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
$1,320,000
Last sold
11 Aug 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
448 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
$1,320,000
11 Aug 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
+25.7%
Median sale
Suburb $1,050,000
-0.69 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 unavailable for this jurisdiction (no_adapter:QLD)
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
QLDZoning is not available (no_adapter). 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 (no_adapter). 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
UnknownZoning is not available (no_adapter).
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 Prime Place PropertyAman Dhillon and Team Prime Place Property proudly present 20 Formosa Street, Spring Mountain—an 18-month-young, custom-designed masterpiece offering the ultimate blend of high-end comfort, functionality, and modern living in the highly sought-after Springfield Rise community.
Positioned on a generous 448sqm block, this impressive residence features 4 spacious bedrooms, 2.5 bathrooms, a dedicated media room, multiple living areas, and secure accommodation for two vehicles. Thoughtfully designed for growing families, the home delivers a practical, upscale layout with plenty of space to relax, entertain, and enjoy.
At the heart of the home is a stylish kitchen complete with a butler's pantry, overlooking the light-filled open-plan living and dining area. Seamlessly flowing to the covered alfresco, this inviting space is perfect for family gatherings and year-round entertaining.
The spacious master suite offers a private retreat with a walk-in robe and ensuite, while the additional bedrooms are well-positioned around the central family bathroom. A dedicated media room provides the ideal space for movie nights, a children's retreat, or a quiet place to unwind.
Premium Property Features:
Modern Masterpiece: 18-month-young custom build on a generous 448sqm block.
-Spacious Living: 4 spacious bedrooms and 2.5 luxurious bathrooms (including a master ensuite and convenient downstairs powder room).
-Grand Master Retreat: A private sanctuary featuring a large walk-in robe and beautifully appointed ensuite.
-Chef’s Kitchen: Modern culinary space equipped with a premium Butler’s pantry and high-end finishes.
-Designed for Entertainment: Light-filled open-plan living and dining area, plus a separate, dedicated media room perfect for movie nights.
-Al Fresco Lifestyle: Seamless transition to a covered outdoor alfresco area, ideal for year-round entertaining.
-Premium Garage: Secure 2-car garage upgraded with a sleek, durable tiled floor—perfect for extra utility or a pristine setup.
-Climate Comfort: Zoned Daikin ducted air conditioning throughout for perfect temperature control.
-Eco-Friendly & Efficient: Massive 13.5kW solar system and continuous gas hot water to drastically reduce energy bills.
Prime Location Perks:
Education & Childcare
-3-minute drive : Spring Mountain State School (Primary Catchment)
-4-minute drive: Springfield Central State High School (Secondary Catchment)
-5-minute drive: St Peters Lutheran College, Good Shepherd Catholic Primary, The Springfield Anglican College and St Augustine's College
-5-minute drive: University of Southern Queensland (UniSQ) and TAFE Queensland (Springfield Campuses)
Lifestyle & Recreation
-5-minute drive: Orion Shopping Centre, Orion Lagoon, and Robelle Domain Parklands
-5-minute drive: Springfield Central Sports Complex
-8-minute drive: Brookwater Golf and Country Club
-10-minute drive: Brighton Homes Arena (Home of the Brisbane Lions)
-Walking distance: Numerous local parks, hiking trails (Spring Mountain Conservation Reserve), and neighborhood cafés
Health & Connectivity
-4-minute drive: Springfield Central Train Station (approx. 40-minute direct line to Brisbane CBD)
-5-minute drive: Mater Private Hospital and the new Mater Public Hospital.
-20-minute drive: Ipswich CBD
-35-minute drive: Brisbane CBD
Contact Aman Dhillon on 0401 757 866 today to arrange your private viewing of this exceptional family home.
DISCLAIMER
Prime Place Property has taken all reasonable steps to ensure that the information in this advertisement is accurate. However, no responsibility is accepted for any errors, omissions, inaccuracies or misstatements. Prospective purchasers should conduct their own investigations to verify all information.
Listing description written by Aman Dhillon, Prime Place Property — 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 (no_adapter). 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
UnknownNo DA adapter returned applications 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.