Mundingburra at a glance
3,551
People
$697,500
Median sale
$460/wk
Median rent
3.43%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
QLD › Mundingburra › Ross River Rd
$305,000
Last sold
7 July 2023
3
Bedrooms
1
Bathrooms
1
Car spaces
1,012 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
$305,000
7 July 2023 · derived via latest_sale
Local land rate: recorded House sales in Mundingburra (last 5 years) with land size have a median of $647/m² of land (n=73). Districts calculation from recorded sales — not a valuation.
Mundingburra at a glance
3,551
People
$697,500
Median sale
$460/wk
Median rent
3.43%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Vs Mundingburra
-56.3%
Median sale
Suburb $697,500
+4.41 pp
Gross yield
Suburb 3.43%
Suburb median $697,500 from 28 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 $460/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
Mundingburra at a glance
3,551
People
$697,500
Median sale
$460/wk
Median rent
3.43%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals TownsvilleWhere are all the smart investors, this is a return that everyone wants. Earning approx $23,400 per year with only rates to come out gives you around about a 6.5% return it's better than bank interest.
If your wanting exposure for a home business on 1 of Townsville's most popular roads this could be for you also.
66 Ross River Road, Mundingburra is a prime location and on1012sqm in the center of Townsville. You can either live in this character filled home with endless potential or turn it into a home business location with Council permission. There is commercially zoned properties in the area so that might also be another option with council approval. There is enough room to get to the rear of the property for customer / staff car parking or maybe you want to erect a large storage shed.
In addition to all of the above, this solid 3 bedroom Queenslander with NBN connection offers you the opportunity to live in a very comfortable home
Features:
- Traditional character including stained glass casement windows and doors, timber archways, tongue and groove walls and polished timber floors throughout
- Large kitchen area with pantry and lots of bench space
- Abundance of space with dual living areas as well as separate dining area
- Enclosed veranda is a great additional space to study, dine or convert into another bedroom
- Three well-sized bedrooms with plenty of natural light, air-conditioned and built in wardrobe to main
- Bright and airy bathroom with shower and plunge bath, separate toilet
- An added bonus is the workshop/man-cave underneath the home
- There is a single carport at the side of the home with access to the shed at the rear of the block providing you with plenty of off street parking for your cars
- Great airflow with copious louvers and casement windows
- located opposite Mundingburra State High School and in the Pimlico State High Catchment Zone
- Just 10 minutes from Townsville CBD and The Strand
Opportunities like this do not come around often, where you can purchase a fantastic piece of Real Estate in a sought after location.
Listing description written by Troy Standley, Professionals Townsville — reproduced as published, not verified by Districts.