Svensson Heights at a glance
3,413
People
$660,000
Median sale
$521/wk
Median rent
4.10%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
QLD › Svensson Heights › Spence St
$339,000
Last sold
23 Sept 2022
2
Bedrooms
1
Bathrooms
2
Car spaces
630 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
$339,000
23 Sept 2022 · derived via latest_sale
Local land rate: recorded House sales in Svensson Heights (last 5 years) with land size have a median of $635/m² of land (n=123). Districts calculation from recorded sales — not a valuation.
Svensson Heights at a glance
3,413
People
$660,000
Median sale
$521/wk
Median rent
4.10%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Vs Svensson Heights
-48.6%
Median sale
Suburb $660,000
+3.89 pp
Gross yield
Suburb 4.10%
Suburb median $660,000 from 43 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 $521/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
Svensson Heights at a glance
3,413
People
$660,000
Median sale
$521/wk
Median rent
4.10%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RealWay Property Consultants BundabergThey Don't Come Any Neater - Or Any Sweeter!
This charming package is situated on a corner block in one of Bundaberg's finest established and flood free suburbs - Svensson Heights. Only a short drive in either direction to the CBD or large shopping centres along with the airport and university, this home will accommodate the first home buyer, downsizer or investor in ideal fashion with returns expected to exceed $365pw!
The home itself is super comfortable with an open plan sunroom / lounge all air conditioned with polished floors throughout. There is a separate dining with kitchen to rear and office to one side. The renovated bathroom separates the two generous built-in bedrooms with the master also air conditioned. It's only three steps up but the owner's have used foresight and completed a ramp to rear making it an ideal purchase even for the elderly who struggle with steps.
Externally the yard is fully fenced with six foot timber to ensure privacy and security. There is a breezeway separating the house from the single shed and doubling as a perfect spot for a cup of tea in the morning or a beer after a long week. There is also unlimited side access via a second driveway to another single shed which is oversize with power and plenty of work benches. Add into all this updated oven / stove, hot water service, fresh paint on the internal walls, concrete stumps and a quality tin roof and there really isn't anything to do except move on in.
Currently owner occupied allowing some serious flexibility with the Vendors requiring this sale to complete their big plans! Do not delay by calling Bundaberg's favourite Real Estate Team - Brent Illingworth & Ethan McGowan - to book a private inspection or attend one of the Open Homes.
***The information provided is to be used as an estimate only. All potential purchasers should make their own enquiries to satisfy themselves as to any due diligence required.***
Listing description written by Brent Illingworth, RealWay Property Consultants Bundaberg — reproduced as published, not verified by Districts.