Svensson Heights at a glance
3,413
People
$660,000
Median sale
$521/wk
Median rent
4.10%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
QLD › Svensson Heights › Spence St
$520,000
Last sold
19 Oct 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
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
$520,000
19 Oct 2023 · derived via latest_sale
Svensson Heights at a glance
3,413
People
$660,000
Median sale
$521/wk
Median rent
4.10%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Vs Svensson Heights
-21.2%
Median sale
Suburb $660,000
+1.11 pp
Gross yield
Suburb 4.10%
Suburb median $660,000 from 43 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
Svensson Heights at a glance
3,413
People
$660,000
Median sale
$521/wk
Median rent
4.10%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker BundabergThis duplex located at 2 Spence Street, Svensson Heights QLD 4670 is an investors dream! This property presents a fantastic investment opportunity with the option to rent out both or live in one and rent out the other.
Situated in the well sought-after location, Svensson Heights is central to everything Bundaberg has to offer! With local schools, major shopping centres, sporting clubs, public transport, airport, the Bundaberg CBD – You name it, it's within arm's reach!
With its prime location and promising investment opportunity, 2 Spence Street, Svensson Heights is a unique opportunity not to be missed. Investors – This property promises great rental return and demand!
Furthermore, this wonderful duplex boasts a large double lock-up garage shed, providing space for your vehicles, tools, and equipment. This outstanding amenity offers ample amount of storage and convenience.
Unit 1
- 2 beds, both with ceiling fans and carpet
- Tiled throughout main living area
- Open plan kitchen, dining and lounge
- Tidy bathroom with combined bath and shower
- Security screens on both front and rear doors
Unit 2
- 2 beds, both with ceiling fans and carpet
- Tiled throughout main living area
- Open dining and lounge, with separate kitchen
- Tidy bathroom with an extra toilet off laundry for convenience
- Security screens on both front and rear doors
Both units share a large double bay garage for secured car accommodation.
DISTANCE TO FACILITIES:
- Bus stop 130m
- Primary school 700m
- Convenience store 850m
- Hospital 2km
- Stockland Shopping Centre 2.3km
- High school 2.9km
- Bundaberg CBD 3.2km
Block Size: 620m2
Being on the one title rates are approximately $2350 every 6 months and no body corporate fees.
The property currently has two tenants willing to continue long term.
Unit 1 - $350 Per Week – expires 06/10/2023
Unit 2 - $350 Per Week – expires 30/06/2024
Our Property Management Team at LJ Hooker Bundaberg have provided an updated rental appraisal of $700 - $750 Per Week.
Contact the Exclusive Marketing Agent Donna Theuerkauf for further details 0424 182 395
Disclaimer: LJ Hooker have been provided with the above information; however, the Office and the Agent provides no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided by the Vendor or other Persons. All interested parties are responsible for their own independent inquiries in order to determine whether or not this information is in fact accurate
Listing description written by Donna Theuerkauf, LJ Hooker Bundaberg — reproduced as published, not verified by Districts.