Point Vernon at a glance
5,987
People
$820,000
Median sale
$587/wk
Median rent
3.72%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
QLD › Point Vernon › Spence St
$1,450,000
Last sold
7 Mar 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
1,129 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
$1,450,000
7 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in Point Vernon (last 5 years) with land size have a median of $1,067/m² of land (n=112). Districts calculation from recorded sales — not a valuation.
Point Vernon at a glance
5,987
People
$820,000
Median sale
$587/wk
Median rent
3.72%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
Vs Point Vernon
+76.8%
Median sale
Suburb $820,000
-1.61 pp
Gross yield
Suburb 3.72%
Suburb median $820,000 from 86 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 $587/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
Point Vernon at a glance
5,987
People
$820,000
Median sale
$587/wk
Median rent
3.72%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Prime Agents Hervey BayWelcome to 'Burnley', an absolutely stunning Queenslander residence - 16 Spence Street Point Vernon.
This remarkable property, rich in history and brimming with charm, stands as one of Hervey Bay's oldest and most captivating homes to grace the market.
Nestled in the sought-after area of Point Vernon, Burnley is positioned mere metres from the foreshore on a prime 1,129m² elevated allotment. Surrounded by beautifully maintained gardens and mature trees, the property enjoys a serene reserve directly across the road, enhancing its tranquil appeal.
Originally built in the 1870s, and later moved to its current position, this Queenslander has been thoughtfully restored to preserve its timeless beauty while incorporating modern updates. The home boasts gleaming Tasmanian blackwood timber floors, intricate stained glass windows, original French doors, and soaring high ceilings. The dining and living areas are separated by stunning 9 foot timber bi fold doors, creating a versatile space perfect for entertaining. or relaxing.
Burnley features four generously proportioned bedrooms, three of which open onto the expansive outdoor verandah and showcase soaring high ceilings. The master bedroom is situated upstairs, offering enhanced privacy, air conditioning, a stylish ensuite, and a built-in robe.
The home's main entrance makes a striking impression, with its unique front door surrounded by dazzling lead-light windows. Magnificent 12 foot ceilings throughout create a sense of openness, while abundant natural light flows through French doors that lead to the sprawling front and back verandahs. The home is designed to capture refreshing sea breezes, making it the perfect coastal retreat.
Other standout features include:
-A modern Hamptons-style kitchen with a freestanding gas cooktop, electric oven, large island bench, and built-in hutch.
-An air-conditioned living and dining room adorned with stained glass windows, 9 foot bi-fold doors, plantation shutters, and a gas fireplace.
-Three guest bedrooms, each with ceiling fans and French doors opening onto the verandahs.
-A hallway accentuated by a stunning stained-glass feature window.
-Main bathroom featuring a freestanding clawfoot bath and a separate toilet.
-Functional laundry with ample storage options.
-Sparkling inground magnesium pool complete with a gazebo.
-Under-house storage and two covered car spaces.
'Burnley' 16 Spence Street Point Vernon perfectly combines historic charm with modern comfort, all within a picturesque coastal setting. Located in one of Hervey Bay's most idyllic and pristine areas, you can enjoy watching local wildlife in the nearby reserve or take in breathtaking sunsets at Gatakers Bay, just a short stroll away. With a boat ramp and playground only minutes from your doorstep, this property offers the ultimate lifestyle in a truly serene setting.
This is more than just a house—this spectacular property is a true home, ready for its next owner to embrace its timeless elegance, undeniable charm, and the opportunity to own one of Hervey Bay's finest pieces of history.
Listing description written by Stacey Pyne, Prime Agents Hervey Bay — reproduced as published, not verified by Districts.