Douglas at a glance
8,156
People
$962,500
Median sale
$613/wk
Median rent
3.31%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
QLD › Douglas › Paddington Tce
$490,000
For sale
Asking
2
Bedrooms
2
Bathrooms
1
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Asking
$490,000
Asking
No recorded sale for this property.
Douglas at a glance
8,156
People
$962,500
Median sale
$613/wk
Median rent
3.31%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
Vs Douglas
-49.1%
Median sale
Suburb $962,500
+3.20 pp
Gross yield
Suburb 3.31%
Suburb median $962,500 from 6 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
$20,966 on top of the price (4.3% extra)
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.
Pre-filled with Douglas's advertised median rent — not a rent for this listing.
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.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning 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.
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
No advertised rent is recorded. Suburb median rent $613/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
Gross yield if leased at the suburb aggregate is 6.5%. 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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Douglas at a glance
8,156
People
$962,500
Median sale
$613/wk
Median rent
3.31%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by TheOnsiteManagerPositioned within the impeccably maintained Riverside Gardens Apartment Complex, this stylish two-bedroom, two-bathroom apartment delivers the perfect combination of comfort, convenience, and lifestyle appeal. Ideally located just minutes from James Cook University, Townsville University Hospital, shopping precincts, parklands, and local dining options, this property presents an exceptional opportunity for investors, first-home buyers, and professional couples alike.
Set behind secure gated access at 4 Paddington Terrace, the apartment offers spacious open-plan living designed for effortless North Queensland living. The light-filled living and dining area flows seamlessly onto a private verandah � an ideal space for entertaining or relaxing outdoors year-round.
Both bedrooms are generously proportioned and feature mirrored built-in wardrobes, split-system air conditioning, and ceiling fans. The master suite includes a modern ensuite, while the main bathroom offers a practical shower and bathtub combination.
The contemporary kitchen is thoughtfully designed with stone benchtops, ample storage and a dishwasher included, making it equally suited to owner-occupiers or tenants seeking low-maintenance modern living.
Additional features include a European laundry, full air conditioning throughout, fly screens, a storage cage and a designated carport with abundant visitor parking.
Residents of Riverside Gardens enjoy access to resort-style facilities including a large swimming pool, BBQ entertaining area, beautifully maintained communal grounds, and a convenient on-site car wash bay.
Property Features:
Two spacious air-conditioned bedrooms with mirrored built-in wardrobes
Master bedroom complete with private ensuite
Light-filled open-plan living and dining area
Private Verandah
Modern kitchen with stone benchtops and dishwasher
Main bathroom with shower/bath combination
Internal laundry with dryer included
Fully air-conditioned and fly screened throughout
Secure gated complex with dedicated car accommodation
Resort-style pool, BBQ facilities, and communal car wash bay
Outgoings:
Council Rates: Approx. $1,908.57 per half year (including water)
Body Corporate Rates : Approx $2356.26 per half year
With a current fixed term tenancy agreement in place at $490/week moving to $580/week in July, 2026, this is an outstanding investment opportunity to secure a quality apartment in one of Douglas� most convenient and high-demand locations.
This is modern, low-maintenance living with strong investment potential in a location that continues to perform.
PLEASE NOTE - THE FURNITURE IS NOT INCLUDED
INSPECTIONS BY APPOINTMENT(Listing ID: 21179294 )
Listing description written by Renee Guazzo, TheOnsiteManager — reproduced as published, not verified by Districts.
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