Tin Can Bay at a glance
2,402
People
$740,000
Median sale
$540/wk
Median rent
3.79%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
QLD › Tin Can Bay › Groper St
$949,000
For sale
Asking
$550,000
Last sold
12 May 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
506 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
Asking
$949,000
Asking · $1,875/m² of land
Last recorded sale $550,000 (12 May 2023).
Local land rate: recorded House sales in Tin Can Bay (last 5 years) with land size have a median of $973/m² of land (n=131). Districts calculation from recorded sales — not a valuation.
Tin Can Bay at a glance
2,402
People
$740,000
Median sale
$540/wk
Median rent
3.79%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Vs Tin Can Bay
+28.2%
Median sale
Suburb $740,000
-0.83 pp
Gross yield
Suburb 3.79%
Suburb median $740,000 from 41 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$43,263 on top of the price (4.6% extra)
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.
Pre-filled with Tin Can Bay's advertised median rent — not a rent for this listing.
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.
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 $540/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.
Gross yield if leased at the suburb aggregate is 3.0%. 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
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
Tin Can Bay at a glance
2,402
People
$740,000
Median sale
$540/wk
Median rent
3.79%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Century 21 At The BayThere is something special about waking up in Tin Can Bay, and even more so when you can step onto your back deck and take in the fresh coastal air. Positioned in a prime location close to the newly renovated Sleepy Lagoon Hotel, this home offers space and flexibility.
Upstairs, the home has a comfortable open-plan living and dining area that flows through to the new kitchen, complete with an electric cooktop. Step outside onto the back deck and the view immediately captures your attention, a wonderful place to enjoy your morning coffee, unwind at the end of the day or simply sit back and watch the changing colours across the Bay.
The upper level offers three bedrooms, all with fans and some with built-in robes, along with a bathroom and separate toilet.
Downstairs, the possibilities really open up. There is a fourth bedroom, bathroom, open-plan area and kitchenette, along with another room that could be used as a bedroom or office. This additional space gives the home plenty of flexibility for extended family, guests, working from home or simply having room to spread out.
The laundry is located in the storage area behind the double garage, with this separate area also enjoying its own courtyard.
Fully fenced and with two separate entries, the property also provides the option to utilise the home as an Airbnb, subject to the relevant requirements.
Property Features;
- Prime Tin Can Bay position
- Close to the newly renovated Sleepy Lagoon Hotel
- Upstairs with three bedrooms
- Bedrooms have fans, with some featuring built-in robes
- Upstairs bathroom with separate toilet
- Open-plan living and dining with Air-conditioning
- New kitchen with electric cooktop
- Large back deck with views across the Bay
- Downstairs fourth bedroom
- Downstairs bathroom
- Downstairs open-plan area with kitchenette and air-conditioning
- Additional room suitable as a bedroom or office
- Laundry located in the storage area behind the double garage
- Separate courtyard adjoining the storage/laundry area
- Double garage
- Fully fenced
- Two separate entries
- Potential to utilise the property as an Airbnb, subject to requirements
Imagine spending your afternoons on the back deck with family and friends or heading across the road for a meal or drink at the nearby Sleepy Lagoon Hotel, and enjoying everything the relaxed Tin Can Bay lifestyle has to offer.
Whether you're looking for a home with room for the family, somewhere to accommodate guests or a property with additional income potential, this one offers plenty of options in a wonderful position.
Properties offering this combination of space, flexibility and Bay views don't come along often. Call Paul Downman today on 0407 181 404 to arrange your inspection and see the possibilities for yourself.
Listing description written by Paul Downman, Century 21 At The Bay — reproduced as published, not verified by Districts.