Caravonica at a glance
2,676
People
$755,000
Median sale
$735/wk
Median rent
5.06%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
QLD › Caravonica › Lake Placid Rd
$620,000
Last sold
28 May 2024
6
Bedrooms
2
Bathrooms
1
Car spaces
1,031 m²
Land
245 m²
Building
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
$620,000
28 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Caravonica (last 5 years) with land size have a median of $847/m² of land (n=67). Districts calculation from recorded sales — not a valuation.
Caravonica at a glance
2,676
People
$755,000
Median sale
$735/wk
Median rent
5.06%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Vs Caravonica
-17.9%
Median sale
Suburb $755,000
+1.10 pp
Gross yield
Suburb 5.06%
Suburb median $755,000 from 26 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 $735/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
Caravonica at a glance
2,676
People
$755,000
Median sale
$735/wk
Median rent
5.06%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Twomey Schriber Property GroupOpportunities like this are so rare.
A large home or duplex style property with huge potential, AirBNB options to offset your income while residing in one or have as pure investment property. Also, suitable for the large family with multigenerational living and with a location like no other you'd be crazy not to make this property yours.
The property boasts six bedrooms, two bathrooms, open plan living and kitchen, laundry and is tiled and airconditioned throughout.
The front property is 3 bedrooms and is currently leased at $300 per week on a month-to-month basis, however the currental appraisal is $550.00 - $580.00 per week. The rear property is also 3 bedrooms and is currently vacant with an expected rental income between $550.00 - $580.00 per week. Both properties are separately metered for convenience.
Position yourself within a stone's throw to the Barron River, walking trails and only a few minutes' drive to the Cairns International and Domestic Airports, Cairns Esplanade, CBD and Hospital and centrally located to both the northern beaches and southern side of Cairns.
Be a part of the lifestyle that everyone is talking about and invest or position yourself in a highly sought after suburb!
With these two homes, both in excellent condition and offering self-contained living spaces, your investment potential here is boundless. The dual residences allow you to diversify your income streams while enjoying the perks of a highly desirable location, just a short distance to all that matters including shopping centres, schools and so much more.
Don't miss your chance to seize this investment dream, where not one but two homes promise a bright and profitable future. To arrange a viewing or discuss this outstanding opportunity further, contact Giles on 0438 572 936
Listing description written by Giles Lort-Phillips, Twomey Schriber Property Group — reproduced as published, not verified by Districts.