Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

QLD › River Heads › Watermans Way

32 Watermans Way, River Heads QLD 4655

House

$1,210,000

Last sold

4 Nov 2024

4

Bedrooms

3

Bathrooms

5

Car spaces

2,068 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,210,000 (4 Nov 2024).(Recorded sale)
  • FactLand 2,068 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in River Heads (last 5 years) with land size: median $631/m² of land (n=91). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,210,000

4 Nov 2024 · derived via latest_sale

Local land rate: recorded House sales in River Heads (last 5 years) with land size have a median of $631/m² of land (n=91). Districts calculation from recorded sales — not a valuation.

River Heads at a glance

2,324

People

$842,000

Median sale

$603/wk

Median rent

3.72%

Suburb gross yield

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

See the full River Heads report →

Vs River Heads

+43.7%

Median sale

Suburb $842,000

-1.13 pp

Gross yield

Suburb 3.72%

Suburb median $842,000 from 58 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$1,210,0004 Nov 2024
  2. Listedprice unknowncompleted27 Aug 2024

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

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

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

River Heads in one glance

River Heads at a glance

2,324

People

$842,000

Median sale

$603/wk

Median rent

3.72%

Suburb gross yield

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

See the full River Heads report →

Keep researching

  • Why River Heads? Read the area thesis →
  • What else is on the market in River Heads →
  • Other records on Watermans Way →

Listing material

Listed by Carter Cooper Realty

Luxury Resort Style Dual living Home

Welcome to 32 Watermans Way, River Heads - where luxury meets coastal living in this newly built, quality-crafted home.

Set on a sprawling half-acre block, this stunning residence is a true testament to modern design, blending comfort, elegance, and functionality. Complete with a self-contained granny flat and ample shed space - be sure to add this one to your inspection list!

From the moment you step inside, you'll be captivated by the open floor plan that seamlessly integrates indoor and outdoor living spaces. The home is bathed in natural light, thanks to expansive windows that frame the breath-taking ocean views. The living and dining areas flow effortlessly into the gourmet kitchen, which is a chef's dream, complete with top-of-the-line appliances, sleek cabinetry, and high-end fixtures that add a touch of sophistication to everyday living.

Read the full description

This home is designed for those who love to entertain. The outdoor spaces are an entertainer's paradise, offering multiple zones for relaxation and gatherings. Imagine hosting family and friends on your expansive deck, enjoying alfresco dining with the ocean as your backdrop, or lounging by the sparkling magnesium pool on a warm summer day. The outdoor areas are thoughtfully designed to make the most of the coastal breeze and stunning views, creating a perfect setting for both intimate and large-scale gatherings.

In addition to the main residence, the property includes a separate 1-bedroom granny flat, ideal for guests, extended family, or even as a potential rental income. The property also features a huge 3 bay shed, providing ample storage for boats, caravans, or any other toys you might have. Whether you're a hobbyist or simply in need of extra space, this shed is a valuable addition to the property.

Located just moments from the ocean, 32 Watermans Way offers a unique opportunity to live the coastal lifestyle you've always dreamed of. With its perfect blend of luxury, practicality, and unbeatable location, this home is more than just a place to live-it's a place to thrive.

Property Features

- Newly built 3 bedroom home

- Master complete with luxurious ensuite and walk in robe

- All three rooms have sliding doors / access to patios

- Generous open plan living

- Gourmet chefs kitchen with spacious walk in panty, dishwasher, two Neff ovens and a wine fridge

- Walk in linen cupboard

- Ducted air conditioning, ceiling fans and plantation shutters throughout the home

- Seamless indoor / outdoor living areas with breath-taking ocean views

- Sparkling magnesium inground pool

- Additional self contained granny flat with kitchenette, microwave, dishwasher, air-conditioning and bathroom

- Outdoor BBQ area on the large timber deck complete with gas cooktop, oven and fridge

- 2068sqm fenced block

- 2 car garage with epoxy flooring & shelving

- Additional 3 bay shed with power, complete with a wash room

- Solar panels

- Moments away from River heads boat ramp & shops

- Short drive to Hervey Bay CBD & beach

Don't miss out on this rare opportunity to own a piece of paradise - Contact Kim Carter today to arrange a viewing and experience the magic of 32 Watermans Way, River Heads for yourself!

Listing description written by Kim Carter, Carter Cooper Realty — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Cooling
  • Fully Fenced
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Shed
  • Solar Panels
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.