South Townsville at a glance
2,596
People
$770,000
Median sale
$502/wk
Median rent
3.39%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
QLD › South Townsville › Morey St
$450,000
Last sold
12 June 2023
3
Bedrooms
1
Bathrooms
1
Car spaces
506 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
$450,000
12 June 2023 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in South Townsville (last 5 years) with land size have a median of $988/m² of land (n=57). Districts calculation from recorded sales — not a valuation.
South Townsville at a glance
2,596
People
$770,000
Median sale
$502/wk
Median rent
3.39%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs South Townsville
-41.6%
Median sale
Suburb $770,000
+2.41 pp
Gross yield
Suburb 3.39%
Suburb median $770,000 from 17 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 $502/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
South Townsville at a glance
2,596
People
$770,000
Median sale
$502/wk
Median rent
3.39%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White TownsvilleThe history and emotion that South Townsville is so well known for is evident as you walk the tree-lined streets, and this home has been lovingly restored by its current owner to bring its inner character to life, whilst still staying true to its traditional roots. Prepare to be swept off your feet by this exceptionally charming circa 1895 period Queenslander on a well appointed 506SQM block, only minutes to the river and our beautiful CBD! Surrounded by other loved, family homes, you will fall in love with this cottage and be proud to call it your very own.
Past the front fence, you ascend the stairs past a closed in sleepout verandah hugging the inner bones of this home, perfect for a study space or a smaller bedroom. Stunning polished timber floors greet you as the natural sunlight and breeze fills the space.
As you enter the main living area, the height of the ceilings and the natural flow of movement draws your eyes through the space and into a separate dining space where the heart of the home lives: the kitchen. This tastefully designed kitchen is a modern entertainer's dream featuring the latest appliances including a stainless-steel dishwasher, huge gas cooktop and room for a double door, plumbed fridge. There is plenty of bench and cupboard space with overhead cabinetry, meaning there is ample opportunity to get creative with cooking!
The bathroom features crisp tones and is low-maintenance, tiled floor to ceiling and with a large walk-in shower and freestanding vanity. There is a large, second bedroom, whilst the master is expansive in space and has a larger-than-life walk-in robe to store all your things!
The benefits and wonders of an outdoor lifestyle are prevalent in this home, with a massive undercover deck allowing you to relax and enjoy the afternoon breeze no matter what the weather presents. A paved, corner courtyard is hugged with fruit trees and makes the perfect backdrop for a firepit. Bordered with immaculate landscaping, the position of the dwelling allows for an abundance of grassed space to appease the kids and the furry friends, whilst still leaving plenty of room through the double gate for a boat or caravan.
If the traditional Queenslander features of this house don't captivate you, the positioning of the home and its location could not be more perfect. Located within a short walk to the newly refurbished Victoria Park and the Commonwealth Hotel and Pub for a cheeky parmi, this home is only a few minutes' drive to the new Queensland Country Bank Stadium, City Lane, Flinders and Palmers Street and the wonders of the Townsville CBD and surrounding areas. Don't forget The Strand and the plethora of fresh seafood available at the Townsville Port, just up the road! 69 Morey Street is the gift that keeps on giving. Perfect for the first home buyer, small family or investor, this home will not last long in the current market. Contact Giovanni to EXPLORE this fabulous home, TODAY!
*Property Description/Write-Up of this property is Copyright of Team Giovanni at Explore Property Townsville
Listing description written by Giovanni Spinella, Ray White Townsville — reproduced as published, not verified by Districts.
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