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QLD › Raceview › Rumsey Dr

88 Rumsey Dr, Raceview QLD 4305

For saleHouse for Sale

$995,000

For sale

Asking

4

Bedrooms

2

Bathrooms

4

Car spaces

830 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $995,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $995,000(Listing record · 10 Aug 2026)
  • CalculationAsk is 16% above the Raceview median recorded sale ($860,000, n=119, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Raceview's advertised median rent ($589/wk), implied gross yield would be 3.08% — 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

$995,000

Asking · $1,199/m² of land

No recorded sale for this property.

Raceview at a glance

10,782

People

$860,000

Median sale

$589/wk

Median rent

3.56%

Suburb gross yield

Median sale from 119 recorded sales (last 12 months) — a Districts calculation.

See the full Raceview report →

Vs Raceview

+15.7%

Median sale

Suburb $860,000

-0.48 pp

Gross yield

Suburb 3.56%

Suburb median $860,000 from 119 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$995,000
Stamp Duty (Queensland)
$37,800
Transfer/Registration Fee
$4,066
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
$1,040,566

$45,566 on top of the price (4.6% 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 Raceview's advertised median rent — not a rent for this listing.

Net yield
1.58%
Annual cashflow (pre-tax)
$-36,037
Interest cover (DSCR)
0.30
Annual rent
$30,628
Operating expenses
$14,925
Loan amount
$796,000
Annual interest
$51,740
Gross yield
3.08%

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$995,000available10 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 $589/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 3.1%. 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

Raceview in one glance

Raceview at a glance

10,782

People

$860,000

Median sale

$589/wk

Median rent

3.56%

Suburb gross yield

Median sale from 119 recorded sales (last 12 months) — a Districts calculation.

See the full Raceview report →

Keep researching

  • Why Raceview? Read the area thesis →
  • What else is on the market in Raceview →
  • Other records on Rumsey Dr →

Listing material

Listed by NGU Real Estate Ipswich Central

RACEVIEW'S BEST POCKET WITH A RENOVATED KITCHEN + MASSIVE BACKYARD + FOUR CAR ACCOMMODATION!

Property Details at a Glance:

- Built In 2005

- 304m² Home on 830m² Block

Read the full description

- Council Rates $679.65/ Per Quarter

- Water Rates $239.87/Per Quarter

- Rental Appraisal $670-$700/Per Week

Offered to the market for the very first time, this presents a rare opportunity to secure a spacious and beautifully cared for family home in one of Raceview's most tightly held pockets. Positioned on a generous 830m² block, this lowset brick residence combines multiple living areas, a renovated kitchen, impressive outdoor entertaining and excellent vehicle accommodation to create a home perfectly suited to modern family life.

From the moment you arrive, the home's charming front verandah, established surrounds and sandstone rock wall makes a welcoming first impression. A decorative rock pathway complements the landscaped frontage, while the quiet setting and friendly neighbouring properties contribute to the relaxed atmosphere that makes this part of Raceview so appealing.

Inside, the home offers a comfortable and practical single level layout with two separate living areas, allowing families to spread out and enjoy their own space. The main living area is equipped with a Daikin split system air-conditioner, creating a comfortable retreat for everyday relaxation, while the second living room also features Daikin air conditioning and provides flexibility as a media room, children's area or additional family lounge.

At the heart of the home is the beautifully renovated kitchen, thoughtfully positioned to overlook the backyard and outdoor entertaining area. Finished with an island stone bench top, soft close drawers and ample storage, the kitchen brings style and everyday practicality together. Quality appliances include a Haier dishwasher and Westinghouse oven, while the adjoining separate dining area offers an inviting space for family meals and entertaining. A further split system air conditioner services this central area of the home.

The generously proportioned master bedroom provides a private retreat, complete with a walk in wardrobe, ensuite and Mitsubishi split system air-conditioning. The remaining three bedrooms are all comfortably sized, with built-in wardrobes provided throughout. Ceiling fans and additional split-system air conditioning across selected bedrooms ensure excellent year round comfort for the entire family.

The main bathroom has been lightly renovated with updated fittings, while the separate laundry provides additional convenience and keeps everyday household tasks neatly contained.

Outdoor living is a standout feature, with a massive covered entertaining area creating the perfect setting for weekend barbecues, family celebrations or relaxed afternoons with friends. Beyond the patio, the fully fenced backyard offers plenty of usable space for children and pets, complemented by colourbond fencing and a large garden shed for tools, equipment and additional storage.

Parking is exceptionally well catered for, with accommodation for up to four cars across the double carport and electric garage. The garage is finished with durable epoxy flooring, making it equally suitable for secure parking, storage or use as a clean workshop space.

Additional features include security screens, multiple split-system air-conditioners and a convenient position close to local schools, shopping facilities, parks and major transport connections.

Combining a tightly held Raceview address with spacious family living, excellent parking and an outstanding outdoor entertaining setup, this much-loved home represents an opportunity that is becoming increasingly difficult to find. Whether you are a growing family, a buyer needing additional vehicle space or someone seeking a quiet and established neighbourhood, 88 Rumsey Drive deserves your immediate attention.

Property Highlights:

- First Time Offered to the Market

- Spacious 830m² Block

- Master Bedroom with Walk-In Wardrobe and Ensuite

- Two Separate Living Areas

- Renovated Kitchen with Stone Waterfall Benchtop

- Soft Close Drawers and Ample Kitchen Storage

- Split System Air conditioning all round

- Massive Covered Outdoor Entertaining Area

- Double Carport and Electric Garage

- Accommodation for Up to Four Vehicles

- Large Garden Shed

- Colorbond Fencing

- Quiet and Tightly Held Raceview Pocket

Location Highlights:

- Approximately 2 minute drive to Raceview State School

- Approximately 4 minute drive to Bethany Lutheran Primary School

- Approximately 6 minute drive to Booval Fair Shopping Centre

- Approximately 8 minute drive to Ipswich CBD

- Approximately 10 minute drive to Riverlink Shopping Centre

- Approximately 10 minute drive to major highway connections

Listing Agents:

Daniel Parsons & Braydan Fender

The Danny P Team – NGU Real Estate Ipswich Central

Don't be disappointed - Call Daniel now: 0466 461 772

Results Speak Louder Than Words.

Disclaimer:

NGU Real Estate Ipswich Central has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.

Listing description written by Daniel Parsons, NGU Real Estate Ipswich Central — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Fully Fenced
  • Secure Parking
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.