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QLD › Warwick › Locke St

93 Locke St, Warwick QLD 4370

For saleHouse for Sale

$749,950

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

799 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $749,950 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $749,950(Listing record · 16 Apr 2026)
  • FactLand 799 m²; no building size recorded.(Property record)
  • CalculationAsk is 24% above the Warwick median recorded sale ($605,000, n=54, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Warwick's advertised median rent ($510/wk), implied gross yield would be 3.54% — 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

$749,950

Asking · $939/m² of land

No recorded sale for this property.

Warwick at a glance

12,880

People

$605,000

Median sale

$510/wk

Median rent

4.38%

Suburb gross yield

Median sale from 54 recorded sales (last 12 months) — a Districts calculation.

See the full Warwick report →

Vs Warwick

+24.0%

Median sale

Suburb $605,000

-0.84 pp

Gross yield

Suburb 4.38%

Suburb median $605,000 from 54 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$749,950
Stamp Duty (Queensland)
$26,773
Transfer/Registration Fee
$2,902
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
$783,325

$33,375 on top of the price (4.5% 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 Warwick's advertised median rent — not a rent for this listing.

Net yield
2.04%
Annual cashflow (pre-tax)
$-23,727
Interest cover (DSCR)
0.39
Annual rent
$26,520
Operating expenses
$11,249
Loan amount
$599,960
Annual interest
$38,997
Gross yield
3.54%

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$749,950available16 Apr 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 $510/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 3.5%. 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

Warwick in one glance

Warwick at a glance

12,880

People

$605,000

Median sale

$510/wk

Median rent

4.38%

Suburb gross yield

Median sale from 54 recorded sales (last 12 months) — a Districts calculation.

See the full Warwick report →

Keep researching

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

Listing material

Listed by Southern Downs Realty

FULLY RENOVATED INSIDE – HIDDEN SURPRISE PACKAGE WITH SPACE, STYLE & COMFORT

Step inside and discover a stunning transformation. This beautifully renovated home has been completely refreshed internally, offering modern comfort, style, and space that will impress from the moment you walk through the front entrance.

Boasting four generous bedrooms, all fitted with quality carpet and premium underlay, three bedrooms include built-in wardrobes. The main bedroom is a true standout, featuring French doors that open onto a private balcony—perfect for catching the afternoon breeze.

The living spaces are designed for both comfort and durability, showcasing sleek hybrid flooring and a powerful 9.5kw air conditioner to keep the entire home comfortable year-round.

Read the full description

At the heart of the home lies a spacious, modern kitchen that will delight any home cook, complete with a brand new 900mm oven and cooktop, new dishwasher, ample overhead cupboards, and a large fridge space—perfect for family living or entertaining guests.

Inside, everything has been taken care of—new electrical throughout, stylish down lights, an upgraded digital meter box, and brand-new plumbing, all complemented by fresh paint that gives the home a bright, contemporary feel.

The main bathroom is modern and inviting, featuring both a shower and bath, while downstairs adds extra convenience with a second shower and toilet, along with a practical laundry area.

Additional features include a double garage, gas hot water system, and a large under-house area ideal for storage, a workshop, or future potential.

Key Features:

• Fully renovated interior throughout (modern finishes, fresh paint)

• 4 spacious bedrooms with quality carpet & underlay

• 3 bedrooms with built-in wardrobes

• Main bedroom with French doors opening to private balcony

• Modern kitchen with brand new 900mm oven & cooktop

• New dishwasher and ample overhead cabinetry

• Open living area with hybrid flooring

• Powerful 9.5kW air conditioner in living space

• Completely new electrical wiring throughout

• Stylish LED downlights installed

• New plumbing throughout the home

• Modern bathroom with shower and bath

• Second bathroom downstairs (shower + toilet)

• Downstairs laundry for convenience

• Double garage (2 car accommodation)

• Gas hot water system

• Roof rescrewed with new ridge capping

• Large under-house area for storage/workshop use

• Solid home with strong renovation investment inside

Don't judge this one from the outside—step inside and you'll be blown away by the full internal transformation. This is a home where all the hard work has been done inside—simply move in, relax, and enjoy the lifestyle on offer. A hidden gem that must be seen to be fully appreciated.

Listing description written by Mark Mauch, Southern Downs Realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Fully Fenced
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.