Point Vernon at a glance
5,987
People
$820,000
Median sale
$587/wk
Median rent
3.72%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
QLD › Point Vernon › Polson St
$650,000
Last sold
7 July 2025
2
Bedrooms
1
Bathrooms
1
Car spaces
610 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
$650,000
7 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Point Vernon (last 5 years) with land size have a median of $1,069/m² of land (n=112). Districts calculation from recorded sales — not a valuation.
Point Vernon at a glance
5,987
People
$820,000
Median sale
$587/wk
Median rent
3.72%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
Vs Point Vernon
-20.7%
Median sale
Suburb $820,000
+0.98 pp
Gross yield
Suburb 3.72%
Suburb median $820,000 from 86 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 $587/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
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
Point Vernon at a glance
5,987
People
$820,000
Median sale
$587/wk
Median rent
3.72%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Mitchell's RealtyDon’t miss this rare opportunity to secure your piece of paradise in one of Hervey Bay's most exclusive locations in the popular bayside suburb of Point Vernon. This is the first time this much-loved family home has been offered for sale in more than 29 years. This sound brick home appears to have been built in the early 1990s and is situated on a low-maintenance 610m² allotment that was not affected by the recent storm event, with the highly coveted north-south aspect in a quiet court.
This is where you will enjoy an evening walk along the beautiful esplanade while taking in a sunset, wetting a line while catching dinner, and you are only minutes away from beautiful Gatakers Bay and the boat ramp.
10 Polson Street, Point Vernon, features:-
• A low-maintenance 610m2 allotment in a quiet court, fortunately NOT affected by the recent storm event
• A sound brick home, completed around the early 1990s
• Two spacious bedrooms, both with a ceiling fan, reverse-cycle split system air conditioning, and built-in wardrobes
• The bathroom has been completely upgraded and features a shower and a vanity, plus a separate toilet
• The kitchen has been refurbished and features ample bench and storage space, a pantry, and an electric stove
• A vast open-plan living and dining area off the side of the kitchen with reverse-cycle split system air-conditioning
• The laundry includes a utility cupboard and offers direct outdoor access to the clothesline
• A single-car garage with a remote entry door and direct internal access
• An expansive covered outdoor entertainment area with a built-in BBQ space and sink
• Side access and room to accommodate an RV, caravan, or boat.
You also have the convenience of being only a short drive away from Hervey Bay's essential amenities, including Shopping centres, hospitals, medical centres, a golf course and everything else that makes Hervey Bay great.
Contact our team now to arrange your private inspection or video call walkthrough; you will only be disappointed if you miss this one ….
NOTE: Property boundary lines are shown as approximate/indicative only in associated images – please refer to survey plans for full details.
DISCLAIMER: Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our vendors, and as such, Mitchells Realty makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps, and images are representative only for marketing purposes.
Listing description written by Scott & Katrina Mitchell, Mitchell's Realty — reproduced as published, not verified by Districts.