Kearneys Spring at a glance
10,869
People
$838,000
Median sale
$531/wk
Median rent
3.29%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
QLD › Kearneys Spring › Mcmorrow St
$840,000
Last sold
7 Mar 2024
5
Bedrooms
2
Bathrooms
0
Car spaces
624 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
$840,000
7 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Kearneys Spring (last 5 years) with land size have a median of $1,152/m² of land (n=105). Districts calculation from recorded sales — not a valuation.
Kearneys Spring at a glance
10,869
People
$838,000
Median sale
$531/wk
Median rent
3.29%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
Vs Kearneys Spring
+0.2%
Median sale
Suburb $838,000
0.00 pp
Gross yield
Suburb 3.29%
Suburb median $838,000 from 65 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 $531/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
UnknownArea
Kearneys Spring at a glance
10,869
People
$838,000
Median sale
$531/wk
Median rent
3.29%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX Success ToowoombaWelcome to 3 McMorrow Street, a stunning home with luxury and sophistication at the forefront of the design. Located only moments from an abundance of parks, shops, UniSQ, and the CBD, this is a home that offers a convenient lifestyle with a space for the entire family.
This well designed home features 5 spacious bedrooms, all with built-in robes and ducted air-conditioning. The master suite boasts a walk-in robe and ensuite, with floor-to-ceiling tiles, shower, vanity and toilet. There is an additional 6th bedroom or media room, with built-ins.
The hub of the home is the spacious open plan living and dining area. The kitchen is complete with stone benchtops, gas stove, electric wall-mounted oven, double sink and spacious pantry. For year-round entertainment, the alfresco has been enclosed and connected to the ducted air-conditioning. For additional room, the garage has been converted into a massive rumpus room. The family bathroom has also been designed with convenience in mind, hosting a shower, bath and vanity with a separate powder room. The laundry has also been finished to a high standard, with stone benchtops and an abundance of storage.
Externally, the home exudes class, with a covered outdoor patio over looking the landscaped low maintenance back yard that is homely and inviting for all situations. Additionally, there is also 2 garden sheds and a 5,000l water tank. All of this, is on a fully fenced 624m² allotment.
Features at a glance:
- 5 spacious bedrooms - each with carpet, ducted air-conditioning and built-in robes
- Additional 6th bedroom with built-in robe or media room
- Main bedroom features a walk-in-robe and ensuite with shower, vanity and toilet
- Spacious tiled open plan living space
- Stylish kitchen with stone benchtops, gas cooktop, wall-mounted oven, dishwasher and spacious pantry
- Huge additional rumpus room
- Enclosed entertainment area with ducted air-conditioning
- Stylish family bathroom with shower, bath and vanity
- Separate powder room
- Fantastic laundry with a large benchtop and abundance of cupboard space
- Low maintenance landscaped gardens and lush lawn
- Double driveway for vehicles with lighting
- Fully fenced 624m² allotment with 2 garden sheds
- A massive total of 13.2kW solar system
It must be noted, the sellers are looking to rent back from any purchaser until the end of 2024 - being a condition of sale that they would require.
Style and sophistication - don't miss out on this fantastic family home! For your convenience Team Elevate is available 7 days a week to arrange your private viewing.
General rates: currently $1,460.02 net per half year
Water rates: currently $315.29 net per half year plus consumption
Primary school state catchment: Darling Heights State School
High school state catchment: Harristown State High School
Home Built: 2019
Listing description written by Shaun Blackburn, RE/MAX Success Toowoomba — 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 (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.