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QLD › Kepnock › Elliott Heads Rd

157 Elliott Heads Rd, Kepnock QLD 4670

For saleHouse for Sale

$1,799,000

For sale

Asking

3

Bedrooms

1

Bathrooms

2

Car spaces

9,473 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,799,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,799,000(Listing record · 23 Apr 2026)
  • FactLand 9,473 m²; no building size recorded.(Property record)
  • CalculationAsk is 158% above the Kepnock median recorded sale ($697,150, n=44, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Kepnock's advertised median rent ($550/wk), implied gross yield would be 1.59% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$1,799,000

Asking · $190/m² of land

No recorded sale for this property.

Kepnock at a glance

4,611

People

$697,150

Median sale

$550/wk

Median rent

4.10%

Suburb gross yield

Median sale from 44 recorded sales (last 12 months) — a Districts calculation.

See the full Kepnock report →

Vs Kepnock

+158.1%

Median sale

Suburb $697,150

-2.51 pp

Gross yield

Suburb 4.10%

Suburb median $697,150 from 44 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,799,000
Stamp Duty (Queensland)
$83,968
Transfer/Registration Fee
$7,791
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
$1,894,459

$95,459 on top of the price (5.3% 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 Kepnock's advertised median rent — not a rent for this listing.

Net yield
0.09%
Annual cashflow (pre-tax)
$-91,933
Interest cover (DSCR)
0.02
Annual rent
$28,600
Operating expenses
$26,985
Loan amount
$1,439,200
Annual interest
$93,548
Gross yield
1.59%

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$1,799,000available23 Apr 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 $550/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 1.6%. 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

Kepnock in one glance

Kepnock at a glance

4,611

People

$697,150

Median sale

$550/wk

Median rent

4.10%

Suburb gross yield

Median sale from 44 recorded sales (last 12 months) — a Districts calculation.

See the full Kepnock report →

Keep researching

  • Why Kepnock? Read the area thesis →
  • What else is on the market in Kepnock →
  • Other records on Elliott Heads Rd →

Listing material

Listed by Location Property Agents

Strategic Residential Development Opportunity Minutes from Bundaberg CBD!

8 APPROVED ALLOTMENTS WITH APPROVED OPERATIONAL WORKS...

Positioned on the fringe of Bundaberg, this substantial 9,473m² landholding presents a rare and compelling opportunity for developers seeking scale, approval certainty, and location advantage. Zoned Low Density Residential, the property benefits from an existing Development Approval to subdivide the site into eight residential allotments, providing an immediate pathway to delivery.

Located within one of Bundaberg’s most tightly held and consistently in-demand suburbs with Kepnock Town Centre only minutes away. The site enjoys excellent connectivity to the Bundaberg CBD, major retail precincts, schools, and lifestyle amenities. Just four minutes from the CBD, the property offers the ideal balance of accessibility and suburban appeal.

Read the full description

The current three-bedroom Queenslander residence provides the added benefit of holding income while planning or staging development, offering flexibility for astute investors and developers alike.

With the $1.2 billion Bundaberg Hospital project now underway, continued population growth, and ongoing undersupply of both owner-occupied and rental housing, opportunities of this calibre in Kepnock are becoming increasingly scarce. The property’s strategic positioning between Bundaberg and the coastal lifestyle hub of Bargara further enhances its long-term appeal and market demand.

Development Highlights

•    Council Development Approval

•    Approved reconfiguration of Lot 1 into eight (8) residential lots

•    Approval permits dual occupancy on every second allotment

•    Approval subject to conditions (Schedule 1 – available within the Information Memorandum)

•    Approved operational works (Civil, Electrical & Landscaping) available upon request

Existing Residence

•    Rented for $590p/w - lease ends 06/06/26

• Residence is fully renovated throughout

•    Newly painted, flooring, kitchen and bathroom

•    Open-plan living and dining areas

•    Functional kitchen with generous bench and storage space, including electric upright stove

•    Three bedrooms, with built-in wardrobes to the main and second bedroom

•    Central bathroom with seperate shower and bath

•    Security screens and ceiling fans throughout

•    Two additional multi-purpose spaces ideal for study zones, children’s play areas or flexible living

Land & Location

•    Expansive 9,473m² allotment - Council Rates $3,013 half year

•    Low Density Residential zoning

•    Easement access through to McCullough Street allotment

•    Approx. 7 minutes to Bundaberg CBD

•    5 minutes to Hinkler Central Shopping Centre

•    Close proximity to multiple public and private primary and secondary schools

•    10 minutes to Bundaberg Airport & 12 minutes to the Coast

Full memorandum/plans on the site can be emailed upon request.

Don’t miss this rare opportunity! Contact Daniel Anderson today for more information or to schedule your private inspection.

*Whilst every endeavour has been made to verify the correct details in this marketing neither the agent, vendor or contracted illustrator take any responsibility for any omission, wrongful inclusion, misdescription or typographical error in this marketing material. Accordingly, all interested parties should make their own enquiries to verify the information provided. The floor plan included in this marketing material is for illustration purposes only, all measurements are approximate and is intended as an artistic impression only. Any fixtures shown may not necessarily be included in the sale.

Listing description written by Daniel & Kristy-Lee Anderson, Location Property Agents — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Floorboards
  • Living Areas: 1
  • Toilets: 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.