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 › Kensington St
$480,000
Last sold
14 Nov 2022
3
Bedrooms
2
Bathrooms
2
Car spaces
807 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
$480,000
14 Nov 2022 · 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
-20.1%
Median sale
Suburb $601,000
+1.13 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 Local Realty GroupLet me introduce you to 55 Kensington Street Norville.
This home certainly has character and features that you rarely find on the market. With beautiful cornices, curved walls, high ceilings and chandeliers throughout, plus a flag pole too. Art Deco homes are as rare as hens’ teeth and there are only a few homes with these characteristics in the Bundaberg area.
This home is situated on a 807sqm corner block with side access, fully fenced, you have access to the powered 2.5 colour bond garage that will fit 2 large vehicles, plus a storage area as well as a garden shed. The owners recently divided the backyard for privacy to be utilised as another area for children to play, or setup for a fire pit, pool area, or leave as is for parking for vehicles, the choice is yours. Perfect for anyone with RV’s, boats and located close to shops, schools, TAFE and hospitals, plus only a few minutes’ drive to the new hospital being built in Bundaberg.
This home has a great floor plan, with 2 large sized bedrooms with built in wardrobes in the north wing, and a good sized hallway leading to the massive lounge room with an adjoining sunroom with original tiles. The 3rd bedroom is situated at the rear of the home.
The home has a main bathroom with shower, toilet and double vanity, plus a second toilet and shower at the rear of the home, setup for anyone with mobility issues.
The bonus is the covered entertaining area, it's very private and secluded. The large 3rd bedroom has been converted into an office but could be easily used as a bedroom and has an adjoining separate studio room, the choice is yours if you wanted to convert the studio into a 4th bedroom or an ensuite. Alternatively, you could set up as dual living, the floor plan is extremely versatile.
The current owners work from home, having that 3rd bedroom/office at the rear of the home has been handy, when clients visit without having to go into the main part of the home, plus off street parking.
The home also has a Solar Hot Water System, plus solar panels on the garage, keeping those electrical bills at bay. The electrical board is only a few years old too. The home has a compact sized kitchen with a 5-burner gas stove & oven, dishwasher and space for the microwave.
For anyone that wants an easy to clean home, there is no carpet, only cypress flooring throughout and tiles in the bathroom, sunroom, office and laundry areas.
The property is only 2.9 km away from the Bundaberg CBD, with local primary and high schools close by. If you want to be close to all the hospitals in Bundaberg, you are within a 3-4km radius, plus the new hospital that is being built on Lady McDuff Drive. Either live in or rent, the choice is yours.
At a glance:
· 3 bedrooms, plus sunroom and studio room.
· Air conditioning in the lounge area and main bedroom with cypress flooring throughout the home
· Freshly painted internally throughout with featured wallpaper on selected walls
· Fully fenced with feature fencing at front, recently painted with art-deco gate
· Compliant smoke alarms & located high and dry in flood free area
· 2 bathrooms with downstairs toilet and shower suitable for those with mobility issues
· Established Gardens & a small water tank off garage for watering
· Undercover entertaining area
· Area at rear of yard could be utilised as a children’s play area, space for an inground pool, extra car space or setup with a fire pit & a few
chairs
· Established vegie garden
· Solar panels on garage & Solar Hot Water System
· Low maintenance and close to everything, no easements
If you are an investor, the returns are extremely good for this rare type of home and location.
Rental Return: $550.00 - $570.00 per week unfurnished
Partially furnished $570.00 - $600.00 per week depending on what furnishings are in the property.
Fully furnished from $600.00 to $650.00 per week.
Land Size: 807m2
Rates: $1500.00 half year including water consumption approx
Distances by car:
Bundaberg CBD – 2.9km
Bundaberg Base Hospital – 3.2km
Friendlies Hospital – 1km
Bundaberg Mater Hospital - 3.9km
Bundaberg Airport – 5.3km
Bundaberg University - 5.5km
New Hospital Lady McDuff Drive - 2.4km
Multiplex Centre & New Olympic Pool - 993m
Hinkler Shopping Centre – 1.5km
Stockland Shopping Centre – 2.4km
Norville School – 1.4km
Waves Club - 500m
Bundaberg TAFE – 1.3km
Bargara Beach – 15km
Burnett Heads – 17km
Elliott Heads – 19km
Moore Park Beach – 23km
An Expression of Interest form can be emailed on request.
Inspections by Appointment only.
If you would like to find out more information, please contact Exclusive Licensed Real Estate Agent | Auctioneer Barbara Burstall from Local Realty Group in Bundaberg/Bargara on 0423 182 450 or feel free to email barb@localrg.com.au or text.
Disclaimer: Local Realty Group have been provided with the above information; however, the Office and the Agent provides no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided by the Vendor or other Persons. All interested parties are responsible for their own independent inquiries in order to determine whether or not this information is in fact accurate.
Property Code: 699
Listing description written by Barbara Burstall, Local Realty Group — reproduced as published, not verified by Districts.
Also look at