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.
QLD › Bundaberg South › Watson St
$375,000
Last sold
15 Nov 2023
5
Bedrooms
3
Bathrooms
1
Car spaces
801 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
$375,000
15 Nov 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.
Vs Bundaberg South
-37.0%
Median sale
Suburb $595,000
+2.43 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 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 $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.
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
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.
Listing material
Listed by Ascot Real EstateOne of the certain things in life is that nothing stays the same, intended plans change and as a result, the vendors of this property have made the decision to sell and have given firm instructions to obtain a contract of sale.
Currently with council approval as a Multi-Unit (Rooming Accommodation), this property has previously returned $2,600 per month. The potential is there to rent these premises to short stay workers, retaining its current approved status, to earn up to $1500 per week on a twin share per room arrangement. This property therefore, is a genuine business opportunity for someone who wishes to cater for the farm accommodation sector or as an Air Bnb.
The current owners had planned to make material changes and convert the property to a National Disability Insurance Scheme approved property and would provide the relevant information subject to the following conditions:
“Disclaimer: Construction drawings are provided to interested purchasers for information purposes only and the vendor will not provide any warranty in relation to them. Purchasers cannot place any reliance on them and must make their own inquiries as to the appropriateness of the drawings for NDIS/SDA purposes or any other purpose and whether permits are required. All liability is disclaimed”.
Those plans are subject to copyright protection and may only be used for the intended purposes with this property or express approval of the owners.
This 801m2 corner block property includes:
• 5 bedrooms upstairs
• Galley style kitchen with ample bench space, plenty of storage and twin electric stoves
• Combined living/ dining area
• 2 Showers, 1 Shower/Bath combination and 3 toilet.
• Single Lock-Up Garage
• Upgraded Power and Fire Safety systems
• Fully fenced
• Downstairs area has a kitchen bench, laundry and toilet
• Downstairs area can be adapted for multitude of uses
• Ideal central location being located just a walk to Hinkler Central, South Side Central, the CBD, several State and Catholic schools and Bundaberg High School
Alternatively, this package could revert to its original purpose as a large family home or professional offices (impact assessable) with accommodation for home office, call centre or entertainment space downstairs. Restored Queenslanders are in high demand in Bundaberg at present so that is a great opportunity to a range of owner occupiers, investors or business related activities.
Contact Exclusive Listing Agent Greg McMahon on 0414 518 315 to secure your inspection.
*Whilst every endeavour has been made to verify the correct details in this marketing neither the agent, vendor, or contracted illustrator takes any responsibility for any omission, wrongful inclusion, mis-description, or typographical error in this marketing material. Accordingly, all interested parties should make their own enquiries to verify the information provided. Any fixtures shown may not necessarily be included in the sale contract and it is essential that any queries are directed to the agent. Any information that is intended to be relied upon should be independently verified*
Listing description written by Greg McMahon, Ascot Real Estate — reproduced as published, not verified by Districts.