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QLD › Kearneys Spring › Carrigan St

9 Carrigan St, Kearneys Spring QLD 4350

For saleHouse for Sale

$1,129,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

600 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,129,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,129,000(Listing record · 31 July 2026)
  • FactLand 600 m²; no building size recorded.(Property record)
  • CalculationAsk is 35% above the Kearneys Spring median recorded sale ($838,000, n=65, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Kearneys Spring's advertised median rent ($531/wk), implied gross yield would be 2.45% — 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

$1,129,000

Asking · $1,882/m² of land

No recorded sale for this property.

Kearneys Spring at a glance

10,869

People

$838,000

Median sale

$531/wk

Median rent

3.29%

Suburb gross yield

Median sale from 65 recorded sales (last 12 months) — a Districts calculation.

See the full Kearneys Spring report →

Vs Kearneys Spring

+34.7%

Median sale

Suburb $838,000

-0.84 pp

Gross yield

Suburb 3.29%

Suburb median $838,000 from 65 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,129,000
Stamp Duty (Queensland)
$45,443
Transfer/Registration Fee
$4,671
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
$1,182,814

$53,814 on top of the price (4.8% 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 Kearneys Spring's advertised median rent — not a rent for this listing.

Net yield
0.95%
Annual cashflow (pre-tax)
$-48,031
Interest cover (DSCR)
0.18
Annual rent
$27,612
Operating expenses
$16,935
Loan amount
$903,200
Annual interest
$58,708
Gross yield
2.45%

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$1,129,000available30 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 $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 2.4%. 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

Kearneys Spring in one glance

Kearneys Spring at a glance

10,869

People

$838,000

Median sale

$531/wk

Median rent

3.29%

Suburb gross yield

Median sale from 65 recorded sales (last 12 months) — a Districts calculation.

See the full Kearneys Spring report →

Keep researching

  • Why Kearneys Spring? Read the area thesis →
  • What else is on the market in Kearneys Spring →
  • Other records on Carrigan St →

Listing material

Listed by NGU Real Estate Toowoomba

PRICED FOR IMMEDIATE SALE!

Welcome to 9 Carrigan Street – a beautifully presented family home nestled in a quiet street within the sought-after Kearney West development, the newest pocket of the Velodrome Estate. Showcasing a timeless neutral colour palette, soaring high ceilings and extra-high doorways throughout, this home has been thoughtfully designed to maximise space, natural light and effortless family living.

The home offers:

- Four large bedrooms all with ceiling fans and built in robes

Read the full description

- Master bedroom has large windows extending to the floor, a walk in robe, an ensuite boasting a double vanity with stone bench tops & large walk in shower

- Family bathroom with a large shower, separate bath & vanity with stone bench tops

- Double car garage with internal access, built in storage & drive thru access to the rear

- Enormous second living area with large windows extending to the floor

- Dedicated study nook with built in cabinetry

- North East covered outdoor entertaining area

- Fully fenced, private back yard with producing fruit trees

- Garden shed on concrete slab

- High ceilings & high door ways throughout

- 5,000L water tank plumbed to the home

- Solar panels

- Water filtration system fitted to filter all incoming water supply

- Zoned ducted air conditioning

The heart of the home is undoubtedly the light-filled open plan kitchen, living and dining area, where a desirable north-eastern aspect welcomes beautiful morning sunshine through an abundance of oversized windows that extend to the floor, enhancing the sense of space and flooding the home with natural light. Bright, airy and wonderfully inviting, this central living space has been thoughtfully designed to embrace seamless indoor-outdoor living, with large glass sliding doors opening directly onto the covered outdoor entertaining area.

A dedicated built-in study nook adds further practicality, providing the ideal spot for homework, household organisation or those who work from home. Overlooking it all, the central kitchen features quality Westinghouse appliances including a gas cooktop and wall oven, stone benchtops, soft-close cabinetry, a generous island bench, dishwasher, a large pantry and an abundance of storage.

Families will appreciate the enormous second living area, offering exceptional versatility as a media room, children's retreat or additional lounge.

Stepping outside, you'll discover a private and low-maintenance backyard designed to be enjoyed year-round. The covered outdoor entertaining area provides the perfect extension of the home's open plan living, creating an inviting space to host family and friends. Established fruit trees, currently producing delicious citrus, add both charm and practicality, while there's still plenty of yard for children and pets to enjoy. Completing the outdoor space is a garden shed positioned on a concrete slab for additional storage, along with a 5,000L rainwater tank plumbed directly to the home.

Positioned in one of Kearneys Spring's most desirable estates, this exceptional home combines quality finishes, multiple living spaces and a family-friendly location just moments from parks, schools, shopping and the University.

For more information, please contact Matt Hawkins on 0423 120 232 or matt.hawkins@ngurealestate.com.au

Listing description written by Matt Hawkins, NGU Real Estate Toowoomba — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Outdoor Entertaining
  • Secure Parking
  • Solar Panels
  • Study
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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.