Mitchells Island at a glance
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Median sale
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Median rent
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Suburb gross yield
NSW › Mitchells Island › Pelican Bay Rd
$2,490,000
For sale
Asking
7
Bedrooms
3
Bathrooms
7
Car spaces
51,597.419 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
Asking
$2,490,000
Asking · $48/m² of land
No recorded sale for this property.
Mitchells Island at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
$122,829 on top of the price (4.9% extra)
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: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
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.
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.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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.
0 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Nearby
Area
Mitchells Island at a glance
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Median sale
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Median rent
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Suburb gross yield
Listing material
Listed by Lauders Real Estate Old BarWelcome to life living on the waters edge, a truly exceptional waterfront estate offering the ultimate lifestyle opportunity.
Set on just over 12.75 acres of prime land with an impressive 400 metres of deep-water frontage, this rare property delivers an unparalleled connection to the water, combined with space, privacy, and even future potential.
The spacious residence has been thoughtfully designed for family living, offering generously proportioned bedrooms, each enjoying tranquil views across the manicured lawn and out to Harrington and beyond. A luxurious master retreat complete with an enormous ensuite, walk-in wardrobe, and indulgent spa.
A generous kitchen with a walk-in pantry forms the centre of the home, while large windows capture breathtaking water views, creating a seamless blend of indoor comfort and the beauty of the surrounding landscape. This exceptional property features a private boat ramp and wharf, offering direct access to the beautiful Manning River.
Adding even more value and flexibility, the property also offers 4 bedroom guest accommodation, presenting the perfect opportunity for extended family living, visiting guests, Airbnb income, holiday letting, or dual living arrangements.
A magnificent fig tree stands proudly as the centrepiece of the yard, providing a stunning natural feature and the perfect place to relax, entertain, or simply enjoy the peaceful riverside setting beneath its expansive canopy.
Wrapping around the home is a generous verandah, perfectly positioned to take in the stunning outlook while providing ample space to entertain family and friends. Beyond the home, the expansive acreage offers plenty of room to store boats, caravans, trailers, and all the toys, while also providing the opportunity to run a few head of cattle and enjoy the best of rural living.
For those who appreciate life on the water, privacy, and 360 views this is the property for you. Contact our team today to arrange your inspection and experience the lifestyle on offer firsthand.
PLEASE NOTE: At no time has flood water ever entered the home or shed, including the recent 1 in 500 year flood event of 2025.
Disclaimer:
Lauders Real Estate Old Bar believes that the information contained is correct. However, no representation or warranties of any nature are given, intended, or implied and you should rely on your own enquires to determine the accuracy of material available.
The information contained has been gathered from the property owners and professional service providers. We cannot verify its accuracy. Prospective purchasers or tenants must rely on their own enquiries.
Please note, the material available is general information only, and is subject to change without notice. The information held within this website should not be relied on as a substitute for legal, financial, real estate, or other expert advice. Lauders Real Estate Old Bar disclaims all liability, responsibility, and negligence for direct and indirect loss or damage suffered by any person arising from the use of information presented or material that arises from it.
Listing description written by Lauders Real Estate - Old Bar, Lauders Real Estate Old Bar — reproduced as published, not verified by Districts.