Hermit Park at a glance
3,623
People
$750,000
Median sale
$443/wk
Median rent
3.07%
Suburb gross yield
Median sale from 57 recorded sales (last 12 months) — a Districts calculation.
QLD › Hermit Park › Hodel St
3
Bedrooms
1
Bathrooms
4
Car spaces
1,877 m²
Land
130 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Hermit Park (last 5 years) with land size have a median of $1,000/m² of land (n=93). Districts calculation from recorded sales — not a valuation.
Hermit Park at a glance
3,623
People
$750,000
Median sale
$443/wk
Median rent
3.07%
Suburb gross yield
Median sale from 57 recorded sales (last 12 months) — a Districts calculation.
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 $443/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
Hermit Park at a glance
3,623
People
$750,000
Median sale
$443/wk
Median rent
3.07%
Suburb gross yield
Median sale from 57 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ian Clarke Real EstateHighly sought after and rarely found in established Hermit Park, 6 Spring Street (Also known as 57 Hodel Street) stands as a testament to the enduring charm of Queenslander lifestyle of yesteryear. However, this particular property, with its history dating back to the 1930s, presents a rare and exceptional opportunity for savvy investors, astute renovators, and visionary developers.
Boasting an expansive land size of 1877 m2 on a prime corner location, the potential to subdivide is a tantalising prospect, making this one of the most enticing offerings in the area. The old Queenslander timber home, perched high on traditional timber piers, is admittedly in a state of considerable disrepair, reflecting an era gone by. Offered "As Is - Where is," the property includes all items within the dwelling, inviting a buyer with vision and resolve to write the next chapter of its storied existence.
****Please note **** Internal inspections will not be possible due to the structural integrity concerns and lack of suitable access, yet the highlight remains undiminished—the exceptional corner parcel of land. It is indeed a rare find in the well-established suburb of Hermit Park.
However - take a look around with the attached 3D walk around tour.
The options are plentiful: breathe new life into the old dwelling through a meticulous renovation, clear the site to build a grand new residence enveloped by a vast garden, or capitalise on the development potential by subdividing into premium residential lots. Whichever path you choose, 6 Spring Street represents an unrivalled canvas awaiting transformation, ready to reward those with the foresight to recognise its unique promise and value.
AUCTION on site Wednesday 8th October at 10-00am
Bidders registration can be requested prior to Auction day and from 9-30am on auction day
Auction will be held onsite in front of 6 Spring Street ( 57 Hodel St) Hermit Park
Auction terms "as is - where is"
Deposit 5% of purchase price
Settlement 42 days from contract date
AUCTION PRICE FILTER
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.
**Due to QLD Legislation, we are unable to provide a price guide and would encourage buyers to do your own research around price and/or rental appraisals. To give all buyers equal opportunity, Public Trustee of Qld DO NOT consider offers prior to auction**
Listing description written by Ian Clarke, Ian Clarke Real Estate — reproduced as published, not verified by Districts.