Point Vernon at a glance
5,987
People
$815,000
Median sale
$587/wk
Median rent
3.75%
Suburb gross yield
Median sale from 85 recorded sales (last 12 months) — a Districts calculation.
QLD › Point Vernon › Martin St
$710,000
Last sold
14 Apr 2026
4
Bedrooms
2
Bathrooms
0
Car spaces
750 m²
Land
141 m²
Building
Districts View
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
$710,000
14 Apr 2026 · 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
$815,000
Median sale
$587/wk
Median rent
3.75%
Suburb gross yield
Median sale from 85 recorded sales (last 12 months) — a Districts calculation.
Vs Point Vernon
-12.9%
Median sale
Suburb $815,000
+0.55 pp
Gross yield
Suburb 3.75%
Suburb median $815,000 from 85 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. 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
Point Vernon at a glance
5,987
People
$815,000
Median sale
$587/wk
Median rent
3.75%
Suburb gross yield
Median sale from 85 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The McGill GroupSOLD BY JASMINE CORRICK - 0409357337
Some investment properties make sense on paper. This one makes sense in real life.
Set in tightly held Point Vernon, just a 5-minute walk to the waterfront and directly opposite the new Baylinks Estate, 51 Martin Street is the kind of property that gives you more than just a rental return. It gives you a location tenants will love, land content buyers will always value and a coastal setting that helps protect long-term demand. The home sits on a 750m² block and offers 4 bedrooms, 2 bathrooms and flexible living space in one of Hervey Bay's most consistently desirable seaside pockets.
For the investor, the appeal is immediate. The current owner wants to rent the property back, creating the opportunity for income from day one, subject to lease terms and standard checks. That kind of head start is gold. No scrambling for a tenant. No awkward vacancy period. Just a smoother transition from settlement to return.
The home itself has the ingredients that keep tenants comfortable and leases sticky. Four bedrooms plus an auxiliary room give flexibility for families, guests, work-from-home setups or extra storage. Open-plan living, an ensuite, secure fencing, side access and a practical low-maintenance layout all add up to a property that is easy to live in and easy to rent. This is the sort of home that quietly does its job while you get on with life.
Outside, the 750m² level block adds another layer of value. There is room for the boat, caravan or trailer, an enclosed entertaining area that works beautifully as a sunroom or multi-purpose space, plus established gardens, a garden shed and water tank already in place. In a coastal market, that combination of usable land, practicality and location is always going to attract attention.
And then there is Point Vernon itself. Buyers and tenants are drawn here for the waterfront lifestyle, sea breezes, boat ramp access and relaxed community feel. It is the kind of suburb people settle into and stay in, which is exactly what you want when you are buying for both performance now and upside later.
KEY FEATURES:
- 4 bedrooms
- 2 bathrooms including ensuite
- Auxiliary room for flexibility
- Open-plan living
- Enclosed entertaining area or sunroom
- Secure, fully fenced yard
- Side access for boat, caravan or trailer
- Level 750m² block
- Established gardens
- Garden shed
- Water tank
- Current owner willing to rent back, subject to lease terms and standard checks
- 5-minute walk to the waterfront
- Positioned directly opposite the new Baylinks Estate
PROXIMITY:
- 2 mins to Point Vernon waterfront / closest beach.
- 4 mins to Gatakers Bay Boat Ramp.
- 10 mins to Stockland Hervey Bay.
- 11 mins to Hervey Bay Hospital.
- 13 mins to St Stephen's Hospital.
- 11 mins to Yarrilee State School.
- 12 mins to Hervey Bay State High School.
- 20 mins to Urangan Pier.
- 21 mins to Hervey Bay Airport.
- 1 hr 35 mins to Bundaberg.
- 3 hrs 30 mins to Brisbane.
FAQs:
Bedrooms: 4
Bathrooms: 2
Land Size: 750m²
Building Size: 141m² internally
Build Year: 2009
Parking: Side access and outdoor parking flexibility
Rent-Back Option: Yes, subject to lease terms and standard checks
SUBURB HIGHLIGHTS:
Point Vernon is one of those suburbs that keeps its appeal because it offers something people never tire of, water, breeze and breathing room. With foreshore walks, boating access, established homes and a laid-back coastal atmosphere, it attracts both long-term owner occupiers and tenants who want more than just a roof over their head. Add in close access to shops, schools, hospitals and the airport, and it is easy to see why Point Vernon remains so tightly held.
Investment opportunities in coastal pockets like this are the ones that make sense now and look even smarter later.
ENQUIRE ONLINE TO HAVE THE PROPERTY DISCLOSURES AND OPEN HOME TIMES EMAILED TO YOU WITHIN 5 MINUTES
Listing description written by Jasmine Corrick, The McGill Group — reproduced as published, not verified by Districts.