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QLD › Pialba › Esplanade And 42 Watson St

258 Esplanade And 42 Watson St, Pialba QLD 4655

For saleHouse for Sale

$2,400,000

For sale

Asking

4

Bedrooms

2

Bathrooms

3

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,400,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,400,000(Listing record · 12 June 2026)
  • CalculationAsk is 198% above the Pialba median recorded sale ($805,000, n=54, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Pialba's advertised median rent ($603/wk), implied gross yield would be 1.31% — 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

$2,400,000

Asking

No recorded sale for this property.

Pialba at a glance

4,444

People

$805,000

Median sale

$603/wk

Median rent

3.90%

Suburb gross yield

Median sale from 54 recorded sales (last 12 months) — a Districts calculation.

See the full Pialba report →

Vs Pialba

+198.1%

Median sale

Suburb $805,000

-2.59 pp

Gross yield

Suburb 3.90%

Suburb median $805,000 from 54 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$2,400,000
Stamp Duty (Queensland)
$118,525
Transfer/Registration Fee
$10,584
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
$2,532,809

$132,809 on top of the price (5.5% 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 Pialba's advertised median rent — not a rent for this listing.

Net yield
-0.19%
Annual cashflow (pre-tax)
$-129,444
Interest cover (DSCR)
-0.04
Annual rent
$31,356
Operating expenses
$36,000
Loan amount
$1,920,000
Annual interest
$124,800
Gross yield
1.31%

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$2,400,000available12 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 $603/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 1.3%. 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

Pialba in one glance

Pialba at a glance

4,444

People

$805,000

Median sale

$603/wk

Median rent

3.90%

Suburb gross yield

Median sale from 54 recorded sales (last 12 months) — a Districts calculation.

See the full Pialba report →

Keep researching

  • Why Pialba? Read the area thesis →
  • What else is on the market in Pialba →
  • Other records on Esplanade And 42 Watson St →

Listing material

Listed by Carter Cooper Realty

Buy One or Secure Both - Esplanade Lifestyle, Income & Future Development Potential

A truly rare opportunity to secure a significant holding in one of Hervey Bay's most prominent waterfront locations. Positioned directly opposite the sparkling waters of Hervey Bay, buyers have the flexibility to purchase 258 Esplanade, Pialba, 42 Watson Street, Pialba or secure both properties as an exceptional combined holding.

Available separately or together, this unique offering combines premium coastal lifestyle, commercial and residential income potential, flexibility and future development opportunity.

Purchase both properties - Offers Over $2,400,000

Read the full description

Set across a substantial combined landholding of approximately 1,624sqm, with valuable frontage to both the Esplanade and Watson Street, this is a rare opportunity to secure a strategic blue-chip site in a tightly held waterfront precinct.

The Esplanade is one of Hervey Bay's most desirable addresses, offering an enviable coastal lifestyle with the beach, waterfront pathways, cafés, shopping, restaurants and Pialba CBD all within easy reach.

Zoned High Density Residential, the combined site provides significant long-term potential, with possible future redevelopment opportunities including multi-level residential development, potentially six storeys or more, subject to council approvals and planning requirements.

Whether you are seeking a waterfront residence, a commercial and residential investment, a live-and-work opportunity, or a strategic future development holding, this property package offers exceptional flexibility.

When purchased together, the opportunity includes:

Renovated waterfront residence with stunning bay views

Income potential from commercial premises and apartment

Valuable dual street frontage

1,624sqm combined landholding

High Density Residential zoning

Ability to live, lease, hold or develop (STCA)

258 Esplanade, Pialba

Experience waterfront living from this beautifully renovated coastal residence, positioned opposite the Hervey Bay foreshore on a substantial 1,219sqm allotment with approximately 20 metres of Esplanade frontage.

Designed to embrace its coastal setting, the home captures panoramic water views, refreshing sea breezes and an abundance of natural light. Featuring soaring ceilings, timber flooring, plantation shutters, a feature fireplace and expansive entertaining deck, the residence offers a relaxed yet sophisticated coastal lifestyle.

258 Esplanade Home Features:

Fully renovated waterfront residence

Magnificent ocean views and sea breezes

1,219sqm allotment with approximately 20m Esplanade frontage

Three bedrooms plus office

Master suite with walk-in robe and ensuite

Sunroom overlooking the water

Expansive entertaining deck

Timber flooring and soaring ceilings

Plantation shutters throughout

Feature fireplace

Two-bay shed with gazebo

Dual access from Esplanade and Watson Street

42 Watson Street, Pialba

Positioned directly behind the waterfront residence, 42 Watson Street offers a versatile commercial and residential opportunity ideal for business owners, investors or those seeking a live-and-work arrangement.

The lower level provides approximately 95sqm of office space with private offices, reception, open-plan workspace, air-conditioning and quality finishes. Upstairs, a modern furnished two-bedroom apartment provides additional accommodation and income potential.

Commercial & Residential Features:

Approximately 95sqm office space

Two private offices plus reception

Open-plan workspace

Air-conditioning and LED lighting

Furnished two-bedroom apartment upstairs

Off-street and undercover parking

Commercial and residential income potential

Secure Both - Future Potential

When purchased together, the combination of substantial landholding, dual street frontage, waterfront positioning and High Density Residential zoning creates an outstanding future opportunity.

This is a rare chance to secure a significant holding in one of Pialba's most sought-after coastal locations, offering immediate lifestyle and income benefits with the potential for future redevelopment (STCA).

With the flexibility to purchase 258 Esplanade, 42 Watson Street, or both properties together for Offers Over $2,400,000, opportunities of this scale and versatility along the Hervey Bay waterfront are rarely available.

For further information or to arrange your private inspection, contact Exclusive Listing Agents Kim Carter and Glen Winney today.

Listing description written by Kim Carter, Carter Cooper Realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Deck
  • Dishwasher
  • Outdoor Entertaining
  • Rumpus Room
  • Secure Parking
  • Shed
  • Study
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.