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QLD › Gympie › Spicer St

23 Spicer St, Gympie QLD 4570

For saleHouse for Sale

$1,299,000

For sale

Asking

4

Bedrooms

3

Bathrooms

2

Car spaces

1,657 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,299,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,299,000(Listing record · 16 June 2026)
  • FactLand 1,657 m²; no building size recorded.(Property record)
  • CalculationAsk is 86% above the Gympie median recorded sale ($700,000, n=138, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Gympie's advertised median rent ($530/wk), implied gross yield would be 2.12% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,299,000

Asking · $784/m² of land

No recorded sale for this property.

Gympie at a glance

11,946

People

$700,000

Median sale

$530/wk

Median rent

3.94%

Suburb gross yield

Median sale from 138 recorded sales (last 12 months) — a Districts calculation.

See the full Gympie report →

Vs Gympie

+85.6%

Median sale

Suburb $700,000

-1.82 pp

Gross yield

Suburb 3.94%

Suburb median $700,000 from 138 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,299,000
Stamp Duty (Queensland)
$55,218
Transfer/Registration Fee
$5,463
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,363,381

$64,381 on top of the price (5.0% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Gympie's advertised median rent — not a rent for this listing.

Net yield
0.62%
Annual cashflow (pre-tax)
$-59,473
Interest cover (DSCR)
0.12
Annual rent
$27,560
Operating expenses
$19,485
Loan amount
$1,039,200
Annual interest
$67,548
Gross yield
2.12%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$1,299,000available16 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $530/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.1%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Gympie in one glance

Gympie at a glance

11,946

People

$700,000

Median sale

$530/wk

Median rent

3.94%

Suburb gross yield

Median sale from 138 recorded sales (last 12 months) — a Districts calculation.

See the full Gympie report →

Keep researching

  • Why Gympie? Read the area thesis →
  • What else is on the market in Gympie →
  • Other records on Spicer St →

Listing material

Listed by Merton Property Co

Classic Character, Modern Luxury, Exceptional Position

Perched high above town and capturing sweeping views across Gympie and out to the rolling hills beyond, Famenoth is one of those rare homes that effortlessly blends timeless Queenslander charm with thoughtful modern updates - all just a short stroll from the heart of Gympie.

Positioned on a generous 1,657m² corner allotment, 23 Spicer Street delivers an exceptional lifestyle opportunity with a beautifully maintained residence, expansive living spaces and the flexibility of a fully self-contained flat below.

Upstairs, the main residence showcases all the warmth and character you would hope for in a classic Queenslander, featuring polished timber floors, high ceilings, generous proportions and enclosed wraparound verandahs designed to embrace cooling summer breezes and ever-changing views across town.

Read the full description

The newly renovated kitchen forms the heart of the home - beautifully appointed with stone benchtops, floor-to-ceiling cabinetry, an integrated rangehood, walk-in pantry, oversized 900mm oven, dishwasher, dedicated coffee station and ample fridge space.

Multiple living zones create room for both connection and retreat, with a separate dining room, spacious lounge and extensive enclosed verandah spaces providing endless options for entertaining, relaxing or working from home.

Accommodation upstairs includes three oversized bedrooms, all designed with comfort in mind and enhanced by floor-to-ceiling robes, dual-side light switching and additional insulation and soundproofing between rooms. The bathrooms have also been thoughtfully updated, including a stunning renovated main bathroom featuring a spacious walk-in shower and integrated music-enabled mirror, while the second bathroom offers a clawfoot bath and spectacular nighttime views toward Gympie’s iconic clocktower.

Downstairs provides excellent versatility with a fully self-contained flat complete with its own bathroom, kitchenette and combined living/bedroom space - ideal for extended family, guests, dual living arrangements, Airbnb potential or additional income opportunities.

Beyond its appeal as a private residence, Famenoth has also proven itself as a successful accommodation destination, having operated as a popular Airbnb for the past four years. Its combination of character, space, elevated views and walk-to-town convenience has made it a sought-after choice for visitors, offering future owners the flexibility to continue generating income or simply enjoy the home as their own private retreat.

Outside, the property continues to impress with beautifully established grounds including stunning Jacaranda and Poinsettia trees, retaining walls, and new fencing.

Multiple verandahs extend seamlessly outdoors creating ideal spaces for BBQs, gatherings and enjoying the elevated outlook. A two-bay shed provides secure vehicle accommodation alongside additional off-street parking.

Modern improvements ensure comfort and efficiency year-round, including ducted air conditioning throughout, ceiling insulation, a new roof, updated internal and external paintwork, solar power, solar hot water and comprehensive exterior security camera coverage.

From fireworks displays on New Year’s Eve and Gympie Show weekend to panoramic flood views and an unbeatable walk-to-town position - Famenoth is a home that offers something truly special.

The property's unique charm and broad appeal have even seen it featured on House Hunters International, highlighting this remarkable home to audiences around the world.

This is elevated Queensland living with character, flexibility and convenience all wrapped into one unforgettable address.

*Disclaimer: All information provided is deemed reliable but not guaranteed. Buyers are advised to conduct their own due diligence.

Listing description written by Amy Brown, Merton Property Co — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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