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QLD › Palm Cove › Triton St

224-225/5 Triton St, Palm Cove QLD 4879

For saleApartment

$749,000

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

127 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $749,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $749,000(Listing record · 27 June 2026)
  • FactLand 127 m²; no building size recorded.(Property record)
  • CalculationAsk is 39% below the Palm Cove median recorded sale ($1,230,000, n=27, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Palm Cove's advertised median rent ($676/wk), implied gross yield would be 4.69% — 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

$749,000

Asking · $5,898/m² of land

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.

See the full Palm Cove report →

Vs Palm Cove

-39.1%

Median sale

Suburb $1,230,000

+1.83 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.

Total cost to purchase

Purchase Price
$749,000
Stamp Duty (Queensland)
$26,730
Transfer/Registration Fee
$2,902
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
$782,332

$33,332 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 Palm Cove's advertised median rent — not a rent for this listing.

Net yield
3.19%
Annual cashflow (pre-tax)
$-15,031
Interest cover (DSCR)
0.61
Annual rent
$35,152
Operating expenses
$11,235
Loan amount
$599,200
Annual interest
$38,948
Gross yield
4.69%

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$749,000available27 June 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 $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.

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 4.7%. 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

Palm Cove in one glance

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.

See the full Palm Cove report →

Keep researching

  • Why Palm Cove? Read the area thesis →
  • What else is on the market in Palm Cove →
  • Other records on Triton St →

Listing material

Listed by Paradise Property Group QLD

LUNA | Palm Cove

Considered by many to be Palm Cove's premier five-star beachfront resort, Sea Temple is renowned for its expansive lagoon-style pools, spacious luxury apartments, and direct access to the golden sands of Palm Cove Beach recently crowned "The Best Beach in the World". A favourite among both owner-occupiers and holidaymakers, Sea Temple offers a rare combination of resort-style luxury and genuine residential comfort. The generously proportioned apartments, unbeatable beachfront location, and relaxed tropical atmosphere create a lifestyle where every day feels like a holiday. It's little wonder so many people arrive as guests and leave wishing they could call Sea Temple home.

The style of this apartment is truly unique, blending the bold sophistication of contemporary Melbourne design with the warmth and character of Mediterranean-inspired living. Widely regarded as the most sought-after floor plan in the resort, this versatile two-bedroom dual-key apartment offers exceptional lifestyle flexibility and income potential. The current owners comfortably occupy the main residence while regularly leasing the self-contained studio, effectively offsetting their living costs. Alternatively, the studio provides the perfect private retreat for visiting family and friends, making this an outstanding opportunity for owner-occupiers and investors alike.

STAND OUT FEATURES

Read the full description

- LUNA – Mediterranean-inspired luxury by the sea.

- Direct access to the "Best Beach in the World" Conde Nast Traveller.

- Private outlook with views across the resort, pool bar and tropical gardens.

- Most sought-after and in demand floor plan and layout at Sea Temple Resort.

- Versatile two-bedroom dual-key apartment allows the current owners to live rent free and cover all expenses.

- Sophisticated contemporary Melbourne design features fused with the warmth and character of Mediterranean Lifestyle.

- Entertainers Single Wall/Straight Kitchen and Dining Room with endless counter space, natural stone feature benchtops and Mediterranean inspired tiled splash back, updated appliances with extensive storage and cabinet space including chef's wall oven and pantry.

- Spacious Lounge Area & Media Zone with Entertainers Cocktail Bar and large built-in storage cupboard with bi fold doors (perfect for Library Collection or Hobby Space).

- Large Balcony Alfresco Dining & Entertainment Area with outdoor counter and storage bench perfect for barbeque, champagne pail and ice bucket. Bonus sliding Louvred Walls providing shade, outdoor fans and uninterrupted views across the resort.

- Luxurious 5 Star Resort Facilities with 24-hour concierge service, Accor Club Member benefits and discounts in award winning restaurant, lagoon pool bar, health spa, gymnasium and three oversized pools.

MAIN APARTMENT

- Primary Owners Suite with luxurious upholstered feature bedhead offering plenty of room for Super King Size Bed, large oversized bedside tables and plenty of additional bedroom furniture and walk through mirrored robes and dressing room.

- Owners Bathroom with Spa Bath, Rainwater Style Shower, Floating Vanity, Stone Bechtops, Mosaic Features Walls, Wall nut style cabinetry and travertine floor tile.

- Integrated Laundry, storage and linen room with travertine stone flooring and zoned ducted air-conditioning.

STUDIO APARTMENT

- Fully Self-Contained Studio Apartment with kitchenette, bar fridge, microwave, tea and coffee facilities makes it the perfect holiday hideaway or guest bedroom.

- Spacious Open Plan Bedroom Suite with bonus café bistro seating (office space WFH), and seamless access to the private balcony and alfresco that overlooks the resort.

- Luxury Bathroom with decadent stone benchtops, mosaic feature splash back, floating vanity, deep spa bath and shower.

ADDITIONAL STAND OUT FEATURES

- Secure underground parking with allocated car space, generous guest parking, EV charging station, bicycle storage and car wash bay.

- Direct elevator access to your floor with impressive open-air entrance foyer, views of the rainforest and cool breezes.

- Pet Friendly Resort and increasing number of owners who live full time at Sea Temple.

- Perfect Investment Opportunity. A Holiday Proposal and Forecast are available on request (leading independent professional holiday let management company).

- Recently refurbished and upgraded apartment with new fans, new LEDs, reupholstered bed heads, entry stone feature wall, new roller blinds, new tapware, new mirrored robes, and freshly painted throughout with statement feature walls.

Please call SEAN THORPE on 0431 052 490 or ANNA BATCH 0423 077 319 for more information or to book your very own private inspection.

* BEST OFFERS ON OR BEFORE 5.00 pm on Saturday 25th July 2026, unless the property is sold prior to this date. For more information, to pre-register, or to arrange your own private inspection please call SEAN THORPE on 0431 052 490 *

Disclaimer: All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.

Listing description written by Sean Thorpe, Paradise Property Group QLD — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Indoor Spa
  • Living Areas: 1
  • Outdoor Entertaining
  • Outside Spa
  • Pet-Friendly
  • In-Ground Pool
  • Remote Garage
  • Secure Parking

Also look at

Also for sale in Palm Cove

  • 204/6-8 Triton St, Palm Cove QLD 4879

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  • 220-221/5 Triton St, Palm Cove QLD 4879

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  • 109/6-8 Triton St, Palm Cove QLD 4879

    2-bed apartment. Asking $450K.

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  • 209/6-8 Triton St, Palm Cove QLD 4879

    2-bed apartment. Asking $550K.

    For sale
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.