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QLD › Worongary › The Spur

13 The Spur, Worongary QLD 4213

House

$1,535,000

Last sold

4 Sept 2023

5

Bedrooms

3

Bathrooms

6

Car spaces

8,918 m²

Land

431 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,535,000 (4 Sept 2023).(Recorded sale)
  • CalculationLand 8,918 m² against a 431 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Worongary (last 5 years) with land size: median $967/m² of land (n=105). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,535,000

4 Sept 2023 · derived via latest_sale

Local land rate: recorded House sales in Worongary (last 5 years) with land size have a median of $967/m² of land (n=105). Districts calculation from recorded sales — not a valuation.

Worongary at a glance

6,654

People

$1,430,000

Median sale

$864/wk

Median rent

3.14%

Suburb gross yield

Median sale from 40 recorded sales (last 12 months) — a Districts calculation.

See the full Worongary report →

Vs Worongary

+7.3%

Median sale

Suburb $1,430,000

-0.21 pp

Gross yield

Suburb 3.14%

Suburb median $1,430,000 from 40 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$1,535,0004 Sept 2023
  2. Listedprice unknowncompleted17 July 2023
  3. Listedprice unknowncompleted17 July 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $864/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Worongary in one glance

Worongary at a glance

6,654

People

$1,430,000

Median sale

$864/wk

Median rent

3.14%

Suburb gross yield

Median sale from 40 recorded sales (last 12 months) — a Districts calculation.

See the full Worongary report →

Keep researching

  • Why Worongary? Read the area thesis →
  • What else is on the market in Worongary →
  • Other records on The Spur →

Listing material

Listed by Ray White TMG

Luxurious Acreage Retreat in A Prime Location Featuring Guest House, Four Bay Work Shed and Solar Heated Pool

The Micallef team are proud to present to market this stunning property nestled within a prime location. This exceptional acreage retreat offers the perfect blend of luxury, tranquility, and abundant amenities. Featuring 5 bedrooms including a guest house, heated pool, four bay work shed, carport and usable land, this property is a true oasis for those seeking a peaceful countryside lifestyle.

This home offers countless features including:

* 5 bedrooms plus 3 bathrooms (including guest house)

Read the full description

* Master bedroom with walk in robe and ensuite

* Three living areas - casual, media room and formal

* Designer kitchen with European appliances

* Reverse cycle air conditioning

* Undercover hardwood entertaining deck spanning 7.6m x 7m

* In-ground, solar heated salt water pool complimented with a travertine sundeck

* Four bay work shed with automatic doors and additional two bay carport

* Rear of the property is fully fenced providing a secure environment for children and pets to roam freely

* 11kw solar panels

* Security cameras

* Council rates: $2,636.44 p.a. approx.

* Water rates: $964.47 per annum (approx. - excluding usage)

* Rental appraisal: $1,550 to $1,600 per week approx.

Spanning over 8,919m2 of usable land, this retreat is suitable for horses, allowing equestrian enthusiasts to indulge in their passion. The property also boasts a summer creek, adding to the picturesque natural beauty. At the rear of the property is a nature reserve allowing you to enjoy the serenity whether it be relaxing by the pool or enjoying the natural surrounds.

Nestled in a quiet cul-de-sac with no through traffic, this retreat offers a peaceful and private setting located just a short drive from major shopping centres such as Robina Town Centre and Pacific Fair Shopping Centre. Some of the best school's such as St Michaels College, Somerset College and All Saints Anglican School are close by and this location is in the catchment areas of Worongary State School and Nerang State High School.

Embrace the tranquility and enjoy the serene lifestyle this prime location has to offer and submit an enquiry now to receive a copy of the Diligence Pack or contact The Micallef Team on 0410 503 518 for more information.

Disclaimer: In preparing this information we have used our best endeavors to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Any photographs show only certain parts of the property as it appeared at the time they were taken. Areas, amounts, measurements, distances and all other numerical information is approximate only. Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.

Listing description written by Matt Micallef, Ray White TMG — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Deck
  • Dishwasher
  • Outdoor Entertaining
  • In-Ground Pool
  • Shed
  • Solar Panels
  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.