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QLD › Mount Louisa › Banfield Dr

72 Banfield Dr, Mount Louisa QLD 4814

For saleHouse for Sale

$599,000

For sale

Asking

3

Bedrooms

1

Bathrooms

2

Car spaces

609 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $599,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $599,000(Listing record · 15 July 2026)
  • FactLand 609 m²; no building size recorded.(Property record)
  • CalculationAsk is 17% below the Mount Louisa median recorded sale ($725,000, n=78, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Mount Louisa's advertised median rent ($596/wk), implied gross yield would be 5.17% — 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

$599,000

Asking · $984/m² of land

No recorded sale for this property.

Mount Louisa at a glance

9,822

People

$725,000

Median sale

$596/wk

Median rent

4.27%

Suburb gross yield

Median sale from 78 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Louisa report →

Vs Mount Louisa

-17.4%

Median sale

Suburb $725,000

+0.90 pp

Gross yield

Suburb 4.27%

Suburb median $725,000 from 78 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$599,000
Stamp Duty (Queensland)
$19,980
Transfer/Registration Fee
$2,204
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
$624,884

$25,884 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 Mount Louisa's advertised median rent — not a rent for this listing.

Net yield
3.67%
Annual cashflow (pre-tax)
$-9,141
Interest cover (DSCR)
0.71
Annual rent
$30,992
Operating expenses
$8,985
Loan amount
$479,200
Annual interest
$31,148
Gross yield
5.17%

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$599,000available15 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 $596/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 5.2%. 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

Mount Louisa in one glance

Mount Louisa at a glance

9,822

People

$725,000

Median sale

$596/wk

Median rent

4.27%

Suburb gross yield

Median sale from 78 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Louisa report →

Keep researching

  • Why Mount Louisa? Read the area thesis →
  • What else is on the market in Mount Louisa →
  • Other records on Banfield Dr →

Listing material

Listed by McDonough Property Townsville

Spacious High-Set Home with Versatile Downstairs Retreat

Perfectly positioned in the highly sought-after suburb of Mount Louisa, this beautifully presented high-set residence offers the ideal combination of comfort and relaxed family living. Set on a beautifully maintained allotment with lush green lawn and a secure high fence, this home enjoys a wonderful sense of privacy while capturing refreshing breezes and elevated views.

A welcoming front staircase leads you into the heart of the home, where an abundance of natural light fills the spacious open-plan living and dining areas. Rich hardwood timber floors flow throughout the upper level, adding warmth and character, while large windows frame the leafy outlook and create a bright, airy atmosphere. The well-appointed kitchen is perfectly positioned to connect seamlessly with the living and dining spaces, making everyday family life and entertaining effortless.

The upper level offers three generously proportioned bedrooms, each complete with built-in wardrobes, large windows, and plenty of natural light. Servicing the home is a beautiful, floor-to-ceiling tiled bathroom featuring a practical layout, complemented by a separate toilet for added convenience.

Read the full description

Step outside onto the rear entertaining deck, where you'll find the perfect place to enjoy your morning coffee, host weekend barbecues, or simply relax while taking in the peaceful views across the surrounding greenery. This elevated outdoor space truly extends the home's living area and provides the ideal setting for year-round entertaining.

Downstairs, the home continues to impress with a versatile multipurpose room offering endless possibilities. Whether you're looking for a teenage retreat, second living area, home office, games room, or guest accommodation, this flexible space is ready to suit your family's changing needs. It also enjoys direct access to its own private covered patio, creating another tranquil outdoor space overlooking the beautifully landscaped backyard. A separate laundry adds further practicality to the lower level, complete with an additional toilet for added convenience.

Adding further value, the fully enclosed and lockable underneath area provides excellent versatility and secure storage options. This space is ideal for those needing room for a workshop, hobbies, additional storage, or a practical utility area while keeping belongings safe and protected.

Outside, the fully fenced yard provides plenty of room for children and pets to play safely, while dual side access offers excellent convenience for storing a trailer, boat, or additional vehicles. A garden shed provides extra storage.

Additional features include a solar system for improved energy efficiency, recently installed Crim safe security doors for added peace of mind, and a roof replacement completed approximately 5 years ago.

Located close to quality schools, parks, shopping centres, and all of Mount Louisa's everyday conveniences, this exceptional home offers a lifestyle of comfort, space, and convenience in one of Townsville's most popular family suburbs.

Rates: Approx $2,000 Twice Per Year

Features:

• Beautifully presented two-storey high-set family home

• Elevated position capturing breezes and leafy views

• Spacious open-plan living and dining filled with natural light

• Stunning hardwood timber flooring throughout the upper level

• Well-appointed kitchen with excellent connection to the living areas

• Three generous bedrooms with built-in wardrobes

• Beautifully renovated floor-to-ceiling tiled bathroom

• Separate toilet for added convenience

• Expansive rear entertaining deck overlooking the gardens

• Versatile downstairs multipurpose room or teenage retreat

• Separate laundry

• Private covered patio on the lower level

• Fully fenced yard with lush, established gardens

• Dual side access for trailer, boat, or additional vehicle storage

• Garden shed

• Close to schools, shopping, parks, and public transport

McDonough Property Townsville has taken all reasonable care in preparing the information provided and believes it to be correct at the time of publication. However, no warranty or representation is made as to its accuracy, reliability, or completeness. McDonough Property Townsville accepts no liability for any errors, omissions, or inaccuracies contained herein. Prospective purchasers are strongly advised to conduct their own investigations and obtain independent professional advice to verify the information before making any purchasing decisions.

Listing description written by Martin McDonough, McDonough Property Townsville — 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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