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QLD › Paradise Point › Ephraim Island

29204 Ephraim Island, Paradise Point QLD 4216

For saleUnit

$1,110,000

For sale

$1,110,000

Last sold

2 Dec 2025

2

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 24 Aug 2026)
  • CalculationIf it leased at Paradise Point's advertised median rent ($847/wk), implied gross yield would be 3.97% — 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

$1,110,000

2 Dec 2025 · derived via latest_sale

Paradise Point at a glance

7,649

People

$1,755,000

Median sale

$847/wk

Median rent

2.51%

Suburb gross yield

Median sale from 66 recorded sales (last 12 months) — a Districts calculation.

See the full Paradise Point report →

Vs Paradise Point

-36.8%

Median sale

Suburb $1,755,000

+1.46 pp

Gross yield

Suburb 2.51%

Suburb median $1,755,000 from 66 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,110,000
Stamp Duty (Queensland)
$44,350
Transfer/Registration Fee
$4,578
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
$1,162,628

$52,628 on top of the price (4.7% 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 Paradise Point's advertised median rent — not a rent for this listing.

Net yield
2.47%
Annual cashflow (pre-tax)
$-30,326
Interest cover (DSCR)
0.47
Annual rent
$44,044
Operating expenses
$16,650
Loan amount
$888,000
Annual interest
$57,720
Gross yield
3.97%

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. Listedprice unknownavailable24 Aug 2026
  2. Sold$1,110,0002 Dec 2025
  3. Listedprice unknowncompleted20 Nov 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 $847/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

Paradise Point in one glance

Paradise Point at a glance

7,649

People

$1,755,000

Median sale

$847/wk

Median rent

2.51%

Suburb gross yield

Median sale from 66 recorded sales (last 12 months) — a Districts calculation.

See the full Paradise Point report →

Keep researching

  • Why Paradise Point? Read the area thesis →
  • What else is on the market in Paradise Point →
  • Other records on Ephraim Island →

Listing material

Listed by COASTAL ° Paradise Point

A Completely Renovated Sanctuary of Luxury and Style with Surfers Paradise views!

Auction In Rooms, Tuesday 22nd September at 11am, Coastal Office, 18 Grice Avenue, Paradise Point

Experience the perfect fusion of luxury, serenity and refined coastal living in this fully renovated two-bedroom residence, where every detail has been thoughtfully considered and finished to an exceptionally high standard. Positioned within Ephraim Island's sought-after Reserve Precinct, this sophisticated sanctuary offers a beautiful balance of style, space and effortless indoor-outdoor living.

This is a residence where the renovation, quality and attention to detail are immediately apparent. Offering a generous 174m²* floor plan, two bedrooms, two bathrooms, multiple living spaces and exceptional outdoor areas, this is island living elevated to a truly luxurious level.

Read the full description

• Generous 174m2* floor plan designed for comfort and space located on the second level in the "Reserve" Precinct

• Fully renovated throughout to an exceptionally high standard

• Two generous bedrooms, 2 bathrooms + additional family room

• Serene water views from your terrace across the Reserve inlet to lush bushland and out to Surfers Paradise

• Open-plan living and dining areas flowing seamlessly to the waterside balcony

• Versatile family room flowing seamlessly to a private northern balcony overlooking the manicured gardens

• Northern balcony overlooking beautifully manicured gardens

• Stunning kitchen with stone benchtops, fluted island bench, Smeg appliances including gas cooktop and integrated fridge/freezer

• Luxurious master suite with direct balcony access and stunning views over the Reserve to Surfers Paradise, complemented by a resort-style ensuite with deep soaking bath, double vanities and walk-in shower

• Spacious second bedroom with calming garden outlook

• Floor-to-ceiling stacking sliders to capture the cross breezes, connecting the Southern and Northern balconies for effortless flow-through living

• Timber look flooring throughout living areas complemented by plush new carpet to the bedrooms

• Ducted air-conditioning + ceiling fans throughout

• Secure parking for 2 cars plus storage shed

*Approx.

Ephraim Island is a highly sought-after prestige gated community with world-class facilities including 24-hour security, 2 outdoor pools, an indoor pool, spa, sauna, gym, superb grounds, restaurant and day spa. Just a short walk across the bridge you will find the Paradise Point Parklands, cafes, restaurants and shopping. Boating is dream with direct Broadwater access with no bridges.

Contact Shaun today to arrange your private inspection of this fabulous apartment!

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracy or misstatements that may occur. Prospective purchases should make their own enquiries to verify the information contained herein.

Listing description written by Shaun Kaddatz, COASTAL ° Paradise Point — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Floorboards
  • Gym
  • Intercom
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Shed

Also look at

Also for sale in Paradise Point

  • 4101 Ephraim Island, Paradise Point QLD 4216

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  • 5102 Ephraim Island, Paradise Point QLD 4216

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  • 9106 Ephraim Island, Paradise Point QLD 4216

    3-bed villa for sale. Currently listed.

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  • 30302 Ephraim Island, Paradise Point QLD 4216

    2-bed unit 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.

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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.