Palmview at a glance
8,350
People
$1,080,000
Median sale
$780/wk
Median rent
3.76%
Suburb gross yield
Median sale from 165 recorded sales (last 12 months) — a Districts calculation.
QLD › Palmview › Velvet Way
$950,000
Last sold
18 Dec 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
306 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
Last sold
$950,000
18 Dec 2025 · derived via latest_sale
Local land rate: recorded House sales in Palmview (last 5 years) with land size have a median of $2,944/m² of land (n=171). Districts calculation from recorded sales — not a valuation.
Palmview at a glance
8,350
People
$1,080,000
Median sale
$780/wk
Median rent
3.76%
Suburb gross yield
Median sale from 165 recorded sales (last 12 months) — a Districts calculation.
Vs Palmview
-12.0%
Median sale
Suburb $1,080,000
+0.51 pp
Gross yield
Suburb 3.76%
Suburb median $1,080,000 from 165 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $780/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
Palmview at a glance
8,350
People
$1,080,000
Median sale
$780/wk
Median rent
3.76%
Suburb gross yield
Median sale from 165 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Lifestyle Sippy DownsIntroducing 36 Velvet Way to the market, a charming home nestled within the tranquil surrounds of Palmview's esteemed Harmony Estate.
This delightful three-bedroom, two-bathroom home is an exceptional find, tailored to meet the aspirations of first-time buyers, astute investors, those seeking to downsize, and families longing for community-centric living.
Upon stepping through the front door, you are welcomed into a haven of embracing open-plan living which creates natural light at every turn, one of many benefits on this corner position.
The master suite, situated at the rear, offers a peaceful retreat complete with an oversized walk-in wardrobe, ensuite with his/hers sinks, air-conditioning for optimal comfort during the summer evenings and your private access to the alfresco.
Two additional bedrooms come furnished with built-in robes and ceiling fans, ensuring ample space and convenience for all residents. The contemporary colours embrace the modern property features, with sleek stone benchtops adorning the bathroom, which features a sizeable bath and corner shower.
The heart of the home is chef inspired kitchen - boasting a highset oven, built in microwave, electric cooktop, walk-in-pantry with an abundance of PowerPoints, stone benchtops and filtered kitchen tap.
Perfectly position from the expansive kitchen is a spacious living and dining area, which seamlessly transitions to the expansive outdoor entertainment area, which extends to the additional low-maintenance turf in your secure and private garden.
This is truly a rare opportunity to be in the heart of community living, while experiencing acreage style backdrops with the beautiful established tress from the untouchable nature corridor.
Property Features to love:
- 306m2 Corner allotment and neighbouring nature corridor
- 6m x 6m Double lock up garage
- 6.6w solar system
- Solar hot water
- 2550mm High ceilings
- Ceilings in all rooms and two split-system reverse cycle aircons
- Master-suite at the rear of the home, with walk-in-robe, ensuite with his/hers sink and private access to alfresco
- Additional two oversized bedrooms with robes and ceiling fans
- Open plan living with a state of art kitchen, features include electric oven, built-in microwave, walk-in-pantry with three powerpoints, stone bench tops, water filtered tap, abundance of storage
- Private outdoor entertainment, a great space for entertainment all summer long
- Main bathroom with bath, corner shower and separate toilet
- Expansive separate laundry
- Huge open planning living
- Steps away to the Palmview Football fields and easy access to the Bruce Highway
This home is truly worthy of your inspection, as we know this property will not last long.
Seize the opportunity to make 36 Velvet Way your next family home, call Mason Hayward today on 0406 078 436.
** Disclaimer**
Whilst all reasonable attempts have been made to verify the accuracy of the information provided, the Selling agents confirm that they cannot guarantee accuracy of the same and accept no liability (express or implied) in the event that any information contained in the document party through their own due diligence.
Listing description written by Mason Hayward, First National Real Estate Lifestyle Sippy Downs — reproduced as published, not verified by Districts.