Spring Mountain at a glance
10,004
People
$1,050,000
Median sale
$676/wk
Median rent
3.35%
Suburb gross yield
Median sale from 119 recorded sales (last 12 months) — a Districts calculation.
QLD › Spring Mountain › Formosa St
$865,000
Last sold
29 May 2026
0
Bedrooms
0
Bathrooms
0
Car spaces
448 m²
Land
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
Last sold
$865,000
29 May 2026 · derived via latest_sale
Local land rate: recorded Land sales in Spring Mountain (last 5 years) with land size have a median of $1,674/m² of land (n=9). Districts calculation from recorded sales — not a valuation.
Spring Mountain at a glance
10,004
People
$1,050,000
Median sale
$676/wk
Median rent
3.35%
Suburb gross yield
Median sale from 119 recorded sales (last 12 months) — a Districts calculation.
Vs Spring Mountain
-17.6%
Median sale
Suburb $1,050,000
+0.71 pp
Gross yield
Suburb 3.35%
Suburb median $1,050,000 from 119 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data unavailable for this jurisdiction (no_adapter:QLD)
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
QLDZoning is not available (no_adapter). 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 (no_adapter). 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 $676/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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
UnknownZoning is not available (no_adapter).
Nearby development pipeline
UnknownArea
Spring Mountain at a glance
10,004
People
$1,050,000
Median sale
$676/wk
Median rent
3.35%
Suburb gross yield
Median sale from 119 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Prime Place Property10 FORMOSA STREET, SPRING MOUNTAIN QLD 4300
Aman Dhillon and Team Prime Place Property proudly present this exceptional opportunity to secure a premium parcel of land in one of Spring Mountain’s most sought-after and rapidly growing communities.
This generous 448m² block offers the perfect blank canvas to design and build your dream home or investment property tailored to your lifestyle. Nestled in a well-planned estate, this vacant land provides the ideal balance of convenience, connectivity, and future growth potential.
Positioned within the Ipswich City Council, the property is free from flood and heritage overlays, providing peace of mind for buyers looking to build with confidence. A bushfire overlay is applicable, and buyers are encouraged to conduct their own due diligence regarding building requirements.
Property Features:
• 448m² vacant block – ready to build
• No flood or heritage overlays detected
• Opticomm Fibre to the Premises available
• Strong 5G mobile coverage
Location Highlights:
• Located within the Greater Springfield master-planned community
• Close proximity to Orion Springfield Central shopping, dining & entertainment precinct
• Access to public transport connecting to Springfield Central Train Station
• Nearby access to Centenary Highway connecting to Brisbane CBD
• Surrounded by parks, walking trails & conservation areas
• Within catchment for Spring Mountain State School & Springfield Central State High School
Whether you are looking to build your dream home or invest in a high-growth corridor, this is an opportunity not to be missed.
Contact Aman Dhillon on 0401 757 866 to arrange further information.
DISCLAIMER: Prime Place Property has taken all reasonable steps to ensure that the information in this advertisement is accurate. However, no responsibility is accepted for any errors, omissions, inaccuracies, or misstatements. Prospective buyers are advised to conduct their own independent investigations.
Listing description written by Aman Dhillon, Prime Place Property — reproduced as published, not verified by Districts.
Nearby 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 (no_adapter). 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
UnknownNo DA adapter returned applications 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.