Palm Cove at a glance
2,803
People
$1,230,000
Median sale
$676/wk
Median rent
2.86%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
$599,000
For sale
Asking
2
Bedrooms
1
Bathrooms
1
Car spaces
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
No recorded sale for this property.
Palm Cove at a glance
2,803
People
$1,230,000
Median sale
$676/wk
Median rent
2.86%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Palm Cove
-51.3%
Median sale
Suburb $1,230,000
+3.01 pp
Gross yield
Suburb 2.86%
Suburb median $1,230,000 from 27 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 Palm Cove'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 $676/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 5.9%. 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
Palm Cove at a glance
2,803
People
$1,230,000
Median sale
$676/wk
Median rent
2.86%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Raine & Horne Palm CoveBeautifully renovated and exceptionally well presented, this private ground floor apartment offers a lifestyle that is becoming increasingly difficult to find in Palm Cove.
Positioned within an exclusive gated enclave of just eight residences, Apartment 2 enjoys a peaceful tropical setting where lush established gardens create a wonderful sense of privacy. Unlike many ground floor apartments, there is no constant pedestrian traffic passing your patio, allowing you to simply relax, entertain or enjoy your morning coffee surrounded by greenery.
At the heart of the home is a beautifully renovated kitchen that has been thoughtfully designed with quality finishes throughout. Stone benchtops, quality appliances, generous storage, modern black tapware and a breakfast bar combine to create a space that is as practical as it is stylish.
Plantation shutters throughout the apartment add timeless elegance while perfectly complementing our tropical lifestyle, allowing cooling breezes, natural light and complete privacy whenever you choose.
The open plan living and dining area flows effortlessly onto the covered outdoor entertaining area, blurring the line between inside and out and creating the relaxed lifestyle Palm Cove is famous for.
Both bedrooms are generous in size with built-in robes and air conditioning, while the spacious bathroom offers a full-sized bath, separate toilet and adjoining internal laundry.
Just metres from the Coral Sea and only two streets from the iconic Palm Cove Esplanade, you'll enjoy morning walks along the beach, cafés, award-winning restaurants, boutique shopping and all that Palm Cove offers only moments from your front door.
Whether you're searching for your forever home, a tropical escape or a quality investment, this is one of those apartments that immediately feels welcoming. Beautifully cared for, thoughtfully renovated and positioned within a boutique complex where presentation truly matters, it is ready for its next chapter. All that's missing is someone to call it home.
Features You'll Love
• Beautifully renovated kitchen with stone benchtops and quality appliances
• Plantation shutters throughout
• Private ground floor position surrounded by lush tropical gardens
• Covered outdoor entertaining patio
• Open plan living and dining
• Air conditioning throughout
• Two generous bedrooms with built-in robes
• Spacious bathroom with separate toilet
• Internal laundry
• Boutique gated complex of only eight residences
• Remote security gate
• Resort-style swimming pool
• Dedicated car accommodation
• Beautifully maintained tropical gardens
• Just metres to the Coral Sea and two streets from Palm Cove Esplanade
THE FACTS
Body Corporate Fees: Approximately $10,000.02 per annum
Council Rates: Approximately $1,697.38 per half year
Water: Approximately $213.75 per half year plus usage.
Inspection by appointment
Listing description written by Susan Plummer, Raine & Horne Palm Cove — reproduced as published, not verified by Districts.