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QLD › Banksia Beach › Cassia Ave

15 Cassia Ave, Banksia Beach QLD 4507

For saleHouse for Sale

$810,000

For sale

Asking

3

Bedrooms

1

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $810,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $810,000(Listing record · 18 Aug 2026)
  • CalculationAsk is 40% below the Banksia Beach median recorded sale ($1,350,000, n=89, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Banksia Beach's advertised median rent ($627/wk), implied gross yield would be 4.03% — 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

$810,000

Asking

No recorded sale for this property.

Banksia Beach at a glance

7,432

People

$1,350,000

Median sale

$627/wk

Median rent

2.42%

Suburb gross yield

Median sale from 89 recorded sales (last 12 months) — a Districts calculation.

See the full Banksia Beach report →

Vs Banksia Beach

-40.0%

Median sale

Suburb $1,350,000

+1.61 pp

Gross yield

Suburb 2.42%

Suburb median $1,350,000 from 89 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$810,000
Stamp Duty (Queensland)
$29,475
Transfer/Registration Fee
$3,181
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
$846,356

$36,356 on top of the price (4.5% 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 Banksia Beach's advertised median rent — not a rent for this listing.

Net yield
2.53%
Annual cashflow (pre-tax)
$-21,666
Interest cover (DSCR)
0.49
Annual rent
$32,604
Operating expenses
$12,150
Loan amount
$648,000
Annual interest
$42,120
Gross yield
4.03%

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$810,000available18 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 $627/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 4.0%. 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

Banksia Beach in one glance

Banksia Beach at a glance

7,432

People

$1,350,000

Median sale

$627/wk

Median rent

2.42%

Suburb gross yield

Median sale from 89 recorded sales (last 12 months) — a Districts calculation.

See the full Banksia Beach report →

Keep researching

  • Why Banksia Beach? Read the area thesis →
  • What else is on the market in Banksia Beach →
  • Other records on Cassia Ave →

Listing material

Listed by Wilson & Co Property Professionals

MOVE-IN-READY IN A CONVENIENT FAMILY-FRIENDLY POCKET

OPEN FOR INSPECTION SATURDAY, 29 AUGUST 10AM TO 10:30AM

* Affordable entry into highly sought-after Banksia Beach

* Thoughtfully upgraded interior

Read the full description

* Vacant and ready for quick & easy settlement

* Walk to School, Childcare Centre, Shopping Centre

* 3min drive to the iconic Pumicestone Passage waterfront & boat ramp

This is an outstanding opportunity to secure a well-located affordable home just moments from everything Bribie Island has on offer. 15 Cassia Avenue is a move-in-ready property with enormous potential - a solid, low-set brick and tile home that is larger than first impressions suggest.

At the heart of the home is a generous air-conditioned open-plan living space featuring exposed rafters, a modern crisp white kitchen and dining area. The kitchen features stone benchtops, ample storage and bench space, dishwasher, and overhead cabinetry and serves as the perfect hub for family gatherings and casual dining.

Sleeping accommodation comprises of three bedrooms with built-in-robes and modern ceiling fans. The Master Bedroom also offers window air-conditioning and sliding door access to the front covered porch.

The bathroom has been upgraded to a modern spec with separate bath, shower and vanity along with a separate toilet room.

The sunny east facing covered patio provides a lovely space to enjoy morning coffee or simply relaxing in the sunshine.

Adding further appeal, the home has been enhanced with a fresh modern appeal, a neutral internal repaint, bathroom upgrade and Solar Power has also been installed.

The rear yard is fully fenced and provides ample room to add a swimming pool if desired. A good sized single garage, with power and water connections, provides secure parking along with additional storage space.

Set on a low-maintenance 546sqm allotment, this property presents an exciting opportunity to move straight in while exploring future value-adding opportunities or continued use as a quality investment property.

Features Include:

- 3 bedrooms with built-in-robes and modern ceiling fans

- 1 bathroom with separate shower and bath tub and separate toilet room

- Kitchen with dishwasher, microwave nook, breakfast bar, overheads, pantry

- Air conditioned open living and Master

- Good sized internal laundry room with double sinks and storage cupboard

- Linen and Broom closets

- Freestanding Garage with power and water connected

- 2 car parking – garage and off street

- Covered front porch & rear patio

- Large fenced back yard

- Termite barrier up-to-date

- Outdoor shower

- Spear Pump

- Solar Power

Conveniently located in close walking distance to the Banksia Beach State School and just a quick stroll to the end of the street to the Childcare Centre.

Banksia Beach is the place to live for those seeking a relaxed coastal lifestyle. The Pacific Harbour Golf and Country Club and Solander Lakes Bowls Club are terrific venues to eat, play and relax. The Bribie Harbour Shopping Village guarantees easy parking for Woolworths, Award Winning Butcher, Bakery, Cafés and Medical Practice. All these conveniences are right at your fingertips.

• Bribie Bridge 4.5km

• Woorim Patrolled Surf Beach 9km

• Sandstone Point Hotel 5km

• M1 for North & South Bound Commuting 20mins

• Brisbane Airport 56mins

Now is the opportunity for young families, downsizers or investors to secure a piece of Bribie real estate. Make a time to inspect this terrific property by calling Sally Grant on 0425 559 832.

Keep an eye on our advertised Open Home times.

Some images have been virtually styled to show furniture placement in vacant rooms. Vacant images also included.

Property Code: 315

Listing description written by Sally Grant, Wilson & Co Property Professionals — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Fully Fenced
  • Outdoor Entertaining
  • Secure Parking
  • Solar Panels

Also look at

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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.