Spring Mountain at a glance
10,004
People
$1,050,000
Median sale
$676/wk
Median rent
3.35%
Suburb gross yield
Median sale from 119 recorded sales (last 12 months) — a Districts calculation.
QLD › Spring Mountain › Formosa St
$1,555,000
Last sold
7 Apr 2026
5
Bedrooms
3
Bathrooms
2
Car spaces
432 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
$1,555,000
7 Apr 2026 · derived via latest_sale
Local land rate: recorded House sales in Spring Mountain (last 5 years) with land size have a median of $2,701/m² of land (n=178). Districts calculation from recorded sales — not a valuation.
Spring Mountain at a glance
10,004
People
$1,050,000
Median sale
$676/wk
Median rent
3.35%
Suburb gross yield
Median sale from 119 recorded sales (last 12 months) — a Districts calculation.
Vs Spring Mountain
+48.1%
Median sale
Suburb $1,050,000
-1.09 pp
Gross yield
Suburb 3.35%
Suburb median $1,050,000 from 119 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 $676/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
UnknownArea
Spring Mountain at a glance
10,004
People
$1,050,000
Median sale
$676/wk
Median rent
3.35%
Suburb gross yield
Median sale from 119 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RealWay EdgeWelcome to this meticulously crafted two-storey residence where elegance, space, and functionality come together to create a truly impressive family home. Offering five generously proportioned bedrooms and three stylishly appointed bathrooms, the home has been thoughtfully designed to provide a modern layout that supports both relaxed everyday living and effortless entertaining.
Inside, you will discover expansive light-filled living spaces spread across two levels, creating multiple zones for the family to enjoy. The chef's kitchen sits at the heart of the home and is beautifully finished with a premium gas cooktop, sleek cabinetry, and modern finishes, making it the perfect space for cooking and gathering. Large windows capture natural light throughout the home while also taking advantage of the scenic mountain views, creating a bright and welcoming atmosphere.
Positioned in a prestigious and peaceful pocket of Spring Mountain, this home offers the perfect balance of lifestyle and convenience. Surrounded by modern homes and close to newly built display homes, the property is just minutes from schools, shopping, healthcare, and transport, making it ideal for growing families seeking comfort, space, and accessibility.
Property Features:
• Five spacious bedrooms including a well-appointed master retreat featuring a walk-in robe and a private ensuite designed for comfort and privacy
• Three stylish bathrooms thoughtfully designed with modern finishes to accommodate both family living and guests
• Expansive open-plan living and dining areas across two levels that create multiple zones for relaxation, entertaining, and everyday family life
• Contemporary chef's kitchen complete with premium gas cooktop, sleek cabinetry, generous bench space, and modern finishes ideal for home cooks and entertainers alike
• Ducted air conditioning throughout the home complemented by ceiling fans to ensure year-round comfort in every room
• Secure double garage providing safe parking along with additional storage space for convenience
• Fully fenced and landscaped yard creating a private outdoor environment perfect for families, children, and pets
• Elevated position capturing beautiful mountain views while being located within a peaceful and prestigious neighborhood
Location Features:
• Walking distance to Spring Mountain State School
• Walking distance to Harmony Early Education Childcare Centre
• Walking distance to local parks and playgrounds
• 6 minutes to Orion Springfield Central Shopping Centre & Lagoon
• 8 minutes to Mater Private Hospital Springfield
• 8 minutes to University of Southern Queensland Springfield Campus
• 7 minutes to Springfield Central Train Station
Distances are approximate.
Don't miss your chance to own this incredible property - enquire today! Please register your interest with Vani Kumbala on 0460 612 555 or Amar Billabati on 0460 111 555.
Talk to us about our mortgage & finance service. Take advantage of our complimentary in-house finance check for all buyers considering a purchase.
Disclaimer: Information provided by RealWay Edge, its employees and related parties is a general outline for the guidance of intending purchasers or tenants and does not constitute in whole or in part an offer or a Contract. While every effort has been made to ensure accuracy, interested parties should conduct their own enquiries and rely on their own investigations.
Listing description written by Vani Kumbala, RealWay Edge — reproduced as published, not verified by Districts.
Nearby 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.