Springfield Lakes at a glance
18,857
People
$982,500
Median sale
$696/wk
Median rent
3.68%
Suburb gross yield
Median sale from 136 recorded sales (last 12 months) — a Districts calculation.
QLD › Springfield Lakes › Neptune St
$880,000
Last sold
3 July 2025
5
Bedrooms
2
Bathrooms
2
Car spaces
480 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
$880,000
3 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Springfield Lakes (last 5 years) with land size have a median of $2,339/m² of land (n=162). Districts calculation from recorded sales — not a valuation.
Springfield Lakes at a glance
18,857
People
$982,500
Median sale
$696/wk
Median rent
3.68%
Suburb gross yield
Median sale from 136 recorded sales (last 12 months) — a Districts calculation.
Vs Springfield Lakes
-10.4%
Median sale
Suburb $982,500
+0.43 pp
Gross yield
Suburb 3.68%
Suburb median $982,500 from 136 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 $696/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
Springfield Lakes at a glance
18,857
People
$982,500
Median sale
$696/wk
Median rent
3.68%
Suburb gross yield
Median sale from 136 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Buy My PlacePhone Enquiry ID: 231728
MULTIPLE OFFERS RECEIVED. PLEASE SUBMIT ALL OFFERS ASAP.
One of two, 5 bedroom houses on the market in the area. Walking distance to schools.
Welcome to this expansive and versatile five-bedroom home, perfect for growing families or those who love to entertain. Set on a low-maintenance block, the property features a grassy backyard ideal for children to play—plenty of space for swings, a trampoline, or simply relaxing in the sun.
Step inside to discover a generous open-plan family room that flows seamlessly to the outdoors through full-width bifold doors. A built-in retractable screen adds comfort and versatility, making indoor-outdoor living effortless year-round.
The large covered deck—positioned under the home’s main roof—offers the perfect setting for entertaining. With an insulated ceiling, ceiling fans, downlights, and ample space for a 12-seater dining table and outdoor lounge, it’s ideal for weekend BBQs or evening gatherings.
All bedrooms are well-proportioned and thoughtfully designed. Three spacious king/queen-sized rooms include walk-in robes and air conditioning, while two additional double-sized bedrooms feature built-in robes. Every room is fitted with ceiling fans, and elegant white plantation shutters add both charm and extra security.
The original double garage has been professionally converted into two oversized king bedrooms, each with built-in robes, air conditioning, stylish plantation shutters, and quality floorboards. A full engineer’s report confirms the high standard of this conversion. While this means there is currently no garage, council approval can be granted for the addition of a double carport (approx $7k).
The bathrooms are original and ready for a personal touch—offering the perfect opportunity to renovate and add further value.
A separate, fully fenced side yard provides a safe space for pets, keeping them secure and apart from the main garden. There are also two sheds and solar panels, helping keep the cost of living down.
This home could do with some updates but it does combines size, comfort, and lifestyle potential—ready to grow with you and your family.
This property is currently tenanted so inspections must be at the times indicated or by prior arrangement. Flexible with settlement dates.
Listing description written by buyMyplace, Buy My Place — reproduced as published, not verified by Districts.