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QLD › Smithfield › Wakepark Ln

11 Wakepark Ln, Smithfield QLD 4878

For saleHouse for Sale

$1,230,115

For sale

Asking

2

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,230,115 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,230,115(Listing record · 20 Aug 2026)
  • CalculationAsk is 46% above the Smithfield median recorded sale ($840,000, n=95, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Smithfield's advertised median rent ($712/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

$1,230,115

Asking

No recorded sale for this property.

Smithfield at a glance

8,550

People

$840,000

Median sale

$712/wk

Median rent

4.41%

Suburb gross yield

Median sale from 95 recorded sales (last 12 months) — a Districts calculation.

See the full Smithfield report →

Vs Smithfield

+46.4%

Median sale

Suburb $840,000

-1.40 pp

Gross yield

Suburb 4.41%

Suburb median $840,000 from 95 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,230,115
Stamp Duty (Queensland)
$51,257
Transfer/Registration Fee
$5,183
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
$1,290,255

$60,140 on top of the price (4.9% 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 Smithfield's advertised median rent — not a rent for this listing.

Net yield
1.51%
Annual cashflow (pre-tax)
$-45,394
Interest cover (DSCR)
0.29
Annual rent
$37,024
Operating expenses
$18,452
Loan amount
$984,092
Annual interest
$63,966
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$1,230,115available19 Aug 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 $712/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

Smithfield in one glance

Smithfield at a glance

8,550

People

$840,000

Median sale

$712/wk

Median rent

4.41%

Suburb gross yield

Median sale from 95 recorded sales (last 12 months) — a Districts calculation.

See the full Smithfield report →

Keep researching

  • Why Smithfield? Read the area thesis →
  • What else is on the market in Smithfield →
  • Other records on Wakepark Ln →

Listing material

Listed by The Industry Estate Agents

When Home Becomes the Destination

Whether Cairns is already home or about to become it, there is something undeniably special about living directly on the water.

Fronting the private wake park within Canopy's Edge, this is the kind of home friends will ask about, guests will look forward to visiting and you'll never quite get used to coming home to.

The architecture is striking, the lake views are exceptional and the living spaces have been designed to make the most of both. Open the doors to the balcony, settle in for a long lunch overlooking the water and enjoy a home that makes staying in feel better than going out.

Read the full description

With approximately 258m2 under roof, this is far more substantial than the words "two-bedroom villa" suggest. Two generous bedroom suites with stunning high ceilings, each with its own ensuite, give owners and guests complete privacy, while the second living area and secure double garage provide the space and practicality of a full-sized home.

𝗧𝗵𝗶𝘀 𝗶𝘀 𝗻𝗼𝘁 𝗮𝗯𝗼𝘂𝘁 𝗹𝗶𝘃𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝗹𝗲𝘀𝘀. 𝗜𝘁 𝗶𝘀 𝗮𝗯𝗼𝘂𝘁 𝗰𝗵𝗼𝗼𝘀𝗶𝗻𝗴 𝗮 𝗵𝗼𝗺𝗲 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗿𝗶𝗴𝗵𝘁 𝘀𝗽𝗮𝗰𝗲, 𝗮𝗻 𝗲𝘅𝘁𝗿𝗮𝗼𝗿𝗱𝗶𝗻𝗮𝗿𝘆 𝗼𝘂𝘁𝗹𝗼𝗼𝗸 𝗮𝗻𝗱 𝗳𝗮𝗿 𝗹𝗲𝘀𝘀 𝗱𝗲𝗺𝗮𝗻𝗱𝗶𝗻𝗴 𝘆𝗼𝘂𝗿 𝘁𝗶𝗺𝗲.

Individually titled and with no body corporate, you can enjoy the ease of villa living without the ongoing fees or restrictions usually associated with it.

Make it your permanent home, your tropical Cairns base or the place family and friends quietly hope they'll be invited back to.

𝗘𝗻𝗷𝗼𝘆 𝗶𝘁 𝘄𝗵𝗲𝗻 𝘆𝗼𝘂'𝗿𝗲 𝗵𝗲𝗿𝗲. 𝗘𝘅𝗽𝗹𝗼𝗿𝗲 𝗶𝘁𝘀 𝗶𝗻𝗰𝗼𝗺𝗲 𝗽𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹 𝘄𝗵𝗲𝗻 𝘆𝗼𝘂'𝗿𝗲 𝗻𝗼𝘁.

The features that make this a beautiful home also create strong short-term holiday-let potential. Two private bedroom suites, generous living spaces, a secure double garage and wake park views give it real appeal in the Cairns accommodation market.

Enjoy it as your own tropical escape, with the flexibility to potentially earn an income when you're away. Individually titled and with no body corporate fees, it also avoids a major ongoing cost that can quickly reduce investment returns.

𝐒𝐡𝐨𝐫𝐭-𝐭𝐞𝐫𝐦 𝐚𝐜𝐜𝐨𝐦𝐦𝐨𝐝𝐚𝐭𝐢𝐨𝐧 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐢𝐨𝐧𝐬 𝐚𝐫𝐞 𝐚𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞. 𝐖𝐨𝐮𝐥𝐝 𝐲𝐨𝐮 𝐥𝐢𝐤𝐞 𝐭𝐨 𝐯𝐢𝐞𝐰 𝐭𝐡𝐞𝐦? 𝐉𝐮𝐬𝐭 𝐚𝐬𝐤!

Close By

✦︎ Cairns Wake Park Bar & Cafe | approx. 260m

✦︎ Smithfield Shopping Centre | approx. 1km

✦︎ Yorkeys Knob Beach | approx. 8km

✦︎ Trinity Beach (Vasey Esplanade) | approx. 8.4km

✦︎ Cairns Airport | approx. 14km

✦︎ Esplanade Lagoon | approx. 14km

✦︎ Yorkeys Golf Course | approx. 8.2km

✦︎ Cairns Convention Centre | approx. 15.4km

✦︎ Skyrail Rainforest Cableway | approx. 2.5km drive

𝙇𝙞𝙢𝙞𝙩𝙚𝙙 𝙫𝙞𝙡𝙡𝙖𝙨 𝙖𝙧𝙚 𝙖𝙫𝙖𝙞𝙡𝙖𝙗𝙡𝙚. Contact Nat today for a private inspection any time 0424 055 417.

The elevator pictured is not included as standard, however provision for an elevator is in place in all 2-bedroom villas. If you'd like to know the cost of installation, please just ask.

Disclaimer: The Industry Estate Agents is a licensed real estate agency but is not qualified as a builder, inspector, or valuer. Information provided is sourced from third parties for general guidance only. While we believe it to be reliable, we do not guarantee its accuracy, completeness, or currency, and accept no liability for errors or omissions. This is not building, pest, planning, or legal advice. Buyers should conduct their own physical inspections, due diligence, and relevant searches. Staging and digital enhancements may be used and should not be taken as a representation of the property's current state. We recommend seeking independent legal advice.

IMPORTANT Please note: These are photographs of completed villas within Stage 1 and represent the general layout and finishes throughout the development. The villa pictured may not be the specific villa available for purchase. The agent will confirm which villa is currently available.

Listing description written by Natalie McLarty, The Industry Estate Agents — reproduced as published, not verified by Districts.

Districts

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

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