy to boot. Each room has a television point and features tongue and groove walls and ornate ceilings in the main portion of the house.

The well-proportioned and visually appealing kitchen and has been modernised and features plenty of bench and food preparation space and ample cupboard space. There is even a second sink!

Read the full description

Featuring separate lounge and dining areas, you will benefit from the comfort of ceiling fans and the overall ambience of the house. With the welcome addition of air-conditioning in the living areas, you will be climatically comfortable all year round. The polished hoop pine floors are a positive and visually attractive feature that make cleaning very easy.

Being located on a 801m2 block, there is a single car garage on site and more than enough room for another shed, garage or pool.

There is ample access on both sides of the home for a boat or caravan. The yard is fully fenced and partially landscaped.

This property is ideally located within easy walking distance to Southside Food-works, Hinkler Place and a wide selection of schools. This home would suit either an investor or first home owner and is currently tenanted at $390 per week on a lease that expires on 2 February 2024. The tenants have indicated that they would be prepared to leave earlier as they have other plans beyond town.

Please call Exclusive Listing Agent Greg McMahon on 0414 518 315 or email on greg@ascot.net.au to secure an inspection. Please note that at least 24 hours notice is required to comply with Queensland Tenancy laws.

Listing description written by Greg McMahon, Ascot Real Estate — reproduced as published, not verified by Districts.

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.