Point Vernon at a glance
5,987
People
$820,000
Median sale
$587/wk
Median rent
3.72%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
QLD › Point Vernon › Warrego Dr
$670,000
Last sold
20 May 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
859 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
$670,000
20 May 2025 · derived via latest_sale
Local land rate: recorded House sales in Point Vernon (last 5 years) with land size have a median of $1,069/m² of land (n=112). Districts calculation from recorded sales — not a valuation.
Point Vernon at a glance
5,987
People
$820,000
Median sale
$587/wk
Median rent
3.72%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
Vs Point Vernon
-18.3%
Median sale
Suburb $820,000
+0.84 pp
Gross yield
Suburb 3.72%
Suburb median $820,000 from 86 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 $587/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
Point Vernon at a glance
5,987
People
$820,000
Median sale
$587/wk
Median rent
3.72%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Mitchell's RealtyDon't miss this opportunity to secure your piece of paradise in one of Hervey Bay's most popular bayside suburbs of Point Vernon. This well-maintained sound brick home was completed in 1993 and is thoughtfully positioned on an 859m² corner allotment in a great location, within walking distance to the Esplanade.
Enter and be welcomed by the light-filled design with an intuitive and creative floor plan, offering an abundance of space for everyone. This is where you will enjoy the lifestyle that comes with being able to make the short drive to beautiful Gatakers Bay and the boat ramp, launch your boat and go fishing within minutes!
24 Warrego Drive, Point Vernon, features: -
• NOTE - This property fortunately WAS NOT affected by the recent flood/storm event
• A spacious 859m2 corner allotment in a quiet street
• A well-maintained, sound brick home built in 1993
• Three spacious bedrooms with ceiling fans and built-in wardrobes
• The bathroom includes a shower over the bath, a vanity, and a separate toilet
• The kitchen features ample bench and storage space and a pantry
• Appliances include an electric stove with a rangehood
• A vast open-plan living and dining area with reverse cycle split system air-conditioning
• The laundry offers direct outdoor access to the clothesline
• A single garage with storage space and direct internal access to the home
• Two expansive verandas running the length of the home at the front and rear
• Clear side access to a 3x3m garden shed and ample space for a boat or caravan
• Plenty of space to add a pool or shed
• Fully enclosed backyard to keep pets secure
• Fully landscaped yard and gardens
• 400m walk to Brew & View cafe and The Esplanade
• Rent appraisal $540 - $560 per week
Investing in property is always about location, and this home is conveniently positioned within walking distance to the esplanade and is only a short drive away from Hervey Bay's thriving CBD and essential amenities, including shopping centres, schools, hospitals, a golf course and the emerald waters of Beautiful Hervey Bay.
Homes at this price point are always in high demand, so don’t miss this opportunity!
Contact our team now to arrange your private inspection or video call walkthrough - you will only be disappointed if you miss this one ….
NOTE: Property boundary lines are shown as approximate/indicative only in associated images – please refer to survey plans for full details.
DISCLAIMER: Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our vendors, and as such, Mitchells Realty makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps, and images are representative only for marketing purposes.
Listing description written by Scott & Katrina Mitchell, Mitchell's Realty — reproduced as published, not verified by Districts.