Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

QLD › Banksia Beach › The Promontory

29 The Promontory, Banksia Beach QLD 4507

House

$2,000,000

Last sold

16 Sept 2025

5

Bedrooms

2

Bathrooms

3

Car spaces

934 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $2,000,000 (16 Sept 2025).(Recorded sale)
  • FactLand 934 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Banksia Beach (last 5 years) with land size: median $1,758/m² of land (n=132). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$2,000,000

16 Sept 2025 · derived via latest_sale

Local land rate: recorded House sales in Banksia Beach (last 5 years) with land size have a median of $1,758/m² of land (n=132). Districts calculation from recorded sales — not a valuation.

Banksia Beach at a glance

7,432

People

$1,350,000

Median sale

$627/wk

Median rent

2.42%

Suburb gross yield

Median sale from 89 recorded sales (last 12 months) — a Districts calculation.

See the full Banksia Beach report →

Vs Banksia Beach

+48.1%

Median sale

Suburb $1,350,000

-0.79 pp

Gross yield

Suburb 2.42%

Suburb median $1,350,000 from 89 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$2,000,00016 Sept 2025
  2. Listedprice unknowncompleted16 Mar 2025

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 $627/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

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

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

Banksia Beach in one glance

Banksia Beach at a glance

7,432

People

$1,350,000

Median sale

$627/wk

Median rent

2.42%

Suburb gross yield

Median sale from 89 recorded sales (last 12 months) — a Districts calculation.

See the full Banksia Beach report →

Keep researching

  • Why Banksia Beach? Read the area thesis →
  • What else is on the market in Banksia Beach →
  • Other records on The Promontory →

Listing material

Listed by NGU Real Estate Brisbane

Experience the Ultimate in Luxurious Waterfront Living on the Canals of Banksia Beach

Enquire now to arrange a private inspection.

Breathtaking views & memorable experiences await. Discover the epitome of refined living at 29 The Promontory, one of the upmost prestigious addresses in Banksia Beach.

This exquisite five-bedroom residence offers an unmatched lifestyle, perfectly suited for couples, through to small to large families seeking a harmonious blend of elegance and comfort. Boasting two well-appointed bathrooms and three spacious garages, this home provides ample space for all your needs.

Read the full description

The property, built in 2006, showcases timeless design and quality craftsmanship that stands the test of time. Step inside to experience the grandeur of open-plan living spaces that seamlessly flow into the outdoor entertaining spaces and luxury inground infinity edge pool create an idyllic setting for relaxation and entertaining guests. Enjoy serene water views offering a tranquil escape from everyday life.

Banksia Beach is renowned for its picturesque surroundings and vibrant community atmosphere. Take advantage of nearby parks, pristine beaches, and recreational facilities that cater to an active lifestyle. With premium schools such as Banksia Beach State School within easy reach, this location is ideal for families prioritizing education. Don't miss your chance to own a piece of paradise in this sought-after locale—act now to arrange an inspection to secure this remarkable property.

Key aspects & lifestyle of living on the canal.

Pontoon with fixed fender. This replaces the traditional hanging fenders. Fixed fenders protect the boat from rubbing & bumping, when approaching the pontoon, or when tied up.

Easy access to Pumistone Passage - no bridges to fit under, & wide deep canals mean you can go out on any tide.

Access to day trips to Tangalooma on Moreton Island and easy run down to Scarborough for lunch, evening drinks anchored up near White Patch to watch the sunset & the dolphins, turtles, & dugongs which often appear.

Easy run out to Moreton Island for some fishing, or whale watching.

Excitement of dolphins cruising past your back door, or dropping a line in off your own pontoon.

These are just a few of the thrills that canal living brings.

Standout property features include :

Grand entry with huge double front doors

Exclusive views to the canal

Meticulous design with ample natural light & air flow

High ceilings

Plantation shutters throughout

Open air atrium with water feature surrounded by glass & louvres

Spacious kitchen with great storage & servery window

Open plan dining/living & lounge all with views to the canal

Master retreat with walk in robe, ensuite overlooking pool & canal

Three additional king size bedrooms with wardrobes & fans

Work from home in a very generous size study/office (or 5th bedroom)

Grand under cover outdoor area for the BBQ's & gatherings

Timber deck for entertaining or relaxing on the sunbathing chairs

Stunning infinity edge in ground pool overlooking canal

12 metre pontoon with power & water

Approx. 13Kw Solar Power System

Automatic irrigation system throughout lawn & gardens

3000L water tank with pressure pump

Oversize triple garage with epoxy flooring & built in storage

Disclaimer:

All information contained herein is gathered from sources we consider to be reliable however we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.

Listing description written by Chris Foenander, NGU Real Estate Brisbane — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Built-in Robes
  • Courtyard
  • Fully Fenced
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Rumpus Room
  • Secure Parking

Also look at

Also for sale in Banksia Beach

  • 5 The Landing, Banksia Beach QLD 4507

    4-bed house for sale. Currently listed.

    For sale
  • 32 The Promontory, Banksia Beach QLD 4507

    4-bed house for sale. Currently listed.

    For sale
  • 13 The Landing, Banksia Beach QLD 4507

    6-bed house for sale. Currently listed.

    For sale
  • 27 Caltowie Ave, Banksia Beach QLD 4507

    2-bed house for sale. Currently listed.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.