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QLD › Palm Cove › Savannah St

3 Savannah St, Palm Cove QLD 4879

For saleHouse for Sale

$1,070,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

800 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,070,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,070,000(Listing record · 9 June 2026)
  • FactLand 800 m²; no building size recorded.(Property record)
  • CalculationAsk is 13% below the Palm Cove median recorded sale ($1,230,000, n=27, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Palm Cove's advertised median rent ($676/wk), implied gross yield would be 3.29% — 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

$1,070,000

Asking · $1,338/m² of land

No recorded sale for this property.

Palm Cove at a glance

2,803

People

$1,230,000

Median sale

$676/wk

Median rent

2.86%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Palm Cove report →

Vs Palm Cove

-13.0%

Median sale

Suburb $1,230,000

+0.43 pp

Gross yield

Suburb 2.86%

Suburb median $1,230,000 from 27 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,070,000
Stamp Duty (Queensland)
$42,050
Transfer/Registration Fee
$4,392
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
$1,120,142

$50,142 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 Palm Cove's advertised median rent — not a rent for this listing.

Net yield
1.79%
Annual cashflow (pre-tax)
$-36,538
Interest cover (DSCR)
0.34
Annual rent
$35,152
Operating expenses
$16,050
Loan amount
$856,000
Annual interest
$55,640
Gross yield
3.29%

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. Listed$1,070,000available9 June 2026

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 $676/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

Gross yield if leased at the suburb aggregate is 3.3%. 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

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

Palm Cove in one glance

Palm Cove at a glance

2,803

People

$1,230,000

Median sale

$676/wk

Median rent

2.86%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Palm Cove report →

Keep researching

  • Why Palm Cove? Read the area thesis →
  • What else is on the market in Palm Cove →
  • Other records on Savannah St →

Listing material

Listed by LJ Hooker Cairns Beaches

The Home That Ticks All the Boxes

Finding a home that truly ticks all the boxes is becoming increasingly rare. Four bedrooms, a dedicated media room, multiple living areas, a resort-style pool, wide side access and a powered shed—all set on a generous block in a peaceful, private cul-de-sac just minutes from the beach.

Hidden amongst lush tropical gardens and thoughtfully designed to embrace Far North Queensland’s relaxed way of life, this spacious family retreat offers a true sense of privacy and tranquillity. Whether you’re entertaining loved ones or simply enjoying the quiet surrounds, this is a home where everyday living feels like a holiday.

At the heart of the home, a beautifully appointed kitchen overlooks the dining and living zones, allowing the home chef to remain connected with family and guests. Stone benchtops, quality appliances, generous storage and a large island bench make everything from busy school mornings to weekend gatherings effortless.

Read the full description

Expansive windows invite natural light inside while framing leafy tropical outlooks, creating a calming connection with the outdoors. Open-plan living flows seamlessly onto the covered alfresco, where gentle breezes and peaceful garden surrounds encourage you to slow down and savour every moment. Whether it’s a quiet morning coffee, an afternoon with a book or entertaining friends over a barbecue, every space has been designed to make the most of its private setting.

Outside, lush established gardens envelop a resort-style swimming pool, creating your own secluded oasis. Protected by a shade sail and framed by leafy mountain views, this tranquil outdoor retreat offers the perfect place to cool off on a warm afternoon, unwind after a busy day or simply enjoy the serenity that surrounds you.

The thoughtfully designed floorplan includes four generous bedrooms plus a separate study, offering flexibility for growing families, professionals working from home or those seeking additional space. The privately positioned master suite provides a peaceful retreat complete with a walk-in robe, luxurious ensuite featuring double vanities and an indulgent spa bath.

Wide side access provides ample room for a boat, caravan and trailer, while the powered shed offers valuable storage, workshop space or the perfect place to pursue hobbies and projects.

Perfectly positioned close to schools, shopping centres, beaches, Cairns Airport and the gateway to Port Douglas, this exceptional residence delivers the ideal balance of privacy, lifestyle and convenience—offering a peaceful sanctuary without compromising on accessibility.

Listing description written by Nick Pelucchi, LJ Hooker Cairns Beaches — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Fully Fenced
  • Outdoor Entertaining
  • Pay TV
  • Pool
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Shed
  • Solar Panels
  • Study

Also look at

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  • U3, 137 Williams Esplanade, Palm Cove QLD 4879

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  • 1202/2-22 Veivers Rd, Palm Cove QLD 4879

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Districts

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

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