Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

QLD › Nikenbah › Spring Way

61 Spring Way, Nikenbah QLD 4655

For saleHouse for Sale

$1,395,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

858 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,395,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,395,000(Listing record · 23 July 2026)
  • CalculationAsk is 32% above the Nikenbah median recorded sale ($1,059,000, n=33, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Nikenbah's advertised median rent ($536/wk), implied gross yield would be 2.00% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,395,000

Asking · $1,626/m² of land

No recorded sale for this property.

Nikenbah at a glance

2,893

People

$1,059,000

Median sale

$536/wk

Median rent

2.63%

Suburb gross yield

Median sale from 33 recorded sales (last 12 months) — a Districts calculation.

See the full Nikenbah report →

Vs Nikenbah

+31.7%

Median sale

Suburb $1,059,000

-0.63 pp

Gross yield

Suburb 2.63%

Suburb median $1,059,000 from 33 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,395,000
Stamp Duty (Queensland)
$60,738
Transfer/Registration Fee
$5,928
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,465,366

$70,366 on top of the price (5.0% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Nikenbah's advertised median rent — not a rent for this listing.

Net yield
0.50%
Annual cashflow (pre-tax)
$-65,593
Interest cover (DSCR)
0.10
Annual rent
$27,872
Operating expenses
$20,925
Loan amount
$1,116,000
Annual interest
$72,540
Gross yield
2.00%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$1,395,000available23 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Nikenbah in one glance

Nikenbah at a glance

2,893

People

$1,059,000

Median sale

$536/wk

Median rent

2.63%

Suburb gross yield

Median sale from 33 recorded sales (last 12 months) — a Districts calculation.

See the full Nikenbah report →

Keep researching

  • Why Nikenbah? Read the area thesis →
  • What else is on the market in Nikenbah →
  • Other records on Spring Way →

Listing material

Listed by Prime Agents Hervey Bay

WALK IN, FALL IN LOVE, AND KEEP IT ALL!

There are homes that impress you from the moment you arrive, and others that simply feel right. At 61 Spring Way, you experience both.

Created as a display home and recognised as a Master Builders award-winning design, this exceptional residence brings together elegant coastal style, impressive proportions and thoughtful family living. It feels sophisticated without being unapproachable, spacious without losing its warmth, and has been designed to bring the family together while still giving everyone a place of their own.

As you step inside, the wide hallway, 2.7m ceilings and soft, neutral interior create an immediate sense of openness. Timber-look flooring, classic finishes and carefully selected textures reinforce the home's elegant coastal character, while your eye is naturally drawn through to the expansive kitchen, family and dining area at the rear. Soaring raked ceilings give this central living space a beautiful sense of light and scale.

Read the full description

This is the heart of the home—the place where mornings begin around the island bench, family and friends gather over dinner, and everyday conversations continue long after the meal is finished. The oversized walk-in pantry keeps the kitchen practical and beautifully organised, while large doors open to the generous covered alfresco, making it easy to take gatherings outdoors or simply enjoy a quiet afternoon in the fresh air.

When it is time to slow down, the separate media room provides the perfect setting for movie nights and relaxed evenings together. The children's wing has its own activity area, giving younger family members room to play, study or spend time with friends without feeling disconnected from the rest of the home.

Positioned privately away from the secondary bedrooms, the main suite offers a genuine retreat for its owners. The spacious bedroom flows into a private sitting area, creating a quiet place to read, unwind or enjoy a moment to yourself. A large walk-in robe and beautifully appointed ensuite—with a freestanding bath, open shower and double vanity—complete a space designed to make every day feel a little more luxurious.

The home has also been created with comfort and ease in mind. Wide hallways and wheelchair access support changing needs, while AirTouch 2+ ducted air conditioning can be controlled from your phone. An 8.8kW solar system and Swann security cameras with internal and external viewing add efficiency, convenience and peace of mind.

Every piece of furniture has been carefully selected to complement the home's elegant coastal style and generous proportions and is included in the sale. It is a wonderful finishing touch to an already exceptional property, allowing you to move in without the usual work of filling and furnishing each room.

Award-winning, beautifully resolved and filled with elegant coastal warmth, 61 Spring Way is more than a home to admire. It is a home where you can picture your family gathering, growing and creating memories for years to come.

WHAT WE LOVE

• Master Builders award-winning home

• Former display home showcasing thoughtful design and quality finishes

• Elegant coastal interiors with a soft, neutral colour palette

• All carefully selected furniture included in the sale

• Complete turnkey package, ready to move straight into

• Four generous bedrooms with built-in storage

• Private main suite with its own sitting retreat and large walk-in robe

• Luxurious ensuite with freestanding bath, open shower and double vanity

• Expansive open-plan kitchen, family and dining area

• Soaring raked ceilings creating a beautiful sense of light and space

• Kitchen with large island bench and oversized walk-in pantry

• Separate media room for relaxed family movie nights

• Dedicated activity room within the children's wing

• Covered alfresco measuring approximately 4.2m x 8m

• Wide hallways and wheelchair access

• 2.7m ceilings throughout

• AirTouch 2+ ducted air conditioning controllable through a phone app

• Swann security cameras with internal and external viewing

• 8.8kW solar system

• Timber-look flooring and classic finishes

• Separate internal laundry with linen storage

• Double garage with internal access

• Side access providing convenient access to the property

LOCATION

Set within The Springs Estate at Nikenbah, the home is conveniently positioned for easy access to local schools, the Hervey Bay Hospital precinct, sporting facilities, shopping and Hervey Bay's major amenities.

Listing description written by Lauren Leaver, Prime Agents Hervey Bay — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Fully Fenced
  • Living Areas: 3
  • Outdoor Entertaining
  • Solar Panels
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.