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 › Stedman St
$1,350,000
For sale
Asking
8
Bedrooms
4
Bathrooms
4
Car spaces
804 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
Asking
$1,350,000
Asking · $1,679/m² of land
No recorded sale for this property.
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
+124.6%
Median sale
Suburb $601,000
-2.50 pp
Gross yield
Suburb 4.51%
Suburb median $601,000 from 30 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$67,546 on top of the price (5.0% extra)
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.
Pre-filled with Norville's advertised median rent — not a rent for this listing.
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.
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.
Gross yield if leased at the suburb aggregate is 2.0%. 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
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 Ray White Bundaberg CityAn outstanding opportunity to secure an entire block of four units in one of Norville's most convenient locations.
Fully tenanted with quality long-term tenants on fixed-term leases, this is a genuine set-and-forget investment offering immediate cash flow, strong rental security and excellent long-term potential.
Currently returning approximately $92,560 per annum in gross rental income once the scheduled rent increases take effect, the property offers an attractive gross yield of approximately 6.5% - 7.1% (subject to purchase price). With rental increases already locked in and a history of excellent tenant retention, this is a rare opportunity to acquire a high-performing residential investment in a tightly held market.
Property Features:
• Fully tenanted complex of four units
• Long-term tenants with fixed-term leases in place
• Well-maintained, low-maintenance complex
• Highly sought-after Norville location close to schools, shopping, hospital and CBD
In Each Unit:
• 2 bedrooms + 1 bathroom
• Open-plan living and dining area
• Functional kitchen with excellent storage
• Ceiling fans throughout
• Bathroom with shower, vanity and toilet
• Separate laundry with rear access
• Individual carports plus additional street parking
UNIT A
Current Lease End: February 2027
Current rent: $420 per week (increases to $460 per week in August 2026)
UNIT B
Current Lease End: March 2027
Rent: $440 per week
UNIT C
Current Lease End: April 2027
Rent: $440 per week
UNIT D
Current Lease End: July 2027
Current rent: $400 per week (increases to $440 per week in July 2026)
Distance to Facilities (Approx.)
• Across The Waves Sports Club - 440m
• Norville Park Pool - 700m
• Shalom Catholic College - 1.2km
• Bundaberg Airport - 2.8km
• Hinkler Central Shopping Centre - 3.0km
• Additional Shopping Facilities - 3.5km
• Bundaberg Base Hospital - 3.6km
• Bundaberg CBD - 3.7km
• Bargara Beach - 16km
The complex is well maintained, with tenants who take pride in their homes, helping to minimise ongoing management requirements.
Perfectly positioned close to schools, shopping centres, sporting facilities, Bundaberg Airport, the Bundaberg Base Hospital and the CBD, the location continues to attract strong tenant demand and provides investors with confidence for the future.
Don't miss this exceptional opportunity - contact Exclusive Listing Agent Chaise Hartnett on 0401 152 834 for more information or to arrange a private inspection today!
*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. Any fixtures shown may not necessarily be included in the sale contract and it is essential that any queries are directed to the agent. Any information that is intended to be relied upon should be independently verified.*
Listing description written by Chaise Hartnett, Ray White Bundaberg City — reproduced as published, not verified by Districts.