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 › Palk Pl
$1,085,000
Last sold
31 Mar 2026
4
Bedrooms
3
Bathrooms
2
Car spaces
351 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
$1,085,000
31 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Spring Mountain (last 5 years) with land size have a median of $2,701/m² of land (n=178). 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
+3.3%
Median sale
Suburb $1,050,000
-0.11 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 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 $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.
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
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 RealWay EdgeWelcome to 10 Palk Place, Spring Mountain – a well presented and thoughtfully designed home offering comfort, flexibility and modern convenience in one of Greater Springfield's most desirable communities. Positioned on a 351sqm block in a quiet street, this spacious 4 bedroom residence delivers a practical layout ideal for growing families, investors, or those seeking flexible living arrangements.
What truly sets this property apart is the additional living space complete with its own kitchenette and third bathroom. This versatile area offers incredible flexibility, making it ideal for multi-generational living, a private retreat for extended family, a teenager's space, or even the opportunity to generate additional income through an Airbnb setup.
Inside, the home features a bright open plan living and dining area centred around a modern kitchen with generous bench space, quality appliances and plenty of storage. The seamless indoor to outdoor flow leads to a covered alfresco area overlooking the private backyard, providing the perfect setting for entertaining or relaxing with family and friends.
Property Features:
• Spacious master bedroom featuring a walk in robe, private ensuite and split system air conditioning creating a comfortable and private retreat
• Three additional well sized bedrooms complete with built in robes, ceiling fans and easy access to the main bathroom
• Modern kitchen featuring quality appliances, gas cooktop, ample storage and generous bench space perfect for everyday cooking and entertaining
• Open plan living and dining area filled with natural light and designed for comfortable family living
• Separate additional living zone with its own kitchenette and bathroom offering ideal potential for multi generational living or Airbnb income
• Main bathroom featuring a bathtub, modern vanity and separate shower servicing the additional bedrooms
• Covered outdoor alfresco area overlooking a low maintenance backyard perfect for entertaining or relaxing
• Split system air conditioning and ceiling fans throughout providing year round comfort
• Double lock up garage with internal access for security and convenience
• Positioned on a low maintenance 351sqm block in a quiet and family friendly street
Location Features:
• 4 minutes to Spring Mountain State School
• 6 minutes to Orion Springfield Central Shopping Centre
• 6 minutes to Robelle Domain Parklands and Orion Lagoon
• 6 minutes to Springfield Central Train Station
• 7 minutes to Mater Private Hospital Springfield
• 7 minutes to University of Southern Queensland Springfield Campus
• 7 minutes to Springfield Central State High School
• Easy access to Centenary Highway for convenient Brisbane commuting
Distances are approximate.
Don't miss your chance to own this incredible property - enquire today! Please register your interest with Vani Kumbala on 0460 612 555 or Amar Billabati on 0460 111 555.
Talk to us about our mortgage & finance service. Take advantage of our complimentary in-house finance check for all buyers considering a purchase.
Disclaimer: Information provided by RealWay edge, its employees and related parties is a general outline for the guidance of intending purchasers or tenants and interested parties should not rely on it as representations of fact but must satisfy themselves by inspection or otherwise.
Listing description written by Vani Kumbala, RealWay Edge — 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.