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QLD › Craignish › Glenco Dr

26-30 Glenco Dr, Craignish QLD 4655

For saleRural Property

$1,150,000

For sale

Asking

4

Bedrooms

2

Bathrooms

6

Car spaces

2,874 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,150,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,150,000(Listing record · 25 Aug 2026)
  • FactLand 2,874 m²; no building size recorded.(Property record)
  • CalculationRecorded Rural Property sales in Craignish (last 5 years) with land size: median $135/m² of land (n=3). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 17% above the Craignish median recorded sale ($980,000, n=35, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Craignish's advertised median rent ($647/wk), implied gross yield would be 2.93% — 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

$1,150,000

Asking · $400/m² of land

No recorded sale for this property.

Local land rate: recorded Rural Property sales in Craignish (last 5 years) with land size have a median of $135/m² of land (n=3). Districts calculation from recorded sales — not a valuation.

Craignish at a glance

2,375

People

$980,000

Median sale

$647/wk

Median rent

3.43%

Suburb gross yield

Median sale from 35 recorded sales (last 12 months) — a Districts calculation.

See the full Craignish report →

Vs Craignish

+17.3%

Median sale

Suburb $980,000

-0.50 pp

Gross yield

Suburb 3.43%

Suburb median $980,000 from 35 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,150,000
Stamp Duty (Queensland)
$46,650
Transfer/Registration Fee
$4,764
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
$1,205,114

$55,114 on top of the price (4.8% 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 Craignish's advertised median rent — not a rent for this listing.

Net yield
1.43%
Annual cashflow (pre-tax)
$-43,406
Interest cover (DSCR)
0.27
Annual rent
$33,644
Operating expenses
$17,250
Loan amount
$920,000
Annual interest
$59,800
Gross yield
2.93%

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$1,150,000available25 Aug 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 $647/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 2.9%. 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

Craignish in one glance

Craignish at a glance

2,375

People

$980,000

Median sale

$647/wk

Median rent

3.43%

Suburb gross yield

Median sale from 35 recorded sales (last 12 months) — a Districts calculation.

See the full Craignish report →

Keep researching

  • Why Craignish? Read the area thesis →
  • What else is on the market in Craignish →
  • Other records on Glenco Dr →

Listing material

Listed by Ray Edward Real Estate

Elevated Craignish Living with Ocean Views

Positioned in one of Craignish's most sought-after elevated streets, this beautifully presented four-bedroom home combines space, functionality and relaxed coastal living with filtered ocean views and an impressive array of features.

Step inside and you'll immediately appreciate the sense of space, with a huge open-plan living area featuring polished timber floors and multiple sliding doors that seamlessly connect the indoors with the home's outstanding outdoor entertaining area.

The expansive 17m x 3.5m rear deck is a genuine highlight — an exceptional space for entertaining family and friends, enjoying the outlook or simply relaxing and taking advantage of the elevated position.

Read the full description

The updated kitchen is both stylish and practical, featuring stone benchtops and quality European appliances, while both bathrooms and the laundry have also been tastefully updated.

Accommodation is well catered for with four bedrooms and two bathrooms, making this an ideal home for families, couples wanting plenty of room for guests, or buyers looking for additional space to work from home.

Downstairs, the property continues to impress with a large storage and workshop area under the home, offering excellent versatility for the home handyman, hobbyist or anyone needing substantial additional storage.

Vehicle accommodation is exceptional, with a double garage incorporated into the home, dual driveways and an impressive 10m x 7m shed with 3.1m clearance — perfect for vehicles, boats, caravans, a workshop or additional storage.

Adding to the home's appeal are solar hot water and a 3.5kW solar electricity system, helping improve everyday efficiency.

Property highlights

Elevated position in one of Craignish's best streets

Filtered ocean views

Four spacious bedrooms

Two updated bathrooms

Huge open-plan living area

Beautiful polished timber floors

Updated kitchen with stone benchtops

European appliances

Multiple sliding doors opening onto the rear deck

Massive 17m x 3.5m entertaining deck

Updated laundry

Double garage integrated into the home

Large under-house storage/workshop area

Dual driveways

10m x 7m shed, 3.1m shed clearance

Solar hot water

3.5kW solar electricity system

This is a property that offers considerably more than meets the eye, combining elevated living, ocean outlooks, generous entertaining areas and exceptional vehicle, workshop and storage facilities.

Properties offering this combination of position, space and versatility are increasingly hard to find. An inspection is highly recommended to appreciate everything this Craignish home has to offer.

Listing description written by Chris Smith, Ray Edward Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Deck
  • Ensuites: 1
  • Living Areas: 1
  • Remote Garage
  • Shed
  • Toilets: 2
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.