Cooloola Cove at a glance
2,994
People
$750,000
Median sale
$540/wk
Median rent
3.74%
Suburb gross yield
Median sale from 79 recorded sales (last 12 months) — a Districts calculation.
QLD › Cooloola Cove › Discovery Dr
$630,000
For sale
Asking
3
Bedrooms
1
Bathrooms
4
Car spaces
2,084 m²
Land
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
Asking
$630,000
Asking · $302/m² of land
No recorded sale for this property.
Cooloola Cove at a glance
2,994
People
$750,000
Median sale
$540/wk
Median rent
3.74%
Suburb gross yield
Median sale from 79 recorded sales (last 12 months) — a Districts calculation.
Vs Cooloola Cove
-16.0%
Median sale
Suburb $750,000
+0.72 pp
Gross yield
Suburb 3.74%
Suburb median $750,000 from 79 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$27,418 on top of the price (4.4% 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 Cooloola Cove'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 4.5%. 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
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
UnknownArea
Cooloola Cove at a glance
2,994
People
$750,000
Median sale
$540/wk
Median rent
3.74%
Suburb gross yield
Median sale from 79 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate GympieOpportunity Knocks – Spacious Family Home on 2,000m² with Large Shed.
If you've been searching for a property where you can roll up your sleeves, add value and create something special, then 31 Discovery Drive, Cooloola Cove deserves your attention.
Set on an almost level 2,000m² allotment, this solid lowset brick home offers plenty of space both inside and out. Featuring three bedrooms, a central bathroom and two separate living areas, there's ample room for families, while the covered rear verandah provides the perfect spot to relax and enjoy the peaceful surrounds.
Vehicle storage and workshop space are standout features of this property. In addition to the double lockup garage and double carport attached to the home, there's a substantial 9m x 6m lockup shed/workshop with a 9m x 3m verandah. The generous block provides excellent side access, making it easy to park caravans, trailers, boats or additional vehicles in the backyard.
The backyard is fully dog fenced, providing a secure space for children and pets to play while also offering peace of mind for pet owners.
While the home is in need of maintenance and updating, it presents an outstanding opportunity for a skilled tradesperson, handyman or renovator looking to unlock its potential. With solid bones, a practical floor plan and plenty of room to improve, the rewards are there for those prepared to put in the work.
Located in the popular coastal community of Cooloola Cove, you'll enjoy a relaxed lifestyle with local shopping, schools and boat ramps all within easy reach, while Rainbow Beach and Tin Can Bay are just a short drive away.
Property Features:
* Two separate living areas.
* Large rear verandah.
* Double lockup garage.
* 9m x 6m workshop with 9m x 3m verandah.
* Excellent side access to the backyard.
* Fully fenced back yard.
* Ideal project for a tradesperson, handyman or investor.
* Plenty of scope to renovate and add value.
Opportunities to secure a property with this combination of land size, shedding and renovation potential are becoming increasingly difficult to find. Bring your vision, your tools and your imagination this could be the project you've been waiting for.
Call Shellie Bennett on 0414 632 960 or Ian Partington on 0407 746 280.
Established in 1839, Elders Real Estate Australia boasts a legacy spanning 187 years. With a rich history of excellence and a track record of success, we pride ourselves on our award winning agency profile, which showcases over a century of combined experience in assisting our valued clients.
Our team is dedicated to delivering unparalleled service, leveraging our extensive knowledge and expertise to meet the unique needs of each individual we serve. Whether you're selling, buying, or investing in real estate, you can trust in our time tested tradition of professionalism, integrity, and results.
Listing description written by Ian Partington, Elders Real Estate Gympie — reproduced as published, not verified by Districts.
Nearby 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.