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QLD › Bowen › Tracey St

U1-2, 21 Tracey St, Bowen QLD 4805

For saleBlock of Units

$749,000

For sale

Asking

2

Bedrooms

1

Bathrooms

3

Car spaces

830 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $749,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $749,000(Listing record · 12 Aug 2026)
  • CalculationLand 830 m² against a 90 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded Block of Units sales in Bowen (last 5 years) with land size: median $950/m² of land (n=3). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 33% above the Bowen median recorded sale ($565,000, n=163, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Bowen's advertised median rent ($545/wk), implied gross yield would be 3.78% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$749,000

Asking · $902/m² of land

No recorded sale for this property.

Local land rate: recorded Block of Units sales in Bowen (last 5 years) with land size have a median of $950/m² of land (n=3). Districts calculation from recorded sales — not a valuation.

Bowen at a glance

12,720

People

$565,000

Median sale

$545/wk

Median rent

5.02%

Suburb gross yield

Median sale from 163 recorded sales (last 12 months) — a Districts calculation.

See the full Bowen report →

Vs Bowen

+32.6%

Median sale

Suburb $565,000

-1.24 pp

Gross yield

Suburb 5.02%

Suburb median $565,000 from 163 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$749,000
Stamp Duty (Queensland)
$26,730
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
$782,332

$33,332 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 Bowen's advertised median rent — not a rent for this listing.

Net yield
2.28%
Annual cashflow (pre-tax)
$-21,843
Interest cover (DSCR)
0.44
Annual rent
$28,340
Operating expenses
$11,235
Loan amount
$599,200
Annual interest
$38,948
Gross yield
3.78%

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$749,000available12 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 $545/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 3.8%. 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

Bowen in one glance

Bowen at a glance

12,720

People

$565,000

Median sale

$545/wk

Median rent

5.02%

Suburb gross yield

Median sale from 163 recorded sales (last 12 months) — a Districts calculation.

See the full Bowen report →

Keep researching

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

Listing material

Listed by Professionals Frank Sellars & Company

DUPLEX, BRICK AT BEACH - PERFECT INVESTMENT

Have you been in search of the perfect investment opportunity to add to your growing property portfolio? Or could you be seeking a home plus an investment?

Well look no further than this solid-as-a-rock brick duplex on 830 square metres with a single title located within very easy walking distance from popular Queens Beach. Both units are private and boast 2 spacious bedrooms with fitted robes. Year-round comfort is assured with ceiling fans and air-conditioning installed to provide relief on those hot summer days.

Both kitchens provide plenty of bench and cupboard space and have servery bench to the living/dining. The bathrooms are functional and roomy in their design. Open plan living areas flow comfortably onto the private patios, perfect for alfresco dining or simply soaking up the coastal ambience and those fantastic sea breezes.

Read the full description

From this location you have a quick and easy walk to the long sandy stretch of Queens Bay, with the added convenience of being a stones throw from the Queens Beach State School, a kindergarten, tennis and bowls clubs and child care facilities to name a few. Alternatively, take a leisurely stroll down to the end of Queens Beach Esplanade and drop in a line or take in a movie at the local Summergarten Theatre, both options are within easy walking distance.

Investors will appreciate both units are returning a combined total of $780.00 per week from longer term tenants who are eager to stay on. This desirable property offers the perfect blend of quality and convenience in sought after Queens Beach and provides the astute buyer with an opportunity not to be missed. Contact the real estate PROFESSIONALS today to arrange an inspection appointment of this very well located investment property as soon as you are able!

Listing description written by Brian Sellars, Professionals Frank Sellars & Company — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Courtyard
  • Fully Fenced
  • Shed
  • Toilets: 1
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.