Norville at a glance
2,617
People
$601,000
Median sale
$521/wk
Median rent
4.51%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
QLD › Norville › Maynard St
$383,000
Last sold
2 May 2023
4
Bedrooms
2
Bathrooms
4
Car spaces
982 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
$383,000
2 May 2023 · derived via latest_sale
Local land rate: recorded House sales in Norville (last 5 years) with land size have a median of $633/m² of land (n=120). Districts calculation from recorded sales — not a valuation.
Norville at a glance
2,617
People
$601,000
Median sale
$521/wk
Median rent
4.51%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Norville
-36.3%
Median sale
Suburb $601,000
+2.56 pp
Gross yield
Suburb 4.51%
Suburb median $601,000 from 30 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 $521/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
Norville at a glance
2,617
People
$601,000
Median sale
$521/wk
Median rent
4.51%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RealWay Property Consultants BundabergTwo For One! Don't Miss This Potential Dual Occupancy Property - A Money Maker!
The mind boggles with all of the possibilities on offer here as you can set yourself up for your personal or investment future! Quite literally, the original home has had a secondary dwelling connected to rear which was all Council Approved to host a home daycare but now sits as a pure money maker with the ability to dual rent with only a kitchenette required or simply enjoy the ability to have a larger family under one roof.
From the road, it's quite private with a handy circular driveway allowing access in and out with ease. You'll note the near-new Colorbond roof and the concrete stumps plus a large shed down the shed with room for at least two cars / workshop. Once inside, the character is clear and with a lick of paint and some finish-offs what a property you'll have! High ceilings, some leadlight windows, tongue and groove walls and warm pine floors all add to the charm of this wonderful lowset cottage.
A large sunroom is present to front, then the original home kicks off with an air conditioned living area wrapping around to the dining / kitchen. There's a huge pantry at one end of the kitchen past the electric stove and dishwasher whilst the master bedroom and ensuite with shower / toilet is also located toward the front of the home giving separation between the two families, tenants or the parents and kids residing here.
From the kitchen you'll move through to the laundry which is the connective piece from the original home to the new home / extension. Firstly, a large air-conditioned central living area welcomes you and off of this are three more bedrooms (two more air conditioned), a huge walk-in cupboard also working as an office nook and of course a bathroom to service this part of the home separately - with shower over bath and vanity.
Externally, the property is fully security screened and fenced with the ability to separate into two yards helping further differentiate the front dwelling and rear dwelling on 982sqm of high, dry and convenient Real Estate. The potential is obvious, now all you have to do is get in touch with Bundaberg's favourite Real Estate Team - Brent Illingworth & Ethan McGowan!
RENTAL APPRAISAL - $520+ per week. Ask Brent or Ethan how to go about getting placed in touch a member of the RealWay Property Management Team who are more than happy to discuss the rental options with you one-on-one in a personalised fashion.
***The information provided is to be used as an estimate only. All potential purchasers should make their own enquiries to satisfy themselves as to any due diligence required.***
Listing description written by Brent Illingworth, RealWay Property Consultants Bundaberg — reproduced as published, not verified by Districts.