Palmwoods at a glance
7,988
People
$1,200,000
Median sale
$884/wk
Median rent
3.83%
Suburb gross yield
Median sale from 90 recorded sales (last 12 months) — a Districts calculation.
$730,000
Last sold
25 Sept 2024
2
Bedrooms
1
Bathrooms
1
Car spaces
637 m²
Land
119 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
$730,000
25 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Palmwoods (last 5 years) with land size have a median of $1,370/m² of land (n=138). Districts calculation from recorded sales — not a valuation.
Palmwoods at a glance
7,988
People
$1,200,000
Median sale
$884/wk
Median rent
3.83%
Suburb gross yield
Median sale from 90 recorded sales (last 12 months) — a Districts calculation.
Vs Palmwoods
-39.2%
Median sale
Suburb $1,200,000
+2.47 pp
Gross yield
Suburb 3.83%
Suburb median $1,200,000 from 90 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 $884/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
Palmwoods at a glance
7,988
People
$1,200,000
Median sale
$884/wk
Median rent
3.83%
Suburb gross yield
Median sale from 90 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Amber Werchon Property Sunshine CoastAmber Werchon Property is delighted to present this charming 1960s worker's cottage, an ideal opportunity for astute investors looking to capitalize on a property brimming with potential.
Situated just behind the well-known Rick's Garage, this inviting 2-bedroom home sits on a 637m2 block zoned for medium density. The open-plan living area, polished timber floors, and bright, neutral décor create a warm and welcoming environment.
The property is perfectly positioned in the vibrant railway town of Palmwoods, within easy walking distance to the local bus and train stations, a diverse selection of eateries and coffee shops, and essential community amenities like schools, day care centers, and public sporting facilities. With the town's thriving business scene and a new large-chain supermarket potentially on the horizon, there's a steady demand for rental properties in the area.
Preliminary planning inquiries suggest the potential to subdivide the block, with options for:
2.73 to 4.56 one-bedroom dwellings
1.91 to 3.19 two-bedroom dwellings
1.42 to 2.36 three+ bedroom dwellings
Or a combination of the above configurations (STCA)
What We Love:
Light-filled and airy cottage with polished timber floors
2 bedrooms that are huge
Air-conditioned master bedroom, with security screens and ceiling fans throughout
Rental income of $650 per week with the original home retained.
Walking distance to train and bus stops, with quick access to the highway
Close proximity to schools, day care centers, and community sports facilities
For more information on planning possibilities or to arrange an inspection (by appointment only, as the property is tenanted), please be in touch.
Quay Ring Realty Pty Ltd and Smart Asset Homes Pty Ltd working in conjunction with Amber Werchon.
Listing description written by Rachael Allen, Amber Werchon Property Sunshine Coast — reproduced as published, not verified by Districts.
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