Westcourt at a glance
4,044
People
$700,000
Median sale
$495/wk
Median rent
3.68%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
QLD › Westcourt › Gregory St
$599,000
For sale
Asking
2
Bedrooms
2
Bathrooms
2
Car spaces
158 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
$599,000
Asking · $3,791/m² of land
No recorded sale for this property.
Westcourt at a glance
4,044
People
$700,000
Median sale
$495/wk
Median rent
3.68%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Westcourt
-14.4%
Median sale
Suburb $700,000
+0.62 pp
Gross yield
Suburb 3.68%
Suburb median $700,000 from 20 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$25,884 on top of the price (4.3% 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: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Westcourt's advertised median rent — not a rent for this listing.
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.
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 $495/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.
Gross yield if leased at the suburb aggregate is 4.3%. 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
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
Westcourt at a glance
4,044
People
$700,000
Median sale
$495/wk
Median rent
3.68%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Twomey Schriber Property GroupWelcome to a property that boasts two very precious, money can't buy features. Welcome to one of just a few apartments within this sought after complex that commands two exclusive car space on title. Welcome to apartment 128 Cairns One.
Commanding the sought after top floor location overlooking the pools, framed by a terrific rainforest, mountain view and an incredibly rare 2nd car space on title, this is convenient, low maintenance apartment living, that offers something a little different to the norm.
Features we love;
- South Westerly aspect, framed by lush mountain views
- Positioned on the top floor overlooking the resort style pools
- Highly prised, very rare, additional car space on title
- Open plan, kitchen living and dining room
- Stone kitchen benches, gas cook top, walk-in pantry
- Multiple, versatile storage options throughout
- Secure basement parking with extra large storage cage
- Exceptional internal condition throughout
- New Split-system air-conditioning
- Resort style amenities at your fingertips
- 9 pools, gym, tennis court, convenience store and onsite cafe
- Secure gated complex with after hours security
The Figures;
- Rental Appraisal of $740 plus per week
- Council Rates approx. $3300 per year
- Body Corp Fees $10,490 per year
- Extra large 158m2 on title
- Built 2005
Owner occupiers will love the spacious proportions that apartments in this complex are renowned for. The considered floor plan undoubtedly offers fantastic levels of versatility and functionality, while the complex generously offers all of the lifestyle facilities you can dream off. Location is key when choosing an apartment, and no better location exists than apartments with top floor positioning overlooking the pools and a stunning rainforest, mountain view.
Investors in the complex have always appreciated the unprecedented rental demand from longterm, navy and corporate tenants the complex appeals to, the high rental yield the complex amenities afford as well as the exceptional onsite management, well positioned to ensure the complex and surrounds are maintained to the highest of standards.
For all inquiries or to arrange an inspection, contact Tim Lyon on 0400 355 706
All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.
Listing description written by Tim Lyon, Twomey Schriber Property Group — reproduced as published, not verified by Districts.
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