Hope Island at a glance
19,037
People
$1,650,000
Median sale
$842/wk
Median rent
2.65%
Suburb gross yield
Median sale from 73 recorded sales (last 12 months) — a Districts calculation.
QLD › Hope Island › Glengallon Way
$1,860,000
Last sold
31 July 2026
4
Bedrooms
3
Bathrooms
2
Car spaces
401 m²
Land
Districts View
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
Last sold
$1,860,000
31 July 2026 · derived via latest_sale
Local land rate: recorded House sales in Hope Island (last 5 years) with land size have a median of $2,735/m² of land (n=45). Districts calculation from recorded sales — not a valuation.
Hope Island at a glance
19,037
People
$1,650,000
Median sale
$842/wk
Median rent
2.65%
Suburb gross yield
Median sale from 73 recorded sales (last 12 months) — a Districts calculation.
Vs Hope Island
+12.7%
Median sale
Suburb $1,650,000
-0.30 pp
Gross yield
Suburb 2.65%
Suburb median $1,650,000 from 73 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
City Plan
Zone
Special purpose, Special development areas precinct
Special purpose, Special development areas precinct
Jurisdiction
City of Gold Coast
Gold Coast, QLD
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
QLDZoned Special purpose, Special development areas precinct (City Plan). Official parcel area about 403 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.
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
No advertised rent is recorded. Suburb median rent $842/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.
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
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Special purpose, Special development areas precinct (City Plan). Official parcel area about 403 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
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?
KnownmediumNo 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
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Hope Island at a glance
19,037
People
$1,650,000
Median sale
$842/wk
Median rent
2.65%
Suburb gross yield
Median sale from 73 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ivy RealtyNorth Facing Waterfont Gem - Hope Island Resorts (Gracemere)
Nestled within the prestigious neighborhood of Hope Island Resorts in the Gracemere estate, 2243 Glengallon Way offers a harmonious blend of elegance, comfort, and tranquility. This captivating property embodies the essence of modern luxury living, set against the backdrop of the undisputed serene north facing water views.
The residence showcases modern architectural elements, with clean lines, bifold doors that seamlessly integrates indoor and outdoor spaces. Step into the spacious living areas adorned with tasteful finishes and an open layout, providing an inviting ambiance for relaxation or entertainment.
The gourmet kitchen is a chef's delight with spacious pantry storage space and featuring state-of-the-art appliances, sleek cabinetry, and ample counter space. It's perfect for culinary enthusiasts and hosting gatherings.
The property boasts generously sized bedrooms, including a master suite that exudes comfort and sophistication. The en-suite bathrooms offers clean finishes and elegant fixtures.
A dedicated space allows for a private study or home office, providing a tranquil environment for work or creativity. Enjoy the outdoors in style with a landscaped garden, pool & a 10m pontoon for all your boating needs.
The property includes a spacious 2 car garage with room for an additional golf buggy an absolute must when living in the Hope Island Resorts. Lots of additional storage space in the garage. Residents have access to the community's exclusive amenities, which includes parks, swimming pool, BBQ areas, walking trails, recreational facilities, and more.
Property Specifications:
• Effortlessly elegant double-storey waterfront entertainer boasting North facing aspects
• 401m2 block with approx 10m water frontage, situated in the gated and prestigious Gracemere Estate
• Impeccably presented and light-filled, showcasing quality finishes and soothing neutral interiors
• Near New Carpets and Sheer Curtains
• Contemporary kitchen with premium appliances
• Open plan living and dining zone flows freely outdoors
• Spacious and sophisticated master suite featuring balcony access with undeniable serene views
• Two additional bedrooms on the first floor with Jack & Jill bathroom
• First floor living area perfect for relaxation or entertainment.
• Swimming pool with tranquil water views
• Easy-care gardens
• 10m Pontoon, providing bridge free access to the Broadwater and ocean
• Double car garage with buggy parking and ample of storage spaces
• 24/7 gated security of Hope Island Resorts
• Easy access to three championship golf courses
• Close to exceptional schools, Hope Island Shopping Centre and Hope Island Marketplace
• FIRB approved resort and available for foreign investment.
This home is one of a kind, for more information or to secure your own piece of paradise, please contact Dhi Vig now on 0402 401 888 !
Disclaimer: * = Approx. The above information has not been verified. We advise you to confirm the accuracy of details before entering a contract. Ivy Realty. and its employees cannot be held responsible for any inaccurate details supplied here. Buyer/s must do their own due diligence regarding drawings, floor plans, council approval and measurements etc. these have not been verified by Ivy Realty.
Listing description written by Dhi Vig, Ivy Realty — reproduced as published, not verified by Districts.
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