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QLD › North Ward › Landsborough St

U36, 28 Landsborough St, North Ward QLD 4810

For saleApartment

$1,995,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

317 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,995,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,995,000(Listing record · 12 Aug 2026)
  • FactLand 317 m²; no building size recorded.(Property record)
  • CalculationAsk is 56% above the North Ward median recorded sale ($1,275,000, n=25, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at North Ward's advertised median rent ($535/wk), implied gross yield would be 1.39% — 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

$1,995,000

Asking · $6,293/m² of land

No recorded sale for this property.

North Ward at a glance

5,297

People

$1,275,000

Median sale

$535/wk

Median rent

2.18%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full North Ward report →

Vs North Ward

+56.5%

Median sale

Suburb $1,275,000

-0.79 pp

Gross yield

Suburb 2.18%

Suburb median $1,275,000 from 25 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,995,000
Stamp Duty (Queensland)
$95,238
Transfer/Registration Fee
$8,722
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
$2,102,660

$107,660 on top of the price (5.4% 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 North Ward's advertised median rent — not a rent for this listing.

Net yield
-0.11%
Annual cashflow (pre-tax)
$-105,845
Interest cover (DSCR)
-0.02
Annual rent
$27,820
Operating expenses
$29,925
Loan amount
$1,596,000
Annual interest
$103,740
Gross yield
1.39%

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$1,995,000available12 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 $535/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 1.4%. 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

North Ward in one glance

North Ward at a glance

5,297

People

$1,275,000

Median sale

$535/wk

Median rent

2.18%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full North Ward report →

Keep researching

  • Why North Ward? Read the area thesis →
  • What else is on the market in North Ward →
  • Other records on Landsborough St →

Listing material

Listed by Ray White Townsville

Elevated Luxury in the Heart of North Ward

Occupying what is arguably the most desirable penthouse position within Jade Apartments, this remarkable residence captures the very best of North Ward from every angle - the blue of Cleveland Bay, the green of the surrounding treetops, the stunning silhouette of Magnetic Island and the dramatic presence of Castle Hill.

It is a home that feels open, elevated and wonderfully private, with an extraordinary amount of outdoor living that allows you to truly embrace Townsville's tropical lifestyle.

Step inside and your eye is immediately drawn beyond the living room to the view. Natural light pours through the walls of glass, while the open-plan living, dining and kitchen spaces flow effortlessly towards the expansive balcony beyond. This is where the home really comes alive.

Read the full description

With an enormous balcony wrapping alongside the main living spaces, plus a substantial additional terrace, the outdoor areas feel less like balconies and more like genuine extensions of the home. There is space here to entertain, dine, lounge and simply breathe.

At the heart of the residence, the kitchen has been designed to remain connected to it all. Clean, contemporary and practical, it overlooks the living and dining areas and sits only moments from the outdoor entertaining zones, making it easy to imagine weekends spent cooking with the doors open and guests moving freely between inside and out.

The main bedroom enjoys its own private end of the home and has the proportions and privacy you would expect from a penthouse retreat. Complete with a walk-in robe and beautifully finished ensuite, it offers a quiet place to unwind away from the rest of the residence.

Bedrooms two and three are positioned separately, while a dedicated home office adds another layer of flexibility for those who work from home, need a quiet study or simply value having a space that can be closed away from the main living areas.

This penthouse enjoys a rare combination of outlook, orientation, privacy and outdoor space that is difficult to replicate. The views unfold in more than one direction, giving the home a sense of openness throughout the day and allowing different parts of the landscape to become part of everyday life. From sunrise to late afternoon, the outlook is constantly changing - and never ordinary.

Jade Apartments itself is designed around relaxed resort-style living, with residents able to enjoy swimming pools, BBQ areas, landscaped tropical surrounds and a fully equipped gym. This is one of those locations that makes everyday life feel a little more like a holiday. The Strand, beachfront cafes, Jezzine Barracks, walking paths, restaurants and the water are all close by, while the CBD remains only minutes away.

You can head out for a morning walk along the foreshore, meet friends for breakfast, spend the afternoon by the pool and then return home to your own elevated sanctuary above it all. That is what makes this property so compelling.

36/28 Landsborough Street is a home for buyers who want space without sacrificing lifestyle, privacy without isolation, and a view they will never tire of coming home to.

Listing description written by Giovanni Spinella, Ray White Townsville — reproduced as published, not verified by Districts.

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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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