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QLD › River Heads › Mcivor St

15 Mcivor St, River Heads QLD 4655

For saleHouse for Sale

$1,075,000

For sale

Asking

3

Bedrooms

2

Bathrooms

5

Car spaces

2,023 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,075,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,075,000(Listing record · 23 May 2026)
  • CalculationLand 2,023 m² against a 255 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 28% above the River Heads median recorded sale ($842,000, n=58, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at River Heads's advertised median rent ($603/wk), implied gross yield would be 2.92% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$1,075,000

Asking · $531/m² of land

No recorded sale for this property.

River Heads at a glance

2,324

People

$842,000

Median sale

$603/wk

Median rent

3.72%

Suburb gross yield

Median sale from 58 recorded sales (last 12 months) — a Districts calculation.

See the full River Heads report →

Vs River Heads

+27.7%

Median sale

Suburb $842,000

-0.80 pp

Gross yield

Suburb 3.72%

Suburb median $842,000 from 58 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,075,000
Stamp Duty (Queensland)
$42,338
Transfer/Registration Fee
$4,438
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,125,476

$50,476 on top of the price (4.7% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with River Heads's advertised median rent — not a rent for this listing.

Net yield
1.42%
Annual cashflow (pre-tax)
$-40,669
Interest cover (DSCR)
0.27
Annual rent
$31,356
Operating expenses
$16,125
Loan amount
$860,000
Annual interest
$55,900
Gross yield
2.92%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$1,075,000available23 May 2026

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 $603/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

Gross yield if leased at the suburb aggregate is 2.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

River Heads in one glance

River Heads at a glance

2,324

People

$842,000

Median sale

$603/wk

Median rent

3.72%

Suburb gross yield

Median sale from 58 recorded sales (last 12 months) — a Districts calculation.

See the full River Heads report →

Keep researching

  • Why River Heads? Read the area thesis →
  • What else is on the market in River Heads →
  • Other records on Mcivor St →

Listing material

Listed by Ray White Hervey Bay

Quality Home Complete with Spacious Verandah & Stunning Ocean Views

Set within an elevated coastal position, this property delivers a relaxed Fraser Coast lifestyle defined by space, privacy, and natural surroundings in a highly sought-after setting. Framed by sweeping outlooks across the coastline to the World Heritage Listed K'gari, it enjoys a consistent connection to the ocean and island outlook, with changing light conditions enhancing the natural beauty of the view throughout the day. The elevated setting enhances the sense of openness, with the surrounding landscape providing a peaceful and uninterrupted backdrop.

Despite its quiet and private feel, the property remains within easy reach of Hervey Bay. Shopping, dining, schools, medical facilities, local beaches, and boat ramps are all just a short drive away, ensuring everyday convenience and coastal recreation are close at hand.

Features include:

Read the full description

• Privately positioned in an elevated and peaceful setting, this beautifully crafted circa 2014, this residence has been thoughtfully designed to embrace breathtaking, uninterrupted panoramic views stretching across to the pristine coastline and iconic Heritage Listed K'gari

• Striking oversized statement entry door and wide welcoming entryway

• Light-filled open plan kitchen, living, and dining area enhanced by large windows and doors capturing picturesque outlooks and seamless indoor-outdoor flow

• Beautifully appointed entertainer's kitchen featuring an expansive butler's pantry, premium Smeg ovens, induction cooktop, Fisher & Paykel dishwasher, servery window, soft-close cabinetry, ample storage, and a generous breakfast bar

• Spacious master retreat complete with air conditioning, walk-in wardrobe and private ensuite

• Two additional generously sized bedrooms, all fitted with built-in wardrobes and ceiling fans, one with direct deck access

• Main bathroom with a large walk-in shower, complemented by a separate powder room

• Internal laundry with direct external access

• Expansive covered verandahs and entertaining decks providing multiple outdoor living zones perfect for hosting guests, relaxing with family, or enjoying peaceful morning coffees and afternoon breezes surrounded by nature

• Generous outdoor space offering endless potential for additional landscaping, gardens, a pool, additional shedding, or future lifestyle enhancements (STCA)

• Large shed with two 10,000L water tanks and one 20,000L water tank connected to the shed, plus town water servicing the home

• 20-panel solar power system

Located in the highly sought-after coastal community of River Heads, this property offers the perfect balance of tranquillity and convenience. Positioned just a short drive to Hervey Bay's beaches, shopping centres, schools, medical facilities, and cafes, River Heads is also the gateway to K'gari with easy access to barge services and boat ramps. Renowned for its relaxed lifestyle, natural beauty, and stunning water views, this tightly held location continues to attract buyers seeking space, privacy, and an exceptional coastal lifestyle.

For all enquiries or to arrange a private inspection, contact The Eli Winger Team.

Listing description written by Eli Winger, Ray White Hervey Bay — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
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.