Shorncliffe at a glance
1,929
People
$1,450,000
Median sale
$480/wk
Median rent
1.72%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
QLD › Shorncliffe › Palm Ave
$755,000
Last sold
30 Apr 2020
3
Bedrooms
1
Bathrooms
1
Car spaces
577 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
Last sold
$755,000
30 Apr 2020 · derived via latest_sale
Local land rate: recorded House sales in Shorncliffe (last 5 years) with land size have a median of $2,703/m² of land (n=54). Districts calculation from recorded sales — not a valuation.
Shorncliffe at a glance
1,929
People
$1,450,000
Median sale
$480/wk
Median rent
1.72%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Shorncliffe
-47.9%
Median sale
Suburb $1,450,000
+1.59 pp
Gross yield
Suburb 1.72%
Suburb median $1,450,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $480/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
Shorncliffe at a glance
1,929
People
$1,450,000
Median sale
$480/wk
Median rent
1.72%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by 2nd Avenue RealtyClick on the link below to view our video
118 Palm Avenue, Shorncliffe is a very charming Gabled Queenslander with original features throughout, situated in a prime location in central seaside Shorncliffe.
Set on a 577m2 block with side vehicle access, large backyard perfect for a large shed or swimming pool and still room for the kids to play. Only minutes to the train station, golf club, yacht club, boat ramp and the Sandgate Village.
An ideal family home with character and featuring original VJ lining, fret work, arch ways, lead lighting, doors and timber flooring.
3 bedrooms with floor to ceiling built ins, ceiling fans and carpeted, bathroom, wide passageway, lounge, dining room, kitchen and office/sunroom. With a large covered outdoor entertaining deck, overlooking the back yard.
Solar hot water service, 3 whirlybird bird solar exhaust fans & 5,000 ltr rain water tank
Computer network connection throughout
Storage & parking under the house.
The area is surrounded by character homes and renovated homes. This family home would be perfect for a family with young children or as an investment. The block is large enough to extend out the back or raise the home and add more rooms downstairs or just live in as is like the previous owners.
The owners are very keen to sell and are meeting the current market and will consider all offers.
Once you see this original family home you'll want to make it your own. Inspection is a must.
The Sustainability Declaration for this property can be obtained by contacting the agent.
Listing description written by Dianne Ray, 2nd Avenue Realty — reproduced as published, not verified by Districts.