Norman Gardens at a glance
11,120
People
$755,000
Median sale
$553/wk
Median rent
3.81%
Suburb gross yield
Median sale from 112 recorded sales (last 12 months) — a Districts calculation.
QLD › Norman Gardens › Varsity Cres
4
Bedrooms
2
Bathrooms
2
Car spaces
465 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Norman Gardens (last 5 years) with land size have a median of $1,004/m² of land (n=131). Districts calculation from recorded sales — not a valuation.
Norman Gardens at a glance
11,120
People
$755,000
Median sale
$553/wk
Median rent
3.81%
Suburb gross yield
Median sale from 112 recorded sales (last 12 months) — a Districts calculation.
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 $553/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
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 (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.
Area
Norman Gardens at a glance
11,120
People
$755,000
Median sale
$553/wk
Median rent
3.81%
Suburb gross yield
Median sale from 112 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Mr Real Estate RockhamptonThis quality built lowset brick home provides opportunity to buyers who are looking for a low maintenance family home or to investors looking to broaden their portfolio.
The property's kitchen overlooks the dining, lounge and outdoor covered patio which connects to a generous yard; perfect for entertaining. The fenced perimeter of the yard provides security and seclusion from neighbouring properties, favourable for children and pets. The property includes ample storage options throughout including a two-car lock-up garage and master bedroom with built-in robe, split system air-conditioning and ensuite. All bedrooms include a ceiling fan, and the dining room has a split system air-conditioner which cools or warms the dining room, living room and kitchen. The kitchen is complete with a four burner electric stove, oven and a double sink integrated into a kitchen island.
This home includes:
- Screened windows and doors
- Air-conditioning unit for living, dining, kitchen and master bedroom
- Large fully fenced back and side yard
- Good sized garage and laundry
- Separate toilet
- Carpeted rooms
- Built in wardrobes
- Ceiling fans in every room
- Tiled kitchen with breakfast bar and double sink
- Outdoor covered patio
- Quiet and secluded street with minimal traffic and noise
- Close to shops, schools and a main arterial road to take you to the beautiful Capricorn Coast.
The property is six years old and incredibly well maintained. It is situated on a 465m2 block in a quiet street in the ever-popular Norman Gardens, Varsity Park estate.
Perfect if you do not want to wait to build.
Currently tenanted on a fixed lease agreement until the 29th of October 2021 at $370 per week. Increasing to $450 per week at end of current lease.
This will not last! - Please contact your friendly agent Jacob O'Brien for all further enquiries & to arrange your inspection.
Listing description written by Jacob O'Brien, Mr Real Estate Rockhampton — reproduced as published, not verified by Districts.