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QLD › Bundamba › Ronald St

U2, 23 Ronald St, Bundamba QLD 4304

For saleTownhouse

$699,000

For sale

Asking

3

Bedrooms

2

Bathrooms

1

Car spaces

147 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $699,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $699,000(Listing record · 27 July 2026)
  • FactLand 147 m²; no building size recorded.(Property record)
  • CalculationAsk is 16% below the Bundamba median recorded sale ($830,000, n=71, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Bundamba's advertised median rent ($522/wk), implied gross yield would be 3.88% — 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

$699,000

Asking · $4,755/m² of land

No recorded sale for this property.

Bundamba at a glance

7,451

People

$830,000

Median sale

$522/wk

Median rent

3.27%

Suburb gross yield

Median sale from 71 recorded sales (last 12 months) — a Districts calculation.

See the full Bundamba report →

Vs Bundamba

-15.8%

Median sale

Suburb $830,000

+0.61 pp

Gross yield

Suburb 3.27%

Suburb median $830,000 from 71 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$699,000
Stamp Duty (Queensland)
$24,480
Transfer/Registration Fee
$2,669
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
$729,849

$30,849 on top of the price (4.4% 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 Bundamba's advertised median rent — not a rent for this listing.

Net yield
2.38%
Annual cashflow (pre-tax)
$-19,689
Interest cover (DSCR)
0.46
Annual rent
$27,144
Operating expenses
$10,485
Loan amount
$559,200
Annual interest
$36,348
Gross yield
3.88%

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$699,000available27 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 $522/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 3.9%. 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

Bundamba in one glance

Bundamba at a glance

7,451

People

$830,000

Median sale

$522/wk

Median rent

3.27%

Suburb gross yield

Median sale from 71 recorded sales (last 12 months) — a Districts calculation.

See the full Bundamba report →

Keep researching

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

Listing material

Listed by RealWay Property Consultants Ipswich

Solid Brick Townhouse in a Peaceful Location – Ideal for First Home Buyers, Downsizers & Investors

Whether you're searching for your first home, looking to downsize without compromising on outdoor space, or adding a quality property to your investment portfolio, this beautifully presented townhouse offers the perfect combination of solid construction, low-maintenance living and everyday convenience. Nestled in a peaceful, leafy pocket of Bundamba, this quality home delivers comfort, privacy and exceptional value in one of Bundamba's most convenient locations.

Thoughtfully designed across two levels, the home features three generous built-in bedrooms, all positioned upstairs. The spacious master bedroom is complete with its own private ensuite, while a second well-appointed bathroom services the remaining bedrooms, providing comfortable living for families, couples or visiting guests.

Downstairs, you'll find a light-filled open-plan living and dining area that flows seamlessly into the well-appointed kitchen, offering ample cupboard and bench space. Fully tiled throughout, this level also includes a convenient powder room and internal laundry, creating an easy-care lifestyle you'll appreciate every day.

Read the full description

Built to stand the test of time, this quality townhouse boasts solid brick construction, a durable steel frame and a Colorbond roof, providing outstanding strength, durability and peace of mind for years to come.

Step outside to your own private, fully fenced courtyard with a generous backyard—a rare feature for townhouse living. Complete with a covered entertaining area, established garden beds and a rainwater tank for gardening, it's the perfect place to entertain family and friends, enjoy your morning coffee or simply relax in your own private outdoor retreat.

One of the home's standout features is its position directly opposite Barclay Street Park, offering peaceful park views and a wonderful extension of your outdoor lifestyle. Whether you're taking the kids to the playground, walking the dog, enjoying a morning stroll or simply relaxing amongst the greenery, you'll love having this beautiful park right on your doorstep.

Property Features

• Three generous built-in bedrooms

• Spacious master bedroom with private ensuite

• Two bathrooms plus downstairs powder room

• Light-filled open-plan living and dining

• Well-appointed kitchen with ample cupboard and bench space

• Fully tiled downstairs living areas

• Solid brick construction with a durable steel frame

• Colorbond roof

• Covered outdoor entertaining area

• Generous, fully fenced private backyard

• Established garden beds

• Rainwater tank for gardening

• Internal laundry

• Single lock-up garage

• Park views with Barclay Street Park directly opposite the townhouse

• Quiet, leafy setting within a well-maintained complex

Location Highlights

• Approx. 1 minute* to Bundamba State Secondary College

• Approx. 4 minutes* to Bundamba State School

• Approx. 3 minutes* to Bundamba Train Station

• Approx. 3 minutes* to The Oaks Shopping Village

• Approx. 10 minutes* to Costco & Bundamba Homemaker Centre

• Easy access to the Warrego Highway for convenient travel to Ipswich and Brisbane

*Approximate travel times by car.

Offering the perfect blend of quality construction, low-maintenance living, generous outdoor space and an unbeatable location, this outstanding townhouse is ready for its next owner. Whether you're entering the market, downsizing or investing, this is an opportunity not to be missed.

Contact Rahul Sharma on 0433 831 676 today to arrange your private inspection or visit one of our scheduled open homes. We look forward to welcoming you through this fantastic property.

Disclaimer:

Realway Property Consultants has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, accuracies, omissions, or misstatements contained. Prospective Buyers are encouraged to make their own enquiries to verify the relevant information contained in this advertisement and obtain professional advice if necessary.

Realway Property Consultants Ipswich – Real Service Real Results

Listing description written by Rahul Sharma, RealWay Property Consultants Ipswich — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Fully Fenced
  • Remote Garage
  • 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.