Norville at a glance
2,617
People
$601,000
Median sale
$521/wk
Median rent
4.51%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
QLD › Norville › Windermere St
$240,000
Last sold
29 Nov 2021
3
Bedrooms
1
Bathrooms
2
Car spaces
983 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
$240,000
29 Nov 2021 · derived via latest_sale
Local land rate: recorded House sales in Norville (last 5 years) with land size have a median of $633/m² of land (n=120). Districts calculation from recorded sales — not a valuation.
Norville at a glance
2,617
People
$601,000
Median sale
$521/wk
Median rent
4.51%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Norville
-60.1%
Median sale
Suburb $601,000
+6.78 pp
Gross yield
Suburb 4.51%
Suburb median $601,000 from 30 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 $521/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
Norville at a glance
2,617
People
$601,000
Median sale
$521/wk
Median rent
4.51%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker BundabergAUCTION 1st September 2021 - In House at LJ Hooker Bundaberg.
We are proud to present this wonderful opportunity to acquire this high-performance investment property in popular Norville. Conveniently positioned close to primary and secondary schools, Bundaberg TAFE, sporting facilities, shopping centers and specialty stores, it's no wonder Norville is such a popular suburb.
Featuring 3 spacious bedrooms, 1 bathroom, full length north facing verandah, downstairs laundry and storage, concrete and steel stumps. Boasting all the traditional features you would expect from a Queenslander; VJ walls, timber floors, fret work and 9 foot ceilings, this home oozes character and is bursting with potential.
Currently under lease to 19th May 2022 at $290/week, this property is a high yielding investment opportunity rarely found. Bundaberg is experiencing record low vacancy rate below 0.5%, we have seen demand drive up rental returns bringing many investors to the region. This affordable, positive geared property will be a fantastic addition to your investment portfolio.
Current Rent Appraisal at $340 to $360/week
Key Property Details
Size - 983 m2
Water Source - Town Water
Waste Water - Sewer
Mains Power and NBN - Yes
Storm water - Yes
Council Rates - $1600.00 (Approx. per 6 months.)
Construction - Weatherboard and Tin Roof
Bedrooms - 3
Bathrooms - 1
Cooking - Freestanding Electric cooktop and fan forced oven
Lock up car accommodation - 2 (under house)
Under main roof outdoor living area - Yes front verandah
Ceiling fans - Yes
Contact exclusive marketing agent, Wade Stuart 0431 721 120
Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Listing description written by Wade Stuart, LJ Hooker Bundaberg — reproduced as published, not verified by Districts.