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QLD › Freshwater › Old Smithfield Rd

U4, 12-14 Old Smithfield Rd, Freshwater QLD 4870

For saleTownhouse

$469,000

For sale

Asking

3

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $469,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $469,000(Listing record · 29 Jan 2024)
  • CalculationAsk is 53% below the Freshwater median recorded sale ($1,000,000, n=22, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Freshwater's advertised median rent ($705/wk), implied gross yield would be 7.82% — 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

$469,000

Asking

No recorded sale for this property.

Freshwater at a glance

2,195

People

$1,000,000

Median sale

$705/wk

Median rent

3.67%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Freshwater report →

Vs Freshwater

-53.1%

Median sale

Suburb $1,000,000

+4.15 pp

Gross yield

Suburb 3.67%

Suburb median $1,000,000 from 22 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$469,000
Stamp Duty (Queensland)
$14,840
Transfer/Registration Fee
$1,598
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
$489,138

$20,138 on top of the price (4.3% 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 Freshwater's advertised median rent — not a rent for this listing.

Net yield
6.32%
Annual cashflow (pre-tax)
$5,237
Interest cover (DSCR)
1.21
Annual rent
$36,660
Operating expenses
$7,035
Loan amount
$375,200
Annual interest
$24,388
Gross yield
7.82%

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$469,000available29 Jan 2024

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 $705/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 7.8%. 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

Freshwater in one glance

Freshwater at a glance

2,195

People

$1,000,000

Median sale

$705/wk

Median rent

3.67%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Freshwater report →

Keep researching

  • Why Freshwater? Read the area thesis →
  • What else is on the market in Freshwater →
  • Other records on Old Smithfield Rd →

Listing material

Listed by Redlynch Real Estate

Just Move In! Spacious Luxury Townhouse - Walk to School

This spacious three bedroom townhouse represents a rare opportunity to own in the very popular suburb of Freshwater,

Situated at the back of the complex, Water Haven is a secure and well maintained complex of only eleven townhouses.

Features Include;

Read the full description

- Full sized kitchen with overhead cupboards & dishwasher - plenty of storage space!

- Open plan living/dining room - split air conditioning

- Separate downstairs laundry with additional toilet for convenience

- Main bedroom features large walk through wardrobe + huge ensuite with shower, toilet and double vanity!

- Private balcony off the main bedroom

- Bedrooms (2) & (3) both with built in wardrobes and air conditioning

- Large main bathroom - shower over bath, vanity and toilet

- Fenced , undercover rear patio (exclusive use)

- Secure garage at your front door with electric roller door - internal access door, stay dry!

- Additional guest parking at the front of the complex + off street parking

- Resort style swimming pool with established tropical gardens

- Potential rental return of $480 - $520 per week

- Body Corporate fees approx. $5744.00 per year - Financially healthy sinking fund

- Council Rates approx. $2,918 per year

- Vacant possession available! - Just move in!

- Walking distance to Limberlost Nursery & Cafe

- Freshwater State School is located at the end of the street - kids can walk to school

- A few minutes walk to local Freshwater shops which include a French Bakery, Post Office, IGA , gift ship and takeaway - how convenient!

- A few minutes drive will take you to Redlynch Shopping Centre, Red Beret Hotel, sporting and medical facilities

- Easy 15 minute drive to Cairns CBD, International Airport and a further 20 minute drive to the Northern Beaches

This property can provide a great investment opportunity or move in at the end of the tenancy and enjoy your new home. Be sure to move fast or risk missing out!

For further information contact Ashley Boxsell 0435 449 469.

NB: Virtual furniture has been used in the photographs for advertising purposes only. Please be aware that the photographs do not represent the exact presentation and are for representational purposes only.

**Disclaimer: The information provided in this property listing, including measurements and property descriptions, is believed to be accurate and reliable. However, it is subject to errors, omission and changes without notice. Prospective buyers are advised to verify all details independently, including measurements, zoning regulations, property features and any other relevant information. The listing agents and seller shall not be held responsible for any inaccuracies and all parties

Listing description written by Ashley Boxsell, Redlynch Real Estate — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Broadband
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Pay TV
  • In-Ground Pool
  • 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.