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QLD › Tugun › Morshead St

9 Morshead St, Tugun QLD 4224

For saleHouse for Sale

$1,700,000

For sale

Asking

4

Bedrooms

2

Bathrooms

1

Car spaces

496 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,700,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,700,000(Listing record · 5 Aug 2026)
  • CalculationAsk is 6% above the Tugun median recorded sale ($1,605,000, n=18, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Tugun's advertised median rent ($783/wk), implied gross yield would be 2.40% — 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

$1,700,000

Asking · $3,427/m² of land

No recorded sale for this property.

Tugun at a glance

7,606

People

$1,605,000

Median sale

$783/wk

Median rent

2.54%

Suburb gross yield

Median sale from 18 recorded sales (last 12 months) — a Districts calculation.

See the full Tugun report →

Vs Tugun

+5.9%

Median sale

Suburb $1,605,000

-0.14 pp

Gross yield

Suburb 2.54%

Suburb median $1,605,000 from 18 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,700,000
Stamp Duty (Queensland)
$78,275
Transfer/Registration Fee
$7,325
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
$1,789,300

$89,300 on top of the price (5.3% 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 Tugun's advertised median rent — not a rent for this listing.

Net yield
0.90%
Annual cashflow (pre-tax)
$-73,184
Interest cover (DSCR)
0.17
Annual rent
$40,716
Operating expenses
$25,500
Loan amount
$1,360,000
Annual interest
$88,400
Gross yield
2.40%

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$1,700,000available5 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 $783/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

Tugun in one glance

Tugun at a glance

7,606

People

$1,605,000

Median sale

$783/wk

Median rent

2.54%

Suburb gross yield

Median sale from 18 recorded sales (last 12 months) — a Districts calculation.

See the full Tugun report →

Keep researching

  • Why Tugun? Read the area thesis →
  • What else is on the market in Tugun →
  • Other records on Morshead St →

Listing material

Listed by Ray White Tugun

Architectural Perfection Near the Beach | Must Inspect Inside

Welcome to 9 Morshead Street, an architectural masterpiece where high-end design, effortless functionality, and relaxed coastal living converge. Beautifully renovated and lovingly held as a cherished family home, this 4-bedroom sanctuary offers a rare lifestyle opportunity in one of Tugun's most sought-after coastal enclaves.

From the moment you arrive, the home hints at something special - yet street elevation and photography simply cannot capture the true scale, light, and understated elegance inside. It is an absolute must-see in person to fully experience its impressive proportions and seamless flow.

Every detail has been masterfully executed to deliver a completely finished, turnkey residence. There is nothing left to do except move in, unpack, and start living the ultimate coastal lifestyle.

Read the full description

Property Highlights

• Architectural Living Hub: Step into an expansive open-plan living and dining area boasting soaring raked ceilings with exposed timber beams, crisp white interiors, and floor-to-ceiling glass sliding doors that blur the line between indoor and outdoor living.

• Gourmet Coastal Kitchen: Designed for effortless family living and entertaining, featuring bespoke pastel cabinetry, custom tile splashbacks, floating timber shelving, premium finishes, and an oversized island bench.

• Bespoke Master Retreat: A tranquil sanctuary complete with arched bedside niches, custom textured wall finishes, a dual-entry walk-in robe, and subtle designer sconce lighting.

• Luxury Designer Bathrooms: High-end finishes including sage kit-kat tiles, terrazzo flooring, double vanities, brushed brass fixtures, frameless glass rain showers, and built-in bench seating.

• Flexible Family Layout: Features both a central living hub and a separate media/lounge room, offering the perfect balance of shared family space and quiet privacy.

• Outdoor Entertaining & Lawn: Indoor spaces transition effortlessly onto a sun-drenched timber deck overlooking a lush, fully fenced yard complete with a dedicated fire pit zone for evening gatherings under the stars.

Location & Lifestyle Highlights

• The Beachfront: ~800m (an easy 10-minute stroll or 2-minute drive to the sand)

• Tugun Skate Park & Off-Leash Dog Park: Conveniently located at the end of the street (~200m)

• Local Village & Dining: ~850m to vibrant local cafes, boutique shopping, and popular wine bars

• Currumbin Wildlife Sanctuary: ~2.0 km (4-minute drive)

• John Flynn Private Hospital: ~2.2 km (4-minute drive)

• Gold Coast Airport (OOL): ~3.5 km (6-minute drive)

• Currumbin Alley (Surf Break): ~3.8 km (6-minute drive)

• Southern Cross University (Gold Coast Campus): ~4.0 km (7-minute drive)

A Turnkey Coastal Opportunity

High-end family homes of this quality, position, and completion level are exceptionally rare. Whether you are seeking a move-in-ready family haven or an executive coastal retreat, 9 Morshead Street stands in a class of its own. Contact us today to arrange your private inspection-this home must be stepped inside to be truly appreciated.

Disclaimer: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Listing description written by John Parkes, Ray White Tugun — 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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