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QLD › Bundaberg South › George St

67 George St, Bundaberg South QLD 4670

For saleSemi-detached for Sale

$689,000

For sale

Asking

5

Bedrooms

2

Bathrooms

2

Car spaces

1,042 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $689,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $689,000(Listing record · 28 July 2026)
  • FactLand 1,042 m²; no building size recorded.(Property record)
  • CalculationAsk is 16% above the Bundaberg South median recorded sale ($595,000, n=30, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Bundaberg South's advertised median rent ($474/wk), implied gross yield would be 3.58% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$689,000

Asking · $661/m² of land

No recorded sale for this property.

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

+15.8%

Median sale

Suburb $595,000

-0.56 pp

Gross yield

Suburb 4.14%

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

Total cost to purchase

Purchase Price
$689,000
Stamp Duty (Queensland)
$24,030
Transfer/Registration Fee
$2,623
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$719,353

$30,353 on top of the price (4.4% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Bundaberg South's advertised median rent — not a rent for this listing.

Net yield
2.08%
Annual cashflow (pre-tax)
$-21,515
Interest cover (DSCR)
0.40
Annual rent
$24,648
Operating expenses
$10,335
Loan amount
$551,200
Annual interest
$35,828
Gross yield
3.58%

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.

Open the full yield calculator →

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. Listed$689,000available28 July 2026

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

Gross yield if leased at the suburb aggregate is 3.6%. 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

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 George St →

Listing material

Listed by Michaels Real Estate

Great Value Duplex in Bundaberg South!

Positioned in the CBD, this well-maintained weatherboard duplex presents an outstanding opportunity for investors seeking an established dual-income property with reliable long-term tenants already in place. Offering two self-contained units, this property delivers immediate rental returns while being ideally located within walking distance of some of Bundaberg's most popular amenities.

Each unit features comfortable-sized bedrooms (Unit 1 has 3, Unit 2 has 2), a well-appointed kitchen, a functional bathroom, and a spacious living area designed for everyday comfort. Both residences also include a dedicated carport, while the fully fenced allotment provides added privacy and security for tenants.

Perfectly positioned for convenience, the property is just a short stroll to Hinkler Shopping Centre, local gyms, the Bundaberg CBD, a variety of cafés and restaurants, schools, and other essential services. This sought-after location continues to attract quality tenants, making it an excellent addition to any investment portfolio.

Read the full description

The duplex is currently fully tenanted by long-term occupants who take pride in maintaining their homes, providing investors with immediate rental income and peace of mind.

Current Tenancy Details:

Unit 1

Currently rented for $420 per week

Lease in place from 5 November 2025 to 4 November 2026

Unit 2

Currently rented for $390 per week

Current lease: 17 July 2026 to 16 January 2027

With a combined rental income of $810 per week, secure leases in place, and an unbeatable central location, this is an exceptional investment opportunity offering strong returns from day one. Whether you're expanding your portfolio or securing your first investment property, this duplex is one not to miss.

At a Glance:

- Weatherboard duplex

- Unit 1 x 3-bedroom, 1-bathroom unit

- Unit 2 x 2-bedroom, 1 bathroom unit

- Spacious living areas

- Well-appointed kitchens

- Single carport for each unit

- Fully fenced property

- Long-term tenants in place

- Walking distance to Hinkler Shopping Centre, CBD, schools, gyms and restaurants

Rental Income

- Unit 1: $420 per week (Lease until 4 November 2026)

- Unit 2: $390 per week (Lease until 16 January 2027)

Video tour: Available upon request

Rental appraisal: Available upon request

Inspections: Book By Appointment

Address: 67 George Street, Bundaberg South, QLD 4670

Contact – Kurt Dempsey – Michaels Real Estate – 0498 066 555 - kurt@michaelsrealestate.com.au or Sarah Enever - 0402 477 343

**Every effort has been made to verify the accuracy of the details in this marketing. Neither the agent, vendor, nor illustrator is responsible for any omission, wrongful inclusion, misdescription or typing error in this marketing material. All interested parties should enquire to verify the information and satisfy any concerns. Fixtures shown may not be included in the sale & questions must be directed to the agent. Any information intended to be relied upon should be independently verified, and necessary due diligence should be conducted. **

Listing description written by Kurt Dempsey, Michaels Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Deck
  • Floorboards
  • Fully Fenced
  • Living Areas: 2
  • Outdoor Entertaining
  • Pay TV
  • Reverse Cycle Aircon
  • Study
  • Toilets: 2
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.