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QLD › Bundaberg North › Queen St

7 Queen St, Bundaberg North QLD 4670

For saleHouse for Sale

$512,000

For sale

Asking

3

Bedrooms

1

Bathrooms

2

Car spaces

493 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $512,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $512,000(Listing record · 6 Aug 2026)
  • FactLand 493 m²; no building size recorded.(Property record)
  • CalculationAsk is 14% below the Bundaberg North median recorded sale ($592,500, n=48, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Bundaberg North's advertised median rent ($531/wk), implied gross yield would be 5.39% — 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

$512,000

Asking · $1,039/m² of land

No recorded sale for this property.

Bundaberg North at a glance

5,880

People

$592,500

Median sale

$531/wk

Median rent

4.66%

Suburb gross yield

Median sale from 48 recorded sales (last 12 months) — a Districts calculation.

See the full Bundaberg North report →

Vs Bundaberg North

-13.6%

Median sale

Suburb $592,500

+0.73 pp

Gross yield

Suburb 4.66%

Suburb median $592,500 from 48 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$512,000
Stamp Duty (Queensland)
$16,345
Transfer/Registration Fee
$1,831
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
$533,876

$21,876 on top of the price (4.3% 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 North's advertised median rent — not a rent for this listing.

Net yield
3.89%
Annual cashflow (pre-tax)
$-6,692
Interest cover (DSCR)
0.75
Annual rent
$27,612
Operating expenses
$7,680
Loan amount
$409,600
Annual interest
$26,624
Gross yield
5.39%

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$512,000available5 Aug 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 $531/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 5.4%. 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 North in one glance

Bundaberg North at a glance

5,880

People

$592,500

Median sale

$531/wk

Median rent

4.66%

Suburb gross yield

Median sale from 48 recorded sales (last 12 months) — a Districts calculation.

See the full Bundaberg North report →

Keep researching

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

Listing material

Listed by Hotspot Realty Bundaberg

Positive geared investment

Standing proudly on a 493sqm block in the heart of Bundaberg North, this charming cottage has watched the neighbourhood grow over the years and is now waiting to welcome a new owner.

For the savvy investor or 1st home buyer looking to secure a positively geared investment.

It's all about location, within walking distance to almost everything, meaning there's hardly a need for a car. Shops, fuel stations, pizza, pubs and cafés are all nearby, whilst the CBD is just a pleasant walk across the old Bundy bridge. The bus stop is only a couple of houses away, with hospitals and schools also close by.

Read the full description

Inside, this home offers two bedrooms, with the front and side sunrooms providing flexible space for additional bedrooms, a home office or hobby room. Open-plan living and dining area creates a welcoming atmosphere, with a country style kitchen offers plenty of storage and electric cooking, blending practicality with character.

Recent improvements include:

* New fascia boards to the front and side of the home

* New roof installed by Kaplan Roofing (2025)

* New electric stove

* New ceiling fans in two bedrooms

* New carpet in the living room and two bedrooms

* Manhole installed for easy roof cavity access

Step outside and you'll discover a fully fenced backyard complete with a covered entertaining area, perfect for weekend barbecues or simply enjoying a quiet morning coffee. There's also a double bay lock up shed with convenient side access through double gates, providing excellent storage for vehicles, tools or hobbies.

Property Features:

* Three-bedroom configuration (including versatile front and side sunrooms)

* One bathroom

* Open-plan living and dining area

* Country-style kitchen with electric cooking

* Covered outdoor entertaining area

* Fully fenced backyard

* Double bay lock-up shed

* Side access through double gates

* Currently leased at $580 per week until July 2027, providing an attractive positive rental return.

* Rates: $1857.00 approx (half yearly including water consumption)

Flood Zone: Yes

Video Walkthrough - Available on request

Whether you're adding to your investment portfolio or a 1st home buyer, or simply looking for a home with solid returns and outstanding convenience, this charming cottage is ready to welcome you and begin her next chapter.

Inspections by Appointment only.

For further information or to arrange your private inspection, please contact Barbara Burstall, Principal | Licensed Real Estate Agent | Auctioneer at Hotspot Realty Bundaberg on 0423 182 450. You're also welcome to send an email to barb@hotspotrealtybundaberg.com.au or simply send her a text message.

A Friendly Disclaimer

Every home has a story, and whilst every effort has been made to ensure the information shared is accurate, it has been supplied by the vendor and other sources. Hotspot Realty Bundaberg cannot guarantee its accuracy or completeness. We encourage all prospective purchasers to carry out their own independent enquiries and seek professional advice where appropriate, so they can make an informed decision with confidence.

Listing description written by Barbara Burstall, Hotspot Realty Bundaberg — 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.