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QLD › Eli Waters › Waterside Way

3 Waterside Way, Eli Waters QLD 4655

For saleHouse for Sale

$899,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

686 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $899,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $899,000(Listing record · 28 Aug 2026)
  • CalculationLand 686 m² against a 140 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 11% above the Eli Waters median recorded sale ($807,500, n=58, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Eli Waters's advertised median rent ($603/wk), implied gross yield would be 3.49% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$899,000

Asking · $1,310/m² of land

No recorded sale for this property.

Eli Waters at a glance

4,978

People

$807,500

Median sale

$603/wk

Median rent

3.88%

Suburb gross yield

Median sale from 58 recorded sales (last 12 months) — a Districts calculation.

See the full Eli Waters report →

Vs Eli Waters

+11.3%

Median sale

Suburb $807,500

-0.39 pp

Gross yield

Suburb 3.88%

Suburb median $807,500 from 58 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$899,000
Stamp Duty (Queensland)
$33,480
Transfer/Registration Fee
$3,600
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
$939,780

$40,780 on top of the price (4.5% 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 Eli Waters's advertised median rent — not a rent for this listing.

Net yield
1.99%
Annual cashflow (pre-tax)
$-28,877
Interest cover (DSCR)
0.38
Annual rent
$31,356
Operating expenses
$13,485
Loan amount
$719,200
Annual interest
$46,748
Gross yield
3.49%

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$899,000available28 Aug 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 $603/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 3.5%. 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

Eli Waters in one glance

Eli Waters at a glance

4,978

People

$807,500

Median sale

$603/wk

Median rent

3.88%

Suburb gross yield

Median sale from 58 recorded sales (last 12 months) — a Districts calculation.

See the full Eli Waters report →

Keep researching

  • Why Eli Waters? Read the area thesis →
  • What else is on the market in Eli Waters →
  • Other records on Waterside Way →

Listing material

Listed by The McGill Group

Leafy Outlook, Poolside Living and No Homes Directly Opposite

Some homes win you over with what is there. This one begins with what is not.

With no houses directly opposite, 3 Waterside Way enjoys a leafy, open outlook that gives the front of the property a more relaxed feel. It is a refreshing first impression and a lovely sight to come home to each day.

The four-bedroom, two-bathroom home gives everyday life room to flex. There is space for family, visiting guests, hobbies or a dedicated work-from-home setup without everyone having to reshuffle each time plans change.

Read the full description

When the Queensland summer arrives, the swimming pool becomes part of the daily rhythm. Morning swims, relaxed afternoons and weekends spent at home suddenly sound considerably more appealing.

A solar PV system adds practical value, bringing another useful layer of household efficiency, while two-car accommodation helps keep daily arrivals, departures and vehicle storage straightforward.

Eli Waters places local shopping within a short drive, with Stockland Hervey Bay, the medical precinct, schools, beaches and the Esplanade all readily accessible. You can enjoy a leafy outlook at home without giving up the convenience that makes daily life easier.

For buyers seeking four-bedroom space, a pool, solar and a more open outlook than the usual suburban streetscape, this property deserves a closer look.

KEY FEATURES:

• Leafy outlook with no houses directly opposite

• Four bedrooms offering flexibility for family, guests or working from home

• Two bathrooms for greater everyday convenience

• Two-car accommodation

• Swimming pool for relaxed summer living

• Solar PV system

• Convenient access to Eli Waters Shopping Centre

• Short drive to Hervey Bay's major retail, medical and coastal destinations

PROXIMITY:

• Eli Creek and Point Vernon foreshore access: Approx. 7.4km or 11 minutes

• Hervey Bay Hospital: Approx. 5.7km or 9 minutes

• St Stephen's Hospital: Approx. 5.9km or 9 minutes

• Stockland Hervey Bay: Approx. 5.7km or 9 minutes

• Urangan Pier: Approx. 13km or 19 minutes

• Hervey Bay Airport: Approx. 15.3km or 20 minutes

• Eli Waters Shopping Centre: Approx. 3.4km or 6 minutes

• Bundaberg CBD: Approx. 117km or 1 hour 35 minutes

• Brisbane CBD: Approx. 284km or 3 hours 45 minutes

FAQ'S:

• Bedrooms: 4

• Bathrooms: 2

• Toilets: 2

• Garage/Car Accommodation: 2-car accommodation

• Building Size: 140m2

• Land Size: 686m2

• Year Built: 2021

SUBURB HIGHLIGHTS:

Eli Waters offers convenient access to local shopping, schooling options, Hervey Bay's hospital precinct and the wider CBD, while the beaches and Esplanade remain within an easy drive. It suits buyers who want practical everyday convenience without moving away from the relaxed coastal lifestyle Hervey Bay is known for.

Hervey Bay Hospital is currently undergoing a multi-project expansion designed to provide greater access to medical and emergency care closer to home. Over the rolling five-year period ending August 2026, the median value of houses in Eli Waters increased by 80.99%, according to Onthehouse. This represents historical performance and should not be taken as a guarantee of future growth.

CALL ONE OF HERVEY BAY'S TOP REAL ESTATE AGENTS, JASMINE CORRICK TO ARRANGE AN INSPECTION OR ENQUIRE ONLINE TO HAVE THE PROPERTY DISCLOSURES AND OPEN HOME TIMES EMAILED TO YOU WITHIN 5 MINUTES

Listing description written by Jasmine Corrick, The McGill Group — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Toilets: 2
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.