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QLD › River Heads › Petrel Ave

35 Petrel Ave, River Heads QLD 4655

For saleHouse for Sale

$897,500

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

800 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $897,500 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $897,500(Listing record · 30 June 2026)
  • FactLand 800 m²; no building size recorded.(Property record)
  • CalculationAsk is 7% above the River Heads median recorded sale ($842,000, n=58, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at River Heads'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?

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

$897,500

Asking · $1,122/m² of land

No recorded sale for this property.

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

+6.6%

Median sale

Suburb $842,000

-0.23 pp

Gross yield

Suburb 3.72%

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

Total cost to purchase

Purchase Price
$897,500
Stamp Duty (Queensland)
$33,413
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
$938,213

$40,713 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 River Heads's advertised median rent — not a rent for this listing.

Net yield
1.99%
Annual cashflow (pre-tax)
$-28,776
Interest cover (DSCR)
0.38
Annual rent
$31,356
Operating expenses
$13,463
Loan amount
$718,000
Annual interest
$46,670
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$897,500available30 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 $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

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 Petrel Ave →

Listing material

Listed by Mitchell's Realty

Kick back and take in those views!

Welcome to this beautiful coastal retreat in the highly sought-after bayside community of River Heads, where elevated living, sea views and an enviable lifestyle combine to create the perfect place to call home. Positioned on a generous 805m2 allotment, this lovely steel-frame home has wonderful views across the Great Sandy Strait towards K'gari (Fraser Island), offering a relaxed coastal lifestyle that many only dream of.

Living here means having the best of both worlds. You'll be only minutes from the River Heads boat ramp and ferry services to world-famous K'gari, while also enjoying easy access to the Great Sandy Straits, the Mary River and the Susan River — a true paradise for boating enthusiasts, anglers, crabbers and nature lovers alike.

35 Petrel Avenue, River Heads, features: -

Read the full description

• An elevated 805m2 allotment, offering wonderful views across the Great Sandy Strait towards K’gari – Fraser Island

• A steel-frame home with high vaulted ceilings, completed in 2020

• Three generously sized bedrooms, each featuring ceiling fans, built-in wardrobes, and reverse cycle split system air-conditioning

• The main bedroom offers direct access to the deck and boasts a high vaulted ceiling, reverse cycle air-conditioning, a walk-in wardrobe, and an ensuite

• The bathroom includes a shower and a vanity, plus a separate toilet

• A modern kitchen offering ample bench and storage space plus a pantry

• Appliances include an electric cooktop with a rangehood, an oven, and a dishwasher, plus a tap located under the floor for refrigerators with plumbing provisions

• An open-plan living and dining area, complete with a high vaulted ceiling and reverse cycle split system air-conditioning

• An expansive covered outdoor entertainment deck offering a wonderful outlook towards K’gari – Fraser Island, complete with an insulated roof and shade blinds

• The laundry offers direct external access to the deck

• A high-entry 6m x 6m double-bay shed with power connected and 15-amp power outlets, plus a high-entry double carport positioned to the front of the home

• A substantial 13.2kW solar power system

• Established low-maintenance gardens plus a raised vegetable garden

Homes offering these features in this price range are always in high demand, so don’t miss this opportunity!

Contact our team now to arrange your private inspection or video call walk-through – you will only be disappointed if you miss this one …

NOTE: Property boundary lines are shown as approximate/indicative only in associated images – please refer to survey plans for full details.

DISCLAIMER: Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our vendors, and as such, Mitchells Realty makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, and some images may have been digitally enhanced for illustration and marketing purposes.

Listing description written by Scott & Katrina Mitchell, Mitchell's Realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Grey Water System
  • Living Areas: 2
  • Outdoor Entertaining
  • Shed
  • Solar Panels
  • 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.