Palm Beach at a glance
18,887
People
$1,915,000
Median sale
$952/wk
Median rent
2.59%
Suburb gross yield
Median sale from 51 recorded sales (last 12 months) — a Districts calculation.
QLD › Palm Beach › Boodera Rd
For sale
For sale
17
Bedrooms
9
Bathrooms
9
Car spaces
1,060 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
No recorded sale price for this property yet.
Palm Beach at a glance
18,887
People
$1,915,000
Median sale
$952/wk
Median rent
2.59%
Suburb gross yield
Median sale from 51 recorded sales (last 12 months) — a Districts calculation.
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 $952/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
Palm Beach at a glance
18,887
People
$1,915,000
Median sale
$952/wk
Median rent
2.59%
Suburb gross yield
Median sale from 51 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by KolloscheExpressions Of Interest Closing 3 September at 5pm
A rare opportunity awaits in one of Palm Beach's most desirable coastal pockets, bringing together established holding income, a generous landholding and future development potential within easy reach of Tallebudgera Estuary and the beach.
Set across two adjoining titles spanning a combined 1,060m²*, with 38m* of frontage to Boodera Road, the property is currently home to two low-rise apartment buildings comprising nine tenanted units. The established rental income creates an attractive landbank opportunity while future plans are progressed.
Medium Density Residential zoning supports a range of future possibilities, from a landmark private residence to boutique multi-residential development. Current planning controls include a 9m building height, with any proposed variation to height and density limits subject to individual assessment and council approval.
Tallebudgera Estuary is around 300m* away, placing calm-water swimming, paddleboarding and waterfront walks within a short stroll, while the beach is 500m* down the road for morning swims, surfing and an easy connection to the vibrant Palm Beach lifestyle.
The Highlights:
- Combined 1,060m²* holding across two adjoining titles
- 38m* of frontage to Boodera Road
- Two existing low-rise apartment buildings comprising nine tenanted units
- Current tenancy schedule generates a combined rental income of $5,280 per week across nine units, equating to approximately $274,560 per annum
- Medium Density Residential zoning
- 9m building height (variations to height and density limits subject to individual assessment and council approval)
- Potential for a private residence, multiple dwellings, terrace homes and selected community or neighbourhood uses, subject to approval
- Around 300m* from Tallebudgera Estuary
- 500m* from the beach
Set within an established north Palm Beach neighbourhood where substantial adjoining holdings are increasingly scarce, the property is close to Palm Beach's cafes, restaurants, shops and everyday amenities. Burleigh Heads, the Gold Coast Highway, public transport, the M1 and Gold Coast Airport are also within easy reach.
Arrange your private inspection with Corey Eleveld on 0438 986 916 or James Roberts on 0432 839 485.
*Approximate.
Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
Listing description written by James Roberts, Kollosche — reproduced as published, not verified by Districts.