Kearneys Spring at a glance
10,869
People
$838,000
Median sale
$531/wk
Median rent
3.29%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
QLD › Kearneys Spring › Mcivor St
$680,000
Last sold
29 Jan 2025
4
Bedrooms
2
Bathrooms
1
Car spaces
582 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
$680,000
29 Jan 2025 · derived via latest_sale
Local land rate: recorded House sales in Kearneys Spring (last 5 years) with land size have a median of $1,152/m² of land (n=105). Districts calculation from recorded sales — not a valuation.
Kearneys Spring at a glance
10,869
People
$838,000
Median sale
$531/wk
Median rent
3.29%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
Vs Kearneys Spring
-18.9%
Median sale
Suburb $838,000
+0.77 pp
Gross yield
Suburb 3.29%
Suburb median $838,000 from 65 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $531/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.
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Kearneys Spring at a glance
10,869
People
$838,000
Median sale
$531/wk
Median rent
3.29%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate ToowoombaPREVIOUS CONTRACT CRASHED – DON'T MISS YOUR SECOND CHANCE! CONTACT ZAC TURLEY OR MURRAY TROY TODAY TO ARRANGE YOUR WELCOMED INSPECTION.
Set in a fantastic pocket in the ever-popular Kearney Springs, 10 McIvor Street, presents a unique opportunity for families or astute investors. Situated in a peaceful neighbourhood, this home offers flexible living options. It could be ideal for extended families seeking dual living arrangements or for those looking to capitalise on its strong rental history and proven record as a fruitful investment property.
The properties' prime location is a major drawcard as it also offers easy access to a plethora of amenities and top-tier educational institutions. Just down the road, a short stroll away, is West Creek Park which provides a tranquil setting for leisurely walks, picnics, and birdwatching. For daily conveniences, Westridge Shopping Centre is just a 3-minute drive away, while Toowoomba City Centre is a 10-minute drive for a wider range of shopping, dining, and entertainment options.
Upon entry, a spacious lounge room seamlessly connects the bedrooms and kitchen. Originally built in 1990, this part of the home offers four spacious bedrooms, including a generous master suite with a walk-in robe and direct access to the main bathroom. The classic bathroom, complete with a bathtub, vanity, and a stylish, recently renovated shower, is brimming with potential for future renovations. It is functional as-is yet offers endless possibilities for future personalisation.
A separate toilet is nearby, providing additional convenience. All bedrooms feature ceiling fans, with two secondary bedrooms boasting built-in robes. Recent renovations have revitalised this area with fresh paint, new carpets, and stylish timber flooring.
The classic kitchen, with its generous storage and bench space, offers a solid foundation for future renovations. Accessible off the dining room, there is a concrete patio ideal for outdoor dining or barbecues which overlooks the fully fenced, low-maintenance backyard.
A spacious laundry connects the original home to the modern studio apartment, added in early 2019. This area also provides access to a versatile space, perfect for a home office, teen retreat, or additional living area, which flows into the fourth bedroom.
This modern studio apartment, once rented separately, offers year-round comfort. Offering a fully equipped kitchen, modern bathroom with vanity, toilet and generous shower, and reverse cycle air-conditioning, it is perfect for year-round living. The included washing machine/dryer and fridge add to the convenience. Separate access via the driveway and single vehicle carport ensures privacy and security. This open-plan studio apartment combines bedroom, living, and kitchen areas.
Very rarely do you find a property with the unique layout, features, potential and track-record that 10 McIvor Street boasts. With the property last renting for $670 per week, combined with Kearneys Spring's high demand for rental properties, particularly houses, and the overall positive trend in the Toowoomba property market, there is apparent upside for any discerning buyer. Don't miss this one-of-a-kind opportunity, contact Zac Turley or Murray Troy today for further information or to arrange your welcomed inspection.
Key Features Include:
- Previously rented for $670/week, with potential to increase to $700/week.
- Brand new flooring and carpets throughout.
- Half the home freshly painted.
- Master bedroom with walk-in robe and access to main bathroom.
- Two bedrooms with built-in wardrobes.
- All bedrooms carpeted and equipped with ceiling fans.
- Main bathroom in original condition despite a modern, updated shower.
- Separate toilet.
- Ample storage throughout.
- Outdoor entertainment space on concrete slab.
- Original kitchen with electric oven and cooktop.
- Large laundry with skylight, leading to additional bedroom.
- Studio apartment with open plan living, dining, and kitchen. Includes reverse cycle A/C and ample storage.
- Modern kitchen in studio apartment with appliances and LED lighting.
- Modern bathroom in studio apartment with vanity, toilet, and shower.
- Modern colour palette throughout.
- Fully fenced backyard with garden shed/lawn locker.
- Security screens on all windows and doors.
Convenient Location:
- Westridge Shopping Centre, 3-minute commute (1.3km)
- Toowoomba Plaza Shopping Mall, 5-minute commute (1.7 km)
- The Ridge Shoppingworld, 5-minute commute (2.0km)
- University of Southern Queensland, 5-minute commute (2.6km)
- City Golf Club Toowoomba, 5-minute commute (2.7km)
- Toowoomba CBD, 10-minute commute (4.3km)
- TAFE Queensland, 13-minute commute (6.0km)
School Catchment:
- Prep to Year 6: Darling Heights State School
- Year 7 to Year 12: Harristown State High School
Property Rates:
- General net ½ yearly: $1,328.66
- Water access charge net ½ yearly: $335.75 + consumption.
Additional Information:
- Local Government Area: Toowoomba Regional Council.
- Real Property Description: Lot 43 on Crown Plan AG4195.
- Previously Earning Approximate Income of: $34,840 Per Annum.
- Orientation to Street: North.
- Allotment Size: 582 m2.
- Water Efficient Property.
- Two Separate Phone Lines.
Advertising Disclaimer:
While we have taken great care to provide accurate information, we deny liability for any errors, omissions, inaccuracies, or misstatements that may appear. Prospective purchasers are encouraged to independently verify all details before making any decisions.
Listing description written by Zac Turley, Elders Real Estate Toowoomba — 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 (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.