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QLD › Glass House Mountains › Springburn Dr

87 Springburn Dr, Glass House Mountains QLD 4518

For saleHouse for Sale

$1,399,000

For sale

Asking

5

Bedrooms

2

Bathrooms

2

Car spaces

2,066 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,399,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,399,000(Listing record · 21 July 2026)
  • FactLand 2,066 m²; no building size recorded.(Property record)
  • CalculationAsk is 13% above the Glass House Mountains median recorded sale ($1,235,000, n=56, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Glass House Mountains's advertised median rent ($811/wk), implied gross yield would be 3.01% — 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

$1,399,000

Asking · $677/m² of land

No recorded sale for this property.

Glass House Mountains at a glance

6,181

People

$1,235,000

Median sale

$811/wk

Median rent

3.41%

Suburb gross yield

Median sale from 56 recorded sales (last 12 months) — a Districts calculation.

See the full Glass House Mountains report →

Vs Glass House Mountains

+13.3%

Median sale

Suburb $1,235,000

-0.40 pp

Gross yield

Suburb 3.41%

Suburb median $1,235,000 from 56 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,399,000
Stamp Duty (Queensland)
$60,968
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
$1,469,596

$70,596 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 Glass House Mountains's advertised median rent — not a rent for this listing.

Net yield
1.51%
Annual cashflow (pre-tax)
$-51,561
Interest cover (DSCR)
0.29
Annual rent
$42,172
Operating expenses
$20,985
Loan amount
$1,119,200
Annual interest
$72,748
Gross yield
3.01%

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$1,399,000available21 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 $811/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 3.0%. 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

Glass House Mountains in one glance

Glass House Mountains at a glance

6,181

People

$1,235,000

Median sale

$811/wk

Median rent

3.41%

Suburb gross yield

Median sale from 56 recorded sales (last 12 months) — a Districts calculation.

See the full Glass House Mountains report →

Keep researching

  • Why Glass House Mountains? Read the area thesis →
  • What else is on the market in Glass House Mountains →
  • Other records on Springburn Dr →

Listing material

Listed by First National Real Estate Moreton

Huge Family Home with Spectacular Views

Positioned in a peaceful and private setting with no rear or side neighbours, this spacious lowset brick home offers an exceptional family lifestyle surrounded by beautiful natural scenery. Featuring five bedrooms, multiple living areas, a dedicated study and stunning mountain views, the property provides an abundance of space for growing families.

At the heart of the home is the stylish stone kitchen, featuring an extra-wide island bench, gas cooktop, electric oven, dishwasher and a generous walk-in pantry combined with the laundry. The expansive open-plan living and dining area flows effortlessly to the concrete outdoor patio, while a separate media room and front living area provide plenty of space for the entire family to spread out.

With State Forest nearby and the Sunshine Coast within comfortable reach, this property offers a wonderful balance of peaceful living and everyday convenience. Complete with side access, established vegetable planters, a chicken coop and space for a proposed pool, this home is ready for its new owners to personalise and enjoy. This property even sports a whopping 10kw of solar, saving energy costs in those hot summer and cool winter days.

Read the full description

For the INVESTORS, this property would rent in the vicinity of $950-$1000 per week in the current rental climate.

Property Features:

• Spacious lowset brick home with a steel frame

• Five generous bedrooms with built-in robes

• Master suite featuring a walk-in robe and his-and-hers ensuite

• Dedicated front study

• Separate front living room

• Large media room

• Expansive open-plan living and dining area

• Stylish stone kitchen with an extra-wide island bench

• Walk-in pantry combined with the laundry

• Gas cooktop, electric oven and dishwasher

• Modern family bathroom

• Convenient powder room

• Ducted air conditioning throughout

• Tiled main living areas

• Carpeted bedrooms

• Concrete outdoor entertaining patio

• Side access

• Established vegetable planters and chicken coop

• Space for a proposed swimming pool

• No rear or side neighbours

• Stunning mountain views

• Peaceful position near State forest

• Within comfortable reach of Mount Mee and the Sunshine Coast

• Opportunity to refresh the interior and personalise the home

Offering space, privacy and breathtaking natural surrounds, 87 Springburn presents a fantastic opportunity to secure a substantial family home in a truly peaceful setting.

*Important* Whilst every care is taken in the preparation of the information contained herein, First National Moreton will not be held liable for any errors in typing or information. All information is considered correct at the time of submission. Any interested parties should satisfy themselves in this respect

Listing description written by Mark Cheney, First National Real Estate Moreton — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Fully Fenced
  • Outdoor Entertaining
  • Pet-Friendly
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Solar Panels
  • Study
Districts

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

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