Fernvale at a glance
4,102
People
$877,500
Median sale
$567/wk
Median rent
3.36%
Suburb gross yield
Median sale from 58 recorded sales (last 12 months) — a Districts calculation.
QLD › Fernvale › Honeywood Dr
$508,000
Last sold
20 Sept 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
733 m²
Land
210 m²
Building
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
$508,000
20 Sept 2023 · derived via latest_sale
Local land rate: recorded House sales in Fernvale (last 5 years) with land size have a median of $802/m² of land (n=163). Districts calculation from recorded sales — not a valuation.
Fernvale at a glance
4,102
People
$877,500
Median sale
$567/wk
Median rent
3.36%
Suburb gross yield
Median sale from 58 recorded sales (last 12 months) — a Districts calculation.
Vs Fernvale
-42.1%
Median sale
Suburb $877,500
+2.44 pp
Gross yield
Suburb 3.36%
Suburb median $877,500 from 58 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 $567/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
Fernvale at a glance
4,102
People
$877,500
Median sale
$567/wk
Median rent
3.36%
Suburb gross yield
Median sale from 58 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by NGU Real Estate BrassallIf you are looking for either an immaculately presented family home for your family or a rock solid and super affordable low maintenance four genuine bedroom investment home, then stop searching because you have just found it!
This home is just over 10 years old and is positioned in the highly sought after Honeywood Estate and therefore surrounded by some of the best homes in the Estate. This home offers all the creature comforts you could want at a price you can actually afford.
The home itself offers four extra large built-in bedrooms and an air conditioned living area. The main bedroom is extra large and has a walk-in robe and stylish ensuite. The other three bedrooms are all good sized, have built-ins, fans and are serviced by the large stunning main bathroom with separate bath and shower.
The kitchen of the home is centrally located between the living and dining areas boasting loads of bench and cupboard space and stainless-steel appliances including a dishwasher.
Entertaining is a breeze under the alfresco pergola, and it is the ideal place to entertain or just sit and relax with family and pets. The pergola overlooks the spacious and level fully fenced block.
Extra inclusions include a double remote garage, security screens to the doors, a large water tank and all this is set on a level and manicured fully fenced 733 square meters of land.
For the investors the home is currently rented for $460.00 per week until 25th March 2024 to tenants who treat the home like their own. This means you can buy it today and not miss a single days rent, pay any let fees and also obtain great depreciation.
For those wanting to live in the home you would simply give the tenant the appropriate notice and then move in and enjoy all these benefits for yourself.
Somerset Council Rates: $927 per half year (subject to change)
Water Charges: $212 per quarter plus consumption (subject to change)
The home is serviced by the new Woolworths Shopping Complex, local schools and clubs and new sporting facilities. Fernvale itself has a great vibe with the local markets, the famous Fernvale Bakery, restaurants, pubs and water sports available just up the road.
For the commuters, Fernvale has easy highway access to both Brisbane and Toowoomba.
There is nothing else on the market that even comes close to offering the same levels of size, quality and presentation.
So if you value quality and nothing else has been good enough, then you must inspect this gorgeous family home!
Listing Agent: Steve Athanates
Don't be disappointed, call me now - I'm waiting for your call.
NGU Real Estate Ipswich - with Offices at Brassall, Ripley, Karalee, Greater Springfield & Toowoomba – We've got Ipswich covered!
Results Speak Louder Than Words
Disclaimer:
NGU Real Estate Ipswich has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.
Listing description written by Steve Athanates, NGU Real Estate Brassall — reproduced as published, not verified by Districts.
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