Nikenbah at a glance
2,893
People
$1,079,500
Median sale
$536/wk
Median rent
2.58%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
QLD › Nikenbah › Mataranka Circuit
$272,000
For sale
$272,000
Last sold
20 Feb 2024
0
Bedrooms
0
Bathrooms
2
Car spaces
734 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
Asking
$272,000
20 Feb 2024 · derived via latest_sale
Local land rate: recorded Land sales in Nikenbah (last 5 years) with land size have a median of $322/m² of land (n=23). Districts calculation from recorded sales — not a valuation.
Nikenbah at a glance
2,893
People
$1,079,500
Median sale
$536/wk
Median rent
2.58%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
Vs Nikenbah
-74.8%
Median sale
Suburb $1,079,500
+7.67 pp
Gross yield
Suburb 2.58%
Suburb median $1,079,500 from 32 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$12,359 on top of the price (4.5% extra)
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.
Pre-filled with Nikenbah's advertised median rent — not a rent for this listing.
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.
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 $536/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
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
Nikenbah at a glance
2,893
People
$1,079,500
Median sale
$536/wk
Median rent
2.58%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Invest Property SolutionsWhy wait to build when you can move straight into this stunning home
Completed in 2024 and positioned on a generous 730sqm allotment in the highly sought-after Springs West Estate, this beautifully designed residence offers the perfect combination of modern style, comfort, and convenience.
Boasting approximately 240sqm under roof, this quality family home has been thoughtfully designed to cater to modern living with spacious interiors, multiple living zones, and a practical layout that will appeal to families, retirees, and investors alike.
The heart of the home features a spacious open-plan kitchen, living, and dining area, creating the perfect space for entertaining family and friends. A separate media room provides an additional living space, ideal for movie nights, a children's retreat, or a home office setup.
The master suite is privately positioned and includes a walk-in robe, stylish ensuite, and air conditioning for year-round comfort. The remaining three bedrooms are generously sized and serviced by a modern family bathroom.
Property Features:
Built in 2025 – move in without the wait of building
Approx. 240sqm home on a 730sqm allotment
Located in the prestigious Springs West Estate
4 spacious bedrooms
2 modern bathrooms
Master bedroom with walk-in robe and ensuite
Open-plan kitchen, living, and dining area
Separate media room
Air conditioning to the master bedroom and main living area
Double garage with internal access
Low-maintenance yard with plenty of space for the family
Quality finishes throughout
Color bond fencing
Location Highlights:
Situated in one of Hervey Bay's fastest-growing and most desirable communities, Springs West offers a lifestyle of convenience and connectivity. Enjoy being just minutes from Hervey Bay Hospital, medical precincts, schools, shopping centres, sporting facilities, and the CBD, making everyday living effortless. The estate is known for its family-friendly environment, spacious homesites, and proximity to key amenities.
Contact us today to arrange your inspection.
Disclaimer
Some images used in the marketing of this property contain AI-generated furniture and styling for illustrative purposes only. The property is currently vacant and will be sold as inspected. Buyers are encouraged to undertake their own enquiries regarding the property and its features
Listing description written by Nitin Menon, Invest Property Solutions — reproduced as published, not verified by Districts.