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QLD › Broadbeach Waters › Palmetto Ct

15 Palmetto Ct, Broadbeach Waters QLD 4218

House

$5,425,000

Last sold

27 Jan 2026

5

Bedrooms

3

Bathrooms

4

Car spaces

581 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $5,425,000 (27 Jan 2026).(Recorded sale)

What could make it worth more?

  • FactZoned Low density residential (Low density residential) under the City Plan.(City of Gold Coast · 1 Sept 2026)

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. 1No 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

What this lot has actually traded at

Last sold

$5,425,000

27 Jan 2026 · derived via latest_sale

Broadbeach Waters at a glance

9,122

People

$2,550,000

Median sale

$1,258/wk

Median rent

2.57%

Suburb gross yield

Median sale from 93 recorded sales (last 12 months) — a Districts calculation.

See the full Broadbeach Waters report →

Vs Broadbeach Waters

+112.7%

Median sale

Suburb $2,550,000

-1.36 pp

Gross yield

Suburb 2.57%

Suburb median $2,550,000 from 93 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

City Plan

Zone

Low density residential

Low density residential

Jurisdiction

City of Gold Coast

Gold Coast, QLD

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: City of Gold Coast
  • Dataset: City Plan V13 Zone
  • Retrieved: 1 Sept 2026
  • Version: 13
  • Parcel: 183RP89821

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. Sold$5,425,00027 Jan 2026
  2. Listedprice unknowncompleted13 Nov 2025
  3. Listedprice unknowncompleted13 Nov 2025

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?

Confidence: medium

Zoned Low density residential (City Plan). Official parcel area about 679 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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 $1,258/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

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

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Low density residential (City Plan). Official parcel area about 679 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • 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?

    Knownmedium

    Official parcel about 679 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Broadbeach Waters in one glance

Broadbeach Waters at a glance

9,122

People

$2,550,000

Median sale

$1,258/wk

Median rent

2.57%

Suburb gross yield

Median sale from 93 recorded sales (last 12 months) — a Districts calculation.

See the full Broadbeach Waters report →

Keep researching

  • Why Broadbeach Waters? Read the area thesis →
  • What else is on the market in Broadbeach Waters →
  • Other records on Palmetto Ct →

Listing material

Listed by Kollosche

Sold by Jamie Harrison

Sold by Jamie Harrison.

A rare blend of architectural brilliance and resort-style serenity, this six-star north-east point-position residence is a statement in contemporary coastal luxury. Commanding a prized 36 metre stretch of wide water frontage with mesmerising views across the Broadbeach and Surfers Paradise skyline, this home delivers a lifestyle of prestige, privacy, and effortless sophistication.

Towering palms and lush tropical landscaping by The Block's renowned landscaper Dave Franklin form a captivating introduction, while the striking façade hints at the scale and style within. A soaring six-metre entry foyer crowned by a statement chandelier sets an opulent tone, complemented by three-metre ceilings and walls of glass that invite natural light and water views throughout.

Read the full description

At the heart of the home, a chef-level Miele kitchen features sleek black cabinetry with touch-to-open technology, a stone island, integrated Liebherr refrigeration, and a full butler's pantry with oven, coffee machine, and additional storage. Expansive open-plan living and dining zones spill effortlessly outdoors through bi-fold doors, creating seamless connection to the alfresco entertaining terrace.

Upstairs, an insulated home cinema with HD projector and recliner seating offers the ultimate in leisure, while four deluxe bedrooms promise tranquillity and comfort. The palatial master suite indulges with sweeping skyline vistas, a custom walk-in robe, and a luxury ensuite appointed with a freestanding bath, triple shower, and Grohe tapware.

Outdoors, this property transforms into a private resort paradise. Cantilevered concrete steps lead to the solar-heated pool and spa that wrap around the rear yard, complemented by a sun-drenched timber deck, a firepit with built-in seating, and an 8 × 3 metre pontoon with electric winch and jet-ski dock.

Every element reflects master craftsmanship and attention to detail, with designer lighting, integrated sound, security cameras, and automated garden illumination completing the picture.

The Highlights

• North-east facing 673 m² point-position block with 36 m waterfront and panoramic skyline views

• Architectural design with 6 m foyer and 3 m ceilings throughout

• Miele kitchen with three ovens, induction cooktop, two integrated Liebherr fridge/freezer, and butler's pantry with coffee machine

• Open-plan living and dining with feature wall, built-in seating, and water views

• Five bedrooms including master suite with skyline vistas, walk-in robe, and luxury ensuite

• Home cinema with HD screen, Yamaha sound system, and electric recliners

• Underfloor heating in all bathrooms and a designer powder room with mosaic feature wall

• Alfresco terrace with skyline backdrop, pool, and mosaic-tiled spa

• Lush tropical landscaping by award-winning designer Dave Franklin

• Pontoon with electric winch, jet-ski dock, and sandy beach access

• Double garage with workshop, storage, and wine cellar/home office

• Automated lighting, built-in speakers, vacu-maid, and extensive storage

• Automated Blinds in Kitchen / living area

• Automated Sun Louves

• 15.84kW 3 Phase Solar System

• Mistaway automated Midge and Mosquito system

Nestled within an exclusive Broadbeach Waters cul-de-sac, this property is moments from golden beaches, world-class dining and shopping at Broadbeach and Surfers Paradise, and the premier boutiques of Capri on Via Roma. Elite schools including TSS and St Hilda's are within a short drive, while Pacific Fair, Star Casino, and waterfront parklands are all close at hand. This is the ultimate address for those seeking a luxury lifestyle in the heart of the Gold Coast.

Contact Jamie Harrison on 0424 965 891 today and Mitch Palmer on 0402 467 899.

Listing description written by Jamie Harrison, Kollosche — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Fully Fenced
  • Outside Spa
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Solar Panels
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.