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 › Northwater Dr
$2,200,000
Last sold
17 Feb 2026
4
Bedrooms
3
Bathrooms
4
Car spaces
449 m²
Land
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
Last sold
$2,200,000
17 Feb 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
+33.3%
Median sale
Suburb $1,650,000
-0.66 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 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 $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.
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
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 Professionals Vertullo Real Estate Paradise PointExperience the essence of luxury waterfront living with this architecturally designed, north-east facing residence, perfectly positioned within the prestigious Cova Estate. Designed and built by Reef Sea Homes, this modern masterpiece blends elegant interiors with effortless functionality, creating the ultimate family retreat.
Step inside to discover soaring ceilings, light-filled interiors, and multiple living zones designed for family connection and effortless entertaining. A ground floor master suite complete with ensuite and the sleek designer kitchen with butler's pantry anchors the open-plan living area, flowing seamlessly to a covered alfresco zone. From here, step out to your private overwater deck and 10m pontoon, the perfect setting for morning coffees, sunset drinks, or launching straight onto the waterways.
Upstairs, a second luxurious master suite offers a private balcony and captivating water views, complemented by two additional bedrooms, a media room, and stylish bathrooms. Complete with ducted air conditioning, double garage, workshop space, and beautifully landscaped gardens, this home balances elegance with low-maintenance appeal.
With the sellers already committed elsewhere, this exceptional waterfront opportunity will be sold. Contact Gemma to organise an inspection today.
Property Features:
• North-east facing waterfront home on a low-maintenance 449sqm block within the prestigious Cova Estate
• Architecturally designed and built by Reef Sea Homes
• Expansive overwater deck and private 10m pontoon for direct water access
• Covered alfresco entertaining and BBQ area overlooking the water
• 4 oversized Bedrooms incl two luxurious master suites (one on the ground floor and one upstairs)
• Open-plan living and dining flowing seamlessly to outdoor entertaining
• Designer kitchen with butler's pantry, premium Miele appliances, plumbed fridge space and stone bench top
• Separate media room for family movie nights or quiet retreat
• Light-filled interiors with soaring ceilings and contemporary finishes
• Ducted air conditioning, ceiling fans, privacy blinds and quality fittings throughout
• Double garage with additional workshop and storage space
• Low-maintenance landscaped gardens for effortless living
• Quiet, family-friendly location surrounded by parks, waterways, marinas, world-class golf courses, schools, shopping, and dining precincts
• Access to exclusive Cova facilities including pool, gym, clubhouse and 5kms of walking and bike pathways
Listing description written by Gemma White, Professionals Vertullo Real Estate Paradise Point — reproduced as published, not verified by Districts.