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QLD › Broadbeach Waters › Flamingo Key

2 Flamingo Key, Broadbeach Waters QLD 4218

House

$1,705,000

Last sold

19 Nov 2024

3

Bedrooms

2

Bathrooms

2

Car spaces

584 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,705,000 (19 Nov 2024).(Recorded sale)
  • FactLand 584 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Broadbeach Waters (last 5 years) with land size: median $3,754/m² of land (n=102). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,705,000

19 Nov 2024 · derived via latest_sale

Local land rate: recorded House sales in Broadbeach Waters (last 5 years) with land size have a median of $3,754/m² of land (n=102). Districts calculation from recorded sales — not a valuation.

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

-33.1%

Median sale

Suburb $2,550,000

+1.27 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 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. Sold$1,705,00019 Nov 2024
  2. Listedprice unknowncompleted16 Oct 2024

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 $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.

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

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 Flamingo Key →

Listing material

Listed by John Reid Real Estate

East-facing with glistening water and city skyline views

Auction Location: On-site

Whether you're dreaming of an elegant renovation, an idyllic low-maintenance investment, or a new home build, this property offers the perfect foundation for your vision. Set on a generous 584m2 allotment, its desirable east-facing aspect showcases glistening water views and sparkling city skyline vistas, creating a stunning backdrop for relaxed waterfront living.

Currently featuring a low-maintenance single-level home, the property includes 3 bedrooms, 2 bathrooms, and an open-plan living and dining area. The spacious kitchen, with its servery window and breakfast bar, flows effortlessly to the waterfront entertaining spaces. Step outside to a covered alfresco patio, sun-soaked waterfront deck, and entertaining pavilion, accompanied by an open-air terrace and a large front yard - a serene and secure environment for children and pets.

Read the full description

With an unbeatable blend of lifestyle and location, this property is just minutes from The Star Casino, Pacific Fair, Oracle Boulevard's fine dining, and the iconic Gold Coast beaches. Seize the opportunity to own in this privileged waterfront setting.

Features include:

- Generous 584m2 waterfront block

- East-facing waterfrontage

- Skyline views

- A perfect canvas for your dream home

- 3 generous bedrooms with built-in robes

- 2 updated bathrooms (one with bathtub)

- Master bedroom with walk-in robe and ensuite bathroom

- Open-plan living, dining and kitchen opening onto alfresco area

- Generous kitchen with stone benchtops, breakfast bar, and servery window

- Sitting area/entry foyer

- Covered, waterfront entertaining terrace

- Waterfront dining pavilion

- Sun-soaked deck with water and skyline views

- Spacious, open-air patio

- Generous front yard/entry terrace

- Fully fenced property, serene and secure

- European style laundry

- Ample storage throughout

- Secure double carport

- Storage shed and garden shed

- Solar panels

- Only moments to the heart of Broadbeach, vibrant shopping and dining, Pacific Fair, The Star Casino and the beach.

Suburb profile:

The heart and soul of the Gold Coast. Home to world famous beaches, leafy parks, a multitude of dining, cafés and nightlife options, shopping mecca – Pacific Fair and The Star Casino. Broadbeach is within walking distance to everything – you won't need your car; Broadbeach Waters is perfect for those who like to live close to the 'action' but also far enough to enjoy a more quiet, tranquil location. The waterfront properties offer direct ocean access, ideal for water enthusiasts. Multiple Primary and Secondary schools and lots of great local gems provide a friendly community feel.

Disclaimer: Whilst every effort has been made to ensure the accuracy of the above and attached information, no warranty is given by the agent, agency or vendor as to their accuracy. Interested parties should not rely on this information as representations of fact but must instead satisfy themselves by inspection or otherwise. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Listing description written by Trent Reid, John Reid Real Estate — reproduced as published, not verified by Districts.

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.